Property Attributes
- MLS#MDBA2120810
- TypePending
- CountyBALTIMORE CITY
- CityBaltimore
- Zip21218
- StyleSupermarket/Grocery Store,/General Retail
- Year Built1950
- Taxes$ 2962
- Price$ 75,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1800
- Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, May 6, 2024. Live On Site Auction - Tuesday, May 7, 2024 at 11:00 AM. List price is opening bid only. 931 E. 22nd Street is located in the East Baltimore Midway neighborhood in East Baltimore. Positioned between Greenmount Avenue and Harford Road, North Avenue and 25th Street, East Baltimore Midway is in the heart of Baltimore City. The surrounding area is a mix of educational facilities, recreation buildings and townhomes, with a number of commercial and industrial businesses in close proximity. The make up of the surrounding community provides a significant consumer base for businesses of all types. The property is also located within a Federal Opportunity Zone, providing substantial tax incentives for buyers looking to allocate investment funds. The property has been operated as Romans Food Market for a number of decades. The business is well-known to those who live and work nearby. Seller provided information indicates that the business is grossing approximately $500,000 per year. The auction provides a great opportunity for a user to purchase an ongoing business with the real estate. The asset also has ample potential for redevelopment or leasing.
Price History | |
---|---|
4/11/2024 | Listed $75,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air |
Cooling | Central A/C |
Possession | Immediate |
Roof | Other |
Zoning | R-8 |
Construction Materials | Brick |
Year Built | 1950 |
Property SubType | Retail |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Auction Location | On Site & Simulcast Online |
Auction Type | Subject To Seller Confirmation |
Business Type | Supermarket/Grocery Store,Other/General Retail |
Accessibility | None |
County | BALTIMORE CITY |
New Construction | No |
Property Type | Commercial Sale |
Water Access Y/N | No |
Property Use | Owner User |
Status | PENDING |
Directions | Near Kirk Avenue |
ModificationTimestamp | 2024-05-07T12:05:13 |
City | BALTIMORE |
Buyer Agent Compensation | 1 |
Auction Time | 11:00 AM |
Disclosures | None |
Lot Size Square Feet | 1920.00 |
Tax Assessed Value | 125500.0 |
Waterfront Y/N | No |
Street Name | 22ND |
Tax Annual Amount | 2962.0 |
Price Per Sq Ft | 41.67 |
Vacation Rental Y/N | No |
Days on Market | 27 |
Standard Status | Pending |
Year Built Source | Estimated |
Legal Subdivision | Ward 9 |
Tax Lot | 039 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Hot Water | Electric |
Heating Y/N | Yes |
Street Suffix | STREET |
Central Air Y/N | Yes |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | None |
Land Use Code | C |
Water View Y/N | No |
Building Area Total | 1800.00 |
Lot Size Acres | 0.04 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 15300.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
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