ONLINE AUCTION: Online Bidding Begins 03/19 @ 10:00 am. Bidding Ends 03/21 @ 11:40 am List price is opening bid. CALLING ALL INVESTORS- MAJOR REDEVELOPMENT OPPORTUNITY IN PRIME LOCATION! MASSIVE 3 Story Building with TONS of potential! Property is a HUGE Redevelopment opportunity- suited for multifamily, commercial, & More! You won't want to miss this rare opportunity located in the highly sought after Butchers Hill area. BLOCKS from World Renowned John Hopkins Hospital & Johns Hopkins Medical School. Minutes to the numerous attractions of the Historic Fells Point area & Downtown Baltimore. Convenient Access to Major Traffic Artery MD Route 40 (Orleans St.) Property is Vacant and Rehab Ready! Property is Vacant. $25,000 deposit. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneerâs office.
ONLINE AUCTION: Online Bidding Begins 4/4 @ 10:00am, Bidding Ends 4/8 @ 11:30am. List price is opening bid. MAJOR REDEVELOPMENT OPPORTUNITY HUGE 3 Story Building located in the Greater Carroll Park Area. PRIME LOCATION- Adjacent to the numerous attractions of Westside Shopping Center- BLOCKS to Carroll Park & Carroll Park Golf Course, as well as the recently revitalized Grace Medical Center (Formerly known as Bon Secours Hospital) Easy Access to Major Traffic Artery Wilkens Ave. Great Opportunity for small contractor- large lot complete with garage(s). Property is Vacant, fill out the Hold Harmless form located in the Documents Tab on Auctioneers Website & email back to Ashland Auction Group to receive lockbox combination. See below for more information. Property is Vacant. $25,000 deposit. Please Visit Ashland Auctionâs website for more details. For full Terms and Conditions visit the auctioneer's website, or contact the auctioneerâs office.
Highly profitable 15-bed licensed assisted living facility. Currently used as an 8-bed facility due to owners' choice. Property can be expanded with the current license that can almost double the current profit. Highly reviewed and stable. Owner's retiring. Has space for both owner and manager to stay on site if wanted. Financials available after NDA and proof of funds. Showings with principles only and only by appointment.
Over 5,400 sqft of move -in ready office space. Perfect office layout for medical, counseling, or non-profit uses. Convenient location on Eastern Ave. in Highlandtown. Full building renovation completed in 2012. Unfinished lower level, perfect for storage. Includes two parcels, one for the office building located at 3200 Eastern Ave and one located at 421 S. East Street which includes 16 parking spaces directly behind the building.
Located in the Historic Mt Vernon District on Antique Row, 893 â 895 N Howard, originally two private residencies, is now an adjoined 5500 SQFT 3-story retail / office building zoned C-1. One electric, one water meter, one rear parking pad. Formerly used as an antique store. Perfect for most supportive services for the University of Maryland Medical Center Midtown Campus directly across Howard Street or for multi conversion and additional dwelling units. Floor plans with measurements included in photos.
Dolfield Plaza, 100% leased. A retail shopping center building of 11 units, +/- 14,656 finished sf and lot size of +/- 0.61 acres, zoned C-2, located at busy traffic and walkable intersection of Dolfield Ave and W Cold Spring Lane. Across from the Post Office at Dolfield Ave. Close to Loyola College. Same Owner has managed the Center for 33 years with no increase in rent. Tremendous potential for some units to increase rent to market value by the new Owner. Low maintenance building. Eight units are rented by long term tenants doing various retail business as Beauty supplies, Barber shop, Carry out restaurant, Pharmacy and a Medical Clinic. Remaining 3 units were leased within the last year. Sold As-Is.
This leased commercial investment property is strategically located near Johns Hopkins University, offering a prime opportunity for investors seeking a lucrative investment in Baltimore's thriving real estate market. Situated in a bustling commercial area, the property boasts high visibility and foot traffic, making it an ideal location for businesses catering to the university community and surrounding neighborhoods.
