Purpose-Built Food Facility For
925 Washington Boulevard Baltimore, MD 21230
925 Washington Boulevard, Baltimore, MD, 21230
$2,500,000
For Sale
$2,500,000
8,300 SF purpose-built food facility with multiple food components.
Property Size8,300 SF
Price / SF$301.20
Days on Market110
Property Features for 925 Washington Boulevard
General Information
- Standard status
- Active
- Size
- 8,300 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 2020
Listing agency
MacKenzie Commercial Real Estate - Corporate
(410) 494-4861
Listed by
Henry Deford · License #MD 636644
(410) 494-4861
Source
Mackenziecommercial
Added: Apr 3 Updated: Jul 10 at 3:55PM Checked: Jul 21 at 3:06AM
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 MacKenzie Commercial Real Estate - Corporate
Investment Insights
Based on property information with market context.
The property at 925 Washington Boulevard is an 8,300 square foot purpose-built, state-of-the-art food facility. It features multiple food components, including a full-service restaurant and bar, a carryout café and coffee bar, and a large-scale commercial kitchen space. The property is currently for sale.
Key Highlights
- State‑of‑the‑art food facility (8,300 SF ±)
- Multiple food components: restaurant & bar, carryout café & coffee bar, commercial kitchen
- Purpose‑built design
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 | $189.2k | $22.80 |
| − Vacancy | −$10.4k | −$1.25 |
| EGI | $178.8k | $21.55 |
| − OpEx | −$44.7k | −$5.39 |
| NOI | $134.1k | $16.16 |
8,300 SF · lease $22.80/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.92M
$1.68M – $2.24M
NOI $134,124 @ 7.0% cap · market cap 5.36%
Second Best
Retail
$1.68M
$1.47M – $1.96M
NOI $117,477 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,191 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Groundwork Kitchen
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Picnic Perch — Baltimore, MD 21201
FAQs
What type of property is this?
Conventional restaurant - 8,300 SF purpose-built food facility with multiple food components.
Where is this conventional restaurant located?
The property is located at 925 Washington Boulevard Baltimore, MD.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: State‑of‑the‑art food facility (8,300 SF ±); Multiple food components: restaurant & bar, carryout café & coffee bar, commercial kitchen; Purpose‑built design
