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Turnkey Restaurant in Butchers Hill
For Lease
$16.50 SF/Yr

2031 E Fairmount, Baltimore, MD 20231

Free-standing, 2nd gen restaurant with liquor license for rent.

Space Size4,000 SF
Days on Market272

Property Features for 2031 E Fairmount

General Information

Standard status Active
Size 4,000 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 4,000 SF

Spaces For Lease

at 2031 E Fairmount Contact us

2031 E Fairmount $16.50/SF/Yr

Size
4,000 SF
Type
Restaurant
Term
Negotiable
Contact us
Listing Agency: Avenue Real Estate, LLC
Listed By: Kyle Leibowitz · License #672925
Source: Avenuerealestatellc
Added: Nov 25, 2025 Changed: Aug 23 Last Checked: Aug 24 at 5:07AM

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 Avenue Real Estate, LLC

Investment Insights

Based on property information with market context.

The property at 2031 E. Fairmount Avenue is a free-standing, second-generation restaurant with a liquor license, situated in the Butchers Hill neighborhood. The 4,000-square-foot property features a full bar on the ground floor. Upstairs, there are two spacious dining and seating areas. The layout is suitable for a restaurant, café, or lounge. An additional 900 square feet of office or storage space is located on the third floor, providing back-of-house functionality. With its established restaurant setup, this space is suitable for a turnkey dining or hospitality concept.

Key Highlights

  • Free‑standing 2nd gen restaurant with liquor license in Butchers Hill.
  • Turnkey dining or hospitality concept ready.
  • Full bar on the ground floor.

Property Analytics

Current Use

Turn key restaurants

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Pet Store & Service Pet Store Pet Grooming Service

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

Lease Details

NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,195
Businesses Nearby
Under-served
Demand for This Use

Market

Lease Benchmarks for Baltimore, MD

$23.44 /SF/Yr
Avg Asking Price
$3.31–$64 /SF/Yr
Price Range
7,549 SF
Avg Space Size

This space is priced 30% below the average of $23.44 /SF/Yr.

Vacancy Rate% for Retail in Baltimore, MD

5.8% 2019
7.2% 2020
7% 2021
6.3% 2022
5.9% 2023
5.9% 2024
6.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Free-standing, 2nd gen restaurant with liquor license for rent.
Where is this restaurant located?
The property is located at 2031 E Fairmount Baltimore, MD.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Free‑standing 2nd gen restaurant with liquor license in Butchers Hill.; Turnkey dining or hospitality concept ready.; Full bar on the ground floor.
More about this property
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