List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins Friday, March 29th & ends Wednesday, April 3, 2024 at 11:00am. Description: The property consists of a corner rectangular shaped lot with 49' of road frontage on Roland Ave. and a depth of 125' on Rectory Lane. The lot size is 6,125 sq. ft. or 0.14 acre. Note: The lot does not include the neighboring parking lot on Roland Ave. The property is improved by a 2-story brick building containing approx. 3,518 sq. ft. of above grade building area, according to the Maryland State Department of Assessment & Taxation. In addition, attached in the rear is a 900 sq. ft. garage. There is an unfinished lower level. Value Added - In Nov. 2022 (see approval letter in the Documents section), the property was approved for use as 8 dwelling units. Its location in Hampden along a major thoroughfare, with ample public transportation, makes it a very attractive opportunity. In the Documents section are numerous exhibits from the present owners with conceptual plans for a conversion to 8 residential units. The property is located in an R-6, Residential Zone. There are other potential uses, subject to zoning approval such as a retail goods establishment, restaurant, offices, day care, art studio, and art gallery. See the Baltimore City Zoning Code for further clarification and details. A link is attached above.
List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins Friday, March 29th & ends Wednesday, April 3, 2024 at 12:30 pm. NOTE: This is an Auction Sale being held on behalf of the owner of the real estate, Bendixhq LLC. The primary occupant The Brewer's Art has been a tenant for 27 years. The business, furniture, fixtures and equipment of the tenants are not part of the sale. Description: The property consists of a rectangular shaped lot with a frontage of approx. 39' on N. Charles St and and Morton St., and a depth of 150'. The total lot area is 5,838 sq. ft. or 0.13 acre. It is improved by a 5-level building containing approx. 23,400 sq. ft. of above grade building area according to the Maryland State Department of Assessment and Taxation. The lower level is accessible from the front and rear of the building and is substantially finished. The main and lower levels are occupied by The Brewer's Art, who has been a tenant for 27 years. They also have offices on the second level of the building. The main level includes an iconic bar area in the front of the building overlooking Charles St. There are two dining rooms and a lounge area in the rear of the bar. The lower level is accessible from a front entrance as well as an interior staircase. It includes a bar and dining rooms. In the rear of this level is a kitchen and a large room devoted to the brewing of beer. There is also interior parking through overhead doors in the rear of the building accessible from Morton St. The second floor is substantially finished into a series of offices occupied by The Brewer's Art and two other tenants. The third and fourth levels are partially finished. Explanation of Income: The property generates $16,926.44/monthly which is $203,117 annualized. The property has been leased by a long established restaurant since 1996. The Brewer's Art who pays 90% of the monthly rent. They are 3 years into a lease extension with two 5 year options remaining. The landlord pays the real estate taxes and insurance. Value Added: The third and fourth levels are unfinished. In 2016 Baltimore City approved the conversion of the third and fourth levels from commercial to 12 dwelling units (9 efficiencies and 3 one-bedroom units). BMZ2016-00388. Please verify with the Baltimore City Zoning Board that this use is still permitted. The City website does not indicate an expiration date. History of 1106 N. Charles St.: The building was designed by the prestigious firm of Wyatt and Nolting and constructed in 1906 as a single family home for W.G. Bowdoin, a senior partner at Alex Brown and Sons. In 1930 a four-story addition was added to the rear of the building. Zoning Code: Description of the C-2 Commercial Zone. "10-204. C-2 Community Commercial District. (a) Areas for which intended. The C-2 Community Commercial Zoning District is intended for areas of small to mediumscale commercial use, typically located along urban corridors, that are designed to accommodate pedestrians and, in some instances, automobiles. (b) Standards. The C-2 District standards are crafted to: (1) ensure compatibility among neighboring residential, commercial, and entertainment uses; (2) maintain the proper scale of commercial use; and (3) maintain a balance between high traffic volume and pedestrian circulation."
Two Car Parking Garage, Storage Facility, Or Various Use for a Roomy Garage located in the Alley behind the Royal Farms Store on Wilkens Ave. Recently used for Storage and needs to be emptied by Purchaser as Seller will not. No Power or Water.
