2400 Pennsylvania Avenue
Baltimore, MD, 21217 $ 375,000
Baths0.0 Sq 13,499 Monthly Estimate*
$ 2,492
Studio
for $375,000. This 13,499 square foot building was built in 1920 on a lot size of 0.12.
Welcome to 2400 Pennsylvania Ave., a gem nestled in the dynamic Penn North Neighborhood of Baltimore, Maryland 21217. Boasting 13,000 sq.ft. of space, this mixed-use building stands as a beacon of potential, offering a canvas for visionary developers to leave their mark on the city skyline. Key Features: Location: Situated in the vibrant Penn North Neighborhood, this property enjoys proximity to major amenities, transportation hubs, and attractions, ensuring convenience and accessibility for residents and businesses alike. Versatile Layout: With its mixed-use configuration, this building presents a myriad of possibilities. The ground floor offers expansive commercial space, ideal for retail outlets, offices, or eateries, while multiple floors above provide ample room for residential units. Grant Opportunities: Take advantage of the property's strategic location within enterprise and opportunity zones. These designations unlock access to a plethora of government grants, tax incentives, and financial subsidies, providing a substantial boost to your development project's feasibility and profitability. Development Potential: Whether you envision revitalizing the commercial space, creating affordable housing options, or implementing innovative design concepts, the possibilities are endless. Leverage grant money to enhance your project's scope and impact while maximizing your return on investment. Why Invest: Financial Incentives: With the opportunity to leverage grant money from enterprise and opportunity zones, this property offers a rare chance to minimize financial risk and maximize returns. Community Impact: By investing in this development opportunity, you'll not only generate profits but also contribute to the revitalization and growth of the Penn North Neighborhood, fostering economic prosperity and community well-being. Future Growth Potential: Positioned in a strategic location within Baltimore, this property is poised to benefit from ongoing urban development initiatives and increasing demand for mixed-use spaces in thriving urban centers. Don't miss out on this exceptional opportunity to make your mark on Baltimore's landscape while capitalizing on the potential for financial incentives. Schedule a viewing today and unlock the possibilities that await at 2400 Pennsylvania Ave.!
See more
Commercial ActiveFlex,/General Retail,Supermarket/Grocery Store,War
FeaturesInteriorHeating Fuel Natural Gas
Flooring Concrete Tile/Brick Hardwood Ceramic Tile
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
Total Restrooms 3
Entry Level 1
See more
GeneralSewer Public Sewer
Heating Radiator
Cooling Central A/C
Utilities Electric Available Natural Gas Available Sewer Available Water Available
Possession Settlement
Roof Flat
Zoning OR-1*
Security Features Security Gate
Construction Materials Brick Masonry
Year Built 1920
Property SubType Mixed Use
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Flex Other/General Retail Supermarket/Grocery Store Warehouse Apartment Building
Accessibility Other
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Subdivision Name PENN NORTH
Possible Use Apartments Commercial Convenience Store Distribution Flex Space Food Market Industrial Mixed Use Multi-Family Office Retail Warehouse Vacant
Water Access Y/N N
Status ACTIVE
Directions GPS
City BALTIMORE
Buyer Agent Compensation 500
Total Units 1
Lot Size Square Feet 5284.00
Waterfront Y/N N
Street Name PENNSYLVANIA
Tax Annual Amount 6849.0
Price Per Sq Ft 27.89
Acceptable Financing Cash Conventional Exchange Seller Financing Private
Historic Y/N N
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 55
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 15
Tax Lot 001
Buyer Agent Compensation Type $
Association Recreation Fee N
See more
ExteriorParking Features Public
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Building Area Total 13446.00
Lot Size Acres 0.12
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 36900.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList ByR.E. Shilow Realty Investors, Inc.Broker
eadesloverealestate@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,492
- Monthly Property Taxes
- $571
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% 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 $696,318
Percent of Sale Price 86%
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 |
---|
5/8/2024 | $375,000 | -6.25% | Price Down |
4/27/2024 | $400,000 | -20.00% | Price Down |
3/14/2024 | $500,000 | | Listed Price |