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1822 Fleet St 2,414 SF 100% Leased Retail Building Baltimore, MD 21231 $519,900 ($215.37/SF)
INVESTMENT HIGHLIGHTS
- Great location in Historic Fells Point
- Increase rental income from bdrs above
- Ability to manage your own bar with 6 day BWL license
EXECUTIVE SUMMARY
This versatile commercial property, currently home to the Greyhound Tavern, includes a 6-day BWL license and a spacious 3-bedroom, 2.5-bath rental unit occupying the second and third floors. The upper-level apartment features a full kitchen, laundry room, and private entrance off a shared courtyard.
The second floor offers two bedrooms, a large eat-in kitchen, a shared full bath, and a laundry room—plus a half bath attached to one of the bedrooms. The third-floor suite boasts hardwood floors, an oversized private full bath, and a walk-in closet.
The street-level tavern includes a 15-seat bar, two restrooms, and a large area already plumbed for a kitchen build-out. The tavern is currently leased separately, with the lease up for renewal.
Combined rental income is $3,685/month, with the tavern paying $1,875 and the residential unit $1,810—both currently below market value.
The second floor offers two bedrooms, a large eat-in kitchen, a shared full bath, and a laundry room—plus a half bath attached to one of the bedrooms. The third-floor suite boasts hardwood floors, an oversized private full bath, and a walk-in closet.
The street-level tavern includes a 15-seat bar, two restrooms, and a large area already plumbed for a kitchen build-out. The tavern is currently leased separately, with the lease up for renewal.
Combined rental income is $3,685/month, with the tavern paying $1,875 and the residential unit $1,810—both currently below market value.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,414 SF
Building Class
C
Year Built
1920
Price
$519,900
Price Per SF
$215.37
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.91
Lot Size
0.03 AC
Zoning
R-8, Commercial - Mixed Use Retail/Residential. Liquor license for first floor Bar, Rental license for 3bdr unit on 2nd and 3rd floor
Frontage
45’ on Fleet St
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
PROPERTY TAXES
| Parcel Number | 1781-004 | Improvements Assessment | $154,300 (2025) |
| Land Assessment | $63,000 (2025) | Total Assessment | $217,300 (2025) |
PROPERTY TAXES
Parcel Number
1781-004
Land Assessment
$63,000 (2025)
Improvements Assessment
$154,300 (2025)
Total Assessment
$217,300 (2025)
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1822 Fleet St
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