1863 N Gay St - Storefront Retail/Residential FOR SALE


Baltimore, MD 21213
$88,000 USD
800-383-3535
1863 N Gay St, Baltimore, MD for Sale
$88,000 USD
Storefront Retail/Residential - FOR SALE
1/13
null | Request Cap Rate

1863 N Gay St
Baltimore, MD 21213


OVERVIEW

Exceptional mixed-use retail in the heart of East Baltimore!! This property is located at 1863 N Gay St. It is a mixed-use retail property with a storefront on the bottom and an apartment upstairs with 3 bedrooms and 1 bath. This apartment could also be easily converted into an office to support any potential existing business using the storefront, or the owner could use it as a dwelling to live in it while running his business downstairs to decrease living expenses substantially. Previously operated as a carryout spot for hot food, existing restaurant infrastructure has already been built inside. While the property definitely needs updates and renovations, it still indeed presents an excellent opportunity for a restaurant entrepreneur or aspiring entrepreneur to start their own fast food business or add another location to sell their carryout goods to the East Baltimore community residents Owner financing and an NNN lease with a tenant improvement allowance may be considered.

FOR SALE DETAILS

PRICE

$88,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,997 SF

ZONING

C-2

APN/PARCEL ID

08-20-1454-043A

ASK ABOUT THIS PROPERTY

Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

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

Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

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