Description
Prime Upper Fells Point Investment Opportunity – Two properties: 301 S. Ann Street & 1803 Gough Street. An exceptional chance to own a mixed-use corner property in the heart of Upper Fells Point! This offering includes two parcels—301 S. Ann Street and 1803 Gough Street—featuring a fully operational bar (currently leased to the same business owner for 14 years) with a valuable BD7 liquor license, plus two residential apartments and a third-floor storage/office area. The bar (Benders) is in excellent condition with a welcoming dining area, multiple coolers, a small kitchen, a rear office, and a full basement for storage. One apartment is currently rented to a long-term tenant at $1,000/month; the second unit is vacant and ready for a new occupant or added rental income. Serious buyers with proof of funds or financing can access rental units upon request. Situated in a vibrant, walkable neighborhood close to Patterson Park, Fells Point, and Johns Hopkins, this is an ideal investment for savvy buyers seeking both immediate cash flow and long-term upside. Please do not disturb current tenants—showings by appointment only. 48-hour notice. Sold as-is. 301 S Ann, 2025 tax assessment: $307,000, annual taxes $6,783 & total sqft 3,600 (2,625 above grade). 1803 Gough, 2025 tax assessment: $192,300, annual taxes $4,331 & total sqft: 1,719 (1,146 above grade). Buyer to confirm use & zoning.
Description
Prime Upper Fells Point Investment Opportunity – Two properties: 301 S. Ann Street & 1803 Gough Street. An exceptional chance to own a mixed-use corner property in the heart of Upper Fells Point! This offering includes two parcels—301 S. Ann Street and 1803 Gough Street—featuring a fully operational bar (currently leased to the same business owner for 14 years) with a valuable BD7 liquor license, plus two residential apartments and a third-floor storage/office area. The bar (Benders) is in excellent condition with a welcoming dining area, multiple coolers, a small kitchen, a rear office, and a full basement for storage. One apartment is currently rented to a long-term tenant at $1,000/month; the second unit is vacant and ready for a new occupant or added rental income. Serious buyers with proof of funds or financing can access rental units upon request. Situated in a vibrant, walkable neighborhood close to Patterson Park, Fells Point, and Johns Hopkins, this is an ideal investment for savvy buyers seeking both immediate cash flow and long-term upside. Please do not disturb current tenants—showings by appointment only. 48-hour notice. Sold as-is. 301 S Ann, 2025 tax assessment: $307,000, annual taxes $6,783 & total sqft 3,600 (2,625 above grade). 1803 Gough, 2025 tax assessment: $192,300, annual taxes $4,331 & total sqft: 1,719 (1,146 above grade). Buyer to confirm use & zoning.
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