Fells Point saloon is sold at auction for $1.57 million

November 10, 2006|By Jill Rosen | Jill Rosen,Sun Reporter

A diner owner paid $1.57 million yesterday for Fells Point's historic Horse You Came in On saloon, which the owner decided to sell after more than 30 years in business.

Ioannis Korologos of Ellicott City, who owns six area Double-T Diners, beat out a handful of bidders at the auction, held at the bar at 1626 Thames St.

"I thought it would be a good investment," said Korologos, who plans to keep the site a bar - with a few cosmetic improvements. "I'll definitely keep the name and the atmosphere."

The saloon, which opened Aug. 7, 1972, was instrumental in helping the waterfront neighborhood become a nightlife destination.

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