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– Southwest Baltimore –
11,078± Sq. Ft. GBA ✦ 0.28± Acre
Enterprise Zone ✦ I-1 Industrial Zoning ✦ Drive-In Loading
611 S. MONROE STREET
Carrollton Ridge, Baltimore City, MD 21223
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.
611 S. Monroe Street is located in the Carrollton Ridge neighborhood in Southwest Baltimore. The historically industrial area has been home to a large collection of businesses over the past several generations. Current nearby businesses include The Maryland Lottery, United Way of Central Maryland, Maryland Department of the Environment, Barcelona Nut, and an array of automotive, construction and distribution companies. Proximate access to I-95 (approx. 1 mi south), I-395, Baltimore Washington Parkway (MD-295), US-40 and the Baltimore Beltway (I-695) make the location exceedingly convenient to locations throughout the area. Downtown Baltimore, University of Maryland Baltimore and the Stadium Complex are all approximately 1 mile east. Exposure at the site is good, with 17,951 cars per day (AADT) according to MDOT statistics. The property is within an Enterprise Zone, as designated by the State of Maryland and managed by BDC, providing an array of property and income tax incentives.
For more information about the area, please visit:
CityView Map – cityview.baltimorecity.gov
Neighborhoods – livebaltimore.com
City of Baltimore – www.baltimorecity.gov
Enterprise Zone Information – baltimoredevelopment.com
Lot size: 0.28 acre, more or less, according to public tax records. Plat
Rectangular lot – 60′ front and rear, by 203’8.5″ deep.
Curb cut on Monroe Street, accessing drive in loading.
Ingress and egress easement to south side of the property via 15′ alleyway (see deed for more information). Access to side loading dock.
Access to rear loading dock would need to be by agreement with adjoining property owner.
All public utilities. Use in common of sanitary sewer (see deed for more information)
I-1 – Light Industrial Zoning. According to the Baltimore City zoning district summary, the I-1 district is intended for “Light manufacturing, fabricating, processing, wholesale distributing and warehousing uses.”
According to the Baltimore City Zoning Code Industrial District Permitted and Conditional Uses table, permitted uses include:
Many other uses are available conditionally. Please visit the Baltimore City Planning Department’s website for more information. Department of Planning – planning.baltimorecity.gov
Single story masonry warehouse building – constructed in 1920 and containing 11,078 square feet of gross building area, according to public tax records. The property has been recently updated, with a newly coated roof (2021), fresh paint and updated office and powder room areas. Additional features include drive in loading with an approximately 15′ roll-up door (front), loading dock with 10′ roll-up door (rear), and loading dock with 10′ roll-up door (south side). Clear span area is 15′ or more, and approximately 11′ ceiling heights. The building is partially divided into two sections (front and back), and may be suitable for multiple tenancy.
The property is in fee simple; sold free and clear of all liens. Deed reference Liber MB 21770, folio 21 et seq.
Current annual taxes are $2,237.28 based on a full value assessment of $94,800
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A ten percent (10%) deposit, 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. 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. 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 5% buyer’s premium will be added to the final bid price.