1813-1817 N Charles St

Investment Highlights

Landmark Nightclub Special Exception for After Hours Operation Liquor, Adult Entertainment License

Executive Summary

ESTATE AUCTIONLive Onsite & Simulcast Online BiddingABSOLUTE TO THE HIGHEST BIDDER ABOVE $500,000 STATION NORTHArts & Entertainment District LANDMARK NIGHTCLUBTrip?s Place & Gatsby?sIncluding 3 Commercial BuildingsLiquor License with Adult EntertainmentFurniture, Fixtures & EquipmentKnown As1813-1815-1817 N. CHARLES STREETBaltimore, MD 21201Online Bidding OpensTUESDAY, JULY 23, 2024Live Onsite AuctionWEDNESDAY, JULY 24 AT 11:00AMAT 11:00 A.M. Pursuant to an Order of the Orphan?s Court for Baltimore County, Maryland, passed in the matter of The Estate of Anthony Dwight Triplin, Sr., Estate No. 177936, the Successor Personal Representative will sell at Public Auction the above-captioned assets.NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.LOCATION:The properties are located in the Charles North neighborhood of Downtown Baltimore, north of Penn Station and south of North Avenue. Trip?s Place and Gatsby?s were well known Baltimore entertainment venues with multiple bars, adult entertainment liquor license and zoning exception for after hours live entertainment and dancing.The location is close to the Jones Falls Expressway (I-83) and public transportation. The properties are opposite the newly renovated Parkway Theatre on a block slated for major redevelopment.All are situated in the Station North Arts and Entertainment District. As stated on their website: ?Located in the heart of Baltimore, Station North was the first area in Baltimore to receive the State designation as an Arts & Entertainment District in 2002. Spanning the neighborhoods of Charles North, Greenmount West, and Barclay, Station North is a diverse collection of artist live-work spaces, galleries, rowhomes, and businesses, all just steps away from Penn Station, Mount Vernon, Charles Village, the Maryland Institute College of Art, the University of Baltimore, and Johns Hopkins University.?According to public tax records, the buildings were constructed circa 1900.1813-1815-1817 N. Charles StreetSITE:Two adjacent lots, situated at the southeast corner of N. Charles and E. Trenton Streets.1813 N. Charles Street - 20' x 121'. 1815-1817 N. Charles Street - 38' x 125'. Total lot size approximately 7,170 square feet. The building footprints encompass the entire site.Public utilitiesBlock PlatZONING:TOD-4, Transit Oriented commercial development. ?Transit Oriented Development (TOD) is a development approach that encourages intensifying and inter-mixing land uses (residential, office, retail, and entertainment) around transit stations, integrating public amenities (open spaces and landscaping), and improving the quality of walking and bicycling as alternatives to automobile travel. Successful TOD projects also address ways to ensure personal security and safety, encourage economic and community development, respect the area?s cultural history, and strengthen the connections between transit and surrounding neighborhoods,? according to the Baltimore City Department of Planning website.According to the Baltimore City Zoning Office, 1813 N. Charles Street has a live entertainment permit from 1995. 1815-1817 N. Charles Street has an after hours live entertainment and dancing permit from 1995.IMPROVEMENTS:Interconnected three and four story brick and stucco buildings, with built-up roofs, commercial entrances and partial basements. According to public tax records, the buildings comprise 17,232 square feet of gross building area above-grade and 4,800 square feet below-grade.The entertainment facility features multiple entrances, coat room, large open area live venue, several additional bars, five DJ booths, dance floors, VIP lounges, multiple rest rooms, offices, owner?s apartment and storage rooms. The property has gas forced air heat and central air conditioning, security system, video monitoring, bar fixtures and equipment.LIQUOR LICENSE:Class BD-7, seven-day liquor license, issued for 1813-1815-1817, with adult entertainment permit for 1815-1817 N. Charles Street. The transfer of this liquor license is subject to the approval of the Board of Liquor License Commissioners of Baltimore as in the case of an original application, and it shall be the sole responsibility of the purchaser to obtain said approval.TITLE:The properties are in fee simple and will be sold free and clear of liens. 1813 Deed Book SEB 675, Page 77. 1815-1817 Deed Book SEB 132, Page 56.TAXES:Published annual real estate taxes and assessments -1813 N. Charles Street - $7,321 based on a full value assessment of $310,233.1815-1817 N. Charles Street - $8,494, based on a full value assessment of $359,900.ALL OF THE ASSETS AT 1813-1815-1817 N. CHARLES STREET WILL BE SOLD AS AN ENTIRETY ONLY. REQUIRED DEPOSIT - $100,000.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Bar
• Building Size    22,257
• Building Class    C
• Year Built/Renovated    1900/1992
• Price    500,000
• Price Per SF    22
• Tenancy    Single
• Building Height    3 Stories
• Slab To Slab    10?
• Building FAR    3.00
• Land Acres    0.17 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.