1440 Light St - Flex FOR SALE


Baltimore, MD 21230- Riverside
$1,900,000 USD
443-613-5008
1440 Light St, Baltimore, MD for Sale
$1,900,000 USD
Flex - FOR SALE
1/14
null | 7% Cap Rate

1440 Light St
Baltimore, MD 21230
Riverside


HIGHLIGHTS

  • Unique property, perfect for mixed use commercial space, with an attached residential dwelling housing three bedrooms and one full bathroom.
  • Two on-grade loading docks/garage doors with parking for three plus cars.

OVERVIEW

Endless development and investment opportunities exist with this primely located Federal Hill end cap and its adjoining residential rowhome. A combined 11,900 plus square feet of space and over 5,000 square feet of land mass are ideal for the starter investor to the dreaming developer. Currently the buildings are owner occupied and have a CAP rate of 7. C -1 Zoning has a myriad of permitted and conditional uses. Lift the roofline and build to 68 feet high; yielding an additional 2-3 stories of income producing space. Loan programs with as little as 10 percent down are available. Please contact the listing agent with all inquiries and tour requests. Buyer to verify all zoning and uses with the city of Baltimore. CAP rate based on full occupancy of existing buildings.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, undefined, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1952

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12

LAND SF

5,227

ZONING

C-1

APN/PARCEL ID

0996-008

ASK ABOUT THIS PROPERTY

Aviva KarpeCummings & Co. RealtorsMore Info
443-613-5008

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Aviva KarpeCummings & Co. RealtorsMore Info
443-613-5008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.