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    1826 Pratt St Baltimore, MD 21223

    For Sale
    $170,000

    Prime Location, Restaurant & Airbnb Potential

    Property size:
    1,080 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional Baltimore mixed-use property at 1826 W Pratt Street presents a unique investment opportunity. The ground floor encompasses a 1,500 square foot Chinese carry-out restaurant, fully equipped with a commercial kitchen and a half bath. This established business is available for separate purchase at $70,000, currently generating $1,800 monthly rent. The upper two floors offer substantial living space, totaling 2,200 square feet (1,100 sq ft each), each level featuring two bedrooms and a full bathroom. This layout is perfectly suited for short-term rentals like Airbnb or a small motel, offering significant income potential. A full basement provides ample storage. The entire 1,080 square foot property, situated on a 0.02-acre lot, is available for purchase at $170,000. Owning the property eliminates rent, maximizing your return on investment and providing long-term financial security. This is a rare chance to acquire a thriving business and valuable real estate in a desirable Baltimore location. The combination of established restaurant operations and flexible upper-level space makes this an attractive proposition for both business owners and real estate investors. Don't miss this chance to secure your financial future.

    Property Features for 1826 Pratt St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,080 SF
    Lot Size
    871 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Lucky Express Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.64603
    Latitude
    39.28536

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Location, Restaurant & Airbnb Potential
    Where is this mixed-use property located?
    The property is located at 1826 Pratt St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $170,000.
    (301) 244-0117
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    1826 Pratt St Baltimore, MD 21223
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    Baltimore, MD 21223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1826 Pratt St Baltimore, MD 21223
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