2510 E MONUMENT ST Open House

Baltimore,MD 21205

$ 150000

- Bed

- Bath

0 SqFt


OPEN HOUSE

Tue Mar 18, 12:30pm - 12:30pm 

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Milton-Montford

MLS Listing ID MDBA2158600

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $960

Tax Year 2024

Lot Size 910 Sqft

Acres 0.02

Property Sub-Type Mixed Use

Property Description

List price is Opening Bid at the Online auction to be conducted on Auctioneers website. - Auction ends Thursday, March 20, 2025 at 11:00 AM. Improved Commercial Building currently NNN leased to Sakura Cafe Carry Out II on the main level including a take out counter, full restaurant kitchen, walk in cooler, stove, deep fryers etc. There is also a half bathroom on the main level. The upper level is improved by 2 bedrooms and 2 full bathrooms. Features Include: Separate meters for 1st & 2nd level, Wood type floors & Tile throughout property, Each bedroom upstairs has a ductless mini split. Tenant has been occupying the property since November 1, 2022. They are currently in year 3 of 5 year term. The rent increases by 5% annually throughout the term of the lease. Base rent will be $58,344 annually in 2027. Tenant is responsible for Utilities, Maintenance and Real Property Taxes.**Current Monthly Rent of $4,410** **Current NNN Annual Rent of $52,920**

Location

State MD

County Baltimore City

Zoning C-1

Interior

Hot Water Electric

Heating Other

Cooling Central A/C,Ceiling Fan(s)

Heat Source Natural Gas

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 0307171625 067

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Auction

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