1400 Key Hwy
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1400 Key Hwy
4,025 SF 100% Leased Retail Building Baltimore, MD 21230 $799,000 ($199/SF)
Investment Highlights
- Fully Leased turn key property
- Seperately metered for gas and electric
- Great location across from the Inner Harbor
Executive Summary
Don't miss this fantastic opportunity in a prime location! This unique property includes 2 individual rowhomes plus a fully renovated restaurant space and is a perfect set up for owner occupant or an investor. Both rowhomes are beautifully renovated with 2 bedrooms, 1.5 baths and feature wood floors, cherry cabinets w/granite countertops, exposed brick,and a second level deck with amazing views of the Inner Harbor. The property is deeded as 1400 Key Highway but the residential units use Webster Street addresses for the post office. 1307 Webster lease ends September 30th but current tenants have expressed interest in staying and 1309 Webster is leased thru May 30th, 2025. The restaurant space comes with a 5 year lease and has a fully equipped kitchen, bar area, 2 bathrooms, office/storage space and potential for outdoor seating. Conveniently located near public transportation and parking lots with easy access to 95.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,025 SF
Building Class
B
Year Built
1910
Price
$799,000
Price Per SF
$199
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.50
Lot Size
0.04 AC
Zoning
R-8 - Allows for single-family semi-detached housing, single-family attached townhouses, and multi-family housing
Frontage
20 FT on Webster Street
Amenities
- Corner Lot
- Signage
Walk Score ®
Walker's Paradise (94)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 24-09-2010-015 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $723,733 |
PROPERTY TAXES
Parcel Number
24-09-2010-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$723,733
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1400 Key Hwy
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