Claire Davis

Advisor | License ID: 676497

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Listed by Carley R. Cooper • Alex Cooper Auctioneers, Inc.
Bought with Unrepresented Buyer • Unrepresented Buyer Office

$ 217,300

$ 99,000 119.5%

Est. payment -/mo

Sold on 06/06/2025

1736 W NORTH AVE Baltimore, MD 21217

1,307 Sqft Lot

UPDATED:

Key Details

Sold Price $217,300

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID MDBA2158620

Sold Date 06/06/25

Year Built 1920

Annual Tax Amount $480

Tax Year 2024

Lot Size 1,307 Sqft

Acres 0.03

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

List price is Opening Bid Only at the Online auction to be conducted on Auctioneers website. Auction ends Thursday, April 24, 2025 at 12:00 PM. In Cooperation with Orin Luke of Fairfax Realty Premier. Excellent Investment Opportunity Leased Commercial Building in the "Penn North" Neighborhood of Baltimore City. This upgraded mixed-use commercial property is a cash-flowing asset with built-in rental growth and minimal landlord responsibilities. The tenant has been in place since July 1, 2023, and is in year two of a five-year term, with 5% annual rent increases locked in—projected to reach $58,344 annually by 2028. Tenant is responsible for Utilities, Maintenance and Real Property Taxes and Insurance. **Current Monthly Rent of $4,200**Current NNN Annual Rent of $50,400** Currently leased under a solid NNN lease to Sakura Cafe Carry Out IV, the main level features a fully equipped restaurant with a take-out counter, commercial kitchen, walk-in cooler, stove, deep fryers and a half bathroom. They also have access to the basement - which has storage space and utilities. The upper level is accessible by its own entrance including 3 bedrooms and 1 full bathroom. Ideal for added rental income, staff housing, or office conversion. Features Include: Stylish wood-style and tile flooring flow throughout the building. Washer & Dryer. Inquire within to secure a turnkey property with reliable income and long-term upside! Please contact Carley Cooper or Orin Luke ‬ to schedule a walkthrough for the following dates. Saturday, April 5, 2025, Sunday, April 6, 2025, Saturday, April 12, 2025, Sunday, April 13, 2025.

Location

State MD

County Baltimore City

Zoning OR-1*

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility Level Entry - Main

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0315173400 035

Ownership Ground Rent

SqFt Source Estimated

Security Features Main Entrance Lock,Window Grills

Special Listing Condition Auction

Claire Davis

Advisor | License ID: 676497

+1(410) 991-0380

GET MORE INFORMATION