Turnkey Neighborhood Bar &
2218 Boston St Baltimore, MD 21231
New
2218 Boston St, Baltimore, MD, 21231
$725,000
For Sale
$725,000
Turnkey two-level bar and lounge with booth, high-top, and bar seating plus a private third-floor office; liquor license excluded.
Property Size3,325 SF
Price / SF$218.05
Days on Market2
Property Features for 2218 Boston St
General Information
- Standard status
- Active
- Size
- 3,325 SF
Building Details
- Year Built
- 1920
Listing agency
Berkshire Hathaway HomeServices Homesale Realty
(410) 929-2491
Listed by
Robert J Breeden · License #632462
Source
Kandorre
Added: Jul 20 Updated: Jul 21 at 9:41AM Checked: Jul 21 at 9:41AM
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 Berkshire Hathaway HomeServices Homesale Realty
Investment Insights
Based on property information with market context.
This turnkey neighborhood bar and lounge offers a flexible, operator-ready layout with spacious bar areas on two levels and a private third-floor office. The interior includes booth seating, high-top tables, and classic bar seating throughout, creating multiple areas for guest flow and programmed events. The property has been used to support a range of social activities, including trivia nights, live entertainment, and private parties.
Located at 2218 Boston St in Baltimore, the property sits along the border of Canton and Fells Point and has been a longtime fixture in the area’s nightlife scene. The sale includes the building and business setup; please note the liquor license is not included in the sale.
Located at 2218 Boston St in Baltimore, the property sits along the border of Canton and Fells Point and has been a longtime fixture in the area’s nightlife scene. The sale includes the building and business setup; please note the liquor license is not included in the sale.
Key Highlights
- Neighborhood bar and lounge at 2218 Boston Street on the Canton/Fells Point border
- Approximately 3,500 SF across two levels with spacious bar areas
- Includes booth seating, high‑top tables, and classic bar seating throughout
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 | $75.8k | $22.80 |
| − Vacancy | −$4.2k | −$1.25 |
| EGI | $71.6k | $21.55 |
| − OpEx | −$17.9k | −$5.39 |
| NOI | $53.7k | $16.16 |
3,325 SF · lease $22.80/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$767.6K
$671.6K – $895.5K
NOI $53,730 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$796.6K
$697.0K – $929.3K
NOI $55,760 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ATM
Atm
Similar For Sale Nearby
Similar Off Market Nearby
- Hull Street Blues Cafe — 1222 Hull St, Baltimore, MD 21230
- 1157 Bar & Kitchen — 1157 Haubert St, Baltimore, MD 21230
- Sandlot — 1000 Wills St, Baltimore, MD 21231
- Fells Point Tavern — 1606 Thames St, Baltimore, MD 21231
- Dudas Tavern — 1600 Thames St, Baltimore, MD 21231
FAQs
What type of property is this?
Bar & Pub - Turnkey two-level bar and lounge with booth, high-top, and bar seating plus a private third-floor office; liquor license excluded.
Where is this bar & pub located?
The property is located at 2218 Boston St Baltimore, MD.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Neighborhood bar and lounge at 2218 Boston Street on the Canton/Fells Point border; Approximately 3,500 SF across two levels with spacious bar areas; Includes booth seating, high‑top tables, and classic bar seating throughout
