Property description updated with new details
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Previous Description:
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING! Online Bidding Opens - Wednesday, December 3, 2025. Live On Site Auction - Thursday, December 4, 2025 at 11:00 AM. List price is opening bid only. Live Auction Bidders – A $25,000, payable by cashier’s check, will be required of the purchaser at time and place of sale. Online Auction Bidders – A $25,000, payable by cashier’s check or wire transfer, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. The auction includes a commercial property assemblage on the east side of Pennsylvania Avenue in the historic Seton Hill neighborhood of Downtown Baltimore. The property was formerly occupied by Penn Lumber Company, and consists of a storefront building, three warehouse buildings, and a fenced yard. There are two month-to-month tenants who have expressed an interest to remain. The sale provides an opportunity to purchase existing income producing properties or as a redevelopment site in a very desirable location.
Updated Description:
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING! Online Bidding Opens - Wednesday, December 3, 2025. Live On Site Auction - Thursday, December 4, 2025 at 11:00 AM. List price is opening bid only. Live Auction Bidders – A $25,000, payable by cashier’s check, will be required of the purchaser at time and place of sale. Online Auction Bidders – A $25,000, payable by cashier’s check or wire transfer, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Auction includes 507-511 & 601 Pennsylvania Ave. and 553-557 Seminary Ct. - Sold as an entirety only. The auction includes a commercial property assemblage on the east side of Pennsylvania Avenue in the historic Seton Hill neighborhood of Downtown Baltimore. The property was formerly occupied by Penn Lumber Company, and consists of a storefront building, three warehouse buildings, and a fenced yard. There are two month-to-month tenants who have expressed an interest to remain. The sale provides an opportunity to purchase existing income producing properties or as a redevelopment site in a very desirable location.
