CHARIS REALTY GROUP

1325 EASTERN AVENUE

BALTIMORE , MD 21231

MLS#: MDBA2206446

$1,750,000

Status: Active
Listing number: MDBA2206446
Listing provided by: Brexton Commerical, LLC
Listing agent phone: None
Last update: a day ago
New on site 1 day ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

N/A

Welcome to 1325 Eastern Avenue! The property features 7,932 square feet of space over 2 floors. Full renovation occurred in 2016 when owner-user moved in: brand new concrete slab, windows, doors, roof, completely new mechanical, electric, plumbing, and fire safety. Structural work included installation of two (2) 8-foot structural walls and new footings. New front brick wall (facing Eastern Ave) and repointed the remaining brick walls. In addition, owner installed a steel ladder to give access to the roof. In 2023, owner installed StormMeister commercial grade flood proof doors for every ground level door. Leasing comps: $30 psf, NNN for ground level, and $25 psf, MG for upper level. Brexton Commercial can provide comps upon request. PRO-FORMA NOI is $172,000. INTERIOR DESCRIPTION: 1st Floor: Currently operating as Zips Cleaners. Approximately 3,966 square feet of retail space. The space features check-out counter, garment conveyor belt system, ADA changing room, ADA restroom, open work space, sprinkler room, electrical room, and energy efficient plumbing and electrical. The space also features two (2) tankless water heaters and three (3) electrical panels. PLEASE NOTE: Zips has not dry cleaned clothes in this location since 2020. Owners can provide a clean Phase I & Phase II upon lender request. 2nd Floor: Beautiful industrial style loft space with entrance on Eastern Ave. The windows line the eastern wall of the premises, which provide pleasant natural morning light. The space features brick that has been beaufully repointed, and black trim which accent the space very well. In addition to the quintessential charm of the brick, the space also features historic industrial features, such as a "gear" and "wheel" from the me of its original construction. The mechanicals for the space are as follows: (i) sprinkler system with heads turned up (ii) 120/208 V, 125 amp electrical panel, separately metered (iii) incandescent lighting fixtures (iv) plywood floors and reinforced structure (v) wired space heaters.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $1,750,000

  • Tax Amount

    $10,623

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Tax Lot

    005

  • Water Source

    Public

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Listing Courtesy of Rajbir S. Randhawa , Brexton Commerical, LLC

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Agent Emily Simpson

AGENT

Emily Simpson

Call Emily today to schedule a private showing.

(240) 405-5230

emilysellsfrederick@gmail.com


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Welcome to 1325 Eastern Avenue! The property features 7,932 square feet of space over 2 floors. Full renovation occurred in 2016 when owner-user moved in: brand new concrete slab, windows, doors, roof, completely new mechanical, electric, plumbing, and fire safety. Structural work included installation of two (2) 8-foot structural walls and new footings. New front brick wall (facing Eastern Ave) and repointed the remaining brick walls. In addition, owner installed a steel ladder to give access to the roof. In 2023, owner installed StormMeister commercial grade flood proof doors for every ground level door. Leasing comps: $30 psf, NNN for ground level, and $25 psf, MG for upper level. Brexton Commercial can provide comps upon request. PRO-FORMA NOI is $172,000. INTERIOR DESCRIPTION: 1st Floor: Currently operating as Zips Cleaners. Approximately 3,966 square feet of retail space. The space features check-out counter, garment conveyor belt system, ADA changing room, ADA restroom, open work space, sprinkler room, electrical room, and energy efficient plumbing and electrical. The space also features two (2) tankless water heaters and three (3) electrical panels. PLEASE NOTE: Zips has not dry cleaned clothes in this location since 2020. Owners can provide a clean Phase I & Phase II upon lender request. 2nd Floor: Beautiful industrial style loft space with entrance on Eastern Ave. The windows line the eastern wall of the premises, which provide pleasant natural morning light. The space features brick that has been beaufully repointed, and black trim which accent the space very well. In addition to the quintessential charm of the brick, the space also features historic industrial features, such as a "gear" and "wheel" from the me of its original construction. The mechanicals for the space are as follows: (i) sprinkler system with heads turned up (ii) 120/208 V, 125 amp electrical panel, separately metered (iii) incandescent lighting fixtures (iv) plywood floors and reinforced structure (v) wired space heaters.

1325 EASTERN AVENUE

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