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List price to be opening bid. Online registration & bidding begins Thursday, October 7th and ends Tuesday, October 12th at 1:00PM. DEVELOPMENT OPPORTUNITY: Freestanding 3,172 sq. ft. Building Adjoining a Public Park Near Johns Hopkins Hospital, Including Kitchen Equipment and a 7 Day BWL License. LOCATION: The property is located in the highly sought after Butcher's Hill neighborhood of Baltimore City. It is on the National Register of Historic Places. The neighborhood is comprised of a cross section of residential and commercial properties developed in the late 19th century. The subject property is within a short walking distance of the Johns Hopkins Hospital Campus and the Kennedy Krieger Institute. It is located in an R-8 residential district. According to BMZ2011-00219, the property is permitted to have a tavern/restaurant use on the 1st and 2nd floors. The property is next to Castle Street Park. DESCRIPTION: The property has a frontage of 15' and a depth of 88'9". It is improved by a 2 and 3 story freestanding building that was previously used as a tavern/restaurant. Based on its location, it will also be an ideal use for residential. The State Dept. of Assessment and Taxation indicates a building area of 3,172 sq. ft. The first floor is largely open. The second floor is also open and has a front room used for restaurant seating and a kitchen area. The rear room has windows on three sides overlooking the park. The third level was used as an office/owners apartment. Included in the sale is a 7 Day, Beer, Wine and Liquor License as well as the kitchen equipment, along with a functioning hood. This is an excellent opportunity to either continue the most recent use as a tavern/restaurant or to redevelop the building with a mixed use or strictly residential. It's location next to Castle Street Park provides an excellent setting for this building. Liquor License: 7-Day Class B, Beer, Wine and Liquor License, permits sales for on-premises consumption. The transfer of this liquor license is subject to the approval of the Board of Liquor License Commissioners of Baltimore City as in the case of an original application, and it shall be the sole responsibility of the purchaser to obtain said approval. In addition, in line with the Alcoholic Beverages Article of the Annotated Code of Maryland, any tangible personal property taxes, retail sales, amusement, admission, and/or withholding taxes must be paid to Baltimore City and/or State of Maryland and are to be paid by the purchaser.
Listed by Paul R Cooper of Alex Cooper Auctioneers,Inc.

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