$147.90 Per Sq Foot $3,731 est/mo Sourced by Back At You

4528 Harford Rd NE,Baltimore, MD 21214

Baltimore MD, 21214

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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. Don’t miss out! Contact us today to learn more and schedule a tour!

Details

MLS#MDBA2108792
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site142
Listing Provided ByExecuHome Realty | Dimitrios Lynch

Features

SQ Feet4,699
ZoningC-1
Acreage0.17

Market Activity 21214

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Learn More About This Property

StateMD
CountyBaltimore City
CityBaltimore
Zip Code21214
Community NameLauraville Historic District
School DistrictBaltimore City Public Schools
Listing VS Median (in Lauraville Historic District)
Price:
$695,000
low | high
Med:
$312,450
100% of Average
SqFt:
4,699
low | high
Med:
1,822
100% of Average
$ / SqFt:
$148
low | high
Med:
$174
32.151699241354% of Average
On Site:
142
low | high
Med:
52.500000
100% of Average
Sourced by Back At You
Listing Updated: May 15, 2024 at 9:03:33 PM PDT
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