2442 Fayette St Baltimore, MD 21224
- Commercial real estate
- 2,544 SF
- 0.11 lot acres
Current Use by Public Records
- Hong's Chinese Food Carryout / Chinese Restaurant
Property Details for 2442 Fayette St
- Year built
- 1880
- Lot size
- 0.11 lot acres
- Property size
- 2,544 SF
- Property type
- Commercial real estate
Description
This exceptional Baltimore, MD property offers a unique opportunity to own a thriving, turnkey carry-out restaurant and a three-bedroom, one-bath residence, all in one convenient location. Situated on a 0.11-acre lot at 2442 E. Fayette St, Baltimore, MD 21224, near Johns Hopkins Hospital, this 2,544 square foot retail space boasts 100% occupancy. The building, constructed in 1880 and renovated in 2016, features two stories and is zoned R-8. The asking price is $150,000, translating to $58.96 per square foot. This fee-simple ownership provides a rare chance to combine business ownership with comfortable living. The restaurant's prime location ensures a steady stream of customers, while the upstairs residence offers a convenient and comfortable living space for the owner-operator. This is an ideal investment for an entrepreneur seeking a blend of business and residential living in a vibrant Baltimore neighborhood. The property presents a compelling opportunity for immediate income generation and long-term growth potential. Don't miss this chance to acquire a fully operational business and comfortable living quarters in a high-demand area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.5821942
- Latitude
- 39.2945861
