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    4902 Ritchie Highway

    BALTIMORE, MD 21225
    • $100,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: MDAA465552
    Open House
    UPDATED: 68 min ago
    $100,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    Description

    TIMED ONLINE AUCTION! List Price is Opening Bid only. Registration & bidding begins Friday, May 21st @ 2:00pm and ends Wednesday, May 26th @ 2:00pm. $10,000 Deposit in order to participate in the auction and a Deposit of 10% of the Purchase Price is due from the winning Bidder within ONE BUSINESS DAY of the conclusion of the auction. Viewings of the first floor and basement may be scheduled through the auction house or your agent using the "Showing Time" service, but access to the second floor will be limited to an organized guided tour which will take place on: Wednesday, May 19th promptly at 1:00pm. Face Masks and Social Distancing/Limited Grouping will be required for participation. This is an exceptional opportunity to purchase a mixed use building located in the Brooklyn Park area of Anne Arundel County, near the City-County line. The property has 50' of highly visible road frontage along Ritchie Highway, is zoned C3 (General Commercial District), and is served by public water and sewer. According to the MD Department of Assessments and Taxation the property is improved by a detached building which contains 2,340 +/- sq. ft. of above grade building area. The property is also improved by a fenced rear concrete parking pad. Unit 1 - Commercial Unit (1st floor - VACANT): Contains a front entry/reception area, offices, kitchenette, rear storage room, one half-bath and one full bath. The unit was previously rented for $1,300 per month. Unit 2 - Residential Unit (2nd floor - OCCUPIED): Currently rented for $1,100/month which is paid in full by the Anne Arundel County Department of Social Services. The unit contains an eat-in kitchen, three bedrooms, a full bathroom and stair access to the attic. Basement: The basement is full and partially finished. It contains several rooms and storage/utility areas along with a half-bath, a full bathroom and two sump pumps. Access is provided by a private front entrance, along with a private rear entrance accessed from the fenced backyard and rear parking pad. There is no interior access to this portion of the building. ** Gross Scheduled Monthly Rent: $1,100 ** Gross Scheduled Annual Rent: $13,200 ** Gross Potential Monthly Rent: $2,400 (Based on full occupancy and a market rent of $1,300 per month for the first floor commercial space) ** Gross Potential Annual Rent: $28,800 (Based on full occupancy and a market rent of $1,300 per month for the first floor commercial space). The units are self-contained and heated by their own individual gas fired forced air heating systems and cooled by their own individual central air conditioning systems. There are three electric meters and two gas meters. Please contact auctioneer for access to diligence documents including a copy of the residential lease, lead certificate and the purchase and sale agreement. Pre-Auction offers will be considered. Thank you for having a look!

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    ©2021 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 LoCoMusings | Century 21 Redwood 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: 2021-05-13T19:52:44.773.
    www.locomusings.com/homes/116276278
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    4902 Ritchie Highway BALTIMORE, MD 21225

    • Price: $100,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: MDAA465552
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1940
    Built
    County:
    Anne Arundel
    School District:
    Anne Arundel County Public Schools
    Property Description
    TIMED ONLINE AUCTION! List Price is Opening Bid only. Registration & bidding begins Friday, May 21st @ 2:00pm and ends Wednesday, May 26th @ 2:00pm. $10,000 Deposit in order to participate in the auction and a Deposit of 10% of the Purchase Price is due from the winning Bidder within ONE BUSINESS DAY of the conclusion of the auction. Viewings of the first floor and basement may be scheduled through the auction house or your agent using the "Showing Time" service, but access to the second floor will be limited to an organized guided tour which will take place on: Wednesday, May 19th promptly at 1:00pm. Face Masks and Social Distancing/Limited Grouping will be required for participation. This is an exceptional opportunity to purchase a mixed use building located in the Brooklyn Park area of Anne Arundel County, near the City-County line. The property has 50' of highly visible road frontage along Ritchie Highway, is zoned C3 (General Commercial District), and is served by public water and sewer. According to the MD Department of Assessments and Taxation the property is improved by a detached building which contains 2,340 +/- sq. ft. of above grade building area. The property is also improved by a fenced rear concrete parking pad. Unit 1 - Commercial Unit (1st floor - VACANT): Contains a front entry/reception area, offices, kitchenette, rear storage room, one half-bath and one full bath. The unit was previously rented for $1,300 per month. Unit 2 - Residential Unit (2nd floor - OCCUPIED): Currently rented for $1,100/month which is paid in full by the Anne Arundel County Department of Social Services. The unit contains an eat-in kitchen, three bedrooms, a full bathroom and stair access to the attic. Basement: The basement is full and partially finished. It contains several rooms and storage/utility areas along with a half-bath, a full bathroom and two sump pumps. Access is provided by a private front entrance, along with a private rear entrance accessed from the fenced backyard and rear parking pad. There is no interior access to this portion of the building. ** Gross Scheduled Monthly Rent: $1,100 ** Gross Scheduled Annual Rent: $13,200 ** Gross Potential Monthly Rent: $2,400 (Based on full occupancy and a market rent of $1,300 per month for the first floor commercial space) ** Gross Potential Annual Rent: $28,800 (Based on full occupancy and a market rent of $1,300 per month for the first floor commercial space). The units are self-contained and heated by their own individual gas fired forced air heating systems and cooled by their own individual central air conditioning systems. There are three electric meters and two gas meters. Please contact auctioneer for access to diligence documents including a copy of the residential lease, lead certificate and the purchase and sale agreement. Pre-Auction offers will be considered. Thank you for having a look!
    Exterior Features

    Construction Materials MasonryStuccoFrame Garage YN No Parking Features SurfacePrivatePaved ParkingFenced Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 2340.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 2340.00

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Business Type Hair Salon And SpaProfessionalOther Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 304566900922 Ownership Interest Fee Simple Possession SettlementSubject To Existing Lease Property Sub Type Mixed Use Sale Type Auction Section I Sewer Public Sewer Tax Annual Amount 3234.00 Tax Assessment Amount 280700.00 Tax Lot 3 Vacation Rental YN No Water Source Public Zoning C3

    Listing courtesy of Alex Cooper Auctioneers, Inc..


    ©2021 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 LoCoMusings | Century 21 Redwood 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: 2021-05-13T19:52:44.773.
     
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