1209 N Charles St #b,BALTIMORE, MD 21201
BALTIMORE, MD 21201
Description
AUCTION POSTPONED!! List price is opening bid only. Also being auctioned - Units A & C. Units to be offered both individually and as an entirety. Online Bidders - Deposit/Escrow Agreement must be received prior to the start of the live auction. 1209 N. Charles Street Units A, B & C comprises three separately owned retail condominium units in Twelve09 Condominium in Midtown-Belvedere. The three street level units are part of an expansive mixed-use complex north of Mount Vernon and 3 blocks south of Penn Station. The property is surrounded by the University of Baltimore and the Maryland Institute College of Art (MICA). Unit A is 100% occupied, leased to Starbucks, Chipotle, Smoothie King and Subway on NNN leases with 3 18-year remaining terms (including options). Current scheduled annual rents are $206,584.44 plus percentage rent (Subway). Units B and C (a/k/a 1207 N. Charles Street) are vacant. Gross building area for all 4 units is approximately 14,000 square feet. By square footage, the assemblage is 42% occupied.
Details
| MLS # | MDBA2161892 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2007 |
| Days On Site | 88 |
| Listing Provided By | A.J. Billig & Company | Charles N Billig |
Features
| Story(s) | 5 |
|---|---|
| Units | 2 |
| Zoning | C-2 |
| Water Front | Yes |
Interior
| Cooling | Other |
|---|---|
| Heating Yes / No | Yes |
| Heating | Other |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|
Market Activity 21201
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Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21201 |
| Area | BALTIMORE CITY MD |
| Community Name | MOUNT VERNON |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in MOUNT VERNON) | |
Price: $300,000 low | high Med: $199,925 On site: 88 low | high Med: 12.000000 | |
