$608,500
$750,000
18.9%For more information regarding the value of a property, please contact us for a free consultation.
12529-12531 EASTERN AVE Middle River, MD 21220
2,018 SqFt
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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Bought with Jadaya Cason • Harris Hawkins & Co