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ONLINE AUCTION: Bidding begins 7/17/2023 @ 10:00 AM. Bidding ends 7/19/2023 @ 7:00 PM. List Price is Suggested Opening Bid. Deposit: $50,000. ATTENTION INVESTORS HUGE INDUSTRIAL OPPORTUNITY! 3 Buildings and a LARGE adjacent fenced-open lot located in the Woodmere neighborhood (Within the Pimlico Area). The Property is in the middle of a primarily commercial district, just minutes away from the Pimlico Race Course, and includes access to main traffic arteries such as Reisterstown Road. The Property sits on a 22,000 square foot lot, and is partially rented. Property is currently being used for auto repair and auto storage. See below for more information regarding tenancy, rental income, and Property details. Investment Highlights: -Comprised of 5 lots -Lots 41, 42, 43, 44, 45 (click our documents tab to view highlighted plat) -10,000 square foot, multi-tenant industrial building -12,000 square foot fenced open lot -Property is currently being used for auto repair and auto storage Rental Information: Scheduled Monthly Rental Income: $8,200/mo Scheduled Yearly Rental Income: $98,400/yr -Property is Partially Rented Property Information: Fenced Lot: -Partially Rented for $1,600/month - Tenant is Not Current on Rent Building #1: -Rented for $2,600/month (includes part of the fenced lot) -Tenant is Current on Rent -Largest Building Building #2: -Vacant -Scheduled Rent: $1,500/month -Smaller Building Building #3: -Vacant -Scheduled Rent: $2,500/month -Smaller Building

Property Details of 5225 Fairlawn Avenue

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Listed by Adam M Shpritz of Ashland Auction Group LLC

Listing Sold by Exit Results Realty

Copyright 2025 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which RE/MAX Realty Group/100 participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated January 21, 2025. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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