"Northwest Baltimore - Next to Pimlico Race Course"

A $10,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer by 4 P.M. on the date of the auction. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount. A 6% buyer’s premium will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and please see the Sample Contract.

$100,000 Opening Bid

NORTHWEST BALTIMORE
– Next to Pimlico Race Course –

INCOME PRODUCING
COMMERCIAL BUILDING
8,016 Sq. Ft. GBA ● Zoned C-1
Opportunity Zone

Known As:
5109 PARK HEIGHTS AVENUE
A/K/A 5109, 5111, 5113 Park Heights Avenue
Near Corner of W. Belvedere Avenue
Baltimore City, Maryland 21215

Online Bidding Opens
MONDAY, JULY 21, 2025

Online Bidding Closes
THURSDAY, JULY 24, 2025
AT 11:00 A.M.

NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

GENERAL INFORMATION:
A large income producing commercial storefront building will be offered for auction. The building formerly consisted of three tax records, since merged into one. 5109 Park Heights Avenue is leased to a restaurant for $2,100 per month, on a month-to-month lease. The first floor of 5111-5113 Park Heights Avenue is in shell condition. The second floor of all buildings are connected and requiring renovation. A portion of the roof is leased to a billboard company for $750 per month, on a month-to-month basis. Investors can develop a commercial building in a Northwest Baltimore Opportunity Zone with existing monthly income.

LOCATION:
5109 Park Heights Avenue is located in the Central Park Heights neighborhood in northwest Baltimore. World famous Pimlico Race Course, home of the Preakness, is less than one block away. Other surrounding neighborhoods include Cylburn, Levindale, Arlington and Pimlico Good Neighbors. Park Heights Avenue is among the busiest thoroughfares and commuter routes in the area, boasting 14,234 cars per day (AADT), according to MDOT statistics. Another 12,514 cars per day pass along W. Belvedere Avenue immediately north of the property. Surrounding properties are a mix of restaurants, retail storefronts, small offices, religious facilities and Pimlico itself. Sinai Hospital, another major employer in the area, is less than one mile east.

For more information about the area, please visit:
Live Baltimore – livebaltimore.com
CityView Map – cityview.baltimorecity.gov
Community Development Map – cels.baltimorehousing.org
City of Baltimore – www.baltimorecity.gov

SITE:
Lot size: 50′ x 86’6″, more or less, comprising 4,325 square feet of lot area. Plat

Three buildings are combined on a single tax record

Billboard on roof

Alley access

All public utilities are believed to be in the property

ZONING:
C-1 – Commercial

According to Baltimore City’s Zoning District Summary, the C-1 zone comprises “Commercial clusters or pedestrian-oriented corridors of commercial uses that serve the immediate neighborhood. Ensures compatibility between neighboring residential and commercial uses.”

For more information about zoning, please visit:
Department of Planning – planning.baltimorecity.gov

IMPROVEMENTS:
Three contiguous two story commercial buildings, constructed in 1937, containing 5,344 above grade square feet and 2,672 square feet of basement space, according to public tax records. 5109 Park Heights Avenue is currently rented for $2,100 per month to a restaurant on a month-to-month basis. 5111 & 5113 Park Heights Avenue are vacant and arranged as a single unit with a large open layout. The second floor of all buildings are all interconnected. Renovation is required.

MONTHLY RENTS:

More information and lease documents coming soon.

TITLE:
In fee simple; sold free and clear of liens.

TAXES:
Published annual real estate taxes are $5,925.96 based on a full value tax assessment of $251,100

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $10,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer by 4 P.M. on the date of the auction. Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the Purchaser. All adjustments, including taxes, rent, ground rent and all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of settlement and assumed thereafter by the Purchaser. The property will be sold in “AS IS” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of contract forward. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Seller is unable to convey good and marketable title, the Purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the Purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the Purchaser except where otherwise mandated by local, State or Federal law. Time is of the essence. A 6% buyer’s premium will be added to the final bid price.