Sale/Lease Baltimore City, Maryland RESTAURANT/BAR for SALE/LEASE 413 N

sale/lease Baltimore City, Maryland RESTAURANT/BAR FOR SALE/LEASE 413 N. CHARLES STREET BALTIMORE, MARYLAND 21201

Henry Deford | Vice President Mike Gioioso | Vice President 410.494.4861 [email protected] 410.494.4866 [email protected] MacKenzie Commercial Real Estate Services, LLC • 410-821-8585 • 2328 W. Joppa Road, Suite 200 | Lutherville-Timonium, Maryland 21093 • www.MACKENZIECOMMERCIAL.com sale/lease Turn-Key Restaurant Building w/ Income Baltimore City, Maryland 413 n. charles street | baltimore, maryland 21201 building size 9,321 SF (on 3 stories) lot size 3,240 sf restaurant space ► 5,000 SF ± vacant turn-key restaurant space occupying 2 levels with large format kitchen and a Class “B” Liquor License residential apartments Three (3) residential apt. units ► Two (2) Occupied ► One (1) Vacant (and ready to occupy) zoning C-5 (Downtown District) traffic count 9,762 AADT (N. Charles Street) ► Rare opportunity to lease or purchase a parking turn-key restaurant building with additional 3 reserved spaces residential income sale price ► Located in the heart of Baltimore City’s Midtown/Mount Vernon neighborhood $899,000 ► Rear of building contains 2 or 3 parking spaces, plus room for dumpster

Street View highlights ► Located in an Opportunity Zone learn more

CURRENT UNIT # SIZE PROFORMA RENT CURRENT RENTAL INCOME/YR. $18,000 MONTHLY RENT

A Studio $750.00 $750.00 PROFORMA RENTAL INCOME/YR. $34,800

B 2 Bed/1.5 Bath $750.00 $750.00 EXPENSE SUMMARY

C 2 Bed/2 Bath $0.00 $1,400.00 REAL ESTATE TAXES $24,936.00

INSURANCE $5,325.00 Retail/Restaurant 5,000 SF Vacant - TOTAL EXPENSES $35,746

ORLEANS ST

ST PAUL ST SITE

CHARLES ST

MULBERRY ST

W FRANKLIN ST 40 40 N

SITE

W FRANKLIN ST 40 ORLEANS ST 40

W MULBERRY ST

N CHARLES ST ST CHARLES CHARLES N N N EUTAW ST EUTAW N

W SARATOGA ST ST EUTAW N

N PACA ST ST PACA PACA N N N HOWARD ST HOWARD N

N FREMONT AVE ST HOWARD N

N GREENE ST ST GREENE GREENE N N

N LIBERTY ST

E LEXINGTON ST PARK AVE PARK

W LEXINGTON ST AVE PARK E FAYETTE ST

N SCHROEDER ST ST SCHROEDER SCHROEDER N N

BLVD BLVD JR

JR W FAYETTE ST

ST PAUL ST ST PAUL PAUL ST ST

SOUTH ST ST SOUTH SOUTH N CALVERT ST CALVERT N

N CALVERT ST CALVERT N E BALTIMORE ST

W BALTIMORE ST

PRESIDENT ST

S GAY ST ST GAY GAY S S

LUTHER KING

E LOMBARD ST TIN

TIN W LOMBARD ST MAR

MAR E PRATT ST

W PRATT ST

EASTERN AVE MCHENRY ST

W CONWAY ST INNER

HARBOR

LIGHT ST ST LIGHT LIGHT S HOWARD ST HOWARD S W CROSS ST ST HOWARD S

WASHINGTON BLVD

RUSSELL ST ST RUSSELL RUSSELL S SHARP ST SHARP S

S SHARP ST SHARP S N

S HANOVER ST ST HANOVER HANOVER S S

S CHARLES ST

RESIDENTIAL NUMBER OF AVERAGE MEDIAN POPULATION HOUSEHOLDS HH SIZE AGE

47,707 22,418 1.75 33.1 1 MILE 1 MILE 1 MILE 1 MILE 167,701 73,337 2.13 34.5 2 MILES 2 MILES 2 MILES 2 MILES 283,379 119,437 2.24 34.7 1 2 3 3 MILES 3 MILES 3 MILES 3 MILES Mile Miles Miles AVERAGE EDUCATION EMPLOYMENT DAYTIME (AGE 16+ IN HH INCOME (COLLEGE+) LABOR FORCE) POPULATION

$70,128 61.9% 88.0% 102,740 1 MILE 1 MILE 1 MILE 1 MILE $79,805 60.1% 87.0% 239,339 2 MILES 2 MILES 2 MILES 2 MILES full report N $80,212 58.9% 87.1% 354,598 3 MILES 3 MILES 3 MILES 3 MILES

The popularity of urban Most households receive Independent, active seniors These residents are well life continues to increase income from wages or nearing the end of their educated and climbing the 50% for these consumers in their 17% salaries, but nearly 1 in 4 8% careers or already in 7% ladder in STEM (science, late twenties and thirties. retirement, these consumers technology, engineering and receive assistance. Consum- METRO Residents spend a large CITY ers endeavor to keep up SOCIAL actively pursue a variety COLLEGE mathematics) occupations. portion of their wages on with the latest fashion of leisure interests–travel, This young market makes rent, clothes, and the latest trends, and most prefer the sports, dining out, museums over 1-1/2 times more RENTERS technology. COMMONS SECURITY SET and concerts. TOWNS income than the US median. 1 MILE 1 MILE convenience of fast food. 1 MILE 1 MILE 1.67 2.67 2.06 2.48 AVERAGE HH SIZE AVERAGE HH SIZE AVERAGE HH SIZE AVERAGE HH SIZE 32.5 28.5 52.3 35.3 MEDIAN AGE MEDIAN AGE MEDIAN AGE MEDIAN AGE $67,000 $18,300 $71,700 $86,600 MEDIAN HH INCOME learn more MEDIAN HH INCOME learn more learn more MEDIAN HH INCOME learn more MEDIAN HH INCOME

Henry Deford | Vice President Mike Gioioso | Vice President 410.494.4861 [email protected] 410.494.4866 [email protected] MacKenzie Commercial RealNo warranty Estate Services, or representation, LLC • expressed 410-821-8585 or implied, •is made 2328 as W. to Joppathe accuracy Road, of Suite the information 200 | Lutherville-Timonium, contained herein, and Maryland same is submitted21093 •subject www.MACKENZIECOMMERCIAL.com to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions imposed by our principals.