This commercial property sits in a prime location in Fells Point and is both for sale and for lease. It consists of two floors approximately 2,279 SF/floor. The upper level formerly housed the location for Baltimore Boxing and has a separate entrance and stairway leading straight to the second floor with plenty of glass overlooking the street. The lower level is under lease for about $3,500/month NNN. Zoning is C-1 and uses include but are not limited to the following: day-care; multi-family; dorm; fraternity/sorority; residential care facility; rooming house; place of worship; animal clinic; art gallery/studio; financial institute; health and fitness center; office; personal services; restaurant and retail sale.
List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, March 23 & ends Thursday, March 28, 2024 at 1:00 pm. Multi-Family Apartment Complex in Historic "Mount Vernon" with Single Tenant Double Net Lease Structure. The building is configured for 20 total apartments but is currently leased by a recovery center who pays the entirety of the rent. The buildings are distinguished by their original architectural details, which include wood floors, plaster walls, wainscoting, millwork, fireplace mantles, and high ceilings. **Current Gross Monthly Scheduled Rent of $26,000** **Current Annual Gross Scheduled Rent of $312,000** 14 E. Maidson contains approximately 6,486SF of gross building area and has 11 units. 16 E. Madison contains contains approximately 6,642SF of gross building area and has 9 units. An annual 3% increase shall apply after the first 12 month period. The lease is a double net structure. 16 E. Madison Street has two rear parking spaces.
Attention investors, builders, and developers. This is an incredible opportunity. Zoning allows many profitable and high demand uses. We regard the highest and best use as multi-family. 2 address and with up to 6 units. 6591 is and end of group, allowing lots of natural light and entry doors to the future units. Both properties consist of 6,367 +- square feet and backing to a public alley. Properties are sold as an assemblage and are priced to sell. Schedule your private showing today. Thank you for your interest.
Don't miss this incredible opportunity to own a multi-use building in the bustling heart of Little Italy/Harbor East! This property features commercial space on the lower level, currently housing a Travel Agency and Nail Salon, each with their own powder room for convenience. The Travel Agency is currently leased for $700, while the Nail Salon is leased for $800 and is eager to continue. Additionally, the upper level boasts a spacious 3-bedroom apartment, currently rented for $800 to a long-term tenant of 4 years. This upper unit offers flexibility as it can be configured as a 3-bedroom setup with kitchen and full bath, or easily converted into a 2-bedroom layout with a family room, kitchen, and full bath. Whether you're seeking an investment opportunity or looking to live above your own business, this property offers endless possibilities. Massive expansions are in the works for Harbor East and Little Italy increasing the marketability and traffic to the area. Don't hesitateâseize this chance to own a piece of Little Italy/Harbor Eastâs vibrant community. Schedule a viewing today!
List price to be opening bid at online only auction. Bidding begins Friday, March 22nd & ends Wednesday, March 27, 2024 at 1:00 pm. Improved by a 38,856+/- SF multifamily apartment building on a 0.88+/- Acre Lot. The building is configured as 34 residential apartment units. Currently 32 of the units are vacant with last 2 currently scheduled for move out through cash for keys and/or eviction. It is expected to be fully vacant by closing. There are 8 one bedroom units, 25 two bedroom units and 1 three bedroom units. 16 of the units have recently been renovated, many of them having full gut out renovations. The property is zoned R5 (Rowhouse and Multi-Family Residential Zoning District). Each unit contains it's own HVAC system. Some renovations to many of the units include full gutout including appliances, bathrooms, flooring, paint, cabinets and more! **Potential Gross Monthly Rent of $40,305** **Potential Gross Annual Rent of $483,660**
Five-Unit Apartment. This amazing property is perfectly suited for any kind of investor to an owner occupant. Take the opportunity to scoop up this cash cow! The property has an active building permit for five apartments and can be quickly and easily turned around and rented out. Property should easily qualify for a MDE limited lead free certificate with little-to-no related work.
