For Sale $599,000
Property Type Retail - Restaurant
Property Size 4,100 SF
Year Built 1900
Date Updated Jan 19, 2024

The trendy harborside neighborhood of Canton centers on quaint O’Donnell Square Park and its ring of lively sports bars, gastropubs, pastry shops and seafood restaurants. Crab shacks, oyster bars and New American eateries line the busy waterside promenade, which runs toward Canton Waterfront Park and the solemn Korean War Memorial.Building consists of 623 & 625 S Luzerne Ave, totaling 4,100SF +/- with attached garage. Bar/Restaurant consists of 2,100SF +/- with kitchen. Class LBD7 License - Beer Wine Liquor - Tavern and Package Goods 7-day 6am-2am. This is the "Cadillac of Liquor Licenses". There is no food component or seating minimums required for this license. Second & third floor used as an office, has potential to be converted to residential units. Basement is unfinished and is used for storage.Fully built-out restaurant with a full bar and ample seating. Liquor license attached.

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Attachments

Highlights

Single Tenant
Triple Net Lease
Asking Price: $600,000
Canton neighborhood end corner bar and restaurant. The property has a bar and kitchen with a hood system on the first floor and 2 levels above for office or residential. The property comes with a 7-day liquor license.
The property is currently under lease with a bar & restaurant tenant. The tenant occupies all 3 floors of the property. Investment terms include a triple net lease with no landlord expense. The annual average NOI (net operating income )is $75k.

Contacts

Ross Conn

Avenue Real Estate

(410) 342-5263

Location

Getting Around

Walk Score ®
94/100 Walker's Paradise
Transit Score ®
67/100 Good Transit
Bike Score ®
85/100 Very Bikeable

Map
Street

City Baltimore, MD
Neighborhood Canton
Zip Code 21224
Market Baltimore

Points of Interest

Johns Hopkins Hospital

1.22 miles
Shot Tower

1.43 miles
Shot Tower/Market Place

1.46 miles
Charles Center

1.84 miles
Convention Center

2.12 miles
Camden Street

2.12 miles
Camden Station

2.14 miles
Baltimore Arena

2.15 miles
Hamburg Street

2.18 miles
Lexington Market

2.20 miles

Shell

0.05 miles
Eagle

0.85 miles
Royal Farms

0.88 miles
Citgo

0.90 miles
Sunoco

0.94 miles
BP

1.03 miles
Mystik

1.06 miles
Tesla Supercharger

1.08 miles
Crown

1.18 miles
BP

1.21 miles

Union Wharf Garage

0.53 miles
Caroline Street Garage

0.89 miles
Washington Hill Lot

0.91 miles
Kennedy Krieger Garage

0.96 miles
Fleet & Eden Garage

0.96 miles
Church Garage

1.00 miles
Orleans Street Garage

1.01 miles
Jefferson Street Lot

1.03 miles
Little Italy Garage

1.08 miles
Washington Garage

1.14 miles

Verde Pizza Napoletana

0.15 miles
Corner Juice Bar

0.17 miles
Chris' Seafood

0.18 miles
Alma Cocina Latina

0.20 miles
Outback Steakhouse

0.21 miles
Katana Sushi

0.21 miles
HomeSlyce

0.21 miles
Chipotle

0.21 miles
RegionAle

0.21 miles
Tropical Smoothie Cafe

0.21 miles

Safeway

0.26 miles
24-Seven Grocery Inc.

0.62 miles
Penny Saver Grocery

0.62 miles
Aldi

0.87 miles
200 North Highland

0.92 miles
Sprouts Farmers Market

0.95 miles
Hazlo International Foods

0.95 miles
Target

0.97 miles
Save-A-Lot

0.98 miles
Whole Foods Market

1.02 miles

Frequently Asked Questions

What is the lease rate for Bar & Restaurant with Liquor License?

Rental asking rate at Bar & Restaurant with Liquor License is $299,500.00/YR.

What is the total square footage of Bar & Restaurant with Liquor License?

Bar & Restaurant with Liquor License totals 4,100 square feet.

When was this property built?

Bar & Restaurant with Liquor License was built in 1900.

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