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1242 W LOMBARD STREET, BALTIMORE, MD 21223
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$549,900
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Home Details for 1242 W LOMBARD STREET
Price
$549,900
Type
Commercial/Industrial
Year Build
1920
Lot Size
0.03
County
BALTIMORE CITY
Tax
$3,343
MLS®️ Listing#
MDBA2153402
On exitrealty.com
248 days
Property Description
This building is a great buy with excellent return for your investment. Building was renovated in 2010. This property would be excellent for an owner occupant. You can get an SBA loan with 10% down as owner occupant. First floor restaurant and carry out, seating for 32 people, full commercial kitchen, two half bathrooms, and basement for storage. Everything in the restaurant conveys AS-IS. Restaurant could be rented for $3000 per month. Second floor with 2BD/1BA unit rented for $1250 per month. Second floor also has office/efficiency with full bathroom rented for $600 per month. Third floor with 2BD/2BA unit rented for $1160 per month. All units individually metered for electric. Tenants pay for their own utilities except water. Both apartments have hard wood floors, range/oven, built in microwave, dishwasher, refrigerator with ice maker. Corner building with great exposure, and plenty of parking. Bus stop in front of building. Owners are Agents in state of Maryland. Building sold As-Is.
- Heating Information
- Electric
- Natural Gas
- Forced Air
- Heat Pump
- Cooling Information
- Heat Pump
- Electric
- Water Features
- Public
- Parking
- On Street
Listing Courtesy: Carr Realtors - 301-330-5900
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 07:37:20
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EXIT REALTY PERSPECTIVES
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