Baltimore, MD 21215,5225 FAIRLAWN AVE
Baltimore, MD 21215,5225 FAIRLAWN AVE
Baltimore, MD 21215,5225 FAIRLAWN AVE
Baltimore, MD 21215,5225 FAIRLAWN AVE
Baltimore, MD 21215,5225 FAIRLAWN AVE
Baltimore, MD 21215,5225 FAIRLAWN AVE
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$450,000

$450,000

Est.Price: ?

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Est. payment /mo

10,000 SqFt


SOLD DATE : 12/30/2021

Key Details

Sold Price $450,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $45

Subdivision Woodmere

MLS Listing ID MDBA525648

Sold Date 12/30/21

HOA Y/N N

Originating Board BRIGHT

Year Built 1960

Annual Tax Amount $5,730

Tax Year 2021

Lot Size 0.552 Acres

Acres 0.55

Property Description

BUY NOW: Investment Highlights: - 10,000 square foot, multi-tenant industrial building - 12,000 square foot fenced open lot - Building can be subdivided to accommodate more tenants and increase cash flow - Large inter city site for future development - Zoning is one of the highest industrial uses - Potential Strong Cash Flow The 10,000 square foot building was constructed in 1960 of cinder block, steel and siding. The building consists of 3 contiguous buildings that can be rented separately or as one unit. The Property sits on a 22,000 square foot lot. The Property, situated in the Woodmere neighborhood (Within the Pimlico Area), is in the middle of a primarily commercial district with access to main arteries, public transportation and a large potential customer base for potential tenants. Development projects have been springing up in close proximity to the Property making this a unique opportunity to acquire assets like 5225 Fairlawn for mid-size future development opportunities and significant cash flow potential in the short term. Property is Vacant. Purchaser is responsible for obtaining possession of property. 10% Buyers Premium. $20,000 Deposit must be tendered at the time of sale. Deposit to Be increased to 10% of Total Purchase Price Within 72 Hours.

Location

State MD

County Baltimore City

Zoning I-2

Interior

Hot Water Other

Heating Forced Air

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Waterfront N

Water Access N

Accessibility Other

Parking Type On Street

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0328014539 045

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Adam M Shpritz • Ashland Auction Group LLC
Bought with Adam M Shpritz • Ashland Auction Group LLC
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7466 New Ridge Road Suite 1, Hanover, MD, 21076

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