1820-1822 Fleet St - Storefront Retail/Residential FOR SALE


Baltimore, MD 21231- Fells Point
$575,000 USD
410-472-5456
1820-1822 Fleet St, Baltimore, MD for Sale
$575,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | Request Cap Rate

NEW


1820-1822 Fleet St
Baltimore, MD 21231
Fells Point


HIGHLIGHTS

  • Great location in Historic Fells Point
  • Ability to manage your own bar with 6 day BWL license
  • Increase rental income from bdrs above

OVERVIEW

This versatile commercial property, currently home to the Greyhound Tavern, includes a 6-day BWL license and a spacious 3-bedroom, 2.5-bath rental unit occupying the second and third floors. The upper-level apartment features a full kitchen, laundry room, and private entrance off a shared courtyard. The second floor offers two bedrooms, a large eat-in kitchen, a shared full bath, and a laundry room—plus a half bath attached to one of the bedrooms. The third-floor suite boasts hardwood floors, an oversized private full bath, and a walk-in closet. The street-level tavern includes a 15-seat bar, two restrooms, and a large area already plumbed for a kitchen build-out. The tavern is currently leased separately, with the lease up for renewal. Combined rental income is $3,685/month, with the tavern paying $1,875 and the residential unit $1,810—both currently below market value.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,263 SF

ZONING

R-8, Commercial

APN/PARCEL ID

1781-004

ASK ABOUT THIS PROPERTY

Ryan MillerCore Maryland Real EstateMore Info
410-472-5456

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Ryan MillerCore Maryland Real EstateMore Info
410-472-5456

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