15 E Centre St - Restaurant FOR SALE


Baltimore, MD 21202
$850,000 USD
410-292-8430
15 E Centre St, Baltimore, MD for Sale
$850,000 USD
Restaurant - FOR SALE
1/54
null | Request Cap Rate

15 E Centre St
Baltimore, MD 21202


HIGHLIGHTS

  • This is in an ideal location.

OVERVIEW

Location! Location! Location! EXCELLENT INVESTMENT OPPORTUNITY! Renovated Restaurant/Lounge/Entertainment Building in the heart of Baltimore City's Mount Vernon Historic District! DESCRIPTION: The main 1st level has a bar with a restaurant seating area and a commercial kitchen w/hood. The upper 2nd level also has a bar with restaurant seating areas. The upper 3rd level has entertainment and lounge areas. Upper 4th level hosts employee/management offices, break area and storage. The basement provides additional storage and a large walk-in cooler. All the furniture, fixtures and equipment convey with property. IMPROVEMENTS: Formerly "Flavor" and "Midtown BBQ and Brew". The property has 19' of frontage on E Centre St and a depth of 108'. It is improved by a beautifully renovated 4-story Masonry building with approx. 5,800 sq. ft. GLA (approx. 5,625 sq ft above grade). The first, second, and third levels are used as restaurant/lounge/entertainment space with the fourth level and basement used as office & storage areas. The property is zoned OR-2 (Office/Residential Zoning District), Site influence: Commercial. LOCATION DESCRIPTION: Mount Vernon cultural district is designated a National Landmark Historic District and a city Cultural District. It boasts stunning 19th century architecture and well kept parks. Being close to downtown, Mount Vernon is well-served by public transit and is blocks from Light Rail. The neighborhood is home to a mix of residential and institutions, including the Peabody Conservatory (directly across the street), Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Art, Joseph Meyerhoff Symphony Hall, Baltimore School for the Arts, Lyric Opera House, Center Stage & much more! Walk Score:99/100 Walker's Paradise; Transit Score:100/100 Rider's Paradise; Bike Score:78/100 Very Bikeable. Surrounded by an abundance of fine dining, shopping, museums, cultural and historical sites, and entertainment options in every direction. Easy access to I-83 (JFX), I-95, and other major routes, Metro, Johns Hopkins Hospital, University of Maryland Baltimore, Baltimore Penn Station and more. Excellent opportunity with endless possibilities in a PRIME LOCATION that can’t be beat! You Won't Want to Miss this one, make an appointment to see it today!

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

"Flavor"

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

OR-2

APN/PARCEL ID

11-11-0552-005

ASK ABOUT THIS PROPERTY

Jonathan MesterBerkshire Hathaway | Homesale RealtyMore Info
410-292-8430

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Jonathan MesterBerkshire Hathaway | Homesale RealtyMore Info
410-292-8430

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