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6500 Falls Road, Baltimore, MD 21209
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Live Auction Bidders – A $20,000 deposit for 224-226 W. Read Street, $5,000 for 900 Tyson Street or $25,000 for both, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price with 24 hours at the Auctioneer’s office (wire or cashier’s check).
Online Auction Bidders – A 10% deposit, payable by cashier’s check or wire transfer, is due by 4:00 p.m. on the day of auction. If you are unable to comply with the timeline, please do not bid online. 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.
Live Onsite & Online Simulcast Bidding
MOUNT VERNON AREA
ADJOINING MIXED-USE BUILDINGS
& SURFACE PARKING LOT
Known As:
224-226 W. READ STREET
– Opening Bid: $150,000 –
&
900 TYSON STREET
– Opening Bid: $25,000 –
Baltimore City, Maryland 21201
Online Bidding Opens
TUESDAY, AUGUST 25, 2026
Live Onsite Auction
WEDNESDAY, AUGUST 26, 2026
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:
Owner’s sale of two adjoining three story brick buildings with parking and a separate parking lot in the Mount Vernon are of Baltimore City. The buildings represent a value add or redevelopment opportunity, suitable for development for retail, multifamily, office or mixed-use. The parking lot is arranged for 5 parking spaces, and may also be suitable for future development. The properties are located in the cultural heart of the City, near MICA, UB, the Baltimore Symphony Orchestra and less than one mile from Penn Station. The auction provides an opportunity to purchase adjoining buildings with significant square footage, parking, favorable zoning and in a location surrounded by Baltimore’s primary attractions. There will be separate and entirety offerings for both parcels.
LOCATION:
224-226 W. Read Street and 900 Tyson Street sit at the border of the Mount Vernon and Midtown-Belvedere neighborhoods, which are among the city’s most culturally rich and architecturally distinguished districts. The property is just steps from Mount Vernon Place, the iconic cruciform park surrounding the Washington Monument, a National Historic Landmark and the visual centerpiece of the neighborhood. World-class institutions are within easy walking distance, including the Peabody Conservatory of the Johns Hopkins University, the Walters Art Museum, the University of Baltimore, the Maryland Center for History and Culture, and the Maryland Institute College of Art. Performing arts venues such as the Joseph Meyerhoff Symphony Hall, Lyric Opera House, and Center Stage add to the area’s draw for arts and culture lovers, alongside a dense mix of restaurants, cafes, and nightlife.
Commuters benefit from outstanding regional access: the Light Rail runs along Howard Street on the western side of Mount Vernon, and the Metro Subway runs beneath Eutaw Street, while Penn Station, served by Amtrak and MARC commuter rail, sits just north in Mid-Town Belvedere, offering direct connections to Washington, D.C., Philadelphia, and New York. The neighborhood also provides quick access to I-83 and the Jones Falls Expressway, which forms its eastern boundary, making regional highway travel straightforward for tenants and customers alike.
The area is seeing renewed investment and momentum, including ongoing public-private restoration of Mount Vernon Place’s park spaces and ongoing community planning efforts around the Jones Falls Valley corridor just to the north. As a designated National Historic Landmark District within the Baltimore National Heritage Area, Mount Vernon offers redevelopment buyers a rare combination of architectural pedigree and walkable urban energy. The blend of historic rowhomes, institutional anchors, and a growing residential base creates strong foot traffic and visibility for commercial space. For an investor or owner-user looking to renovate and reposition a building, few Baltimore locations offer this density of cultural capital, transit access, and neighborhood momentum. This is a rare opportunity to plant a flag in one of Baltimore’s most enduring and evolving neighborhoods.
For more information about the area, please visit:
Live Baltimore – livebaltimore.com
Baltimore CityView Map – experience.arcgis.com
CoDeMap – cels.baltimorehousing.org
SITE:
224-226 W. Read Street –
900 Tyson Street –
The lots are divided by a 5′ paper alley, which is only utilized at this time by these two properties. Buyers are encouraged to research whether absorption of the alley from the City to combine the lots may be feasible.
ZONING:
C-1 – Commercial – Allowing for a variety of commercial and residential uses
Buyers are encouraged to perform their own due diligence with respect to zoning, including existing approved and prior approved uses, and the process for any approvals that may be sought for alternative uses.
For more information about zoning, please visit:
Department of Planning – www.baltimorecity.gov
IMPROVEMENTS & UNIT DESCRIPTIONS:
Two adjoining two and one-half story brick buildings – according to public tax records, the buildings were constructed in 1900 and contain a total of 2,250 square feet of gross building area. Actual interior square footage believed to be in excess of 3,000 square feet. The property had previously been used as a retail storefront and apartments, and is currently in need of renovation. The building is suitable for retail, office, multifamily or mixed-use conversion.
TITLE:
In fee simple; and sold free and clear of liens.
TAXES:
224-226 W. Read Street – Current annual real property taxes are a total of $5,117.26 based on a full value tax assessment of $216,833.
900 Tyson Street – Current annual real property taxes are a total of $460.20 based on a full value tax assessment of $19,500.
MANNER OF SALE:
224-226 W. Read Street and 900 Tyson Street will each be offered individually, and the price reserved. The properties will then be offered together as an entirety. It will be at seller’s discretion to sell the properties individually or as an entirety.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – A $20,000 deposit for 224-226 W. Read Street, $5,000 for 900 Tyson Street or $25,000 for both, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price with 24 hours at the Auctioneer’s office (wire or cashier’s check).
Online Auction Bidders – A 10% deposit, payable by cashier’s check or wire transfer, is due by 4:00 p.m. on the day of auction. If you are unable to comply with the timeline, please do not bid online.
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. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, 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 contract 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. The Property will be sold subject to Baltimore City violation notices, 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.
