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** LIST PRICE IS OPENING BID ONLY ** TIMED ONLINE AUCTION! Pre-Auction offers will be considered. Auction registration & bidding begins Saturday, July 9th @ 2:00pm and ends Thursday, July 14th @ 2:00pm. $10,000 Deposit in order to participate in the auction and a Deposit of 10% of the Purchase Price is due from the winning Bidder within ONE BUSINESS DAY of the conclusion of the auction. Exceptional opportunity to purchase a spacious one-story retail oriented commercial building well-located in the heart of the Woodmere community of Baltimore City with road frontage along highly trafficked Reisterstown Road. The building was previously used as a retail dry cleaning business and it is well-suited for an owner/user or an investor looking for a commercial building with an excellent footprint, high visibility and easy access. The property is zoned C-2, Community Commercial District and contains 0.16 +/- acres (7,187 +/- sq. ft.) of land area which is served by all utilities. The parcel enjoys approximately 41' of frontage along Reisterstown Road and approximately 150' of frontage along Aquarium Place. The building is vacant, predominantly unfinished and contains approximately 5,250 +/- sq. ft. of above-grade building area. The property is also improved by a macadam paved parking area in front. The front portion of the building is heated by a forced air system and cooled by a central air conditioning system. The central and rear portions of the building are heated by space heaters and two gas fired steam boilers. The building contains two restrooms and a roll-up door in the rear (facing Aquarium Place). Economic Incentives: The subject property may be eligible for a number of financial incentive programs based on its location in: Economic Incentive Area + Enterprise Zone + Grocery Store Incentive Area + Neighborhood Impact Investment Fund (NIIF). Please refer to the Baltimore Development Corporation web site for more information and other financial incentives. Diligence documents including a copy of a plat and the purchase and sale agreement are available for review on the auctioneer's website. Thank you for your interest!

Property Details of 5330 Reisterstown Rd

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Listed by Nicola M Luciani of Alex Cooper Auctioneers,Inc.

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