$1 Auction – 36K SF Building | 10K VPD 2127 Edmondson Ave

Marcus & Millichap is pleased to present the sale of 2127-2135 Edmondson Avenue, Baltimore, Maryland (the Property). The 36,490 square foot building is currently vacant and sits on a 0.64-acre lot with TOD-4 zoning.
The masonry-constructed building is two and a half stories and was originally built in the 1930’s for automotive sales and service. More recently, portions of the building were used for catering and as an event hall. The building has a fenced upper parking area that can fit roughly 50 cars and a lower parking area that can also fit roughly 50 cars. The first floor, facing Edmondson Avenue, was most recently used as an event space with some office space above it on the second floor. The lower level is covered parking.
The property is in the Midtown-Edmondson neighborhood and offers 137’ of frontage on Edmondson Ave. This dense infill location has a population density of 44,274 living within 1-mile of the property. The property is directly adjacent to the American Ice Company property, which has appeared in various news articles in recent years regarding redevelopment plans. The property is also one block from the West Baltimore MARC Station and offers quick access to multiple major roads and highways.
The property also falls within a Priority Funding Area and is eligible for multiple local, state and federal programs related to redevelopment, creation of low-income housing, job creation and transit-oriented development. The TOD-4 zoning encourages high density development and allows for a mix of residential, employment, shopping, and civic uses. TOD-4 requires a minimum height of 24 feet with no less than 2 stories and allows a maximum height of 100 feet.
This sale is an opportunity for a new owner to renovate and lease or occupy the building. Alternatively, a new owner could take advantage of various federal, state and/or local incentives for redevelopment.