241 N Lakewood Avenue Baltimore, MD $ 180,000
241 N Lakewood Avenue
$ 180,000
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241 N Lakewood Avenue

Baltimore, MD, 21224
$ 180,000
Bedrooms-- Baths-- Sq 2,240

Monthly Estimate*

$ 1,108

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Commercial Property for sale in Baltimore, MD

for $180,000. This 2,240 square foot building was built in 1920 on a lot size of 0.03.

Turnkey mixeduse opportunity on a highvisibility corner just minutes from Johns Hopkins Hospital, Ellwood Park, and Patterson Park. This property offers strong foot traffic, excellent exposure, and flexible commercial potential. The main level is fully set up for a carryout operation and can easily support a variety of business typescarryout restaurant, convenience store, specialty food shop, or other neighborhoodserving retail. All existing restaurant equipment conveys, allowing you to step in and start operating immediately. The upper level provides generous living space with four bedrooms, a full bath, and a private balconyideal for an owneroperator who wants to live onsite rentfree or for additional rental income. The combination of commercial frontage and spacious residential quarters makes this a rare, versatile investment in a rapidly developing corridor. A complete building and equipment package is included in the sale. Your next business venture begins here.

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Commercial Active

Price

$ 180,000

Property Type

Commercial

Taxes

$ 4,191

Style

Restaurant/Bar

Lot Size

0.03

Year Built

1920

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2210602

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
Total Restrooms 2
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General
Sewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Possession Settlement
Roof Rubber
Zoning R-8
Construction Materials Brick
Year Built 1920
View City
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Restaurant/Bar
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Please use Google Maps
City BALTIMORE
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 1120.00
Tax Annual Amount 4191.0
Property Condition Good
Price Per Sq Ft Total AG 53.57
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 6
Tax Lot 021
Association Recreation Fee N
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Exterior
Lot Features Corner
Water Source Public
Inclusions All restaurant equipment included
Type of Parking On Street
Foundation Details Brick/Mortar Stone
Water View Y/N N
Building Area Total 3360.00
Lot Dimensions 16x70
Lot Size Acres 0.03
Road Surface Type Paved
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 30000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 241
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

kenz@lnf.com

Email

Affordability Calculator

$1,458
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,108
Monthly Property Taxes
$349
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2026$180,000 Listed Price

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241 N Lakewood Avenue, Baltimore, MD, 21224 is a Commercial Property for sale at $180,000 with 2,240 sqft and a lot size of 0.03. 241 N Lakewood Avenue was built in 1920. The property's zip code is 21224 which is in Baltimore, MD