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623 S Luzerne Avenue

BALTIMORE, MD 21224
  • $799,999
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: MDBA2046606
UPDATED: 50 min ago
$799,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Canton neighborhood end corner bar and restaurant. The property has a bar and and kitchen with hood system on the first floor and 2 levels above for office or residential. The property comes with a 7 day liquor license. The property is currently under lease with bar & restaurant tenant. The tenant occupies all 3 floors of the property. Investment terms include a triple net lease with no landlord expense. The annual average NOI (net operating income )is $75k. The trendy harborside neighborhood of Canton centers on quaint O+GGDonnell Square Park and its ring of lively sports bars, gastropubs, pastry shops and seafood restaurants. Crab shacks, oyster bars and New American eateries line the busy waterside promenade, which runs toward Canton Waterfront Park and the solemn Korean War Memorial.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-07-05T11:56:24.257.
www.enggarcia.com/homes/129083519
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623 S Luzerne Avenue BALTIMORE, MD 21224

  • Price: $799,999
  • Status: Active
  • On Site: 41 Days
  • Updated: 50 min ago
  • ID#: MDBA2046606
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
Canton neighborhood end corner bar and restaurant. The property has a bar and and kitchen with hood system on the first floor and 2 levels above for office or residential. The property comes with a 7 day liquor license. The property is currently under lease with bar & restaurant tenant. The tenant occupies all 3 floors of the property. Investment terms include a triple net lease with no landlord expense. The annual average NOI (net operating income )is $75k. The trendy harborside neighborhood of Canton centers on quaint O+GGDonnell Square Park and its ring of lively sports bars, gastropubs, pastry shops and seafood restaurants. Crab shacks, oyster bars and New American eateries line the busy waterside promenade, which runs toward Canton Waterfront Park and the solemn Korean War Memorial.
Exterior Features

Construction Materials AsphaltBlockBrick Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4104.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 4104.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Other Central Air YN No Cooling Fuel Other Electric Other Heating Fuel Other Hot Water Other Municipality Baltimore City Navigable Water YN N Net Operating Income 74000.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 801594714194 Ownership Interest Other Possession Settlement Property Sub Type Mixed Use Sale Type Other Sewer Other Tax Annual Amount 5563.00 Tax Assessment Amount 235700.00 Tax Lot 011 Vacation Rental YN No Water Source Other Zoning R-8

Listing courtesy of Avenue Real Estate.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-07-05T11:56:24.257.
 
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Eng Garcia Properties, LLC | Keller Williams Capital Properties
1930 18th St NW
Washington DC, 20009