1002 Lgt St Baltimore, MD 21230-4018
- Turn key restaurants
- 3,252 SF
- 0.05 lot acres
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
-
AI approach
- Method
- Estimation
- ML approach
- $270,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $305,000
Market price range: $238k - $477k
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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