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Property profile & analytics

1002 Lgt St Baltimore, MD 21230-4018

  • Turn key restaurants
  • 3,252 SF
  • 0.05 lot acres
OFF-MARKET
Value Estimations
$275,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US40-0776047
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Regi's American Bistro / New American Restaurant
  • Rosas Bar & Grill / Restaurant / Bar

Property Details for 1002 Lgt St

Year built
1920
Construction
BRICK
Lot size
0.05 lot acres
Property size
3,252 SF
Zone code
C-1
Property type
Turn key restaurants
APN
23-04-0934A-002
APU
23040934A002

Description

This exceptional turnkey restaurant and bar is located at 1002 Light Street in Baltimore, Maryland, 21230. Offered at $850,000, this property presents a unique investment opportunity in the vibrant Federal Hill neighborhood. The restaurant boasts a seven-day liquor license, a significant advantage for continued operation and profitability. Its prime location offers easy access to major highways and public transportation, ensuring convenient access for both staff and patrons. The surrounding area is bustling with activity, featuring renowned attractions such as the Inner Harbor, Camden Yards, and M&T Bank Stadium, all within walking distance. This proximity to major landmarks and a diverse range of dining establishments creates a high-traffic environment, ideal for a thriving business. The property's location within Federal Hill provides access to a diverse clientele and a strong local community. This turnkey operation is ready for immediate occupancy and presents a rare opportunity to acquire an established business in a highly desirable location. The property is categorized as retail, specifically a restaurant.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $270,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $305,000
    Market price range: $238k - $477k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Baltimore
County
Baltimore City
State
Maryland
Longitude
-76.6128
Latitude
39.2781
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,409
$316,500
$82,200
$398,700
-
$316,500
$82,200
$398,700
More about this property
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