1110 CATHEDRAL STREET

Property Description

REAL ESTATE AUCTION featuring ON-SITE AND SIMULCAST ONLINE BIDDING!! Online bidding opens - Tuesday, May 7, 2024. Live On-Site Auction - Thursday, May 9, 2024 at 1:30 PM. List price is opening bid only. 1110 Cathedral Street is located in the Midtown-Belvedere neighborhood in Downtown Baltimore. Midtown-Belvedere is often included when discussing the larger Mount Vernon and Penn Station areas of the City. Midtown-Belvedere is at the cultural core of the City as home to some of the City’s most important institutions, architecture and entertainment venues, including the University of Baltimore, Meyerhoff Symphony Hall, Mount Royal Station, Lyric Opera House and The Belvedere itself. MICA and Penn Station are at the edges of the neighborhood. Other commercially and culturally important neighborhoods adjoining Midtown-Belvedere include Bolton Hill, Mount Vernon, Seton Hill, Charles North, and the larger Station North Arts & Entertainment District. The property is located near the intersections of Chase Street, Park Avenue, Maryland Avenue, Tyson Street, and Howard Street. It is among the most convenient locations in Baltimore. Surrounding properties include restaurants, retail shopping, apartment complexes, an array of service providers, UB administration buildings, a number of entertainment venues and a variety of public transportation options. The State of Maryland Government complex, Social Security and collection of University campuses nearby provide substantial employment in the area, ideal for a source of customers or tenants in the location. The property is also located within a State of Maryland Enterprise Zone, offering both real property and employment based tax incentives. The auction provides an opportunity for both owner-occupants and investors to acquire a building with an excellent location and substantial upside.