INCREDIBLE INVESTMENT OPPORTUNITY! LARGE MIXED USE PROPERTY WITH TONS OF POSSIBLITIES! Property is currently set up as a street level convenience store and upstairs residential unit. The street level commercial space features a secure check out area, a larger rear retail food area with ample shelving and refrigerated units, a storage space, and a half bath. The upper level residential space has a kitchen and 1/2 bath located on one level and a total of 6 bedrooms and 2 full baths on the upper 2 levels along with a rear deck. This set up would be ideal for a rooming house. Located on highly traveled North Ave. and close to Coppin State, Gwynn Falls Park, & Hilton Parkway
Highlights: > Pick Up Where Seller Left Off at Discounted Price: Gut-to-Stud Renovation 75% From Completion > Less Than 1 Mile to Reservoir Square, A $1,000,000 Mixed-Used Community in Development > High-End Finishes Attract Quality Tenants > Stellar âWalkScores:â Deemed a Walkerâs Paradise with Excellent Transportation. Apartment interiors boast high-end finishes that tenants desire, mostly completed with new stainless-steel appliances in the kitchens, which include 30â³ electric ranges, over-the-range microwaves, modern stainless sinks with faucets, and garbage disposals. The bathrooms feature sleek modern vanities and either vinyl shower stalls or tubs, all with designer ceramic tile surround. Durable vinyl plank flooring throughout the apartments not only ensures longevity for landlords but also offers tenants easy-to-clean surfaces. Each apartment includes a stacked washer and dryer for convenience. While common area hallways and ceilings retain their plaster, apartment interiors now feature new drywall with recessed lighting. This Madison Park 6-Unit stands as an all-electric building with separate metering, allowing tenants to control their environments and pay utility bills directly to providers. Each unit receives 150 amps of power and is equipped with in-unit wall-mounted electric heat pumps and central air conditioning. High-performance electric Rheem 6-gallon or Steibel 4-gallon water heaters serve each unit, with suitable plastic water supply lines and PVC drain lines. Vinyl replacement windows have been installed in the rear, while original wood frame windows remain in the front. Interior water supply lines are plastic; interior drain lines are PVC. Windows in the rear have been upgraded to vinyl replacement, while original wood frame windows remain on the front. Madison Park 6-Unit Punch List: Zoning has approved the permit for 6 dwelling units. Framing and insulation permit complete and approved. Plumbing, mechanical and gas permits need to be re-filed, completed and finalized. Electric and building permits are valid through August 2024 and need to be finalized. The main water supply line has been upgraded to serve the required fire suppression system. The sprinkler system is near completion. Quotes have been obtained for the remaining work, including an estimate to complete the suppression system by Faithful Fire Protection and a quote from Electronic Security Solutions to complete the fire alarm monitoring system. Paving the rear pad would allow for 2 off-street parking spaces, boosting monthly cash flow. Exciting developments are underway nearby, including the redevelopment of an 8-acre plot between Reservoir Hill and Bolton Hill, less than 1 mile from 1520 Madison Avenue. Named Reservoir Square, this new gateway to West Baltimore will feature townhomes, apartments, office space, a national grocer, street-level retail, open space, and green space with a park. Just a mile east lies the vibrant culture of Mount Vernon, home to concert venues like the Joseph Meyerhoff Symphony Hall and The Lyric. Tenants will also appreciate the proximity to the YMCA in Druid Hill, offering an indoor pool, state-of-the-art gym, and cycle studio. According to âWalkscore.com,â this Madison Park 6-Unit boasts a Walk Score of 91 and a Transit Score of 87 (excellent!).
Investor's Dream in Fell's Point! Don't miss out on this incredible opportunity to own a 2-unit property located in the vibrant heart of Baltimore! This property is zoned C-1, offering an opportunity to add more apartments above the existing garage, and/or to split the existing structure into more apartments if desired. This gem features a legally zoned and metered setup, offering versatility and potential for both investors and homeowners alike. The first-floor unit welcomes you with a charming one bedroom, one bathroom layout adorned with high ceilings and gleaming hardwood floors, creating a warm and inviting ambiance. Ascending to the second level, you'll discover a spacious two-level apartment showcasing a generously sized eat-in kitchen, expansive living area, and three bedrooms along with two full bathrooms. Rare for the area, this property includes a spacious three-car garage, providing coveted parking convenience in bustling Fells Point. Great redevelopmenet potential with flexible C-1 Zoning!