Property is in great structural condition with a new roof added in 2021. The work has been done in this property! This space is gutted and demo'd. The inside is Squeaky Clean!! Bring your ideas!Zone R8 Mixed use building with retail space - large building with apartment upstairs (1bdr and studio are possible) and corner storefront downstairs. Formerly used as a retail store with upstairs apartment. Possible new businesses include beauty/.barbershop, grocery store, ice cream shop, local restaurant. Imagine the possibilities. Neighborhood association is in favor of a positive retail space in the lower unit! Live or rent out units upstairs and operate or rent out business downstairs. Full renovation needed. Near Druid Hill Park with easy access to Pennsylvania Ave bustling retail and businesses.
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, April 1, 2024. Live On Site Auction - Wednesday, April 3, 2024 at 11:00 AM. List price is opening bid only. The auction provides an opportunity to purchase a reasonably sized warehouse, with a drive-in bay and parking, with excellent access throughout the Baltimore metropolitan area.
This is a very well-maintained and updated corner lot building! It has lots of charm and lots of natural light! It is zoned mixed use and consists of 3 separate units: lower level has office space which is currently leased as a salon with full bath and (2) 2-bedroom one bath apartments. Total 2023 gross income $90,432.00. Former Airbnb's now have leases in place. Total 2022 gross income $76,515.00 which includes salon lease rent and two Airbnb's. Total 2022 expenses include Airbnb host fee, property tax, insurance, heating oil for all units, electric for two Airbnb units, water, and lawn service. Expenses 2022 total $12,514.96 for a NOI of $64,000.04 in 2022. Salon lease runs through March 31, 2025, for $1586.00. monthly. Current property manager is member of LLC and is willing to stay on to serve new buyer. Current salon lease can be provided. Appraised for 569k in spring 2023 based on 2022 financial numbers. Will appraise for significantly more when 2023 numbers are factored in.
Fabulous investment opportunity!! 7 unit apartment building in Remington/Station North area of Baltimore. 6 Residential units and 1 commercial unit on bottom level, could potentially be turned into 2 additional efficiency units.. All units are currently occupied! The entire building has been meticulously maintained, and all units have had upgrades added. Just under 100k gross income per year. Several historical aspects include: George Brown, 20th Mayor of Baltimore was a previous owner. Also, it has been proven Abraham Lincoln resided at the property during his travels into the Confederate Territories in an attempt to evade the Cponfederate Army.
Online auction to be conducted on Auctioneers website! List Price is Opening Bid Only! Online Auction Only! Bidding begins Thursday, March 14 & ends Tuesday, March 19, 2024 at 11:00 am. Property Description: The property has 25' frontage on N. Charles St and a depth of 150'. It has rear access on Morton St. The total lot area is 3,750 sq. ft. or 0.086 acre. It is improved by a 4-level commercial building recently used as a bar/lounge. The building area is approx. 6,650 sq. ft. according to the Maryland Dept. of Assessment and Taxation. The first floor is designed for a bar/lounge with an enclosed patio in the rear. The lower level is primarily finished and is used as a kitchen and storage for the bar/lounge. The 2 upper levels are substantially improved into various rooms and includes bathrooms. Many improvements were completed after a 2020 fire damaged a portion of the building. There was a new roof installed as well as heating and air conditioning units. The Building is currently occupied by a long term tenant whose lease expires on June 30, 2024. The most current monthly base rental is $8,694.56/month. The tenant also pays real estate taxes and insurance. The purchaser has the opportunity to renegotiate a new lease or occupy the building on July 1, 2024. The tenant wishes to renew. The Building can be redeveloped into a variety of commercial and residential uses. Refer to the link for the Baltimore City zoning guide for a list of potential uses. The property is in a C-2, Community Commercial Zone. It allows for a variety of residential, institutional and commercial uses. Pages 447-450 of the Baltimore City Zoning Code document, lists Permitted (P) and Conditional (CB & CO) Uses. The Live Neighborhood site describes Mt. Vernon as follows: "Mount Vernon in Central Baltimore offers some of the best conveniences of urban living. The lively neighborhood is close to cultural amenities, dining, nightlife and shopping. Living spaces include single-family Victorian rowhomes, carriage houses, condos, apartments and several high-rises. Residents enjoy having a wide array of art, entertainment and services just steps from their front doors. Residents enjoy having a front-row view each year to the annual lighting of the Washington Monument."
