Remarks

This corner building in the vibrant Fell's Point neighborhood presents a unique investment opportunity. Previously home to the beloved local spot, Lobo, the property is now leased to Mr. Tepache's under a multi-year agreement, ensuring a steady income stream.
Key Features:
Commercial Space: The ground floor features a well-appointed bar and restaurant area, complete with:
- Two restrooms
- An open kitchen equipped with a small hood system
- Fully functional beer taps
- Poured resin floors in the bar and bathroom areas for easy maintenance
- Refrigeration units
- A dishwashing station
Additional Income: The second floor houses two apartments, providing supplementary rental income.
Liquor License: The property comes with a liquor license, adding significant value to the commercial operations.
This property not only offers immediate income through its current lease but also holds potential for future growth in one of Baltimore's most sought-after neighborhoods. The combination of commercial and residential units makes it an attractive option for investors looking to diversify their portfolio in a dynamic urban setting.

Details

MLS#: MDBA2154322
Price: $625,000

Year Built: 1920

County: BALTIMORE CITY
Subdivision: Fells Point Historic District
Tax Fee: 5832.0