2578 Hollins Street
Baltimore, MD, 21223 $ 1,200,000
Baths0.0 Sq 4,380 Monthly Estimate*
$ 7,187
Studio
for $1,200,000. This 4,380 square foot building was built in 1920 on a lot size of 0.24.
Nestled in the heart of Baltimore City, MD, this remarkable 3-story building at 2578 Holland St presents a lucrative business opportunity paired with a real property sale, all for $1.2 million. This property stands as a beacon for potential investors looking for a venture in the hospitality industry. Currently set up with 2 bars, and 2 VIP lounge areas with an owners suite. Property Highlights: Type: Investment opportunity in the hospitality sector, including a 2 bars, tavern, private DJ area and packaged goods sales. Location: Strategically located in Baltimore, MD, offering high visibility and accessibility. Building Size: A generous 4,384 sq. ft. spread over three floors, providing ample space for business operations and customer accommodation. Land Area: Sitting on 0.283 acres, this property offers extensive outdoor possibilities for events, expansions, or other business ideas. Sale Inclusions: This sale comes with all existing tavern, retail and commercial kitchen fixtures, making it a turnkey solution for the aspiring or seasoned entrepreneur. Business Potential: A perfect blend of real estate and business sale, this property is ideal for those looking to enter the hospitality industry or expand their portfolio. This unique offering not only encompasses a vast land area and building space but also comes fully equipped with all the necessary fixtures for a seamless business operation. From retail to a fully operational commercial kitchen, the new owner will have everything at their disposal to hit the ground running. Whether you're looking to continue the legacy of a beloved local tavern or have a vision for a new culinary adventure, this property offers the flexibility to bring your entrepreneurial dreams to life. Investment and Business Opportunity: Ready Business: Jumpstart your business with a fully equipped bar and tavern, including a license for packaged goods sales. Versatile Space: The 3-story layout offers versatile spaces for dining, entertainment, and private events, ensuring multiple revenue streams. Community Focal Point: With its established presence, this venue has the potential to remain a community staple or be transformed to match a new vision. Strategic Location: Located in the vibrant city of Baltimore, this property benefits from a strategic position that enjoys steady footfall and the patronage of both locals and tourists alike. The expansive land provides ample parking, outdoor dining or event space, and the possibility for future development. A Turnkey Solution for Ambitious Entrepreneurs: This property represents not just a real estate investment but a vibrant business opportunity in the heart of Baltimore. It offers the new owner a rare chance to take over a well-established venue with significant growth potential. Don't miss out on this exceptional opportunity to own a piece of Baltimore's hospitality scene, complete with a rich history and endless possibilities for the future. Contact us today to schedule a viewing and discover how 2578 Holland St can become the cornerstone of your investment portfolio. Co-Listed with KW Commercial Sierra Conney
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Commercial ActiveRestaurant/Bar,/General Retail
FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 4
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GeneralSewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning R-8
Security Features 24 hour security Exterior Cameras Main Entrance Lock
Construction Materials Brick
Year Built 1920
Property SubType Retail
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Restaurant/Bar Other/General Retail
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Possible Use Bar/Tavern/Lounge Beer/Wine/Liquor Food & Beverage Investment Liquor Store Restaurant
Water Access Y/N N
Status ACTIVE
Directions FRANKLINTOWN ROAD TO HARLEM FOLLOW TO LOCATION
City BALTIMORE
Disclosures Special Permits
NumberOfUnitsTotal 1
Lot Size Units Square Feet
Lot Size Square Feet 10367.00
Waterfront Y/N N
Tax Annual Amount 3889.0
Price Per Sq Ft Total AG 185.19
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 182
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 20
Tax Lot 045
Association Recreation Fee N
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ExteriorParking Features Handicap Parking Lighted Parking Paved Parking Private
Water Source Public
Inclusions 7 DAY LIQUOR LICENSE (TRANSFERABLE) AND ALL TRADE FIXTURES ( TV'S BAR STOOLS CLOVER SYSTEM SECURITY CAMERA SYSTEM KITCHEN APPLIANCES( WALK-IN FREEZER))
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 6480.00
Lot Size Acres 0.24
Lot Size Source Assessor
Door Features Insulated
Land Assessed Value 57400.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams LegacyBroker
william@savagehomegroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,187
- Monthly Property Taxes
- $324
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Baltimore, MD
Average List Price $726,976
Percent of Sale Price 39%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/1/2024 | $1,200,000 | | Listed Price |