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623 S Luzerne AveBaltimore, MD 21224Price: $799,999

  • Price: $799,999
  • 45 Days on Market
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Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
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  • $799,999List Price

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Canton neighborhood end corner bar and restaurant. The property has a bar and and kitchen with 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 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. 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.

Property Details of 623 S Luzerne Ave

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Listed by Ross M Conn of Avenue Real Estate

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