Price Reduction - Seller Financing
Address
2400 Pennsylvania Avenue, Baltimore, MD
Price
$ 375,000
Property Attributes
- MLS#MDBA2117818
- TypeCommercial
- CountyBALTIMORE CITY
- CityBaltimore
- NeighborhoodPenn North
- Zip21217
- StyleFlex,/General Retail,Supermarket/Grocery Store,War
- Year Built1920
- Taxes$ 6849
- Price$ 375,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage13499
- Lot Size5,227 SqFt
Data Source:
Bright MLS
Property Description
Welcome to 2400 Pennsylvania Ave., a gem nestled in the dynamic Penn North Neighborhood of Baltimore, Maryland 21217. Boasting 13,000 sq.ft. of space, this mixed-use building stands as a beacon of potential, offering a canvas for visionary developers to leave their mark on the city skyline. Key Features: Location: Situated in the vibrant Penn North Neighborhood, this property enjoys proximity to major amenities, transportation hubs, and attractions, ensuring convenience and accessibility for residents and businesses alike. Versatile Layout: With its mixed-use configuration, this building presents a myriad of possibilities. The ground floor offers expansive commercial space, ideal for retail outlets, offices, or eateries, while multiple floors above provide ample room for residential units. Grant Opportunities: Take advantage of the property's strategic location within enterprise and opportunity zones. These designations unlock access to a plethora of government grants, tax incentives, and financial subsidies, providing a substantial boost to your development project's feasibility and profitability. Development Potential: Whether you envision revitalizing the commercial space, creating affordable housing options, or implementing innovative design concepts, the possibilities are endless. Leverage grant money to enhance your project's scope and impact while maximizing your return on investment. Why Invest: Financial Incentives: With the opportunity to leverage grant money from enterprise and opportunity zones, this property offers a rare chance to minimize financial risk and maximize returns. Community Impact: By investing in this development opportunity, you'll not only generate profits but also contribute to the revitalization and growth of the Penn North Neighborhood, fostering economic prosperity and community well-being. Future Growth Potential: Positioned in a strategic location within Baltimore, this property is poised to benefit from ongoing urban development initiatives and increasing demand for mixed-use spaces in thriving urban centers. Don't miss out on this exceptional opportunity to make your mark on Baltimore's landscape while capitalizing on the potential for financial incentives. Schedule a viewing today and unlock the possibilities that await at 2400 Pennsylvania Ave.!
| Price History | |
|---|---|
| 3/14/2024 | Listed $500,000 |
| 4/27/2024 | 20% - $400,000 |
| 5/8/2024 | 7% - $375,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiator |
| Cooling | Central A/C |
| Utilities | Electric Available,Natural Gas Available,Sewer Available,Water Available |
| Possession | Settlement |
| Roof | Flat |
| Zoning | OR-1* |
| Security Features | Security Gate |
| Construction Materials | Brick,Masonry |
| Year Built | 1920 |
| Property SubType | Mixed Use |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Flex,Other/General Retail,Supermarket/Grocery Store,Warehouse,Apartment Building |
| Accessibility | Other |
| County | BALTIMORE CITY |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | PENN NORTH |
| Possible Use | Apartments,Commercial,Convenience Store,Distribution,Flex Space,Food Market,Industrial,Mixed Use,Multi-Family,Office,Retail,Warehouse,Vacant |
| Water Access Y/N | No |
| Property Use | Owner User |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-05-11T05:13:13 |
| City | BALTIMORE |
| Buyer Agent Compensation | 500 |
| Total Units | 1 |
| Lot Size Square Feet | 5284.00 |
| Tax Assessed Value | 290200.0 |
| Waterfront Y/N | No |
| Street Name | PENNSYLVANIA |
| Tax Annual Amount | 6849.0 |
| Price Per Sq Ft | 27.89 |
| Acceptable Financing | Cash,Conventional,Exchange,Seller Financing,Private |
| Historic Y/N | No |
| Lease Considered Y/N | Yes |
| Vacation Rental Y/N | No |
| Days on Market | 55 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Ward 15 |
| Tax Lot | 001 |
| Buyer Agent Compensation Type | $ |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Concrete,Tile/Brick,Hardwood,Ceramic Tile |
| Hot Water | Natural Gas |
| Total Stories | 3 |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
| Total Restrooms | 3 |
| Entry Level | 1 |
| Clear Span Ceiling Height | 8' to 10',Over 24' |
Exterior Features
| Parking Features | Public |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Land Use Code | C |
| Foundation Details | Brick/Mortar |
| Water View Y/N | No |
| Building Area Total | 13446.00 |
| Lot Size Acres | 0.12 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Total Loading Docks | 1 |
| Land Assessed Value | 36900.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21217
Price
Taxes
Visits
Year Built
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