For more information regarding the value of a property, please contact us for a free consultation.
331-337 N GAY ST Baltimore, MD 21202
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
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
Read Less
Bought with Ruma Sikka • Keller Williams Capital Properties