2926 E Cold Spring Ln
Baltimore, MD 21214
Fully Leased 7 Unit Office Building · Retail Property For Sale

Online Auction Only: Bidding Begins Friday, November 9th @ 1:00pm and ends on Wednesday, November 14th @ 1:00pm. Opening Bid of $250,000. Fully Leased 7 Unit Office Building with Ground Floor Retail in the "Lauraville" Neighborhood **GROSS SCHEDULED ANNUAL RENT OF $59,400** Fully leased 7 unit office building in the "Lauraville" Neighborhood of Baltimore City. The building has both retail and office units. The units are provided AC and heat by central HVAC systems with a gas fired furnace. The landlord bills the tenants their pro-rata share of the utility bills. Units 3rd floor front, 3rd floor back and 4th floor share an electric meter. The landlord bills those three tenants their pro-rata share of the utility bill each month. The other 4 tenants have their own electric meter. Landlord pays for a dumpster that is $200/month. Features include: • 5 parking spaces in rear of building • Replacement windows throughout building • Highly visible signage Current Rent Roll: Unit A - 900 Unit B - 1250 2nd Fl Front - 900 2nd Fl Rear $550 3rd Fl Front $450 3rd Fl Rear $450 4th Fl $450 Current gross monthly rent of $4,950 Current scheduled gross annual income of $59,400 Diligence Package: Leases and lead certs (if available) and a copy of the purchase and sale agreement with assorted addenda are located in the documents section of the auctioneers website, link below. 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 Friday, November 9th @ 1:00pm and ends on Wednesday, November 14th @ 1:00pm. 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.