Property profile

3535 Chestnut Ave Baltimore, MD 21211

FOR SALE
Turn key restaurants
Property ID
US40-0758672
5,920 SF 0.14 ac lot Built 1930
Entity Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,920 square foot restaurant space is ideally located at 3535 Chestnut Avenue in Baltimore, Maryland, zip code 21211. The property is classified as retail, specifically a single-tenant restaurant, offering a significant opportunity for established or emerging food and beverage businesses. Its prime location in Baltimore provides excellent visibility and accessibility for customers. The building's size allows for ample space for dining areas, kitchen facilities, and potentially additional features such as a bar or outdoor seating (subject to local regulations and permits). The single-tenant occupancy ensures exclusive use of the premises, providing control and flexibility for the tenant. This property presents a rare chance to acquire a substantial and well-situated restaurant space in a vibrant Baltimore neighborhood. The address is easily accessible via major roadways, offering convenient access for both customers and staff. Detailed information regarding lease terms and conditions is available upon request. Interested parties are encouraged to conduct their own due diligence to verify all aspects of the property and its suitability for their intended use. This is a fantastic opportunity for a business seeking a prominent location in a thriving area of Baltimore. The property's size and layout offer considerable potential for customization and expansion, allowing for a unique and successful business venture. Further details regarding the property's history and operational specifics are available upon request.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction BRICK
Total area 5,920 SF
Lot 0.14 ac (6,000 SF)
Zoning code C-1
APN 13-14-3534 -042
UPID US40-0758672

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nightclub Music Venue
  • Restaurant

Location

3535 Chestnut Ave Baltimore, MD 21211
Baltimore metro Census 130600 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2012
4 recorded transactions
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Baltimore, MD
Zoning description

ermitted and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (…

General category COMMERCIAL

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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