Mixed-use property: One 2-story restaurant and two 1-level loft apartments. Property is fully leased. Restaurant is on a NNN 5-year deal terming out January of 2029. The lease is collateralized by the accompanying BD7 Liquor License.
The property is located on Baltimore's historic main street in an area with incredible apartment growth and is within a 1.5-mile ring of Camden Yards, Raven's Stadium (M&T), Inner Harbor, Baltimore Arena (CFG), Hippodrome Theater, Lexington Market, Mercy Medical Campus, Baltimore Convention Center, Penn Station, Johns Hopkins Medical Campus, and University of Maryland Baltimore.
Property had major renovation in 2006 when all utilities and electrical infrastructure was upgraded. Property has very little common area to maintain.