1900 Aliceanna St Baltimore, MD 21231-3742
This exceptional mixed-use property at 1900 Aliceanna Street in Baltimore's desirable Fell's Point neighborhood presents a compelling investment opportunity. The 2,760 square foot building, situated on a 0.03-acre corner lot, is currently leased to Mr. Tepache's under a multi-year agreement, providing a reliable income stream. The ground floor boasts a fully operational bar and restaurant space, previously occupied by the popular Lobo establishment. This area includes a well-equipped open kitchen with a small hood system, two restrooms, fully functional beer taps, durable poured resin floors in the bar and bathroom areas, refrigeration units, and a dishwashing station. Adding to the property's financial appeal, the second floor comprises two apartments generating supplementary rental income. A significant asset included in the sale is a valid liquor license, enhancing the commercial operation's value and potential. Priced at $625,000, this property offers immediate returns and substantial long-term growth potential within a thriving urban environment. The blend of commercial and residential units makes it an attractive option for investors seeking diversification in a dynamic Baltimore location.
-
Mr. Tepaches Restaurant
-
3rs Home Remodeling Services General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Baltimore, MDBaltimore. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.