Welcome to an exceptional investment opportunity in a prime location! This mixed-use commercial building offers the perfect blend of convenience and potential. Situated in a high-traffic area, this property boasts a versatile commercial storefront with endless possibilities. Formerly utilized as a liquor store, envision transforming this space into a thriving convenience store, package goods outlet, or any retail venture of your choice. With some cosmetic updates, this space can easily be tailored to suit your entrepreneurial vision. Above the commercial storefront, discover two spacious apartments awaiting rejuvenation. Perfect for potential tenants or personal use, these units present an excellent opportunity for additional income streams or comfortable living accommodations. This property is being sold as-is, providing the perfect canvas for investors and entrepreneurs alike to unleash their creativity and maximize returns. With its unbeatable location and limitless potential, don't miss out on this rare opportunity to make your mark in a bustling community. The buyer is responsible for confirming zoning and usage for this building.
Prime location and great investment opportunity! 14,000 sqft two level warehouse/flex space that is walking distance to Harbor East, Johns Hopkins, Inner Harbor and Little Italy attractions. Current zoning I-MU. Many potential commercial uses. Perfect for adaptive reuse or total re-development. Authentic 1920's Industrial Character. Very high daily traffic counts surrounding this location. Listing also includes property at 120 S. Eden Street (Tax ID0303021392033). Property located in an Opportunity Zone and is in the heart the on going major billion dollar redevelopment project in the neighborhood. Invest now and benefit from this great investment! The property is located in an IMU-1, Industrial Mixed Use District. The zoning designation is primarily for existing industrial buildings and permits both light industrial uses and a variety of nonindustrial uses, such as residential, commercial, or institutional creating a mixed-use environment
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.
LOCATI0N!!!! LOCATION!!! LOCATION!!!BUILDINGS FACE NEW JUVENIAL SERVICES BUILDINGS BACKS ON TO MAINPOST OFFICE AND SITS NEAR POLICE HEAD QUARTERS. 1 BLOCK FROM 83, AND ROUTE 40 711 STORE JUST VACATED FIRST FLOOR OF 239. AMAZING OFFICE SPACE ON UPPER LEVELS EACH LEVEL HAS ITS OWN REST ROOMS AND ELEVATOR TO EACH FLOOR, SEPERATE HEATING AND A/C FOR EACH LEVEL REAR LOT 334 N FRONT ST IS INCLUDED IN SALE THIS PROPERTY IS USED AS PARKING LOT. GREAT OFFICE SPACE ON EACH FLOOR EVERY FLOOR HAS ITS OWN RESTROOMS, A MUST TO SEE !!!! PROPERTY VACANT READY FOE IMMEDIATE USE.
Rare, blank slate opportunity in Fells Point. Lots are being consolidated. Two large, light filled, properties that can be used in combination or separately. Amazing potential for commercial, residential or mixed use. The only limit is your imagination. Water views from the top floor. Enjoy all Fells Point has to offer - or be part of the offerings!
Welcome to 1019 Cathedral Street, a one of a kind live/work space in the heart of Mount Vernon/Mid-Town Belvedere. A meticulous design that offers an incomparable mix of professional space with a luxurious private residence. The commercial space allows for an ideal base of operations for any enterprising creative professional, while the private residential executive living quarters with high-end finishes will have you considering a personal day, despite your short commute.***Mt. Vernon is known for its cultural offerings by being home to some of the finest art institutions, performance & educational centers, and architecturally stunning buildings in the region. The neighborhood streets are lined with restaurants, shops, and boutique hotels. It is centrally located, and moments from Baltimore Penn Station, the Cityâs transportation hub with Amtrak and M.A.R.C. trains providing service to D.C., Philadelphia, N.Y. and beyond. For local trips, the Charm City Circulator & Light Rail have convenient stops just blocks away.***The storefront faces Cathedral Street, a well-traveled vibrant street in the historic Mt. Vernon district, the heart of Baltimore City. Floor to ceiling windows provide exceptional business exposure and ample natural light, while the custom blinds allow for privacy when the mood calls for it. The spacious showroom/gallery has 14â high ceilings with track lighting & and an art hanging system that accommodates the ultimate in design flexibility.***Just past the showroom and up a few steps sits a large conference room thoughtfully considered with recessed lighting and tv hookups for meetings, planning and group discussions. Numerous cabinets and an expansive countertop runs along the length of the north wall creating room for work stations, as well as a convenient place to offer coffee and cool beverages from the mini-fridge when hosting a group event. A separate dedicated office space on the second floor is complete with multiple work stations, cabinets and desktops.***A utility space beyond the formal conference room on the main floor offers a kitchenette with full-size refrigerator and microwave, plenty of storage, a nearly indestructible epoxy floor, plus a convenient half bath and access to the basement and utilities.