Property profile

435 South Broadway Baltimore, MD 21231

FOR SALE
Turn key restaurants
Property ID
US40-0064435
6,300 SF 0.05 ac lot Built 1920
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

A fully renovated, three-level brick corner building located at 435 S Broadway in Fells Point, configured as a mixed-use property with commercial space on the ground level and separate living/workspace configurations on the upper floors. The main level includes space currently arranged for two businesses: a carry-out restaurant and a cigar shop. The second level contains six rooms and two full bathrooms and is presently laid out for office use, with the building having the potential to be converted to residential apartments subject to city approval. The third level includes residential units configured as two- and three-bedroom apartments. The overall configuration supports retail activity at street level with additional separate occupancy options above.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Construction BRICK
Total area 6,300 SF
Lot 0.05 ac (2,166 SF)
Zoning code C-1
APN 02-04-1771 -034
UPID US40-0064435

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
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Trucking Company

Location

435 South Broadway Baltimore, MD 21231
Baltimore metro Census 20200 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2006
3 recorded transactions
2006
$750,000
2001
$220,000
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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More about this property
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