510 S Monroe St - Warehouse FOR SALE


Baltimore, MD 21223- Pratt Monroe
$900,000 USD
202-804-0292
510 S Monroe St, Baltimore, MD for Sale
$900,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

510 S Monroe St
Baltimore, MD 21223
Pratt Monroe


HIGHLIGHTS

  • Amazing re-development opportunity in the Enterprise Zone with many tax benefits
  • Great Location, 3 minutes off of I-95 and walking distance to Carroll Park.

OVERVIEW

BRING AN OFFER - DO NOT MISS THIS AMAZING OPPORTUNITY TO RE-IMAGINATION. - THIS 85,875 Sq Ft WAREHOUSE -Plus 12 Residential Lots Ready for Redevelopment - In the Enterprise Zone - Many Tax Benefits - Great Location, 3 minutes off of I-95 and walking distance to Carroll Park. Call today for more Information. Don't miss this one. Value Proposition: This Warehouse could be converted to residential housing like rowhomes, condos, senior living, multi-generational living with retail on the bottom like a grocery store, coffee shop, drug store or a restaurant. The location is easily accessed; 4 minutes off of I-95 and walking distance to Carroll Park. It is a great site just waiting to be reimagined. It could also be a good candidate for self-storage like a CubeSmart. It was originally The Royal Furniture store and warehouse from the 1800's. Solid brick construction. It is a real steal at $900,000.00 for 85,875 sq ft of warehouse space. The surrounding land, a large parking lot, 12 residential lots and a small wooden warehouse could all be a great site for more rowhomes. Lots of possibilities plus it is in the Enterprise Zone. Lots of good tax benefits from the City.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$10 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.71

LAND SF

30,928

ZONING

I-1

APN/PARCEL ID

0704-021

ASK ABOUT THIS PROPERTY

David AdebayoDMV Real Estate AdvisorsMore Info
202-804-0292

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David AdebayoDMV Real Estate AdvisorsMore Info
202-804-0292

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.