Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, October 7, 2024. Live On Site Auction - Wednesday, October 9, 2024 at 11:00 AM. List price is opening bid only. $20,000 deposit in certified funds required to bid. 4106-4108 Frederick Avenue comprises a stately stone front former bank building along Irvingtons commercial corridor in southwest Baltimore. Originally platted as 4102, 4104, 4106 and 4108 Frederick Avenue, the lots were merged to create the 55 front former bank building that exists on the site currently. The building is vacant and needing renovation, providing a significant opportunity for redevelopment. C-1 zoning provides for commercial, residential and mixed-uses, giving a broad level of options for what development could be accomplished. One large storefront, multi-tenanted commercial, retail on the first floor and apartments on upper floors, or institutional use, may all be considered to optimize leasing income or owner-occupied use of the site, all in a convenient location with good exposure. The auction provides an opportunity to purchase a property with an impressive facade, good provenance within the community and significant development potential.
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0.12ACRES
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01/2 BATHS
Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, October 7, 2024. Live On Site Auction - Wednesday, October 9, 2024 at 11:00 AM. List price is opening bid only. $20,000 deposit in certified funds required to bid. 4106-4108 Frederick Avenue comprises a stately stone front former bank building along Irvingtons commercial corridor in southwest Baltimore. Originally platted as 4102, 4104, 4106 and 4108 Frederick Avenue, the lots were merged to create the 55 front former bank building that exists on the site currently. The building is vacant and needing renovation, providing a significant opportunity for redevelopment. C-1 zoning provides for commercial, residential and mixed-uses, giving a broad level of options for what development could be accomplished. One large storefront, multi-tenanted commercial, retail on the first floor and apartments on upper floors, or institutional use, may all be considered to optimize leasing income or owner-occupied use of the site, all in a convenient location with good exposure. The auction provides an opportunity to purchase a property with an impressive facade, good provenance within the community and significant development potential.
©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AJ Team Realty | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-03T12:54:59.727.