1900 Aliceanna St Baltimore, MD 21231
- Investment properties
- 2,760 SF
- 0.03 lot acres
Current Use by Public Records
- Mr. Tepaches / Mexican Restaurant / Bar
- 3rs Home Remodeling Services / Contractor
Property Details for 1900 Aliceanna St
- Year built
- 1920
- Construction
- BRICK
- Lot size
- 0.03 lot acres
- Property size
- 2,760 SF
- Zone code
- C-1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 02-07-1830 -046
- APU
- 2071830046
Description
This exceptional mixed-use property at 1900 Aliceanna Street in Baltimore's desirable Fell's Point neighborhood presents a compelling investment opportunity. The 2,760 square foot building, situated on a 0.03-acre corner lot, is currently leased to Mr. Tepache's under a multi-year agreement, providing a reliable income stream. The ground floor boasts a fully operational bar and restaurant space, previously occupied by the popular Lobo establishment. This area includes a well-equipped open kitchen with a small hood system, two restrooms, fully functional beer taps, durable poured resin floors in the bar and bathroom areas, refrigeration units, and a dishwashing station. Adding to the property's financial appeal, the second floor comprises two apartments generating supplementary rental income. A significant asset included in the sale is a valid liquor license, enhancing the commercial operation's value and potential. Priced at $625,000, this property offers immediate returns and substantial long-term growth potential within a thriving urban environment. The blend of commercial and residential units makes it an attractive option for investors seeking diversification in a dynamic Baltimore location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $390,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $405,000
- Mixed-Use
- $385,000
- Hospitality
- $430,000
- Educational
- $420,000
- Residential Income
- $335,000
- Energy
- $355,000
- Income-Based Land
- $390,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.5898
- Latitude
- 39.2839
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA