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Turn-Key Restaurant/Bar Opportunity

1415 Washington Blvd Baltimore, MD 21230

1415 Washington Blvd, Baltimore, MD, 21230
$1,195,000
For Sale
$1,195,000

Retail property for sale in Baltimore, MD

Property Size3,168 SF
Price / SF$377.21
Days on Market215

Property Features for 1415 Washington Blvd

General Information

Standard status
Active
Property type
Conventional restaurants, Restaurants
Size
3,168 SF
Class
C
Listing agency Gold and Company, LLC.
Listed by Jim · License #617251
Added: Dec 19, 2025 Updated: Mar 16 at 9:06AM

Investment Insights

Based on property information with market context.

This is a retail property intended for use as a restaurant. The property is approximately 4,500 square feet and includes all Furniture, Fixtures, and Equipment (FF&E), as well as a liquor license. The property is located in Baltimore, Maryland.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $72.2k $22.80
− Vacancy −$4.0k −$1.25
EGI $68.3k $21.55
− OpEx −$17.1k −$5.39
NOI $51.2k $16.16
3,168 SF · lease $22.80/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$731.3K
$639.9K – $853.2K (±1% cap)
NOI $51,193 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$759.0K
$664.1K – $885.5K (±1% cap)
NOI $53,128 @ 7.0% cap · market cap 4.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

FLOCK Restaurant Kateyes Frederick Maryland ... Training Center

Suggested Use

Pharmacy Spa & Massage Center Law Firm Real Estate Agency Hair Salon HVAC Service Skin Care Clinic Kitchen & Bath Showroom Garden Center Nail Salon

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

FAQs

What type of property is this?
Conventional restaurant - Retail property for sale in Baltimore, MD
Where is this conventional restaurant located?
The property is located at 1415 Washington Blvd Baltimore, MD.
What is the asking price?
The asking price for this property is $1,195,000.
Contact an agent
More about this property
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