Active

311 Madison St W

Baltimore MD, 21201

$1,199,000


$173.77 per sqft

Active

6,900 sqft

Commercial

Built in 1948

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The current tenants in place for this investment opportunity include a retail restaurant/lounge on the 1st level. The restaurant/lounge has a long-term lease in place, providing a stable source of income. Additionally, there are six rentable units that generate revenue through a hybrid income ratio split between Airbnb, long-term leases, and the restaurant. This diverse mix of tenants ensures multiple streams of income for the property.

MDBA2122612

MLS ID

April 22, 2024

Listed

May 31, 2024

Updated

Map

311 Madison St W
Baltimore MD, 21201

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s)


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.04 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$6,613


Tax Frequency

Annually


Days on Market

1


Garage

No


Parking

On Street


View

No


County

BALTIMORE CITY


Water Source

Public


Pool

No


Zoning

This is mixed use with a bar and several apartments


Buyer Agency Compensation

2%

Listed by Christine M Oberhelman, with RE/MAX Allegiance
Listing Contact: 7032163005 

The IDX display contains information sourced from the Bright MLS, Inc. as of 5/31/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/31/2024 at 3:28 PM UTC

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