Property profile

2511 Hammonds Fry Rd Halethorpe, MD 21227

OFF-MARKET
Commercial real estate
Property ID
US40-0573828
2,238 SF 0.16 ac lot Built 1929
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully renovated bar and restaurant located at 2511 Hammonds Ferry Rd, Halethorpe, MD 21227. The property, situated on a 0.16-acre lot, boasts 2,238 square feet of space spread across two stories within a single building constructed in 1929 and extensively renovated in 2021. The main level comprises a fully equipped restaurant and bar, complete with a seven-day Class D liquor license permitting both on and off-premises sales. A dedicated private parking lot adds to the convenience. The second floor offers a residential apartment currently utilized for events and administrative purposes. This turnkey operation comes with existing management and staff in place, ensuring a smooth transition for the new owner. The asking price is $595,000. Financial details regarding the impressive return on investment are available upon request. This is a rare chance to acquire a thriving, established business in a desirable location. The property's recent renovation ensures modern amenities and efficiency, minimizing immediate capital expenditure needs. The combination of a strong income stream, established clientele, and prime location makes this a compelling investment prospect.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1929
Total area 2,238 SF
Lot 0.16 ac (6,901 SF)
Zoning code BL
APN 13-1305770080
UPID US40-0573828

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2511 Hammonds Fry Rd Halethorpe, MD 21227-2918
Halethorpe metro Census 430200 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2025
Last sale
$320,000
4 recorded transactions
2025
$320,000
2018
$259,000
2001
$235,000
1998
$235,000

Zoning & alternative use

BL · Halethorpe, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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