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$ 60,000
Est. payment /mo
Pending
1200 E 20TH ST Baltimore, MD 21218
1,040 SqFt
UPDATED:
02/20/2025 07:06 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Pending
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $57
MLS Listing ID MDBA2155912
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $1,116
Tax Year 2024
Lot Size 2,844 Sqft
Acres 0.07
Property Sub-Type Industrial
Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Friday, February 14th & ends Wednesday, February 19, 2025 at 11:30 am. An investment opportunity awaits with this 1,040 +/- Sq. Ft. building located in the East Baltimore Midway neighborhood. It is located on the corner of E. 20th St. & Aisquith St. The lot has a triangle design with a total of 2,844+/- sq. ft., according to SDAT. There is a high fence to the left of the front of the building, and goes all the way to the back side of the property.
The property is tenant occupied:
Current Gross Monthly Rent: $1,350 (starting Feb. 1st)
Current Gross Annual Rent: $16,200
According to the lease the rent will increase 4% per year; tenant pays all utilities including gas & electric, water, sewer service. Refer to the lease for the full description. In the first picture, the orange container to the right of the building is not part of the property.
Zoning: I-1
Light Industrial Zoning. Light manufacturing, fabricating, processing, wholesale distributing and warehousing uses. The zoning information is from TransForm Baltimore Zoning Code, Map Legend & Zoning District Summary.
LOCATION: The area surrounding the property includes many other similar zoned properties, commercial properties and some residential. There are transportation routes in and out of the area including Rt. 40, Harford Rd., Broadway, Greenmount Ave., E. 25th St. and more.
The property is tenant occupied:
Current Gross Monthly Rent: $1,350 (starting Feb. 1st)
Current Gross Annual Rent: $16,200
According to the lease the rent will increase 4% per year; tenant pays all utilities including gas & electric, water, sewer service. Refer to the lease for the full description. In the first picture, the orange container to the right of the building is not part of the property.
Zoning: I-1
Light Industrial Zoning. Light manufacturing, fabricating, processing, wholesale distributing and warehousing uses. The zoning information is from TransForm Baltimore Zoning Code, Map Legend & Zoning District Summary.
LOCATION: The area surrounding the property includes many other similar zoned properties, commercial properties and some residential. There are transportation routes in and out of the area including Rt. 40, Harford Rd., Broadway, Greenmount Ave., E. 25th St. and more.
Location
State MD
County Baltimore City
Zoning I-1
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 15.0
Water Access N
Accessibility None
Total Parking Spaces 15
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0309134011A030
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
Listed by Larry E Cooper • Alex Cooper Auctioneers, Inc.
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