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 # | MDBA2230170 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 13 |
| Listing Provided By | Monument Sotheby's International Realty | Chevelle M Welsh |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,210 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | C-1 |
| Acreage | 0.03 |
| Cooling | Other |
|---|---|
| Heating Yes / No | Yes |
| Heating | Other |
| Construction Materials | Other |
|---|---|
| Foundation Details | Block |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 3451 |
|---|
| 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: $210,000 sqft: 2,210 low | high Med: 677 $ / sqft: $136 low | high Med: $317 On site: 13 low | high Med: 55.5 | |
| 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: $210,000 sqft: 2,210 low | high Med: 677 $ / sqft: $136 low | high Med: $317 On site: 13 low | high Med: 55.5 | |