1863 N Gay St
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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
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 08-20-1454-043A | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $31,667 |
PROPERTY TAXES
Parcel Number
08-20-1454-043A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$31,667
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1863 N Gay St
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