***Direct wide-door access to a 4-car parking garage with automatic commercial overhead door is the desire of anyone considering mixed-use space.***The private residence evokes a serene, tranquil setting and is impeccably styled. The main living room with tall ceilings, crown molding, and decorative fireplace flows directly into the open kitchen perfect for entertaining with granite countertops, high-end appliances, custom cabinets and pedant, recessed and under-cabinet lighting. A half-bath just behind the kitchen is perfectly located, as it also sits near the roof-top access which would be an ideal setting for adding a deck for views of starry nights and the city skyline.***The primary suite just above the living space has a large bathroom with a walk-in shower and geometric tile, while the bedroom has a walk-in closet and convenient office nook. Just outside the door is a closet with a front loading washer and dyer and extra room for storage.***The guest suite which resides on a different level creating privacy, and is complete with a large living room ideal for movie night, while still offering a substantial bedroom, full bath and mirrored closets.***Every detail was considered in both the professional and personal aspects of the space making this a must-see.***Considering an upgrade? For a seasoned investor, this property could make an ideal 1031 Tax Exchange option.***CHAP Mt. Vernon Historic District. Subject to the Midtown Special Benefits District Surcharge Tax.
List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, May 9th & ends Tuesday, May 14th, 2024 at 1:00 pm. Introducing the exclusive Preston Street Lofts, an exceptional investment opportunity nestled in the vibrant heart of Baltimore. This premier apartment complex with ground floor retail boasts stainless steel appliancesâincluding refrigerators, ranges, microwaves, and dishwashersâcomplemented by stunning granite countertops, soft-close cabinetry, and new hardwood flooring. The design elegance extends to double vanity bathrooms and expansive 9-foot ceilings across a variety of uniquely crafted floorplans, with the 2-bedroom units featuring the luxury of dual entryways. Each unit has their own washer/dryer. Heating and cooling are provided by mini split systems. Each unit is separately metered for gas and electric. Each unit has access control which includes a key fob and keypad/intercom for visitors at the front entrance. The property is Lead Free. Strategically located within short walking distance to key Baltimore landmarks such as The University of Baltimore and the Maryland Institute College of Art. A CityLink bus stop directly in front of the building provides swift bus transportation to the renowned Inner Harbor, Inner Harbor East, Federal Hill, Canton and countless other neighborhoods. Penn Station, only two blocks away, offers convenient access to those who commute to Washington DC, Philadelphia or New York City. Preston Street Lofts offers unparalleled access to Baltimore City's rich cultural tapestry and beyond. Just blocks from your investment, a world of entertainment unfolds. From quaint dining experiences and local art galleries to the thriving performing arts scene, Preston Street Lofts promises not just a property, but a lifestyle investment. The property is even conveniently located across the street from a Starbucks. Don't miss out on the chance to make a landmark investment in one of Baltimore's most promising locales. **Current Gross Monthly Scheduled Rent of $17,418** **Current Annual Gross Scheduled Rent of $209,016** ***Potential for new ownership to increase rents to current market conditions*******Potential for monthly rent income of $18,962*******Potential for annual rent income of $227,546****The property has approximately 5 years left of CHAP credit on the real estate taxes. See CHAP letter in the document section. Luxury 13 unit building with 12 apartment units and 1 ground floor retail unit. Rent Roll: Unit 1: Studio apartment currently rented for $1,000/month Unit 2: Studio apartment currently rented for $1,050/month - move in 3/29/24 Unit 3: Studio apartment currently rented for $1,100/month Unit 4: Studio apartment currently rented for $1,250/month Unit 5: 2 Bedroom apartment currently rented for $1,599/month - move in 3/31/24 Unit 6: Studio apartment currently rented for $1,050/month Unit 7: Studio apartment currently rented for $1,050/month Unit 8: 2 bedroom apartment currently rented for $1,550/month Unit 9: Studio apartment currently rented for $1,135/month Unit 10: Studio apartment currently rented for $1,149/month Unit 11: Studio apartment currently rented for $885/month Unit 12: Studio apartment currently rented for $900/month Unit 13: Ground floor commercial unit currently leased for $3,700/month Note about commercial tenant: While the tenant has a robust restaurant business, it is important to note that they have a flourishing food truck business that needed more kitchen space. The need for more space for the food truck business was the catalyst for the leasing of this unit. This ensures the tenant has a well rounded revenue stream that is more resilient than a stand alone restaurant operator only.
