MD > Baltimore
Baltimore, MD 21230,1400 LIGHT ST
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Baltimore, MD 21230,1400 LIGHT ST
Baltimore, MD 21230,1400 LIGHT ST
Baltimore, MD 21230,1400 LIGHT ST
Baltimore, MD 21230,1400 LIGHT ST
Tracy Marshall
Tracy Marshall

+1(443) 306-7673

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Listed by Shane Ensor • VYBE Realty
Bought with STEPHEN PIPICH Jr. • VYBE Realty

$ 700,000

$ 900,000 22.2%

Est. payment /mo
Sold on 05/30/2025

1400 LIGHT ST Baltimore, MD 21230

3,136 SqFt

UPDATED:

Key Details

Sold Price $700,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 3,136 sqft

Price per Sqft $223

MLS Listing ID MDBA2162682

Sold Date 05/30/25

Year Built 1920

Available Date 2025-04-11

Annual Tax Amount $10,383

Tax Year 2024

Lot Size 1,306 Sqft

Acres 0.03

Property Sub-Type Retail

Source BRIGHT

Property Description

Prime Investment Opportunity in Federal Hill! Turnkey restaurant space featuring al fresco dining, a spacious main-level dining area with a full bar, and a second-floor overflow/private party room complete with a wet bar. Classic interior finishes include exposed brick, crown molding, coffered wood ceilings, and low-maintenance flooring—all bathed in natural light. Fully equipped kitchen included. Current lease runs through 2029 at $7,000/month NNN. Recent appraisal at $950,000 (Feb 2025). Strong investment fundamentals with a 9.1% cap rate and 10.82% ROI. Ideal opportunity for investors seeking a stabilized asset in one of Baltimore's most sought-after neighborhoods. Liquor license is included with the sale of the property.

Location

State MD

County Baltimore City

Zoning R-8*

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Heat Source Oil

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0323120981 002

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)
agent

Tracy Marshall

License ID: 678268

+1(443) 306-7673

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1400 LIGHT ST