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Prime Investment Opportunity in Federal Hill! Turnkey restaurant space featuring al fresco dining, a spacious main-level dining area with a full bar, and a second-floor overflow/private party room complete with a wet bar. Classic interior finishes include exposed brick, crown molding, coffered wood ceilings, and low-maintenance flooring"”all bathed in natural light. Fully equipped kitchen included. Current lease runs through 2029 at $7,000/month NNN. Recent appraisal at $950,000 (Feb 2025). Strong investment fundamentals with a 9.1% cap rate and 10.82% ROI. Ideal opportunity for investors seeking a stabilized asset in one of Baltimore's most sought-after neighborhoods.
DAYS ON MARKET | 4 | LAST UPDATED | 4/11/2025 |
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YEAR BUILT | 1920 | COUNTY | BALTIMORE CITY |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
School District | BALTIMORE CITY PUBLIC SCHOOLS |
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ADDITIONAL DETAILS | |
AIR | Electric, Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Gas Water Heater |
CONSTRUCTION | Brick |
HEAT | Oil, Radiant |
LOT | 1307 sq ft |
PARKING | On Street |
SEWER | Public Sewer |
TAXES | 10383 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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