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Highlights

  • Corner location in Federal Hill’s walkable retail and dining district.
  • Recent upgrades include Daikin mini-split systems for apartments and modernized roofing.
  • Strong upside potential through long-term leasing or short-term rental conversion.
  • Ground-floor retail space with three fully separate residential units above.
  • High-traffic corridor close to the Inner Harbor, stadiums, and major city attractions.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,100 SF
  • 1-10 Years
  • $40.86 CAD/SF/YR $3.41 CAD/SF/MO $85,815 CAD/YR $7,151 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
2026-06-01

2100 sf of retail space

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space In Need of Renovation
Space Size Term Rental Rate Rent Type
1st Floor 2,100 SF 1-10 Years $40.86 CAD/SF/YR $3.41 CAD/SF/MO $85,815 CAD/YR $7,151 CAD/MO Triple Net (NNN)

1st Floor

Size
2,100 SF
Term
1-10 Years
Rental Rate
$40.86 CAD/SF/YR $3.41 CAD/SF/MO $85,815 CAD/YR $7,151 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
2026-06-01

2100 sf of retail space

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space In Need of Renovation

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 2,100 SF
Property Type Retail
Gross Leasable Area 2,100 SF
Year Built 1920

About the Property

Located in the heart of Baltimore’s Federal Hill neighborhood, 1135-1137 Light Street is a rare mixed-use opportunity comprising first-floor retail with three residential apartments above. This three-story, corner-lot property sits along a vibrant corridor surrounded by restaurants, boutiques, and neighborhood services. With excellent visibility at the intersection of Light Street and East West Street, the property experiences strong pedestrian and vehicular traffic, with AADT exceeding 9,400 cars per day. The building’s first floor, formerly an optometry office, is well-suited for retail or professional office use, offering open layout potential and parking solutions via a nearby public garage. The upper floors house three apartments—two one-bedroom units and one two-bedroom unit—with individual utilities, mini-split HVAC systems, and strong natural light. Situated near the Inner Harbor, Cross Street Market, and major attractions, this property offers immediate leasing income with potential for value-add improvements, including conversion for short-term rental use to capture local tourism demand. The property is positioned near major commuter routes such as I-95, MD-295, and I-395, with convenient access to public transportation, making it an attractive investment for both owner-occupants and commercial investors seeking a location in one of Baltimore’s most active submarkets.

Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
70/100

Nearby Major Retailers

Wells Fargo Home Mortgage
Bank of America
Starbucks
CrossFit Federal Hill
[solidcore]
CorePower Yoga
Bambu Desserts & Drinks
Buffalo Wild Wings
Ruth's Chris Steak House
Mccormick & Schmick's
  • Listing ID: 40391232

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 1135-1137 Light St, Baltimore, MD 21230

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