Prime Mixed-Use Investment Opportunity in the Heart of Fells Point - Possible Seller Financing available. Exceptional investment opportunity at 1817 Eastern Avenue, ideally positioned in one of Baltimore's most desirable commercial corridors between Fells Point and Canton. This high-visibility mixed-use property benefits from constant vehicle and pedestrian traffic, making it an outstanding addition to any investment portfolio. The street-level commercial space is home to the well-established Michelle's Cafe, a longtime neighborhood favorite with a lease secured through 2029, providing immediate, stable rental income from day one.Above the commercial space is a vacant one-bedroom apartment ready for renovation, presenting an excellent value-add opportunity. Restore the residential unit to generate additional rental income, create a live/work space, or further enhance the property's long-term appreciation potential.
| MLS # | MDBA2222536 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 68 |
| Listing Provided By | Monument Sotheby's International Realty | Chevelle M Welsh |
| Units | 1 |
|---|---|
| Zoning | COMMERCIAL |
| Acreage | 0.03 |
| Cooling | Other |
|---|---|
| Heating Yes / No | Yes |
| Heating | Other |
| Construction Materials | Other |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2500 |
|---|
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21231 |
| Area | BALTIMORE CITY MD |
| Community Name | FELLS POINT HISTORIC DISTRICT |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in FELLS POINT HISTORIC DISTRICT) | |
Price: $300,000 low | high Med: $215,000 On site: 68 low | high Med: 59 | |
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21231 |
| Area | BALTIMORE CITY MD |
| Community Name | FELLS POINT HISTORIC DISTRICT |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in FELLS POINT HISTORIC DISTRICT) | |
Price: $300,000 low | high Med: $215,000 On site: 68 low | high Med: 59 | |