$866,250
$500,000
73.3%For more information regarding the value of a property, please contact us for a free consultation.
21,985 SqFt
SOLD DATE : 08/29/2024
Key Details
Sold Price $866,250
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 21,985 sqft
Price per Sqft $39
Subdivision Highlandtown
MLS Listing ID MDBA2130506
Sold Date 08/29/24
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $8,803
Tax Year 2024
Lot Size 0.323 Acres
Acres 0.32
Property Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Tuesday, July 30, 2024. Live On Site Auction - Thursday, August 1, 2024 at 11:00 AM. List price is opening bid only. $75,000 certified fund deposit is required to bid. Masonry warehouse building – constructed in 1900 and containing 22,985 square feet of gross building area, according to public tax records. The building is believed to have been built in two phases, each of which later than 1900. The building is arranged for warehouse and basic storage, having been operated by Felco Packaging Specialists for most of the past 80 years. Features include three phase electric, new roof (2022) and drive-in dock loading.
4001 E. Baltimore Street comprises a roughly 22,000 square foot industrial building in southeast Baltimore City. Surrounding businesses include Mid Atlantic Baking, Hazlo International Foods, Kelco, Monument City Brewing, Urban Axes and many others. Comprehensive redevelopment projects in the immediate area include the King Cork & Seal property, Highland Forge Community and Highlandtown Plaza Co-Op. An array of other projects are in various stages of completion throughout the Haven Street corridor south to Boston Street and the port. Proximity to both Johns Hopkins East Baltimore and Bayview campuses, the ports, I-895, I-95 and Downtown Baltimore make the site extremely attractive for different types of use or comprehensive redevelopment. The property is also located within an Enterprise Zone, providing property and employment tax incentives. The auction provides an opportunity to purchase a property in a high demand, high-development oriented area with substantial upside potential.
Location
State MD
County Baltimore City
Zoning I-2
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 18.0
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 18
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0326156279 009
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
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Bought with Charles N Billig • A.J. Billig & Company