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List price is Opening Bid at the Online auction to be conducted on Auctioneers website. - Auction ends Thursday, March 20, 2025 at 12:00 PM. In Cooperation with Orin Luke of Fairfax Realty Premier. Improved Commercial Building currently NNN leased to Sakura Cafe Carry Out IV 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 accessible by its own entrance including 2 bedrooms and 1 full bathroom. The lower level is unfinished with storage and utilities. Features Include: Wood type floors & Tile throughout property. Tenant has been occupying the property since July 1, 2023. They are currently in year 2 of 5 year term. The rent increases by 5% annually throughout the term of the lease. Base rent will be $61,261 annually by 2028. Tenant is responsible for Utilities, Maintenance and Real Property Taxes. *Current Monthly Rent of $4,200***Current NNN Annual Rent of $50,400**
| DAYS ON MARKET | 7 | LAST UPDATED | 3/5/2025 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1920 |
| COUNTY | BALTIMORE CITY | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| CONSTRUCTION | Brick |
| HEAT | Central, Electric |
| LOT | 1307 sq ft |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 480 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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