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Key Details
Sold Price $247,000
Property Type Commercial
Sub Type Services
Listing Status Sold
Purchase Type For Sale
Square Footage 1,674 sqft
Price per Sqft $147
Subdivision Brooklyn
MLS Listing ID MDBA2095520
Sold Date 01/18/24
Originating Board BRIGHT
Year Built 1953
Annual Tax Amount $4,142
Tax Year 2022
Lot Size 0.366 Acres
Acres 0.37
Property Description
**EXCEPTIONAL AUTO SERVICE GARAGE INVESTMENT OPPORTUNITY**
Located at 842 E. Patapsco Ave., this property houses a well-established auto service center, a trusted pillar of the Brooklyn community for years. Boasting a spacious building area of around 1,674 sqft, this facility, with origins dating back to 1953, is situated on an expansive 0.366-acre lot (15,943 sqft) zoned C-2, Community Commercial. This prime location is poised to offer a consistent stream of diverse customers from the dynamic blend of residential, commercial, and industrial uses in the Brooklyn neighborhood.
**Investment Potential:**
Operating six days a week, the existing auto service center demonstrates a reliable history of revenue generation capable of sustaining monthly rent ranging from $2500 to $3000. The strategic location and established presence in the community provide an enticing investment prospect, complemented by the property's versatile C-2 zoning that permits a diverse range of uses, including car washes, carry-out food establishments, retail goods sales, and various motor vehicle-related dealership operations, enhancing its investment value.
**Features & Investor Caution:**
The property's existing structure, offering about 1,674 sqft of functional space, encompasses a reception area, three service bays with roll-up doors, and two restrooms. Interior finishes include commercial carpeting, concrete flooring, painted block, sheetrock walls, and drop acoustic panel ceilings.
IMPORTANT NOTICE: The existing operators have NO KNOWLEDGE of the intended sale. IN ANY EVENT, it is imperative that no entities engage in conversations or deliberations regarding the sale at the premises. To visit the property, it is mandatory to coordinate with the listing agent for scheduling. This arrangement is reserved solely for sincere buyers who have executed a confidentiality agreement and substantiated their financial capacity. PLEASE ABSTAIN FROM UNDERTAKING ANY PROPERTY TOURS OR EXPLORATIONS WITHOUT A CONFIRMED AND ARRANGED APPOINTMENT.
**Additional Details:**
The property hosts approximately 40 vehicles on-site, with the owner possessing several titles. The site and all contents will convey as-is. The buyer is responsible for all due diligence, third-party reports, and exploration. The seller and broker make no representations or warranties.
Embrace this extraordinary opportunity to shape a prosperous business in a prime location with a well-established auto service center at its core. Enquire now to uncover the vast potential this property holds.
Location
State MD
County Baltimore City
Zoning C-2
Interior
Hot Water Other
Heating Other
Cooling Window Unit(s)
Heat Source Other
Exterior
Garage Spaces 40.0
Utilities Available Above Ground, Natural Gas Available, Phone Available, Water Available, Sewer Available
Water Access N
Accessibility None
Total Parking Spaces 40
Garage N
Building
Lot Description Backs to Trees, Corner, Road Frontage
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0325067059 001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Other, Conventional
Listing Terms Cash, Other, Conventional
Financing Cash,Other,Conventional
Special Listing Condition Standard
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Bought with Lydia A Zache • RE/MAX One Solutions
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Bob Gauger
Broker Associate | License ID: 312506
Broker Associate License ID: 312506