facebook tag
This website uses "cookies" to ensure you get the best experience on our website. Using this website means you're OK with it.
Note

Property Overview

Price/Rent PSF $ 1,295,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available Inquire
Date Available 05/16/2022
Additional URL Link
Floors 3
Building size 5247
Search Demographic Data LandCheck Explore financing options
Click to add the listing to Saved Listings
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Copy iframe
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Make a Note
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Add to Listing Report
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Create Listing PDF
You need to be logged in to do this. Click the link above to log in or register for free so you can do this

Description

Location
1135 - 1137 Light Street is located in one of Baltimore City's most lively neighborhoods, Federal Hill. The buildings are situated on the corner of Light St & West St in the heart of the retail district of Federal Hill, and is only blocks away from nearby attractions, including: the Inner Harbor, Ravens Stadium, Oriole Park at Camden Yards, and the newly renovated + revitalized Cross Street Market.



Federal Hill's residential market is home to a mix of apartment dwellers and quintessential single family row homes. Notable retailers + restaurants include Mother's Bar & Grill, Wayward Bar, Cross Street Market (home to 22 independent vendors), BlueMoon Cafe, Starbucks, BRD, The Choptank Fish House, & Pizza, Spoons Cafe, B'More Licks, CVS Pharmacy, Ace Hardware, The Loft, and many more.



Federal Hill is known for it's game-day hangouts, vibrant nightlife with live music in many of the local establishments, and a highly sought after sub-market for it's everyday live and play necessities.



The property's location allows residents and visitors to park in the nearby West Street Parking Garage, and is conveniently located 6 minutes from I-95 and I-395, and only 10 minutes from I-83. When traveling between the Inner Harbor and I-95, this location provides the subject property with excellent visibility. This is a relatively high income area with a median household income of $85,310, which is 65% higher than the median HH income for Baltimore City.





Sale
Brexton Commercial is pleased to exclusively represent the ownership in the sale of 1135 - 1137 Light Street. This corner lot, double-wide, mixed-use offering is a rare find in this neighborhood. The first floor (now vacant) was formerly occupied by Light Street Optometry, who has owner-occupied the building since 1982. The second and third floors are comprised of three B+ apartments with large layouts, separately metered power, individual mini-split AC + heating units, and an abundance of natural light.


The property is in ready-to-lease condition and should provide immediate cash flow for a new owner, with little effort. The surrounding neighborhood, along with developments of the nearby Port Covington project, continues to grow and develop which should have a positive impact for the future value of this property.



Additionally, there is upside in converting the upstairs apartments to Airbnbs which could significantly increase the investments NOI. The Inner Harbor and Federal Hill are both popular tourist destinations which makes 1137 Light Street's residential portion a prime candidate for Airbnb.

Location (Click here to view the location on the map.)

Similar listings nearby

Click to add the listing to Saved Listings
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Retail
Retail

Sale & Lease

INQUIRE
$3,950,000.00
Click to add the listing to Saved Listings
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Retail
Retail

Sale

INQUIRE
Inquire
Click to add the listing to Saved Listings
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Retail
Retail

Sale

INQUIRE
Inquire
Click to add the listing to Saved Listings
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Retail
Retail

Sale

INQUIRE
$460,000.00
Click to add the listing to Saved Listings
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Retail
Retail

Sale

INQUIRE
Inquire
Click to add the listing to Saved Listings
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Retail
Retail

Sale & Lease

INQUIRE
Inquire
The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.

Please type your email and we'll send you the mail with all pdfs attached. You can also download each pdf from the list below.

You are not registered or logged in.

You must be registered or signed in for this action.