$450,000
$450,000
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10,000 SqFt
SOLD DATE : 12/30/2021
Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $45
Subdivision Woodmere
MLS Listing ID MDBA525648
Sold Date 12/30/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $5,730
Tax Year 2021
Lot Size 0.552 Acres
Acres 0.55
Property Description
BUY NOW: Investment Highlights: - 10,000 square foot, multi-tenant industrial building - 12,000 square foot fenced open lot - Building can be subdivided to accommodate more tenants and increase cash flow - Large inter city site for future development - Zoning is one of the highest industrial uses - Potential Strong Cash Flow The 10,000 square foot building was constructed in 1960 of cinder block, steel and siding. The building consists of 3 contiguous buildings that can be rented separately or as one unit. The Property sits on a 22,000 square foot lot. The Property, situated in the Woodmere neighborhood (Within the Pimlico Area), is in the middle of a primarily commercial district with access to main arteries, public transportation and a large potential customer base for potential tenants. Development projects have been springing up in close proximity to the Property making this a unique opportunity to acquire assets like 5225 Fairlawn for mid-size future development opportunities and significant cash flow potential in the short term. Property is Vacant. Purchaser is responsible for obtaining possession of property. 10% Buyers Premium. $20,000 Deposit must be tendered at the time of sale. Deposit to Be increased to 10% of Total Purchase Price Within 72 Hours.
Location
State MD
County Baltimore City
Zoning I-2
Interior
Hot Water Other
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility Other
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0328014539 045
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Adam M Shpritz • Ashland Auction Group LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
3801 Kennett Pike Suite D200, Greenville, Delaware, 19807, United States