1539 Lgt St Baltimore, MD 21230-4694
- Investment properties
- 2,384 SF
- 0.03 lot acres
Current Use by Public Records
- Investment properties
Property Details for 1539 Lgt St
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.03 lot acres
- Property size
- 2,384 SF
- Zone code
- C-1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 24-03-1007 -020
- APU
- 24031007020
Description
This exceptional 920-square-foot retail space is ideally situated at 1539 Light Street in Baltimore, Maryland, zip code 21230. The property is a single-tenant unit, perfect for a variety of uses, including nail salons, tattoo shops, or general office space. Its location within the vibrant Federal Hill neighborhood offers unparalleled access to a thriving community and a wealth of amenities. The property benefits from its proximity to the Inner Harbor, a major tourist destination, and is just steps away from popular attractions such as the Maryland Science Center, the National Aquarium, and the historic Federal Hill Park. This ensures high foot traffic and visibility for any business. The surrounding area boasts a diverse mix of national retailers and local boutiques, creating a dynamic and attractive environment for both businesses and customers. The address is easily accessible and benefits from excellent visibility along Light Street. This space presents a unique opportunity for a business seeking a high-traffic location in a desirable and established Baltimore neighborhood. The property is ready for immediate occupancy and offers a fantastic chance to establish or expand a business in a thriving area. Interested parties should inquire for lease terms and conditions.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $675,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $450,000
- 6.5%
- $465,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $540,000
- Geo Method
- $480,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $475,000
- Retail
- $485,000
- Mixed-Use
- $625,000
- Hospitality
- $480,000
- Educational
- $610,000
- Residential Income
- $585,000
- Energy
- $625,000
- Income-Based Land
- $555,000
- Food Service
- $550,000
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.6114
- Latitude
- 39.2718
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA