Endless development and investment opportunities exist with this primely located Federal Hill end cap and its adjoining residential rowhome. A combined 11,900 plus square feet of space and over 5,000 square feet of land mass are ideal for the starter investor to the dreaming developer. Currently the buildings are owner occupied and have a CAP rate of 7. C -1 Zoning has a myriad of permitted and conditional uses. Lift the roofline and build to 68 feet high; yielding an additional 2-3 stories of income producing space. Loan programs with as little as 10 percent down are available. Please contact the listing agent with all inquiries and tour requests. Buyer to verify all zoning and uses with the city of Baltimore. CAP rate based on full occupancy of existing buildings.
1440 Light Street | MLS# MDBA2172958
This commercial property located at 1440 Light Street, Baltimore, MD 21230 is currently listed for sale with an asking price of $1,500,000. Light Street is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.loreefosterteam.com today.
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1440 Light Street | MLS# MDBA2172958
This commercial property located at 1440 Light Street, Baltimore, MD 21230 is currently listed for sale with an asking price of $1,500,000. Light Street is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.loreefosterteam.com today.