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1229 Hull St
Baltimore, MD 21230
Retail Property For Sale


Investment Highlights
- Turn-key former restaurant with furnishings, bar infrastructure, and an available seven-day liquor license.
- Close to major transportation corridors, waterfront recreation, and downtown employment centers.
- Rare opportunity to acquire a fully improved hospitality property in a supply-constrained submarket.
- Located in the heart of Locust Point, a highly walkable and well-established Baltimore neighborhood.
- Strong built-in customer base supported by surrounding residential density.
Executive Summary
1229 Hull Street presents a rare opportunity to acquire a fully furnished, three-story restaurant property in the highly coveted waterfront community of Locust Point in Baltimore. Situated on a well-positioned 0.05-acre parcel, this offering combines historic neighborhood character with strong residential density and continuous foot traffic from both locals and visitors drawn to the peninsula’s vibrant lifestyle. The building’s prior use as a restaurant and bar provides a valuable foundation for a future operator or owner-user seeking to capitalize on existing infrastructure, furnishings, and an available seven-day liquor license that can significantly accelerate reopening timelines.
Locust Point is one of Baltimore’s most desirable urban neighborhoods, known for its walkable streets, proximity to Fort McHenry, and adjacency to major employers such as Under Armour’s global campus. Residents enjoy convenient access to I-95, Key Highway, and downtown Baltimore, creating a stable customer base supported by strong commuter connectivity. The property sits within steps of local retail, waterfront parks, and established residential blocks that sustain consistent day-to-night activity.
For investors, the asset offers compelling potential to reposition or enhance a hospitality-driven concept in an area with limited supply of available commercial buildings. For owner-users, the turn-key nature of the existing improvements reduces upfront capital expenditure and accelerates the path to occupancy. Whether reimagined as an elevated dining venue, boutique tavern, or neighborhood gathering space, 1229 Hull Street benefits from its combination of built-in infrastructure, neighborhood charm, and one of Baltimore’s most dependable consumer trade areas.
This is a well-located, character-rich building with tangible operational advantages in a market where second-generation restaurant spaces are increasingly scarce. The offering represents a strategic acquisition for operators and investors seeking presence in a premier Baltimore community
Locust Point is one of Baltimore’s most desirable urban neighborhoods, known for its walkable streets, proximity to Fort McHenry, and adjacency to major employers such as Under Armour’s global campus. Residents enjoy convenient access to I-95, Key Highway, and downtown Baltimore, creating a stable customer base supported by strong commuter connectivity. The property sits within steps of local retail, waterfront parks, and established residential blocks that sustain consistent day-to-night activity.
For investors, the asset offers compelling potential to reposition or enhance a hospitality-driven concept in an area with limited supply of available commercial buildings. For owner-users, the turn-key nature of the existing improvements reduces upfront capital expenditure and accelerates the path to occupancy. Whether reimagined as an elevated dining venue, boutique tavern, or neighborhood gathering space, 1229 Hull Street benefits from its combination of built-in infrastructure, neighborhood charm, and one of Baltimore’s most dependable consumer trade areas.
This is a well-located, character-rich building with tangible operational advantages in a market where second-generation restaurant spaces are increasingly scarce. The offering represents a strategic acquisition for operators and investors seeking presence in a premier Baltimore community
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,760 SF
Building Class
C
Year Built
1875
Price
$800,000
Price Per SF
$212.77
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.73
Lot Size
0.05 AC
Zoning
R-8 - Rowhouse Residential District
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 1991-007 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $600,300 |
Property Taxes
Parcel Number
1991-007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$600,300
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