List Price to be opening bid at the online auction only! Online auction to be conducted on Auctioneers website. Bidding begins Saturday, April 19, 2025 & ends Thursday, April 24, 2025 at 12:00 PM. Excellent Investment Opportunity NNN Leased Commercial Building in the "Penn North" Neighborhood of Baltimore City. This upgraded mixed-use commercial property is a cash-flowing asset with built-in rental growth and minimal landlord responsibilities. The tenant has been in place since July 1, 2023, and is in year two of a five-year term, with 5% annual rent increases locked in—projected to reach $58,344 annually by 2028. Tenant is responsible for Utilities, Maintenance and Real Property Taxes and Insurance. **Current Monthly Rent of $4,200** **Current NNN Annual Rent of $50,400** Currently leased under a solid NNN lease to Sakura Cafe Carry Out IV, the main level features a fully equipped restaurant with a take-out counter, commercial kitchen, walk-in cooler, stove, deep fryers and a half bathroom. They also have access to the basement - which has storage space and utilities. The upper level is accessible by its own entrance including 3 bedrooms and 1 full bathroom. Ideal for added rental income, staff housing, or office conversion. Features Include: Stylish wood-style and tile flooring flow throughout the building Washer & Dryer Inquire within to secure a turnkey property with reliable income and long-term upside! Please contact Carley Cooper at 443-470-1447 or Orin Luke at 202-423-4211? to schedule a walkthrough for the following dates. Saturday, April 5, 2025 Sunday, April 6, 2025 Saturday, April 12, 2025 Sunday, April 13, 2025 In Cooperation with Orin Luke of Fairfax Premier Realty. Diligence Package: A copy of the purchase and sale agreement, lease and assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement. Auction Notes: Online Auction Only! Bidding begins Saturday, April 19, 2025 & ends Thursday, April 24, 2025 at 12:00 PM. Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a property receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out