1236 W Pratt Street
Baltimore, MD, 21223 $ 650,000
Baths0.0 Sq 4,332 Monthly Estimate*
$ 4,540
Studio
for $650,000. This 4,332 square foot building was built in 1920 on a lot size of 0.12.
Amazing Investment Property: Prime Location for Automotive Service Business. This exceptional investment opportunity is situated at a high-traffic corner on Pratt Street, strategically positioned at the intersection of Hollins Market, Union Square, and Washington Village. Directly across from the bustling Mount Clare Junction Shopping Mall and less than 1.5 miles from I-95, I-395, and I-295, this property offers unparalleled accessibility. The property features an impressive 4,332 square feet of above-ground space, comprising a 3 Bay Garage, a 1 Bay Garage, a Front Office, an Upstairs Office, and a Leased Tire Shop. Additionally, there is extra office/flex space previously utilized as a dance studio situated above the Tire Shop. With parking for 11+ vehicles and entrances from both Pratt and Carey Streets, this space is designed to accommodate the needs of a thriving, high-volume vehicle repair shop or other automotive businesses. Noteworthy amenities include high bay ceilings, zoned central air, two bathrooms, and four 10,000lb Vehicle Lifts (available for separate purchase). The property consists of two parcels, 1234 W Pratt St and 1236 W Pratt St, being sold together. Both sale and lease options are available. The leasing space includes the 3 Bay Garage, 1 Bay Garage, Front Office, and Upstairs Office for $6,500 per month, while the Tire Shop is currently leased for $2,500 per month. Whether you're an Owner Operator seeking a prime location or an investor looking to capitalize on cash flow through leasing, this property presents a compelling opportunity. Don't miss out schedule your tour today!
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FeaturesInteriorHeating Fuel Natural Gas
Flooring Concrete
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Settlement
Roof Rubber Flat
Zoning R-8
Construction Materials Brick
Exclusions 4 vehicle lifts. ( model 10K0H-HW 10 BP =10 000 lb.) Sold separately.
Year Built 1920
Property SubType Retail
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Auto Related
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Located at intersection of Carey and Pratt St. One block passed Mt. Clair Junction Shopping Mall and across the street from the Section 8 housing offices.
City BALTIMORE
Buyer Agent Compensation 2.5
Zoning Description Commercial Automotive
Total Units 2
Lot Size Square Feet 5140.00
Waterfront Y/N N
Street Name PRATT
Tax Annual Amount 2811.0
Property Condition Good
Price Per Sq Ft 150.05
Acceptable Financing Conventional
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 96
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 18
Tax Lot 018
Buyer Agent Compensation Type % Of Gross
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ExteriorParking Features Paved Parking Private
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 4332.00
Lot Size Acres 0.12
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 82200.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Bymyhome@lazarz-lynch.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,540
- Monthly Property Taxes
- $234
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Baltimore, MD
Average List Price $722,088
Percent of Sale Price 11%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/7/2024 | $650,000 | | Listed Price |