Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, June 27, 2022. Live On Site Auction - Wednesday, June 29, 2022 at 11:00 AM. List price is opening bid only.2122 E. Monument Street is located in the Middle East neighborhood in East Baltimore. The immediate surrounding area comprises a commercial corridor along E. Monument Street extending from Johns Hopkins Hospital (East Baltimore) through roughly N. Milton Avenue. The property is also located within an Enterprise Zone, as well as the East Monument National Historic District, providing an array of tax credit opportunities.The area is a bustling commercial thoroughfare anchored by Johns Hopkins, a number of associated entities and the Northeast Market. An eclectic variety of stores, restaurants, neighborhood services, religious and educational facilities further enhance the cumulative attraction of the area. In conjunction with those working and residing in the area, there is a very healthy traffic count of more than 11,000 cars per day (AADT) passing by the site.The building itself has a long history in the neighborhood, having been operated as an optician for a few decades prior to becoming a retail storefront in more recent years. The combination of being located in a high traffic destination location and ongoing development in the area, along with a standing history in the community, the auction affords an opportunity for business owners and investors of all types.
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Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, June 27, 2022. Live On Site Auction - Wednesday, June 29, 2022 at 11:00 AM. List price is opening bid only.2122 E. Monument Street is located in the Middle East neighborhood in East Baltimore. The immediate surrounding area comprises a commercial corridor along E. Monument Street extending from Johns Hopkins Hospital (East Baltimore) through roughly N. Milton Avenue. The property is also located within an Enterprise Zone, as well as the East Monument National Historic District, providing an array of tax credit opportunities.The area is a bustling commercial thoroughfare anchored by Johns Hopkins, a number of associated entities and the Northeast Market. An eclectic variety of stores, restaurants, neighborhood services, religious and educational facilities further enhance the cumulative attraction of the area. In conjunction with those working and residing in the area, there is a very healthy traffic count of more than 11,000 cars per day (AADT) passing by the site.The building itself has a long history in the neighborhood, having been operated as an optician for a few decades prior to becoming a retail storefront in more recent years. The combination of being located in a high traffic destination location and ongoing development in the area, along with a standing history in the community, the auction affords an opportunity for business owners and investors of all types.
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