1440 LIGHT ST Active Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21230
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2172958
Year Built 1952
Annual Tax Amount $6,595
Tax Year 2024
Lot Size 5,205 Sqft
Acres 0.12
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Endless development and investment opportunities exist with this primely located Federal Hill end cap and its adjoining residential rowhome. A combined 11,900 plus square feet of space and over 5,000 square feet of land mass are ideal for the starter investor to the dreaming developer. Currently the buildings are owner occupied and have a CAP rate of 7. C -1 Zoning has a myriad of permitted and conditional uses. Lift the roofline and build to 68 feet high; yielding an additional 2-3 stories of income producing space. Loan programs with as little as 10 percent down are available. Please contact the listing agent with all inquiries and tour requests. Buyer to verify all zoning and uses with the city of Baltimore. CAP rate based on full occupancy of existing buildings.
Location
State MD
County Baltimore City
Zoning C-1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Flooring Wood,Concrete
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Water Access N
View City
Roof Type Flat
Accessibility None
Total Parking Spaces 3
Garage N
Building
Lot Description Corner,Level
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0323120996 008
Ownership Fee Simple
Acceptable Financing Cash,Bank Portfolio,Joint Venture,Private,Conventional
Listing Terms Cash,Bank Portfolio,Joint Venture,Private,Conventional
Financing Cash,Bank Portfolio,Joint Venture,Private,Conventional
Special Listing Condition Standard