241 N LAKEWOOD AVE, Baltimore, MD 21224
241 N LAKEWOOD AVE, Baltimore, MD 21224
241 N LAKEWOOD AVE, Baltimore, MD 21224
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Listed by Ken Zeng • Long & Foster Real Estate, Inc.
$160,000
Est. payment /mo
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1,120 Sqft Lot
Price Dropped by $20K

241 N LAKEWOOD AVE Baltimore, MD 21224

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Lee Wilson

Lee Wilson

+1(240) 206-1283

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDBA2210602

Year Built 1920

Annual Tax Amount $4,191

Tax Year 2025

Lot Size 1,120 Sqft

Acres 0.03

Lot Dimensions 16x70

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Turnkey mixed‑use opportunity on a high‑visibility 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 types—carryout restaurant, convenience store, specialty food shop, or other neighborhood‑serving 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 balcony—ideal for an owner‑operator who wants to live on‑site rent‑free 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.

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Inclusions All restaurant equipment included

Heat Source Natural Gas

Exterior

Water Access N

View City

Roof Type Rubber

Street Surface Paved

Accessibility None

Garage N

Building

Lot Description Corner

Foundation Brick/Mortar, Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0306011693 021

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

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241 N LAKEWOOD AVE