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Brexton Commercial is pleased to exclusively represent the ownership in the sale of 1135 - 1137 Light Street. This corner lot, double-wide, mixed-use offering is a rare find in the Federal Hill neighborhood. The first floor (now vacant) was formerly occupied by Light Street Optometry, who has owner-occupied the building since 1982. The second and third floors are comprised of three B+ apartments with large layouts, separately metered power, individual mini-split AC + heating units, in-unit water heaters, shared W/D in common area, and an abundance of natural light. 1st level has access to basement (5 foot ceiling - perfect for dry storage), mechanicals, and brand new HVAC compressor + AH unit (2019). Pro-forma NOI is $87,371 and should provide strong cash flow with minimal effort. **ATTN AGENTS: The adjacent property, 1133 Light Street, is also for sale by a different broker, and potentially provides a strong development opportunity, with C-1 zoning, allowing for new construction up to 60 feet high.**
Listed by Rajbir S. Randhawa of Brexton Commerical,LLC

Property Details of 1135-1137 Light Street

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