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Federal Hill Mixed-Use Investment
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1538 Light St, Baltimore, MD 21230

Mixed-use property in Federal Hill/South Baltimore with income potential.

Property Size3,676 SF
Days on Market152

Property Features for 1538 Light St

General Information

Standard status Active
Size 3,676 SF
Property subtype Mixed Use
Listing Agency: Alex Cooper Auctioneers, Inc
Listed By: Matthew Cooper · License #MD 594308
Source: Crexi
Added: Mar 23 Changed: Aug 14 Last Checked: Aug 14 at 7:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alex Cooper Auctioneers, Inc

Investment Insights

Based on property information with market context.

Located on Light Street in the Federal Hill/South Baltimore district, this mixed-use property at 1538-1540 Light St is near the Inner Harbor and downtown Baltimore. The property features a street-level commercial space suitable for a restaurant, retail storefront, or café, along with two residential apartments above. The units feature wood-type flooring, recessed lighting, and granite counters; the residential units also have laundry. The property includes a commercial-grade kitchen with a walk-in freezer, dining/retail space, office space, storage space, a customer restroom, and a full bathroom. Each of the apartments on the second and third floors at 1538 and 1540 Light St includes a living room, dining area, kitchen, two bedrooms, and two full bathrooms. The property has a history of strong rental income and includes two parking spaces in the rear. Per SDAT, the property contains 3,676 square feet above grade. The location offers visibility on Light Street, a major north-south route. It is within walking distance of Cross Street Market, Riverside Park, Southside Marketplace, the Baltimore Museum of Industry, nightlife, restaurants, and waterfront attractions. The apartments are currently rented at $1,950 per month each.

Key Highlights

  • Income‑producing mixed‑use property with a commercial space and two residential apartments.
  • Prime location on Light Street in Federal Hill/South Baltimore, a high foot traffic corridor.
  • Updated residential units featuring wood‑type flooring, recessed lighting, granite counters, and in‑unit laundry.

Property Analytics

Current Use

Pizza Palace Restaurant Sibs Food Boutique Restaurant

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Butcher Catering Service Auto Parts Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,778
Businesses Nearby

Demographics for 21230, MD

36,660
Population
18,070
Households
2
Avg Household Size
33
Median Age
59%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
5,819
Density / Sq Mi
$94,164
Median Household Income
$69,973
Median Earnings
$1,771
Median Rent
$327,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property in Federal Hill/South Baltimore with income potential.
Where is this mixed-use property located?
The property is located at 1538 Light St Baltimore, MD.
What are key features of this property?
This property features: Income‑producing mixed‑use property with a commercial space and two residential apartments.; Prime location on Light Street in Federal Hill/South Baltimore, a high foot traffic corridor.; Updated residential units featuring wood‑type flooring, recessed lighting, granite counters, and in‑unit laundry.
(410) 977-4711 Call to check price and availability
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