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1718 Eastern Ave 4,000 SF 100% Leased Retail Building Baltimore, MD 21231 $525,000 ($131.25/SF) 7.81% Cap Rate
Investment Highlights
- Retail store plus 3 apartments
Executive Summary
Apartments:
2- Two-bedroom apartments
1- One-bedroom apartment
Apartments are fully leased
Retail Space 1290 SF:
Totally Renovated in 2020 with
-Central HVAC
-Hardwood Floor
-Two Entrances
-Currently leased
2- Two-bedroom apartments
1- One-bedroom apartment
Apartments are fully leased
Retail Space 1290 SF:
Totally Renovated in 2020 with
-Central HVAC
-Hardwood Floor
-Two Entrances
-Currently leased
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1920/2020
Price
$525,000
Price Per SF
$131.25
Cap Rate
7.81%
NOI
$41,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
2.18
Lot Size
0.04 AC
Zoning
C-1 - Multi-use, Retail or Office
Parking
5 Spaces (1.25 Spaces per 1,000 SF Leased)
Amenities
- Tenant Controlled HVAC
- Air Conditioning
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 1771-026 | Improvements Assessment | $229,600 |
| Land Assessment | $60,000 | Total Assessment | $289,600 |
Property Taxes
Parcel Number
1771-026
Land Assessment
$60,000
Improvements Assessment
$229,600
Total Assessment
$289,600
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
Presented by
Midtown LLC
1718 Eastern Ave
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