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33632417
33632416

1325 Eastern Avenue, Baltimore, MD 21231 For Sale

Brexton Commercial
Listed by Brexton Commercial
$1,750,000
127 days on market
Updated 21 days ago
Opportunity zone

1325 Eastern Ave

Details
Property Type Retail
Sub Type Storefront, Creative Loft
Square Footage 7,932
Net Rentable (SqFt) 7,932
Units 2
Cap Rate 9.82%
NOI $171,824
Tenancy Single
Brand/Tenant Zips Cleaners
Lease Type NNN
Pro-Forma Cap Rate 9.82%
Pro-Forma NOI $171,824
Price per SqFt $221
Class A
Year Built 1920
Year Renovated 2017
Buildings 1
Stories 2
Lot Size (SqFt) 3,950
Zoning C-2
Parking Spaces 851 spaces
Parking per 1,000 SqFt 107.29
Investment Type Owner/User
Occupancy Date 08/31/2026
Ownership owner-user

Retail & Creative Loft | 7,932 SF

Marketing description

Prime Retail Investment Opportunity in Baltimore, MD! This 7,932 SF building, constructed in 1920 and tastefully renovated in 2017, presents an ideal retail investment in the thriving Harbor East neighborhood of Baltimore City. Zoned C-2, the property offers versatile usage options and excellent visibility for retail businesses. With its rich historical character and modern updates, this space is primed to attract discerning retail tenants. Don't miss the chance to invest in this impressive property with a prime location and significant potential for a strong return on investment.

Discover the vibrant neighborhood of Harbor East, Baltimore. This dynamic waterfront community offers an enticing blend of upscale shops, fine dining restaurants, and luxury living. Just moments from the property, investors will find iconic attractions such as the Four Seasons Hotel, the Legg Mason Tower, and the charming promenade along the Inner Harbor. With its modern architecture, scenic waterfront views, and vibrant atmosphere, Harbor East presents an exceptional opportunity for retail and street retail investors seeking to be part of a thriving & sophisticated urban district. Located on the corner of Eastern Avenue and Eden Street, the subject property is situated on one of the busiest intersections in this vibrant community.

Investment highlights

  • Prime Retail Investment Opportunity in Baltimore's Harbor East neighborhood
  • 7,932 SF building constructed in 1920 and tastefully renovated in 2017
  • Zoned C-2 with versatile usage options
  • Corner location at Eastern Avenue and Eden Street - one of the busiest intersections in Harbor East
  • Projected Cap Rate of 9.82%
  • Projected NOI of $171,824
  • Stabilized Value of $2,451,057 at 7.00% Cap Rate
  • Digital signage affixed to building (installed 2017, estimated cost $50,000) - not subject to monthly or annual fees
  • The Property is situated on the same block as the Fleet Street & Eden Street Parking Garage, featuring 851 unreserved parking spaces
  • Clean Phase I & Phase II can be provided upon request
  • Investment Type: Owner-user, Net Investment

Listing Contacts

Brexton Commercial
Listed by Brexton Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$171,824.00
$14,318.67/mo

Valuation Metrics

0
DSCR
9.82%
Cap Rate
9.82%
ROI

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