CHARIS REALTY GROUP

1736 W NORTH AVENUE

BALTIMORE, MD 21217

MLS#: MDBA2158620

$99,000

Status: Closed
Listing number: MDBA2158620
Listing provided by: Alex Cooper Auctioneers, Inc.
Listing agent phone: None
Last update: 1 year, 1 month ago
On site: 1 year, 4 months ago
Browse Properties
NONE AVAILABLE - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

N/A

List price is Opening Bid Only at the Online auction to be conducted on Auctioneers website. Auction ends Thursday, April 24, 2025 at 12:00 PM. In Cooperation with Orin Luke of Fairfax Realty Premier. Excellent Investment Opportunity Leased Commercial Building in the "Penn North" Neighborhood of Baltimore City. This upgraded mixed-use commercial property is a cash-flowing asset with built-in rental growth and minimal landlord responsibilities. The tenant has been in place since July 1, 2023, and is in year two of a five-year term, with 5% annual rent increases locked in—projected to reach $58,344 annually by 2028. Tenant is responsible for Utilities, Maintenance and Real Property Taxes and Insurance. **Current Monthly Rent of $4,200**Current NNN Annual Rent of $50,400** Currently leased under a solid NNN lease to Sakura Cafe Carry Out IV, the main level features a fully equipped restaurant with a take-out counter, commercial kitchen, walk-in cooler, stove, deep fryers and a half bathroom. They also have access to the basement - which has storage space and utilities. The upper level is accessible by its own entrance including 3 bedrooms and 1 full bathroom. Ideal for added rental income, staff housing, or office conversion. Features Include: Stylish wood-style and tile flooring flow throughout the building. Washer & Dryer. Inquire within to secure a turnkey property with reliable income and long-term upside! Please contact Carley Cooper or Orin Luke ‬ to schedule a walkthrough for the following dates. Saturday, April 5, 2025, Sunday, April 6, 2025, Saturday, April 12, 2025, Sunday, April 13, 2025.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,307

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $99,000

  • Tax Amount

    $480

  • Financing Options

    Cash

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    035

  • Water Source

    Public

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BALTIMORE CITY

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Listing Courtesy of Carley R. Cooper , Alex Cooper Auctioneers, Inc.

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Agent Brooke Fox

AGENT

Brooke Fox

Call Brooke today to schedule a private showing.

(301) 980-0469

brookefoxrealty@gmail.com


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List price is Opening Bid Only at the Online auction to be conducted on Auctioneers website. Auction ends Thursday, April 24, 2025 at 12:00 PM. In Cooperation with Orin Luke of Fairfax Realty Premier. Excellent Investment Opportunity Leased Commercial Building in the "Penn North" Neighborhood of Baltimore City. This upgraded mixed-use commercial property is a cash-flowing asset with built-in rental growth and minimal landlord responsibilities. The tenant has been in place since July 1, 2023, and is in year two of a five-year term, with 5% annual rent increases locked in—projected to reach $58,344 annually by 2028. Tenant is responsible for Utilities, Maintenance and Real Property Taxes and Insurance. **Current Monthly Rent of $4,200**Current NNN Annual Rent of $50,400** Currently leased under a solid NNN lease to Sakura Cafe Carry Out IV, the main level features a fully equipped restaurant with a take-out counter, commercial kitchen, walk-in cooler, stove, deep fryers and a half bathroom. They also have access to the basement - which has storage space and utilities. The upper level is accessible by its own entrance including 3 bedrooms and 1 full bathroom. Ideal for added rental income, staff housing, or office conversion. Features Include: Stylish wood-style and tile flooring flow throughout the building. Washer & Dryer. Inquire within to secure a turnkey property with reliable income and long-term upside! Please contact Carley Cooper or Orin Luke ‬ to schedule a walkthrough for the following dates. Saturday, April 5, 2025, Sunday, April 6, 2025, Saturday, April 12, 2025, Sunday, April 13, 2025.

1736 W NORTH AVENUE

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