Open House: Thu, Jan 23rd 11:00 AM - 12:00 PM EST

Active

6411 Beckley St

Baltimore MD, 21224

$2,000,000


$27.36 per sqft

Active

73,095 sqft

Commercial

Built in 1999

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING! Online Bidding Opens - Tuesday, January 21, 2025. Bidding Closes - Thursday, January 23, 2025 at 12:00 noon. List price is opening bid only. Live Auction Bidders - a $200,000 deposit, payable by cashier's check, will be required of the purchaser at time and place of sale. Online Auction Bidders - a $200,000 deposit, payable by cashier's check or wire, will be required of all online bidders prior to the start of the live auction.

6411 Beckley Street comprises a 77,225 square foot biomedical research office and laboratory building situated on 4.56 acres of industrially zoned and port adjacent land. The life sciences facility is currently 25% occupied by Pixelligent, Inc., a manufacturing company that, according to the company website, is "innovating advanced optical solutions for next-gen electronics applications." The tenant has extended their lease through May of 2027 with increased rent beginning in June of 2025 ($543,390 gross rent per year). Current operating expenses put the building at a roughly break-even proposition as it stands, with ample opportunity for strategic building improvements to reduce overall operating expenses in addition to 75% remaining space available to occupy or lease. Proximity to the port, industrial zoning and overall acreage also present an exciting opportunity to fully reposition the building to a variety of alternative uses, including cold storage, traditional office or institutional purposes. The auction presents a unique opportunity for a strategic company headquarters, creative redevelopment or simply a well-timed value-add leasing opportunity.

MDBA2148154

MLS ID

November 26, 2024

Listed

January 21, 2025

Updated

Map

6411 Beckley St
Baltimore MD, 21224

Interior Features

Interior Features

Elevator


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Hot Water

Exterior/Building Features

Lot Size

4.56 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Baltimore City


Taxes

$106,200


Tax Frequency

Annually


Days on Market

57


Garage

No


Parking Total

168


View

No


County

BALTIMORE CITY


Water Source

Public


Pool

No

Open House Schedule

Thu, Jan 23rd

11:00 AM - 12:00 PM EST

Listed by A.J. Billig & Company
Listing Contact: 4102968440 

The IDX display contains information sourced from the Bright MLS, Inc. as of 1/21/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 1/21/2025 at 10:39 PM UTC

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