Courtesy of: Ronald W. Howard, RE/MAX Advantage Realty, sales@greatestmoves.com
Courtesy of: Ronald W. Howard, RE/MAX Advantage Realty, sales@greatestmoves.com
$595,000
|
Lot: 0.04 Acres
|
|
Other
|
$595,000
301 S ANN Street Prime Upper Fells Point Investment Opportunity - Real Estate Only (Business Not for Sale). Two Properties: 301 S. Ann Street & 1803 Gough Street. This is your chance to own a mixed-use corner property package in the heart of Upper Fells Point. Only the real estate is for sale-NOT the bar business. The first-floor commercial space is home to Benders, a popular neighborhood bar and restaurant that has been a loyal, long-term tenant for 14 years and has no plans to leave. The sale includes the real estate; the existing lease with Benders conveys to the new owner, ensuring continued rental income from this strong tenant. The property consists of two parcels-301 S. Ann Street and 1803 Gough Street-featuring the leased commercial space with a valuable BD7 liquor license, plus two residential apartments and a third-floor storage/office area. The bar space is in excellent condition with a welcoming dining area, multiple coolers, small kitchen, rear office, and full basement for storage. One apartment is occupied by a long-term tenant at $1, 000/month; the other is vacant and ready to lease. Located in a vibrant, walkable neighborhood just blocks from Patterson Park, Fells Point, and Johns Hopkins, this property offers steady cash flow and long-term investment potential. Property Details: 301 S. Ann Street - 2025 Tax Assessment: $307, 000 | Annual Taxes: $6, 783 | Total SQFT: 3, 600 (2, 625 above grade). 1803 Gough Street - 2025 Tax Assessment: $192, 300 | Annual Taxes: $4, 331 | Total SQFT: 1, 719 (1, 146 above grade). Sold As-Is. Please do not disturb tenants. Showings by appointment only with proof of funds or financing.
Courtesy of: Ronald W. Howard, RE/MAX Advantage Realty, sales@greatestmoves.com
Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.