Middle River, MD 21220,12529-12531 EASTERN AVE
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Middle River, MD 21220,12529-12531 EASTERN AVE

$608,500

Est. payment /mo

$750,000

18.9%
Est.Price: ?

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12529-12531 EASTERN AVE Middle River, MD 21220

2,018 SqFt

SOLD DATE : 06/23/2023

Key Details

Sold Price $608,500

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,018 sqft

Price per Sqft $301

MLS Listing ID MDBC2051526

Sold Date 06/23/23

Originating Board BRIGHT

Year Built 1921

Annual Tax Amount $5,881

Tax Year 2022

Lot Size 2.340 Acres

Acres 2.34

Property Description

Commercial or Residential Development opportunity for Investor or Owner-User: 2.34 level acres of BL (Business Local) zoned property with a sliver of DR5.5 with approximately 240 feet of road frontage on Eastern Ave. The assemblage is two lots and improved by three buildings. Lot 1 is known as 12531 Eastern Ave. and is 1.3AC zoned BL with approx 130 feet of road frontage and is improved by a three level structure (lower, main & upper) which is a former residence and can be converted to office/retail, or razed for new construction. Lot 2 is known as 12529 Eastern Ave and is 1.05 acres zoned BL with a sliver of DR5.5 and is improved by a three level structure (lower, main, & upper) that is currently occupied by a month to month residential tenant, and is also improved by a large 1,152 sf garage structure with two bays. Both structures on this lot can either be converted to retail/office use or razed for new construction. This lot has approximately 110 feet of road frontage. The assemblage is located next to the new Royal Farm convenience store and gas station at the corner of Eastern Ave and Graces Quarters Rd. Substantial commercial development and new housing construction is taking place in the area. All buildings total approx 5,510 gross sf over all levels.

Location

State MD

County Baltimore

Zoning BL-DR5.5

Interior

Hot Water Electric, Natural Gas, Other

Heating Other

Cooling Other

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 10.0

Waterfront N

Water Access N

Accessibility Other

Parking Type Other

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore County Public Schools

Others

Tax ID 04151519512990

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jason S Lusby • Keller Williams Gateway LLC
Bought with Jadaya Cason • Harris Hawkins & Co

Betty Brown Vivian

Agent | License ID: 0225257091

+1(703) 402-1677

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