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1863 N Gay St

1,259 SF Retail Building Baltimore, MD 21213 $88,000 ($70/SF)

Executive Summary

Exceptional mixed-use retail in the heart of East Baltimore!! This property is located at 1863 N Gay St. It is a mixed-use retail property with a storefront on the bottom and an apartment upstairs with 3 bedrooms and 1 bath. This apartment could also be easily converted into an office to support any potential existing business using the storefront, or the owner could use it as a dwelling to live in it while running his business downstairs to decrease living expenses substantially. Previously operated as a carryout spot for hot food, existing restaurant infrastructure has already been built inside. While the property definitely needs updates and renovations, it still indeed presents an excellent opportunity for a restaurant entrepreneur or aspiring entrepreneur to start their own fast food business or add another location to sell their carryout goods to the East Baltimore community residents Owner financing and an NNN lease with a tenant improvement allowance may be considered.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,259 SF
Building Class
C
Year Built
1915
Price
$88,000
Price Per SF
$70
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.42
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Frontage
12 FT on N Gay St

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Food Depot
Truist
Bank of America
Starbucks
Fulton Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-20-1454-043A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$31,667
  • Listing ID: 33489481

  • Date on Market: 7/31/2024

  • Last Updated:

  • Address: 1863 N Gay St, Baltimore, MD 21213

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