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This property will be sold at ONLINE AUCTION. Bidding opens at 12 Noon on Wednesday, July 20, 2022 and closes at 1:00 pm on Friday, July 22, 2022. Large, double-wide, end-of-the-group retail with multiple apartments available on high traffic corner in Remington neighborhood of Baltimore City. The property is currently set up as a specialty retail grocery/convenience store on the main level, upstairs consists of a 1-bedroom unit and a 2-bedroom unit. The main level retail with storage space is approximately 2,100 sq.ft. with a 5-year option lease that has 2 years remaining at $2,000/month. The 2 apartment units upstairs are currently month to month at $700 each, rents have not changed in about a decade!! There is an opportunity to update the units and get top market rents or leave them as-is and adjust rents according to the current market. All units and retail are separately metered with dedicated HVAC. New rubber roof in 2019. Property is occupied. Please schedule all showings online via Showing Time. There is a 7% Buyer's Premium which will be added to the sale price. Buyers and Agents can register online where a complete due diligence package is available for review which includes photos, Neighborhood Scout and more.
Listed by Ronald W. Howard and Jason W Carver of RE/MAX Advantage Realty

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