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List price to be opening bid. Online Auction Only! Bidding begins Saturday,September 25th & ends Thursday,September 30th,2021 @ 12:00pm. Location: Ideally located adjacent to the Charles St corridor,the neighborhood features a large number of apartment buildings,restaurants,and storefronts. At 216 N. Liberty is a newly built 71 unit apartment building known as L on Liberty,Baltimore. Within a block is the Historic St. Paul's Church Rectory built in 1789. Directly across the street is Two Charles Center which is a pair of residential towers 27 and 30 stories. Two blocks south is the new “super block” development. Also nearby is the Baltimore Gas and Electric Building which has been converted into luxury apartments. The Market Center Merchants Association is very active in this part of the Downtown neighborhood,which has a walk score of 99 and a transit score of 87. Site and Improvements: The property has approx. 24' frontage on Liberty St. for a total land area of 1,459 sq. ft. It is located in a C-5-HT,Commercial Zone,Downtown Historic and Traditional Subdistrict,that allows for retail,office and residential. It is improved by a 4-level building containing approx. 4,148 +/- sq. ft. of building area. The building also includes a loft area above the 4th level with an office. It is very well maintained and recently updated. It presents many opportunities to take advantage of the high concentration of nearby apartments. The current monthly rental is $3,350/month for an annual scheduled rent of $40,200. The first two levels provide direct access from the street level. All offices and work areas have upgraded windows and abundant natural light. The ground floor is approximately 1,016 SF and includes a large display window,open space with separate street entrance,exit to rear courtyard area and 1 restroom. The first floor is approximately 1,070 SF and includes a large reception area,conference room,copy room,kitchen,2 offices and 1 restroom. The second floor is approximately 978 SF and includes two large offices,break room with kitchenette,a work/reception area and 1 restroom. The third floor is approximately 953 SF and includes 2 offices,a work/reception area and 1 restroom. The loft space is approximately 131 SF and is an naturally lit open area which can be used as an office or storage area. Recent Improvements include: • New LED panel lighting • Upgraded air conditioning with independent blowers and thermostats on each floor • New Carpet and repainted throughout • New high grade PVC flat white drop ceilings • New 5G alarm system
Listed by Paul R Cooper of Alex Cooper Auctioneers,Inc.

Listing Sold by Alex Cooper Auctioneers, Inc.

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