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Online auction to be conducted on Auctioneers website! List Price is Opening Bid Only! Online Auction Only! Bidding begins Thursday, March 14 & ends Tuesday, March 19, 2024 at 11:00 am. Property Description: The property has 25' frontage on N. Charles St and a depth of 150'. It has rear access on Morton St. The total lot area is 3,750 sq. ft. or 0.086 acre. It is improved by a 4-level commercial building recently used as a bar/lounge. The building area is approx. 6,650 sq. ft. according to the Maryland Dept. of Assessment and Taxation. The first floor is designed for a bar/lounge with an enclosed patio in the rear. The lower level is primarily finished and is used as a kitchen and storage for the bar/lounge. The 2 upper levels are substantially improved into various rooms and includes bathrooms. Many improvements were completed after a 2020 fire damaged a portion of the building. There was a new roof installed as well as heating and air conditioning units. The Building is currently occupied by a long term tenant whose lease expires on June 30, 2024. The most current monthly base rental is $8,694.56/month. The tenant also pays real estate taxes and insurance. The purchaser has the opportunity to renegotiate a new lease or occupy the building on July 1, 2024. The tenant wishes to renew. The Building can be redeveloped into a variety of commercial and residential uses. Refer to the link for the Baltimore City zoning guide for a list of potential uses. The property is in a C-2, Community Commercial Zone. It allows for a variety of residential, institutional and commercial uses. Pages 447-450 of the Baltimore City Zoning Code document, lists Permitted (P) and Conditional (CB & CO) Uses. The Live Neighborhood site describes Mt. Vernon as follows: "Mount Vernon in Central Baltimore offers some of the best conveniences of urban living. The lively neighborhood is close to cultural amenities, dining, nightlife and shopping. Living spaces include single-family Victorian rowhomes, carriage houses, condos, apartments and several high-rises. Residents enjoy having a wide array of art, entertainment and services just steps from their front doors. Residents enjoy having a front-row view each year to the annual lighting of the Washington Monument."

Property Details of 930 N Charles Street

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Listed by Paul R Cooper of Alex Cooper Auctioneers,Inc.

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