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5330 Reisterstown Road

BALTIMORE, MD 21215
  • $125,000
  • STATUS: Active
  • ON SITE: 9 Days
  • ID#: MDBA2048706
UPDATED: 8 min ago
$125,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1949
County:

School Ratings & Info

Description

** LIST PRICE IS OPENING BID ONLY ** TIMED ONLINE AUCTION! Pre-Auction offers will be considered. Auction registration & bidding begins Saturday, July 9th @ 2:00pm and ends Thursday, July 14th @ 2:00pm. $10,000 Deposit in order to participate in the auction and a Deposit of 10% of the Purchase Price is due from the winning Bidder within ONE BUSINESS DAY of the conclusion of the auction. Exceptional opportunity to purchase a spacious one-story retail oriented commercial building well-located in the heart of the Woodmere community of Baltimore City with road frontage along highly trafficked Reisterstown Road. The building was previously used as a retail dry cleaning business and it is well-suited for an owner/user or an investor looking for a commercial building with an excellent footprint, high visibility and easy access. The property is zoned C-2, Community Commercial District and contains 0.16 +/- acres (7,187 +/- sq. ft.) of land area which is served by all utilities. The parcel enjoys approximately 41' of frontage along Reisterstown Road and approximately 150' of frontage along Aquarium Place. The building is vacant, predominantly unfinished and contains approximately 5,250 +/- sq. ft. of above-grade building area. The property is also improved by a macadam paved parking area in front. The front portion of the building is heated by a forced air system and cooled by a central air conditioning system. The central and rear portions of the building are heated by space heaters. The building contains two restrooms and a roll-up door in the rear (facing Aquarium Place). Economic Incentives: The subject property may be eligible for a number of financial incentive programs based on its location in: Economic Incentive Area + Enterprise Zone + Grocery Store Incentive Area + Neighborhood Impact Investment Fund (NIIF). Please refer to the Baltimore Development Corporation web site for more information and other financial incentives. Diligence documents including a copy of a plat and the purchase and sale agreement are available for review on the auctioneer's website. Thank you for your interest!

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ultimate Selling Team at eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-06-26T21:49:57.027.
www.ultimatesellingteam.com/homes/129947222
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5330 Reisterstown Road BALTIMORE, MD 21215

  • Price: $125,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 8 min ago
  • ID#: MDBA2048706
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1949
Built
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
** LIST PRICE IS OPENING BID ONLY ** TIMED ONLINE AUCTION! Pre-Auction offers will be considered. Auction registration & bidding begins Saturday, July 9th @ 2:00pm and ends Thursday, July 14th @ 2:00pm. $10,000 Deposit in order to participate in the auction and a Deposit of 10% of the Purchase Price is due from the winning Bidder within ONE BUSINESS DAY of the conclusion of the auction. Exceptional opportunity to purchase a spacious one-story retail oriented commercial building well-located in the heart of the Woodmere community of Baltimore City with road frontage along highly trafficked Reisterstown Road. The building was previously used as a retail dry cleaning business and it is well-suited for an owner/user or an investor looking for a commercial building with an excellent footprint, high visibility and easy access. The property is zoned C-2, Community Commercial District and contains 0.16 +/- acres (7,187 +/- sq. ft.) of land area which is served by all utilities. The parcel enjoys approximately 41' of frontage along Reisterstown Road and approximately 150' of frontage along Aquarium Place. The building is vacant, predominantly unfinished and contains approximately 5,250 +/- sq. ft. of above-grade building area. The property is also improved by a macadam paved parking area in front. The front portion of the building is heated by a forced air system and cooled by a central air conditioning system. The central and rear portions of the building are heated by space heaters. The building contains two restrooms and a roll-up door in the rear (facing Aquarium Place). Economic Incentives: The subject property may be eligible for a number of financial incentive programs based on its location in: Economic Incentive Area + Enterprise Zone + Grocery Store Incentive Area + Neighborhood Impact Investment Fund (NIIF). Please refer to the Baltimore Development Corporation web site for more information and other financial incentives. Diligence documents including a copy of a plat and the purchase and sale agreement are available for review on the auctioneer's website. Thank you for your interest!
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On StreetParking Lot Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5250.00 Cooling Central A/C Heating Forced AirSpace Heater Heating YN Yes Net Square Feet 5250.00

Property Features

Accessibility Features 2+ Access Exits Assessment Year 2022 Business Type Other/General Retail Central Air YN Yes Cooling Fuel Electric Heating Fuel Other Hot Water Electric Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 801638666458 Ownership Interest Fee Simple Possession Settlement Property Sub Type Retail Sale Type Auction Sewer Public Sewer Tax Annual Amount 3552.00 Tax Assessment Amount 149500.00 Tax Lot 008J Vacation Rental YN No Water Source Public Zoning C-2

Listing courtesy of Alex Cooper Auctioneers, Inc..


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ultimate Selling Team at eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-06-26T21:49:57.027.
 
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