1135 Light St Baltimore, MD 21230

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Wednesday, April 8, 2026. Live On Site Auction - Thursday, April 9, 2026 at 11:00 AM. List price is opening bid only. Live Auction Bidders - A deposit of $50,000, payable by cashier's check, will be required of the purchaser at time and place of sale. Online Auction Bidders - A deposit of $50,000, payable by cashier's check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. 1135-1137 Light Street comprises a three story end-of-group storefront building located in the Federal Hill area of South Baltimore. The building was the long time home of an optometrist, operating on the first floor and basement, with the upper levels having been used as three apartment units for the past 30+ years. The high exposure site features approximately 10,000 cars per day AADT, in addition to a high volume of pedestrian, bike and scooter traffic. The auction provides an opportunity to purchase a value-add asset with ample income potential in one of Baltimore's most famous neighborhoods. Three story brick end-of-group storefront building - constructed in 1920 and containing 5,949 square feet of gross building area, according to public tax records. The building is arranged as a commercial storefront on the first floor with dry storage and mechanicals in the basement. The second and third floors are arranged as three dwelling units. Flat membrane roof (2019). Mixed windows. The commercial space was owner occupied by an optometrist, who was one of only two occupants of the building since World War II. Storefront - Retail storefront arranged for a retail showroom area, two private offices, utility area, two powder rooms. Interior finishes are subfloor, drop ceiling and drywall. Gas forced air heat and CAC (2019). Gas fired hot water boiler (services first and second floors). Currently vacant with good owner-occupant or rental potential. Three apartments, separately metered, with individual Daikin mini-split heating and AC units and gas hot water heaters for each unit. Unit mix is one 2-BR apartment and two 1-BR apartments. Mixed interior finishes. Units present a value-add opportunity. Current monthly rent of $3,900, or $46,800 per year.