Onsite and Online public auction 11/10/2021 at 1:00pm EST. Bidding opens online 10 days prior to date of auction. Tours are by appointment only. pre-auction offers may be considered by owner. Multiple properties for investment. 404-414 N. Castle Street & 2024-2032 Orleans Street. Residential redevelopment opportunity in McElderry Park / Mid-East / CARE neighborhood next to Johns Hopkins Hospital main campus and adjacent to the Butcher's Hill, Washington Hill, and Patterson Park areas. This enclave of 21231 is experiencing a renaissance of new development and revitalization of new construction and renovation, with surrounding homes and commercial buildings showing high pride of ownership. Proximity to transport, education, employment, and has a high walk score of 90 accounting to LiveBaltimore.
The community is in close proximity to Johns Hopkins Hospital campus. The subject’s zoning is Residential R8. The property has 2 parcels as follows: Parcel1: Block plats indicate the subject is legally designated as Map 6, Section 5, Block 1667 Lot 030/031/032 comprising three consolidated lots totaling approximately 8,189 square feet or .188 acre. These consolidated lots are known as 404 N. Castle Street. The lots are improved by a 3-story masonry brick, semi-detached non-conforming commercial building Circa 1900 situated in a Residential (R8) zoning district. The building comprises approximately 13,754 square feet of gross building area.Parcel 2: Currently a surface parking lot referenced as Block 1668, comprising a consolidation of five (5) lots numbered 048, 049, 050, 051, 052 (each approximately 14’x80’) comprising approximately 5,600 square feet or .129 acre zoned Residential (R8). These consolidated lots are known as 2026 Orleans Street. The subject’s census tract is 0604.00. The subject is not located in a flood hazard area (reference FEMA Map 240087 0019F, dated 4/2/14, zone X. It is believed that at one point the main building consisted of several townhouse residences that were conjoined to make a continuous commercial building with a parking lot.
The highest and best uses for the building are considered by ownership to be a residential development of garage-style townhouses, a Multi Family building, or as the last proposed use as an adult daycare. A limited feasibility study exists for the latter.
Property is available for public preview on 10/28/2021 from 11am to 1pm and by private showing with 48 hours notice and security registration.
Courtesy of: Keller Williams Gateway LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 22nd October, 2021 1:38 AM
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