Entity Owned Property summary
This exceptional mixed-use property at 1741 Light Street in Baltimore, Maryland, presents a lucrative investment opportunity. The 5,800 square foot building boasts a prime corner location in the vibrant Federal Hill neighborhood, currently operating at 100% occupancy with three tenants. The property is categorized as retail, with a bar as the primary subtype, and includes all fixtures, furniture, and equipment (FF&E). A significant advantage is the inclusion of a liquor license, a valuable asset for any bar operation. The asking price is $999,000, translating to a price per square foot of $172.24 and an attractive 8.50% capitalization rate. The lease structure is a Net-Net-Plus (NN+) arrangement, offering a strong return on investment for the buyer. The property's multi-tenancy structure provides diversification and enhanced income potential. Located in the 21230 zip code, this property offers a compelling combination of strong location, high occupancy, and a desirable cap rate, making it an ideal addition to any investment portfolio. This is a turnkey operation ready for immediate income generation. The property's corner location provides excellent visibility and accessibility. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-l…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-8 · Baltimore, MDThe R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-l…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-l…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-8 in Baltimore, MD.
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