325-331 S Marlyn Ave
Essex, MD 21221

REAL ESTATE AUCTION $200,000 Suggested Opening Bid ESSEX MIXED-USE MINI STRIP: 3 Storefronts & 5 Apartments $90,000+ Gross Scheduled Annual Income Sale On Premises 325-327 & 331 S. MARLYN AVENUE A/K/A 325 & 331 S. Marlyn Avenue, and 325-331 S. Marlyn Avenue Near Eastern Boulevard Baltimore County, MD 21221 WEDNESDAY, MARCH 4, 2020 AT 11:00 A.M. LOCATION: 325-327 and 331 S. Marlyn Avenue collectively make up an 8 unit mixed-use mini strip center in the Essex area of eastern Baltimore County. The property is situated about one-quarter mile south of Eastern Boulevard, a little less than one mile from the Eastern Boulevard exit off MD-702 and a little over two miles from the Baltimore Beltway (I-695) via Eastern Boulevard or MD-702. Marlyn Avenue is a well utilized commuter route for those living and working on the collection of peninsulas south of Eastern Boulevard and west of MD-702. The annual average daily traffic count is 14,801 along the corridor of S. Marlyn Avenue in front of the property according to SHA statistics. Other businesses along S. Marlyn Avenue include a pharmacy, restaurants, automotive use, a greenhouse and florist, various retail storefronts, houses of worship, private clubs and an array of water oriented businesses. SITE: Lot size: 6,991 square feet total, or 0.16 acre, according to public tax records Macadam paved parking area for 9-10 vehicles. Approximately 67' front on S. Marlyn Avenue. Large curb-cut on S. Marlyn Avenue. Pole sign. All public utilities. Zoning - 331 S. Marlyn Avenue is believed to be zoned BL, Business Local, and 325-327 S. Marlyn Avenue is believed to be zoned DR 5.5 Residential, with a nonconforming use. IMPROVEMENTS: Two story free-standing building comprised of two semi-detached halves - believed to contain 3,840 square feet of gross building area above grade plus basement space, according to public tax records. The buildings are arranged for 3 storefronts and 5 apartments, with total scheduled annual rent of $90,018.48 at current 100% occupancy. The storefronts comprise a salon, barbershop and convenience store. Exterior: Brick exterior Storefront entrances with show windows Front and rear storefront access Exterior apartment access via rear steel stair Flat built-up roof Vinyl-clad replacement windows