312 Gilmor Street

Description

Seller has moved to Florida and says this property Must Sell! ATTENTION BUSINESS OWNERS and INVESTORS. Owner financing is now available with a $25,000 down payment and a $940 Monthly Payment (12% interest only) with a 5 year balloon for approved borrowers. You will save thousands on upfront bank fees and likely be able to do a cash out refinance at a much higher appraised value after property is leased or your business is up and running. That asking price has also been reduced by $41,000. Ignore days on market as stricter terms were previously required. HOMEOWNERS are welcome as well if they would like to utilize the space as a loft apartment by adding a kitchen and converting one of the half bathrooms into a full bath. You will Love this Building. Complete Gut Renovation. Brand New HVAC, Plumbing, 200 AMP Electric, Framing, Drywall, Roof, Etc.. Modern Open Design with New Vinyl Floor, Recessed Lighting and up to 10ft high ceilings. The Space is Elegantly spread Over Two Levels allowing it to remain Open and also give a ensue of Serration and Privacy. Property Boast two Half Baths and a Kitchen Rough-in. Perfect for many using including Community Store, Day Care Center, Community Center, Cultural Facility, Educational Facility, Place of Worship, Lodge or Social Club, Neighborhood Commercial Establishment and Many More.. Property has great road frontage and is a spacious 17ft wide. Property is in a Great Location close to Frankin and Union Square, 1 mile from Downtown Baltimore and in the middle of the West Baltimore area Development. Owner is Open to Providing a 1st Mortgage Position Owner Financing if a Buyer has 50% to put down. Don't miss out on this Opportunity. Schedule Your Tour Today. Please note: Property Use is Subject to Zoning. Please contact Zoning regarding Specific Usage Requests. Property passed all inspections and has received the final U&O.