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    1390 Lancaster St Baltimore, MD 21231

    For Lease
    $408 /Mo ($0.90 SF/Yr)

    Prime 5,460 SF Restaurant Space, Immediate Occupancy

    Lot size:
    5,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 5,460-square-foot retail space is ideally situated at 1390 Lancaster Street in Baltimore, Maryland's vibrant Harbor East neighborhood. Currently vacant, this single-tenant property offers immediate occupancy and presents a unique opportunity for a restaurant or similar retail business. Previously occupied by Ra Sushi, the space benefits from existing restaurant infrastructure, making it an attractive option for a quick and efficient setup. Located on the ground floor of the Eden residential building, the property enjoys high visibility and convenient access for customers. The strategic location within Harbor East places the business in close proximity to Fells Point and the rapidly expanding Harbor Point development. Harbor Point is home to a significant concentration of major employers, including T. Rowe Price, Morgan Stanley, and Constellation Energy, ensuring a substantial pool of potential customers. This prime location offers excellent potential for capturing a large market share within a thriving and densely populated area. The property's address is 1390 Lancaster Street, Baltimore, MD 21231. The building's size is 5,460 square feet, all of which is currently available. The property type is classified as Retail and Restaurant, with a subtype of Shopping Center.

    Property Features for 1390 Lancaster St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,460 SF
    Total Rate
    408

    Unit(s) available at that property

    Space
    Size
    5,460 SF
    Rate per SF
    $408

    HighLights

    • 5,460 SF retail space available for immediate occupancy at 1390 Lancaster Street, Baltimore, MD 21231.
    • Ground floor location in the Eden residential building, offering high visibility and convenient customer access.
    • Existing restaurant infrastructure from previous tenant (Ra Sushi), ideal for quick setup.
    • Located in Harbor East, near Fells Point and Harbor Point, with proximity to major employers like T. Rowe Price, Morgan Stanley, and Constellation Energy.
    • Surrounding area features a mix of high‑end residential, hospitality, and retail, including numerous restaurants and national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Benihana Baltimore Japanese Restaurant RA Sushi Bar ... Japanese Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.597457617169
    Latitude
    39.282386772863

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    FAQs

    What type of property is this?
    Lifestyle center - Prime 5,460 SF Restaurant Space, Immediate Occupancy
    Where is this lifestyle center located?
    The property is located at 1390 Lancaster St Baltimore, MD.
    What is the lease rate?
    The lease rate is $408 /Mo.
    What are key features of this property?
    This property features: 5,460 SF retail space available for immediate occupancy at 1390 Lancaster Street, Baltimore, MD 21231.; Ground floor location in the Eden residential building, offering high visibility and convenient customer access.; Existing restaurant infrastructure from previous tenant (Ra Sushi), ideal for quick setup.
    Request Owner's contact information
    1390 Lancaster St Baltimore, MD 21231
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    Baltimore, MD 21231
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1390 Lancaster St Baltimore, MD 21231
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