2047 E Monument StBaltimore, MD 21205MLS Number MDBA2003558

  • Price: $2,650
  • 100 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
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2047 E Monument St Baltimore MD 21205
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  • 0.03Acreage
  • 1900Year Built
  • 1Price Per Square Foot
  • 1Units

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RAW COLD SHELL-The seller is motivated to either sell or lease this building to a group that will want to complete the construction for their own purposes. This building is in a great location for retail or restaurant, near Hopkins complex on E. Monument St , one half block from the Northeast Market. It was in terrible condition when the current owner bought it to transform into a restaurant during the pandemic. The interior has been completely gutted from the basement to the roof rafters, and the walls have been rebuilt as needed, repointed, shorn up, etc. There is new sub-flooring on all levels, there is a new, larger extension to the rear of the building, exterior concrete has been laid in the alleyway and the back of the building, a new steel security door at the rear, repurposed wrought iron gates for the alley, two new smaller roofs for the new extensions, new siding at main level extension at the rear, new windows at the front second and third floors, and much more. The building has planning engineering drawings that have been permitted/approved by the city for a restaurant. The building is a blank slate, currently in RAW cold shell shape, ready for a new owner to complete. Although planning permission has been received for a restaurant on the first two levels and an office on the top floor, the new owner can ask for permit permission on a variety of uses. None of the systems have been installed for that reason, as configurations will change based on use. This building was purchased with ground rent allegedly in place, but the current owner has been trying to redeem it for almost two years through the title company that settled the property. The ground rent holder has not responded, and the State of Maryland has issues with allowing redemption because the building is listed as commercial rather than residential, and they say they can only redeem through the State if the ground rent is residential. All that is being fought, and the current owner is still trying to redeem it. The building is in RAW shape and can only be entered at your own risk, and only with the owner and/or owner and lister accompanying. There is no electric, so it is dark.
Listed by Carole S LeVine of Realty Executives Premier

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More Info

Basic Information

  • Broker NameRealty Executives Premier
  • Date Available07/31/2021
  • List Price$2,650
  • LocationTypeBusiness District
  • MLS NumberMDBA2003558
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot1
  • Security FeaturesSecurity Gate
  • StatusACT
  • Units1
  • Vacation Rental YNN

Property

  • Acreage0.03
  • Business TypeFlex, Other/General Retail, Professional, Restaurant/Bar, Other
  • Leasable Area2151
  • Lot Size SourceAssessor
  • Lot Size Square Feet1,271
  • New Construction YNN
  • Property ConditionMajor Rehab Needed
  • Property SubTypeRetail
  • ZoningC-3 OR C-1

Water Body

  • Tidal Water YNN
  • Water AccessN
  • Water View YNN
  • WaterfrontN

Tax Information

  • City Town Tax2842
  • City Town Tax Payment FrequencyAnnually

Location

  • Address2047 E Monument St
  • Building Number2047
  • CountyBaltimore City
  • DirectionsE. Monument St to location on right, next to Hopkins credit union bldg and before Northeast Market by half a block.
  • In City Limits YNY
  • IncorporatedcitynameBaltimore City
  • StateMD
  • TownBaltimore
  • Water Oriented YNN
  • Zip21205

Interior

  • FlooringRough-In

Utilities

  • Central Air YNN
  • CoolingNone
  • ElectricOther
  • Heat SystemNone
  • Heating FuelNone
  • SewerNo Sewer System
  • UtilitiesNone
  • Water HeaterNone
  • Water SourceNone

Other

  • Current UseCommercial
  • ExclusionsN/A
  • Ground Rent Exists YNY
  • Ground Rent Yrs Left99
  • View Count2

Parking

  • Assigned Parking Spaces
  • Parking TypesOn Street

Basic Information

  • Date Listed07/08/2021

Building

  • Building Area Total2151
  • Construction MaterialsBrick, Combination, Concrete, Mixed
  • Entry Level1
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Stories4
  • Total Garage And Parking Spaces
  • Year Built1900
  • Year Built Effective2021

Exterior

  • RoofComposite

Property Information

  • Municipal Trash YNN

Amenities

  • Accessibility AmenitiesNone
  • Other AmenitiesBasement

Baltimore, MD Demographics

There is no data available

Baltimore, MD Real Estate Market Data

There is no data available

Baltimore, MD Schools

School NameDistanceTypeGrades
RE/MAX Realty Group - Gaithersburg
RE/MAX Realty Group - Gaithersburg
Office: 301-258-7757
6 Montgomery Village Avenue
STE200
Gaithersburg, MD 20879

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