Former Penn Lumber FOR SALE


Baltimore, MD - Seton Hill
$700,000 USD
202-744-6910
, Baltimore, MD for Sale
$700,000 USD
FOR SALE
1/4
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Former Penn Lumber
Baltimore, MD
Seton Hill


HIGHLIGHTS

  • Large, well located parcel of commercial land totaling 14,513 sf (0.33 acres).
  • Two existing buildings in average condition with on-site parking.
  • Catty-corner from Metro West, a 1,085,000 sf office complex planned for redevelopment.
  • Easy access to U.S. Route 40, mass transit, retail, and medical services.
  • Property is currently generating $42,000 in annual gross rental income.
  • Owner Financing for well qualified buyer.

OVERVIEW

Portfolio consists of 507-509, 511, 601 Pennsylvania Avenue & 553-557 Seminary Court. Penn Lumber is comprised of two vacant lots and three buildings totaling 9,105 square feet on 7,386 square feet of land. The property is located just north of the intersection of West Franklin Street and Pennsylvania Avenue in Baltimore City. Penn Lumber is located in the historic Seton Hill Neighborhood, which is a small community just northwest of downtown Baltimore. The neighborhood is in reasonable proximity of the University of Maryland – Baltimore Campus, Bromo Arts & Entertainment District, and Mt. Vernon. The property is just opposite the Metro West Complex which is the new home for the Maryland Department of Health Services 1,200 employees.

ASK ABOUT THIS PROPERTY

Leo McDermottTrout Daniel & Associates LLCMore Info
202-744-6910

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Leo McDermottTrout Daniel & Associates LLCMore Info
202-744-6910

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.