$243,000
$273,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
331-337 N GAY ST Baltimore, MD 21202
20,000 SqFt
Key Details
Sold Price $243,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $12
Subdivision Jonestown Historic District
MLS Listing ID MDBA528492
Sold Date 01/12/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $457
Tax Year 2019
Lot Size 1,375 Sqft
Acres 0.03
Property Description
This property is part of a 5 property assemblage being offered at an online auction on Nov. 10 at 12 pm. The 5 addresses are 331-333, 335 and 337 N. Gay St, 323 & 327 N. High St. The suggested opening bid for the assemblage is $150,000. This is not the offering price, but rather an opening bid. Online registration and bidding begins On Thurs., Nov. 5. LOCATION: The properties are located in the Gay St and Jonestown Neighborhoods of Baltimore City. The properties enjoy easy access to the Johns Hopkins Hospital Campus, Downtown Baltimore, I-83 (Jones Falls Expressway), and the City Waterfront. Public transportation is within walking distance. ECONOMIC BENEFITS: The properties are located in an Opportunity Zone, Enterprise Zone and the Gay St and Jonetown Historic Districts. There are many economic incentives offered to a developer who improves the buildings into a qualified use. The Baltimore Development Corporation, the economic development agency for the City of Baltimore can provide further information about the benefits to a developer. PROPERTY DESCRIPTION: According to the MD State Department of Assessment, the buildings have a combined area of approx. 20,000 sq. ft. The land area comprises 8,386 sq. ft. or 0.19 acre. The three Gay St buildings have a combined road frontage of 92'. 323 and 327 N. High St are separated by 325 N High which is not part of this sale and is separately owned. 323 N. High St is connected to the rear of the 335 N Gay St building. The buildings have not been occupied for many years and require substantial renovation. The properties are believed to be zoned C-1, Neighborhood Business District.
Location
State MD
County Baltimore City
Zoning C-1
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
View City
Roof Type Unknown
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0305041284 019
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Auction
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Bought with Ruma Sikka • Keller Williams Capital Properties
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