1200 20Th StBaltimore, MD 21218

This online auction features a 1,040+ square foot commercial building situated on a 2,844+ square foot lot in Baltimore, MD's East Baltimore Midway neighborhood. The property, located at 1200 E 20th St, is zoned I-1 Light Industrial, allowing for light manufacturing, fabrication, processing, wholesale distribution, and warehousing. Currently tenant-occupied, the building generates a gross annual rent of $16,200, increasing 4% annually, with the tenant responsible for all utilities. The lease details are available in the auction documents. The property features a high fence along the left side and rear. Convenient access to major transportation routes including Rt. 40, Harford Rd., Broadway, Greenmount Ave., and E. 25th St. enhances its appeal. The auction begins February 14th, 2025, and concludes February 19th, 2025, at 11:30 am. Detailed property documents, including the purchase and sale agreement, leases, lead certificates, and rental license, are accessible online after creating a free account and accepting a non-disclosure agreement. The initial deposit must be made via credit card, wire transfer, or cashier's check. The online auction platform employs a 3-minute extension rule for bids placed within the final three minutes. This presents a compelling investment opportunity in a well-located industrial area.