1700 W Pratt St, BALTIMORE


0 Beds
0 Baths
6,100 Sqft
.11 Acres
0 Garages

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
Square Footage6,100
Year Built1960
TypeCommercial Sale
Sub-TypeSpecial Purpose
Community Information
Address1700 W Pratt St
Zip Code21223
HeatingForced Air
CoolingCentral A/C
School Information
Additional Information
Listing Details
OfficeAlex Cooper Auctioneers, Inc.
Property History
Price Reduced from $599,000 to $549,900
Price Increased from $250,000 to $599,000

Get directions to this property:

Bright Logo© 2019 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 The Verdant Companies participates, and is provided by BRIGHT through a licensing agreement.Real estate listings held by brokerage firms other than The Verdant Companies are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.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.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. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. All listing information copyright Bright 2020.

Listing information last updated on April 5th, 2020 at 11:15am EDT.