3812 Lombard StBaltimore, MD 21224

For Sale
$200,000

Prime Baltimore Restaurant, 1500 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional restaurant opportunity is located at 3812 E Lombard St, Baltimore, MD 21224. The 1,500 square foot space is currently operating as a restaurant and is being offered for sale at $200,000. The property features a well-maintained kitchen equipped with necessary appliances. Ample parking is available for patrons and staff. The property benefits from a highly convenient location, offering easy access to major transportation arteries, including I-895 and I-95. The existing lease is a triple net (NNN) lease, with a current rate of $24.50 per square foot, resulting in net operating expenses of $11.31 per square foot. The lease is assumable, with the current term extending through September 30, 2028. This presents a unique opportunity for a buyer to acquire an established business with a favorable lease in a high-traffic area. The asking price includes the business and its existing equipment. Serious inquiries only.

Highlights

  • ±1,500 SF restaurant space.
  • Ample parking.
  • Well-maintained kitchen with included equipment.
  • Excellent location near I-895 and I-95.
  • Assumable NNN lease through 9/30/2028; business and equipment included in $200,000 asking price.
  • $24.50/SF NNN lease; net operating expenses $11.31/SF.

Location Insight

City
Baltimore
County
Baltimore
State
Maryland
Latitude
39.292077
Longitude
-76.5647138
3812 Lombard St, Baltimore, Maryland

FAQs

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3812 Lombard St
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