8 X 10 Music Venue
Asking Price: | $450,000 |
Gross Revenue: | $908,589 |
• General Ambiance: The 8x10 is more than a venue; its a community. Located at the heart of
Federal Hill, Baltimore, it’s a place for bands and fans to unite over live music and art. The 8x10
champions a safe and supportive environment, encouraging patrons to let go of life’s stresses
and immerse themselves in an authentic musical experience.
o First Floor: The primary bar seats 12 and serves 12 beers on tap. The entire venue has hardwood floors with the main dance floor being spring-loaded, a large stage, state-of-the-art DJ booth sound system, and a fog and lighting system. The supreme sound system is Meyer Sound, known for its clear, powerful quality. A manager’s office is conveniently located on this floor. The box office is conveniently located on this floor.
o Second Floor: A secondary bar with 10 seats and 12 beers on tap, plus a balcony providing a unique, close-up view of the stage and performers.
o Third Floor: Features a green room for artists, with a lounge and restroom, offering comfort and privacy for performers. A manager’s office is located on this floor.
o Basement: Equipped with a large walk-in refrigerator for keg storage and a glycol cooling system for optimal beer temperature. Two restrooms are also located in the basement.
2. High-Tech Equipment and Security Systems
• Sound & Video Systems: The 8x10 boasts a professional-grade sound setup, including 4 MSL-4 speakers on the first and second floors, 4 USW-1P subwoofers, 6 discrete UM1-C monitor mixes, and dual x32 digital soundboards. The system is optimized for repeat performances, as it saves sound settings for returning bands, enhancing efficiency and flexibility. Additionally, the sound system is compatible equipped with CPU based 32-track PRO-Tools for high-quality multitrack recording.
• Video Production: Eleven HD cameras (4 pan/tilt/zoom and 7 fixed focus) feed into a CPU-based video production system, allowing multi-camera recordings for creating promotional videos and DVDs. The V-Mix software ensures seamless integration for streaming platforms. This video package offers offering bands an additional revenue stream through streaming video sales and rentals.
• Recent Repairs: Over the last 19 years, The 8x10 has invested in essential repairs and upgrades,including a new rooftop air conditioner, walk-in refrigerator evaporator, ice machine, and hot water heater. With these critical systems updated, the venue is prepared for continued operations with minimized maintenance needs.
Property Overview
• Alarms & Cameras: A new, internet-capable alarm system features video cameras at each high-risk location. This recent upgrade brings significant savings in professional monitoring fees, supports multi-user tracking, and integrates with Alexa. Maintenance is simplified, and the system is fully scalable.
4. Location Benefits: Prime Federal Hill Spot
• Community ; Cultural Scene: Federal Hill is thriving, with recent renovation and restoration projects enhancing the neighborhood’s appeal. Within a ten-block radius, five multi-story apartment complexes have been completed, with another five nearby. The area is home to both residents and tourists, making it a lively spot for entertainment and nightlife.
• Proximity to Major Attractions: The 8x10 is conveniently located near several major Baltimore attractions, including Camden Yards, M&T Bank Stadium, the National Aquarium, and the Inner Harbor— Baltimore’s largest tourist destination. This strategic location places The 8x10 in a high-traffic area ideal for drawing diverse crowds.
The 8x10 holds a valuable BD-7 Class Liquor License, valid for seven days a week, allowing both on and off-premise sales. This license includes a state-issued music permit.