Welcome to 2400 Pennsylvania Ave., a gem nestled in the dynamic Penn North Neighborhood of Baltimore, Maryland 21217. Boasting 13,000 sq.ft. of space, this mixed-use building stands as a beacon of potential, offering a canvas for visionary developers to leave their mark on the city skyline. Key Features: Location: Situated in the vibrant Penn North Neighborhood, this property enjoys proximity to major amenities, transportation hubs, and attractions, ensuring convenience and accessibility for residents and businesses alike. Versatile Layout: With its mixed-use configuration, this building presents a myriad of possibilities. The ground floor offers expansive commercial space, ideal for retail outlets, offices, or eateries, while multiple floors above provide ample room for residential units. Grant Opportunities: Take advantage of the property's strategic location within enterprise and opportunity zones. These designations unlock access to a plethora of government grants, tax incentives, and financial subsidies, providing a substantial boost to your development project's feasibility and profitability. Development Potential: Whether you envision revitalizing the commercial space, creating affordable housing options, or implementing innovative design concepts, the possibilities are endless. Leverage grant money to enhance your project's scope and impact while maximizing your return on investment. Why Invest: Financial Incentives: With the opportunity to leverage grant money from enterprise and opportunity zones, this property offers a rare chance to minimize financial risk and maximize returns. Community Impact: By investing in this development opportunity, you'll not only generate profits but also contribute to the revitalization and growth of the Penn North Neighborhood, fostering economic prosperity and community well-being. Future Growth Potential: Positioned in a strategic location within Baltimore, this property is poised to benefit from ongoing urban development initiatives and increasing demand for mixed-use spaces in thriving urban centers. Don't miss out on this exceptional opportunity to make your mark on Baltimore's landscape while capitalizing on the potential for financial incentives. Schedule a viewing today and unlock the possibilities that await at 2400 Pennsylvania Ave.!
POST AUCTION/BUY NOW: 2 Story (Rehab Ready!) Storefront located in the Druid Heights area .PRIME LOCATION- BLOCKS to Druid Hill Park & its many attractions- including The Maryland Zoo, Rawlings Conservatory, Druid Lake, Mondawmin Mall as well as Coppin State University & Liberty Medical Center. Easy Access to Major Traffic Artery, MD Route I (W North Ave) Vacant property in need of major repairs & renovations. $10,000 deposit.
𥡠Motivated owner can sell with negotiable Price! 𥡠$10,000 lender credit (Eligibility Required) Brand New Remodel! Sale As-Is Winterized and restaurant equipment, All NEW! Grab Easy Cash Now! Ground Floor profitable restaurant already rent out for $4000/month sure income, Second Floor Accommodation for Rent or Airbnb. It's a Cash-Generating Marvel! Owner Desperate for Cash, Preferring Cash Buyers! Secure This Golden Chance for Risk-Free Profit! Don't Miss Out! Want to have a showingï¼ Please contact Leila Lai needs 24 hours in advance notice.
Back on the market! Appraisal done. Serious Inquiries Only. 3-story building with a usable basement, fenced parking lot for 20-25 cars, in addition to street parking. 1 bay door. Elevator Shift, Renovation needed. Zoned B-2-2 for commercial and/or residential. Mins from Harbor East, Johns Hopkins, downtown, highways. Development in the area. "As is". Approx: 13,000 sq ft. Possible Uses: Mixed-use, apartments, offices, warehouse, fitness center, grocery store, restaurant, and much more. Front and Side Entrances. Attached parking lot included - currently being rented on a month to month. Call for more information.
Beautiful spacious multi-zoned building in the heart of Baltimoreâs center city area with newly installed floors throughout. 923 N Calvert is zoned commercial, residential and multi-unit with four levels approx 1400 sq feet per level. Impressive high 20 foot ceilings , large windows , roof has been inspected and new LVP flooring recently installed throughout. Previously used as a law firm, this space is perfectly suited as Commercial with off street parking and a parking lot in the back of building to fit up to 10 cars. Renovations for a multi-unit residential home would require adding in kitchens and wall separation for bedrooms, currently there is a nice-sized kitchenette located on the bottom level. Each floor has a half bath and is equipped with its own HVAC unit. Incredibly located with walking distance to the harbor. See MLS# MDBA2118370 for Residential Listing.
