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Marjorie Dick Stuart

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1700 W Pratt St, BALTIMORE, MD – $499,000

  • $499k Price
  • 6,100 Sqft
  • .11 Acres
  • 185 DOM
  • $499k Price
  • 6,100 Sqft
  • .11 Acres
  • 185 DOM

1700 W Pratt St

Turnkey Commercial Rental Opportunity - Updated and fully leased commercial building located in the "Union Square" area of Baltimore City with a Gross Scheduled Annual Rent of $68,640. The 0.1 +/- acre property is zoned C-1 (Neighborhood Business District) and is served by public water and public sewer. The parcel is improved by a 6,100 +/- sq. ft., two-story masonry building and a rear macadam parking lot. First Floor: The first floor of the building is leased to a day care provider for $4,120 per month plus charges. The tenant's move-in date was July 1, 2018 and the lease ends June 30, 2023. The floorplan includes a front reception area, numerous classrooms/playrooms/nursery, commercial kitchen, utility/storage room and two restrooms (including a multiple toilet/vanity "toddler" restroom). Finishes for this floor include tile and carpet floors, drywall walls, drop-tile ceilings and fluorescent and recessed lighting. Second Floor: The second floor of the building is leased to a church for $1,600 per month plus charges. The tenant's move-in date was November 19, 2019. The lease term is five years with two five-year options. The floorplan includes a large open area, two offices and four restrooms (including a multiple toilet/vanity "toddler" restroom). Finishes for this floor include tile floors, drywall, concrete block and pegboard walls, drop-tile ceilings and fluorescent lighting. The building was built on a slab so it does not include a basement level. Each floor (tenant) has their own gas fired forced air heating system and central air conditioning system. The building includes one gas meter, one electric meter and one water meter. The Landlord pays the electric, gas and water/sewer bills, then is reimbursed by tenants on a pro-rata basis. SELLER WILL CONSIDER OWNER FINANCING FOR QUALIFIED BUYERS.

Essential Information

  • MLS® #MDBA493586
  • Price$499,000
  • Bathrooms0.00
  • Square Footage6,100
  • Acres0.11
  • Year Built1960
  • TypeCommercial Sale
  • Sub-TypeSpecial Purpose
  • StatusActive

Community Information

  • Address1700 W Pratt St
  • CityBALTIMORE
  • CountyBALTIMORE CITY-MD
  • StateMD
  • Zip Code21223

Interior

  • HeatingForced Air
  • CoolingCentral A/C

School Information

  • DistrictBALTIMORE CITY PUBLIC SCHOOLS

Additional Information

  • Date ListedDecember 4th, 2019
  • Days on Market185
  • ZoningC-1

Listing Details

  • OfficeAlex Cooper Auctioneers, Inc.
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Price Change History for 1700 W Pratt St, BALTIMORE, MD (MLS® #MDBA493586)

Date Details Price Change
Price Reduced $499,000 $50,900 (9.26%)
Price Reduced $549,900 $49,100 (8.20%)
Price Increased (from $250,000) $599,000 $349,000 (139.60%)

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Long & Foster | Christie's are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2020.

Listing information last updated on June 5th, 2020 at 4:20am CDT.