$135,000
$75,000
80.0%For more information regarding the value of a property, please contact us for a free consultation.
1,800 SqFt
SOLD DATE : 05/31/2024
Key Details
Sold Price $135,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $75
MLS Listing ID MDBA2120810
Sold Date 05/31/24
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $2,962
Tax Year 2023
Lot Size 1,920 Sqft
Acres 0.04
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 Roman’s 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.
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Other
Accessibility None
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0309134013B039
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
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Bought with Charles N Billig • A.J. Billig & Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "