511 Caroline St Baltimore, MD 21231

This 7,000 square foot commercial building, located in Baltimore's Fells Point National Historic District at 511 S. Caroline St, is being offered via auction on November 20, 2024, at 11:00 AM. The two-story, semi-detached masonry building, constructed in 1982 and renovated in 2015 and 2016, sits on a 0.08-acre lot and is zoned C-1 Commercial. Previously operating as the Handlebar Café, the property currently features a restaurant setup, gym space, and office areas. The first floor includes a full kitchen with walk-in coolers, a bar, seating areas, and two powder rooms. The second floor offers a gym, dance studio, offices, and two locker rooms with showers. Additional features include a (currently inoperable) elevator, forced air heat, a fire alarm and security system, and heavy power (formerly served by five electric meters). Exterior features include a brick facade, glass roll-up door with curb cut, roll-up security doors, and a flat built-up roof. The sale is subject to a $50,000 deposit (or 10% if the sale price requires it) payable by cashier's check at the time of the auction. The property is sold "as is," subject to easements, agreements, restrictions, or covenants of record. Prospective buyers are urged to conduct their due diligence before the auction. A ground rent of $7.11 annually applies.