INCREDIBLE OPPORTUNITY AWAITS. 3 GARAGES WITH 5 TAX IDS. **OWNER WOULD PREFER TO SELL AS ONE PACKAGE. COULD BE SOLD WITH MULTIPLE BUYERS TAKING SEPARATE GARAGES AT ONE TIME- AWESOME SPACE FOR THE NEIGHBORHOOD RESIDENT LOOKING FOR A TINKER SHOP AND STORAGE. BUSINESS OWNERS WILL ENJOY THE EASY STORAGE LOCATION OF THESE GARAGES (QUICK ACCESS OFF OF I-95). THE OWNER HAS RENTED GARAGES THROUGHOUT THE YEARS AND CAN SELL VACANT AND READY FOR NEXT USER QUICKLY. INQUIRE TODAY.
INCREDIBLE OPPORTUNITY AWAITS. 3 GARAGES WITH 5 TAX IDS. **OWNER WOULD PREFER TO SELL AS ONE PACKAGE. COULD BE SOLD WITH MULTIPLE BUYERS TAKING SEPARATE GARAGES AT ONE TIME- AWESOME SPACE FOR THE NEIGHBORHOOD RESIDENT LOOKING FOR A TINKER SHOP AND STORAGE. BUSINESS OWNERS WILL ENJOY THE EASY STORAGE LOCATION OF THESE GARAGES (QUICK ACCESS OFF OF I-95). THE OWNER HAS RENTED GARAGES THROUGHOUT THE YEARS AND CAN SELL VACANT AND READY FOR NEXT USER QUICKLY. INQUIRE TODAY.
INCREDIBLE OPPORTUNITY AWAITS. 3 GARAGES WITH 5 TAX IDS. **OWNER WOULD PREFER TO SELL AS ONE PACKAGE. COULD BE SOLD WITH MULTIPLE BUYERS TAKING SEPARATE GARAGES AT ONE TIME- AWESOME SPACE FOR THE NEIGHBORHOOD RESIDENT LOOKING FOR A TINKER SHOP AND STORAGE. BUSINESS OWNERS WILL ENJOY THE EASY STORAGE LOCATION OF THESE GARAGES (QUICK ACCESS OFF OF I-95). THE OWNER HAS RENTED GARAGES THROUGHOUT THE YEARS AND CAN SELL VACANT AND READY FOR NEXT USER QUICKLY. INQUIRE TODAY.
The rare opportunity to own an end-of-group Multi-Family (Mixed-use) Property at the Patterson Park Community has finally come. This property has two commercial units as well as two residential units. The building is fully renovated and conveys all appliances. Full open unfinished basement along with loads of upgrades from the renovations. This is a lavish opportunity that won't last longâpriced for quick sale. All offers will be presented. The rear commercial space has an existing lease. Shows extremely well. The first floor has marble flooring with custom wall treatments and lighting. offers full access to the fully unfinished basement for additional storage and preservation. This space offers a private office and full kitchen in the rear with a half bathâloads of natural light and easy access to a bountiful amount of street traffic. The rear offers a small three-room suite with a half bath and lobby area. with Separate Entrances. The Residential apartments are located on the 2nd and 3rd floors. The 2nd floor offers a lovely 2 bedroom apartment with washer and dryer hook-ups separate HVAC system, walk-in closets, ceiling fans, and laminate flooring with stainless steel appliances and a beautiful spa-like bath with marble tile around. The 3rd floor has laminate flooring but it's just a 1 bedroom suite with a washer and dryer hookups gas range, stainless steel fridge, microwave, and separate meters. Custom bath with granite tile and vanity