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2106-2108 Eastern Ave
Baltimore, MD 21231
Fells Point Mixed Use Investment Opportunity · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located in waterfront area at the meeting of several great neighborhoods, Fells Point, Canton, Butchers Hill, and Patterson Park.
- 16,082 Vehicles Per Day on Eastern Ave
- Mixed Use opportunity restaurant and bar with 2 apt on upper levels.
- Apts renovated 2012
EXECUTIVE SUMMARY
Johnny Rad's is a long-standing award-winning local restaurant and bar with over a 10-year track record.
The 2nd level consists of 2 apts - A 3 bed 2 bath apt and a 1 bed 1 bath.
With both the proven track record of Johnny Rad's and the stable apts above along withe the Fells Point location this asset is an ideal long-term investment opportunity.
The 2nd level consists of 2 apts - A 3 bed 2 bath apt and a 1 bed 1 bath.
With both the proven track record of Johnny Rad's and the stable apts above along withe the Fells Point location this asset is an ideal long-term investment opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,771 SF
Building Class
C
Year Built
1900
Price
$1,377,309 CAD
Price Per SF
$238.66 CAD
Cap Rate
8.60%
NOI
$118,449 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
2.21
Lot Size
0.06 AC
Zoning
C-1
Parking
2 Spaces (0.35 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Waterfront
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