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Property profile & analytics
FOR SALE
Bars & Pubs

6000 Eastern Ave Baltimore, MD 21224

3,640 SF 0.06 ac lot Built 1927
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US40-0936991
Property summary
AI-generated overview

This 3,640 square foot retail property at 6000 Eastern Avenue in Baltimore, MD, presents a unique investment opportunity. Built in 1927, this corner lot (0.06 acres) is zoned B032 and currently operates as a fully equipped restaurant and bar. The sale includes all restaurant and bar equipment and a valuable liquor license. Note that the liquor and beer inventory is sold separately. The adaptable space allows for diverse culinary concepts and branding, offering significant potential for customization. This turnkey operation is ready for immediate use, eliminating the need for extensive renovations or setup. The property's prime location in Baltimore, MD (zip code 21224) provides excellent visibility and accessibility. This is an exceptional chance to acquire a thriving business with significant upside potential in a desirable location. The property's existing infrastructure and included liquor license represent a substantial value proposition for prospective buyers. The flexible layout allows for creative adaptation to various restaurant and bar themes. This is a rare opportunity to own a fully operational establishment with minimal start-up costs.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1927
Construction BRICK
Total area 3,640 SF
Lot 0.06 ac (2,606 SF)
Zoning code C-1
APN 26-17-6341 -001
UPID US40-0936991
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Catch 22 Saloon Restaurant
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Snow Group LLC · 8 yrs held
Snow Group LLC
since 2017
4 recorded transactions
2017
$200,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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