301 S Ann St - Storefront Retail/Residential FOR SALE


Baltimore, MD 21231- Upper Fells Point
$575,000 USD
443-414-3338
301 S Ann St, Baltimore, MD for Sale
$575,000 USD
Storefront Retail/Residential - FOR SALE
1/5
null | Request Cap Rate

301 S Ann St
Baltimore, MD 21231
Upper Fells Point


OVERVIEW

Prime Upper Fells Point Investment Opportunity – Two properties: 301 S. Ann Street & 1803 Gough Street. An exceptional chance to own a mixed-use corner property in the heart of Upper Fells Point! This offering includes two parcels—301 S. Ann Street and 1803 Gough Street—featuring a fully operational bar (currently leased to the same business owner for 14 years) with a valuable BD7 liquor license, plus two residential apartments and a third-floor storage/office area. The bar (Benders) is in excellent condition with a welcoming dining area, multiple coolers, a small kitchen, a rear office, and a full basement for storage. Bar tenant pays $3,200/month. One apartment is currently rented to a long-term tenant at $1,000/month; the second unit is vacant and ready for a new occupant or added rental income. Serious buyers with proof of funds or financing can access rental units upon request. Situated in a vibrant, walkable neighborhood close to Patterson Park, Fells Point, and Johns Hopkins, this is an ideal investment for savvy buyers seeking both immediate cash flow and long-term upside. Please do not disturb current tenants—showings by appointment only. 301 S Ann, 2025 tax assessment: $307,000, annual taxes $6,783 & total sqft 3,600 (2,625 above grade). 1803 Gough, 2025 tax assessment: $192,300, annual taxes $4,331 & total sqft: 1,719 (1,146 above grade). sold as-is.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Gough St

LAND ACRES

0.04 AC

LAND SF

1,882 SF

ZONING

R-8

APN/PARCEL ID

1763-001

ASK ABOUT THIS PROPERTY

Ron HowardRon Howard Associates RE/MAX AdvantageMore Info
443-414-3338

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

Ron HowardRon Howard Associates RE/MAX AdvantageMore Info
443-414-3338

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