Address
4528 Harford Road NE, Baltimore, MD
Price
$ 695,000
Property Attributes
- MLS#MDBA2108792
- TypeCommercial
- CountyBALTIMORE CITY
- CityBaltimore
- NeighborhoodLauraville Historic District
- Zip21214
- StyleRestaurant/Bar
- Year Built1920
- Taxes$ 4892
- Price$ 695,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4400
- Lot Size0.17 Acres
Data Source:
Bright MLS
Property Description
In the heart of Hamilton-Lauraville, a remarkable property awaitsan exceptional restaurant business opportunity directly across from The Flats At Markley, a coming soon vibrant 146-unit Morgan State Apartment Development. This fully renovated building, revamped in 2009, accommodates up to 190 guests and underwent a complete remodel 15 years ago, including framing, insulation, wall work, electrical, plumbing, HVAC, and new flooring (commercial vinyl floor in restaurant and ceramic in kitchen and baths). Boasting two bars, four bathrooms, a resurfaced roof, and a double-deck outdoor patio, this property sets the stage for success. Previously home to the thriving Lauraville Barbecue House for 11 years, generating $40,000 monthly on a 4pm to 2am schedule, the restaurant hosted weddings, birthdays, and private events. Featuring a unique BBQ-style menu with ribs, brisket, pulled pork, and more, it stood unrivaled in the area. The fully equipped kitchen, appliances, and furnishings are available for purchase. The restaurant spans two floors: the main floor, with a capacity of 100, boasts high ceilings, exposed rafters, a full bar, multiple seating areas, enclosed outdoor patio, and ample basement storage. Upstairs, with a capacity of 90, offers a second bar, spacious seating, indoor-outdoor patio, and additional kitchen spaces. Outside, find nine parking spaces, storage sheds, and a private entertaining area. This turn-key gem seeks a new owner-operator. Financing options, including SBA loans, are available, supported by an experienced SBA loan consultant ready to guide you through the process. Hamilton-Lauraville's thriving community, coupled with its growth, accessibility, and unique identity, offers an exceptional setting for a restaurant business poised to thrive amidst a supportive and collaborative local environment. Dont miss out! Contact us today to learn more and schedule a tour!
| Price History | |
|---|---|
| 12/29/2023 | Listed $695,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Hot Water |
| Cooling | Central A/C |
| Possession | Settlement |
| Roof | Rubber |
| Zoning | C-1 |
| Construction Materials | Brick |
| Year Built | 1920 |
| Property SubType | Other |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Restaurant/Bar |
| Accessibility | 36 + wide Halls |
| County | BALTIMORE CITY |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | LAURAVILLE HISTORIC DISTRICT |
| Water Access Y/N | No |
| Property Use | Owner User |
| Transportation | Bus Stop less than 1 mile |
| Status | ACTIVE |
| Directions | GPS. Cross Streets: Marley Avenue & Grindon Avenue |
| ModificationTimestamp | 2024-05-15T17:09:56 |
| City | BALTIMORE |
| Buyer Agent Compensation | 2.5 |
| Total Units | 1 |
| Lot Size Square Feet | 7230.00 |
| Tax Assessed Value | 207300.0 |
| Waterfront Y/N | No |
| Street Name | HARFORD |
| Tax Annual Amount | 4892.0 |
| Property Condition | Excellent |
| Price Per Sq Ft | 147.9 |
| Acceptable Financing | Conventional |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 139 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Ward 27 |
| Tax Lot | 004A |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Vinyl,Ceramic Tile |
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | ROAD |
| Central Air Y/N | Yes |
| Total Restrooms | 4 |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 9 |
| Type of Parking | On Street,Parking Lot,Driveway |
| Land Use Code | C |
| Foundation Details | Block |
| Water View Y/N | No |
| Building Area Total | 4699.00 |
| Lot Size Acres | 0.17 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 43300.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 9 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21214
Price
Taxes
Visits
Year Built
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