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842 E Patapsco Avenue, Baltimore, MD 21225
$247,000
842 E Patapsco Avenue, Baltimore, MD 21225View this property at 842 E Patapsco Avenue, Baltimore, MD 21225
842 E Patapsco AvenueBaltimoreMD21225
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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.
Full Property Details
Full Property Details for 842 E Patapsco Ave
General
- Sold For: $247,000
- Taxes: $4,142 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: MDBA2095520
- Added to Site: 278 day(s) ago
Business
- Business Type: Auto Related
Rooms
Bathrooms
- Restrooms: 2
Parking
- Total Spaces: 40
- Parking Features: Private, Surface
- Parking Type: Other
Location
- Municipality: Baltimore City
- County: Baltimore City
- Development Name: Brooklyn
- Subdivision: Brooklyn
- Cross Streets: 9th St
- Driving Directions: Patapsco Ave & 9th St
- Location Details: Urban
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground, Natural Gas Available, Phone Available, Water Available, Sewer Available
Structural Information
- Construction: Block
- Foundation: Slab
- Drive-In Doors: 3
- Drive-In Clearance: 8' to 12'
- Stories/Levels: 0
- Year Built: 1953
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 15,943
- Lot Size Source: Assessor
- Frontage Feet: 135
- Fence: Yes
- Lot Features: Backs to Trees, Corner, Road Frontage
- Zoning: C-2
- Lot Description: Backs to Trees, Corner, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $209.08
- Assessment Year: 2023
- City/TownTax: $3,945
- City/TownTax Freq: Annually
- County Tax: $197
- County Tax Freq: Annually
- Tax w/Assessment: $175,500
- Tax Amount: $4,142
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Permits: No Building Permits
- Inclusions: Vehicles, furniture, fixtures, and equipment.
- Lot Number: 1
Listed by EXIT First Realty, Marcus Ervin
Sold by RE/MAX One Solutions, Lydia A Zache
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Schools
Schools serving 842 E Patapsco Ave
School District:Baltimore City Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
300 Pontiac Ave, Baltimore, MD 21225 | PK-8 | 0.5 mi | |
1300 Gorsuch Ave, Baltimore, MD 21218 | PK-5 | 6 mi | |
1201 Cambria St, Baltimore, MD 21225 | 9-12 | 0.3 mi | |
1100 Covington St, Baltimore, MD 21230 | 9-12 | 2.9 mi | |
1400 Orleans St, Baltimore, MD 21231 | 9-12 | 4.2 mi | |
100 N Calhoun St, Baltimore, MD 21223 | 9-12 | 4.4 mi | |
1500 Harlem Ave, Baltimore, MD 21217 | 9-12 | 4.9 mi | |
1301 McCulloh St, Baltimore, MD 21217 | 9-12 | 5 mi | |
100 Kane St, Baltimore, MD 21224 | 9-12 | 5.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 842 E Patapsco Ave
Date
Details
Price
Change
Source
1/18/2024
Sold
$247,000
-29.43%
MLS
10/04/2023
Price Reduced
$350,000
-36.36%
MLS
8/13/2023
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
842 E Patapsco Avenue, Baltimore, MD 21225 (MLS# MDBA2095520) is a Commercial property that was sold at $247,000 on January 18, 2024. Want to learn more about 842 E Patapsco Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.