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    229 N Monroe St Baltimore, MD 21223

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    For Sale
    $85,000

    Corner store in Franklin Square area, minutes from Grace Medical Center.

    Lot size:
    0.03 Acres

    Property Features for 229 N Monroe St

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1920

    Source: Ashland Auction Group LLC Agent Adam M Shpritz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Store in Franklin Square

    This corner store is located in the Franklin Square area, with convenient access to the major traffic artery of W Franklin St. It is situated just minutes from Grace Medical Center. The property is currently occupied. Note that this property will be offered via online auction. Bidding is scheduled to begin on 5/16/2025 at 10:00 AM and will conclude on 5/20/2025 at 12:30 PM. The list price represents the suggested opening bid. A deposit of $15,000 is required to participate in the auction.
    Location Intelligence

    Current Use by Public Records

    Mariquita Grocery Store Mariquita Deli Grocery Grocery Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Fleurtopia, florist, Flora Boh

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6468406
    Latitude
    39.2913932

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    FAQs

    What type of property is this?
    Storefront property - Corner store in Franklin Square area, minutes from Grace Medical Center.
    Where is this storefront property located?
    The property is located at 229 N Monroe St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Prime location in the Franklin Square area; - Minutes from Grace Medical Center; - Easy access to W Franklin St
    (410) 365-3595
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    229 N Monroe St Baltimore, MD 21223
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    Baltimore, MD 21223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    229 N Monroe St Baltimore, MD 21223
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