One-of-a-kind opportunity to own a historic 4.5 level, 8 bedroom, 7.5 bath, over 12,000 sq. foot brownstone in Mt. Vernon, zoned commercially, currently used as a residence. Extremely well appointed, absolutely immaculate from top to bottom, wrought iron on all windows and doors, marble flooring, ceramic tile and hardwoods throughout. Full size elevator, 3 car garage, gated (brand new opener) off street private parking for 2 additional cars. Crown molding throughout, gourmet kitchen with Viking appliances. Enjoy your morning coffee in your own private court yard. Whole house Kohler Power Systems generator, central vac, 400-amp service, 5 heating zones. Theater room on 2nd floor, several additional sitting areas, fully finished basement with bar, family room, full bathroom, 2 storage areas, mechanical room for elevator, industrial sinks, in the laundry area, additional refrigerators. This home will not disappoint with the preserved charm and character of yesteryear yet every modern-day amenity you could dream of! SELLER WILL CONSIDER OWNER FINANCING WITH ACCEPTABLE TERMS.
This recently renovated building in Fells Point offers a light-filled retail storefront on the ground floor, ideal for showcasing your retail or professional business. The upstairs space includes additional office area with rough ins to add a kitchen (if needed), creating a versatile mixed-use property with separate entrance that could be used for a second professional business and shared space. Notable features include two half bathrooms, one on each floor, and the potential for dry basement storage attached to the retail/professional store front. There are new split systems for precise heating and cooling control in both main spaces. This property is well-equipped for various business needs and offers a modern feel in a historic setting. Seller willing to consider private seller financing for suitably qualified buyers.
List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins Wednesday, May 29th, 2024 & ends Monday, June 3rd, 2024 at 1:00PM. Improved by a 40,482+/- SF commercial/industrial building. The property has a recently completed Phase 1 showing zero environmental conditions that require action.â The report is available upon request. The building sits on a 1.69 +/- acre lot. The building comprises a significant amount of class B office space, a large paved yard for parking or industrial activity as well as warehouse space with drive-in and 18 wheeler load height bays. The property is zoned IMU-1 (Industrial Mixed-Use). The owner is working on a 12 month sale/lease back agreement at $15,000/mth. Additional photos are available.
***EXCELLENT C3 2nd FLOOR OFFCE CONDO ON North CRAIN HWY PERFECT GOR INVESTOR OR USER*** Conveniently located unit has solid Tenant to provide secure investment opportunity. Near Rts 2, 97, and 695. Current owner did leasehold improvements several years ago and has recently replaced the HVAC and Water Heater... Excellent CAP RATE !! Contact Listing Agent for more details, as well as, obtaining confirmation to make showing appointments. GREAT Opportunity for the 1st Time or Seasoned Investor. Old Photos to be Updated by 1/25 !!
Discover an exceptional investment opportunity in the heart of Mid-Town Belvedere with this beautifully renovated 5-unit property. Boasting a prime location within walking distance to premier dining, shopping, and transportation options, this property is primed to deliver solid positive cash flow for discerning investors. Comprising five spacious one-bedroom, one-bathroom apartments, this property offers a harmonious blend of modern comfort and historic charm. Residents will appreciate the tranquility of the enclosed rear brick patio, along with the convenience of a two-car garage and ample basement storage. Maintaining its historic character, the building showcases charming architectural details including a sweeping staircase, high ceilings, marble fireplace mantles, large windows, and hardwood floors. Units are individually-metered for electric and thoughtfully designed, with in-unit washer/dryer facilities and kitchens featuring granite countertops, stainless steel appliances, and quality cabinetry. There's also additional value-add opportunity to bill back water expenses to tenants in the future. Select units are further enhanced with dishwashers, disposals, and built-in microwaves, catering to the desires of contemporary living. Notably, Apartment #2 boasts a kitchen made for cooking and entertaining, with ample space, stainless steel appliances, and generous granite countertops. Bedrooms offer ample storage and closet space, while bathrooms feature modern vanities and elegant ceramic finishes.
This is one of three commercial properties. they were used as convenience store and barber shop and retail. Great investment to renovate and rent or demolish all and build a new structure. The Price is for 2730 only. Property is Boarded up can see it from outside.
This is one of three commercial properties. they were used as convenience store and barber shop and retail. Great investment to renovate and rent or demolish all and build a new structure. The Price is for one 2734 only. The property is boarded up. You can go and check it from outside.
This is one of three commercial properties. they were used as convenience store and barber shop and retail. Great investment to renovate and rent or demolish all and build a new structure. The Price is for one 2736 only. Can be seen from outside, boarded up.
