4528 Harford Rd Baltimore, MD 21214-3123
- Bars
- 4,141 SF
- 0.17 lot acres
Current Use by Public Records
- Nazca Lines Peruvian Cuisine / Latin American Restaurant
- Noah2 / Corporate Office
- The LVH by Taste This / Restaurant / American Restaurant
Property Details for 4528 Harford Rd
- Year built
- 1920
- Construction
- BRICK
- Lot size
- 0.17 lot acres
- Property size
- 4,141 SF
- Zone code
- C-1
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 27-07-5343 -004A
- APU
- 27075343004A
Description
This exceptional restaurant opportunity in Baltimore, MD, is located at 4528 Harford Rd, in the heart of Hamilton-Lauraville. The 4,699 square foot, two-story building sits on a 0.17-acre lot and is zoned C-1. Completely renovated in 2009, this turnkey property boasts a fully equipped kitchen, two bars, four bathrooms, and a double-deck outdoor patio. With a capacity for 190 guests, the restaurant previously operated as the successful Lauraville Barbecue House for 11 years, generating $40,000 in monthly revenue. The main floor features high ceilings, exposed rafters, a full bar, multiple seating areas, and an enclosed outdoor patio, while the upper floor offers a second bar, spacious seating, an indoor-outdoor patio, and additional kitchen space. Nine parking spaces, storage sheds, and a private entertaining area are also included. The building was constructed in 1920 and offers excellent visibility, situated directly across from a new 146-unit apartment development. This property presents a unique opportunity for an owner-operator, with financing options available, including SBA loans. The property's prime location, coupled with its recent renovations and proven track record, makes it an ideal investment for a discerning restaurateur.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $260,000
- 6.5%
- $285,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $230,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $220,000
- Retail
- $295,000
- Mixed-Use
- $230,000
- Hospitality
- $225,000
- Educational
- $255,000
- Residential Income
- $235,000
- Energy
- $270,000
- Income-Based Land
- $275,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.5712
- Latitude
- 39.3419
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
