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1538 Light St 5,273 SF Retail Building Baltimore, MD 21230 $475,000 ($90.08/SF)
Executive Summary
GUIDED TOUR FRIDAY, MARCH 27th STARTING AT 11AM
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, March 26, 2026 & ends Tuesday, March 31, 2026 at 12:00 PM.
Listed in Cooperation with John Chrissomallis of Cumming & Co. Realtors
Situated on highly trafficked Light Street, 1538–1540 Light St is positioned along one of the main commercial corridors running through the historic Federal Hill / South Baltimore district, just minutes from the Inner Harbor and downtown Baltimore.
This mixed-use property features a street-level commercial space ideal for a restaurant, retail storefront, or café, with two (2) residential apartments above, offering a strong live-work investment opportunity in one of the city’s most active entertainment and dining destinations.
Property Highlights
• Updated units feautring wood type flooring, recessed lighting, granite counters, & laundry in residential units.
• Income-producing mixed-use asset (1 commercial space, 2 residential apartments)
• Strong rental demand due to dense residential and nightlife area
• Ideal for restaurant operators (complete with a commercial grade kitchen), retail users, or value-add investors
• High foot traffic corridor in the greater Federal Hill/South Baltimore area.
• History of strong rental income
• 2 Parking Spaces in Rear
• Per SDAT, property contains 3,676± Above Grade SF
Location Advantages
•Excellent visibility along Light Street, a major north-south route through South Baltimore
Within walking distance to:
• Cross Street Market
• Riverside Park
• Southside Marketplace
• Baltimore Museum of Industry
• Nightlife, restaurants, and waterfront attractions
Property Configuration with rental Information:
Main Level (1538-1540 Light St.)
•Commercial Grade Kitchen with a walk-in freezer
•Dining/Retail Space
•Office Space
•Storage Space
•Customer Restroom
•Full Bathroom
•Vacant
1538 Light St. (2nd & 3rd Floors)
• Living Room
• Dining Area
• Kitchen
• 2 Bedrooms, 2 Full bathrooms
• Rented @ $1,950/mo
1540 Light St. (2nd & 3rd Floors)
• Living Room
• Dining Area
• Kitchen
• 2 Bedrooms, 2 Full bathrooms
• Rented @ $1,950/mo
The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.
Diligence Package: Copy of the lead certificates, lease agreements, rental registration, purchase and sale agreement with assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Thursday, March 26, 2026 & ends Tuesday, March 31, 2026 at 12:00 PM.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, March 26, 2026 & ends Tuesday, March 31, 2026 at 12:00 PM.
Listed in Cooperation with John Chrissomallis of Cumming & Co. Realtors
Situated on highly trafficked Light Street, 1538–1540 Light St is positioned along one of the main commercial corridors running through the historic Federal Hill / South Baltimore district, just minutes from the Inner Harbor and downtown Baltimore.
This mixed-use property features a street-level commercial space ideal for a restaurant, retail storefront, or café, with two (2) residential apartments above, offering a strong live-work investment opportunity in one of the city’s most active entertainment and dining destinations.
Property Highlights
• Updated units feautring wood type flooring, recessed lighting, granite counters, & laundry in residential units.
• Income-producing mixed-use asset (1 commercial space, 2 residential apartments)
• Strong rental demand due to dense residential and nightlife area
• Ideal for restaurant operators (complete with a commercial grade kitchen), retail users, or value-add investors
• High foot traffic corridor in the greater Federal Hill/South Baltimore area.
• History of strong rental income
• 2 Parking Spaces in Rear
• Per SDAT, property contains 3,676± Above Grade SF
Location Advantages
•Excellent visibility along Light Street, a major north-south route through South Baltimore
Within walking distance to:
• Cross Street Market
• Riverside Park
• Southside Marketplace
• Baltimore Museum of Industry
• Nightlife, restaurants, and waterfront attractions
Property Configuration with rental Information:
Main Level (1538-1540 Light St.)
•Commercial Grade Kitchen with a walk-in freezer
•Dining/Retail Space
•Office Space
•Storage Space
•Customer Restroom
•Full Bathroom
•Vacant
1538 Light St. (2nd & 3rd Floors)
• Living Room
• Dining Area
• Kitchen
• 2 Bedrooms, 2 Full bathrooms
• Rented @ $1,950/mo
1540 Light St. (2nd & 3rd Floors)
• Living Room
• Dining Area
• Kitchen
• 2 Bedrooms, 2 Full bathrooms
• Rented @ $1,950/mo
The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.
Diligence Package: Copy of the lead certificates, lease agreements, rental registration, purchase and sale agreement with assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Thursday, March 26, 2026 & ends Tuesday, March 31, 2026 at 12:00 PM.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,273 SF
Building Class
C
Year Built
1900
Price
$475,000
Price Per SF
$90.08
Tenancy
Single
Building Height
3 Stories
Slab To Slab
10’
Building FAR
2.18
Lot Size
0.06 AC
Frontage
22’ on Light St
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 1006-011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $483,967 |
Property Taxes
Parcel Number
1006-011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$483,967
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1538 Light St
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