416 Eastern Boulevard Essex, MD ^$ 350,000

416 Eastern Boulevard

^$ 350,000

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416 Eastern Boulevard

Essex, MD, 21221

^$ 350,000

Studio Baths0.0 Sq 5,664

Monthly Estimate*

^$ 2,326

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Studio

Commercial Property for sale in Essex, MD

for $350,000. This 5,664 square foot building was built in 1939 on a lot size of 0.15.

GUIDED TOUR TO TAKE PLACE FRIDAY, APRIL 26TH PROMPTLY AT 12:30PM. List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, April 25th & ends Tuesday, April 30th, 2024 at 12:00 pm. Improved by a 5,664 +/- SF commercial building occupied by a medical tenant providing adult daycare. The tenant has occupied the space since 2017. The current term ends in 2026 and lease and annual rental increases can be reviewed in the document section. **Current Gross Monthly Rent Of $5,534.41** **Current Gross Annual Scheduled Rent Of $66,412.92**

Commercial Pending

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,030

Style

Day Care Facility

Lot Size

0.15

Year Built

1939

Town/City

Essex

County/Region

Baltimore

MLS | Web ID

MDBC2093480

Features

Interior

Heating Fuel Other

Hot Water Other

Heating Y/N Y

Street Suffix BOULEVARD

Central Air Y/N N

General

Sewer Public Sewer

Heating Other

Cooling Other

Possession Settlement

Zoning BL

Construction Materials Brick Other

Year Built 1939

Property SubType Other

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel Electric

Business Type Day Care Facility

Accessibility Other

County BALTIMORE

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status PENDING

Directions Eastern Blvd between Mace Ave and S Taylor Ave

City ESSEX

Buyer Agent Compensation 1

Total Units 1

Lot Size Square Feet 6641.00

Waterfront Y/N N

Street Name EASTERN

Tax Annual Amount 5030.0

Price Per Sq Ft 61.79

Vacation Rental Y/N N

Days on Market 30

Standard Status Pending

Year Built Source Assessor

Legal Subdivision ESSEX

Tax Lot 6

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking Other

Water View Y/N N

Building Area Total 5664.00

Lot Dimensions 1.00 x

Lot Size Acres 0.15

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 132800.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 416

* Excluded Features

List By

Alex Cooper Auctioneers, Inc.

Broker

Matt@alexcooper.com

Affordability Calculator

$2,745

Per Month

Monthly Principal & Interest: $2,326
Monthly Property Taxes: $419
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Essex, MD

Average List Price ^$1,067,143

Percent of Sale Price 205%

About Essex, MD

39,767 Population

1% Since 2002

^$51,603 Median Income

38.9 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2024	$350,000		Listed Price

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416 Eastern Boulevard, Essex, MD, 21221 is a Commercial Property for sale at $350,000 with 5,664 sqft and a lot size of 0.15. 416 Eastern Boulevard is a studio with 0.0 baths and was built in 1939. The property's zip code is 21221 which is in Essex, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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416 Eastern Boulevard

Commercial Property for sale in Essex, MD

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