For Sale

1002 LIGHT ST, BALTIMORE, MD 21230

1002 LIGHT ST, BALTIMORE, MD 21230
  • $450,000.00
  • $138.38

Overview

Property ID: HZ3883896
  • Commercial Sale
  • Property Type
  • 3252.00
  • Sqft
  • 1920
  • Year Built

Description

List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, April 20th & ends Thursday, April 25th, 2024 at 12:00 pm. Improved by a 3,252+/- SF Commercial Building currently leased to Rosa’s Bar and Grill restaurant. Tenant has been occupying the property since June of 2019. They recently renewed their lease with NNN terms with a 5 year term. The rent increases by at least 4% annually throughout the term of the lease. Base rent will be $98,268.12 annually in 2029. Full rental amounts can be found on the lease in the document section. **Current Gross Monthly Scheduled Rent of $7,000** **Current Annual Gross Scheduled Rent of 84,000** Location Description: Federal Hill is one of the most desirable and “walkable” neighborhoods in Baltimore City. The property is located close to a Charm City Circulator stop, Federal Hill Park, the Inner Harbor and M&T Stadium. Also walking distance to countless restaurants and night life destinations. Local employers include Johns Hopkins, Bank of America, Legg Mason, Northrop Gruman Exelon and countless others.

  • Address 1002 LIGHT ST
  • City BALTIMORE
  • State/county MD
  • Zip/Postal Code 21230
  • Country United States

Details

Updated on April 8, 2024 at 6:30 am
  • Property ID: HZ3883896
  • Price: $450,000.00
  • Property Size: 3252.00 Sqft
  • Land Area: 0.05 Acres
  • Year Built: 1920
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: MDBA2120116
  • Office Name: ALEX COOPER AUCTIONEERS, INC.
  • Agent Name: Matthew S Cooper
  • MLS Status: Active

Additional details

  • Sewer: Public Sewer
  • Cooling: Central A/C
  • Heating: Forced Air
  • Tax Annual: 9409.00
  • Tax Year: 2023
  • County: BALTIMORE CITY
  • Property SubType: Other
  • New Construction: N
  • Water Source: Public
  • Accessibility: None

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Schedule a Tour

Your information

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare
Zach Burnham
  • Zach Burnham