804 N Franklintown Rd - Warehouse FOR SALE


Baltimore, MD 21216- Franklintown Road
$325,000 USD
410-206-3522
804 N Franklintown Rd, Baltimore, MD for Sale
$325,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

804 N Franklintown Rd
Baltimore, MD 21216
Franklintown Road


HIGHLIGHTS

  • Absolute to the highest bidder over $280,000.
  • 804 N Fanklintown Road is a prime Baltimore redevelopment opportunity.
  • Close to MARC Train and major highways.
  • The site has frontage on two streets, multiple curb cuts, and great access to several of Baltimore’s most significant commuter routes.

OVERVIEW

804 N. Franklintown Road comprises a 55,176-square-foot industrial building on 0.758 acre in West Baltimore, near Hilton Parkway, the West Baltimore MARC train station, Gwynns Falls – Leakin Park and about 2.5 miles north of I-95. The site has frontage on two streets, multiple curb cuts, and great access to several of Baltimore’s most significant commuter routes. The sale presents an opportunity to purchase a large asset and renovate or fully redevelop for a variety of potential uses. The property is located in the Franklintown Road Neighborhood in West Baltimore. Gwynns Falls – Leakin Park binds the west side of the neighborhood. Penrose is to the south, Winchester to the north and Mosher to the East. US-40 (Edmondson Avenue/W. Franklin Street) is located two blocks south, and the West Baltimore MARC train station is about one mile east along US-40. Hilton Parkway is one-half mile west, providing excellent access north and south. Surrounding properties are a mix of religious, residential, commercial and senior living uses. For more information about the area, please visit: Neighborhoods – livebaltimore.com CityView Map – cityview.baltimorecity.gov Community Development Map – cels.baltimorehousing.org The lot size is irregularly shaped, comprising 0.758 acres, more or less. Known as Block 2481 lot 003 and 804-816 N. Franklintown Road on Baltimore City Tax records. Fronts approximately 140' on N. Franklintown Road and 260' on Borcher Lane (20' rear alley street). Large front curb cut to loading docks, front parking pads, and potential rear parking. All public utilities. The site is zoned R-8 Residential – vacant, formerly approved for a warehouse. For more information about zoning, please visit: Department of Planning – planning.baltimorecity.gov IMPROVEMENTS: Adjoining structures of one, two, and three stories – comprise a total of 55,176 square feet of gross building area constructed in 1940, according to public tax records. Masonry structure. Two front-loading docks. The property is in poor condition, missing portions of the roof, and has a vacant building notice. TITLE: In fee simple, sold free and clear of all liens. TAXES: Current annual real estate taxes are $2,933.48 based on a full value tax assessment of $124,300. SUMMARY TERMS OF SALE: Please see the contract of sale for complete terms.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$6 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.68

LAND SF

29,548

ZONING

R-8

APN/PARCEL ID

2481-003

ASK ABOUT THIS PROPERTY

Charles BilligA.J. Billig & Co. AuctioneersMore Info
410-206-3522

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Charles BilligA.J. Billig & Co. AuctioneersMore Info
410-206-3522

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