12,000 SF Warehouse Sells in Baltimore City

8/17/17

600 W. Patapsco Ave. Baltimore, MD 21225

The 12,000 sf single-story warehouse situated on a little less than an acre of land was the longtime home of several auto repair companies in the South Baltimore sub-market. A fire damaged the building early in 2017.

For the new owner, Construction Finance Company and partner Equity Warehouse, the vacant and fire damaged building presented an opportunity to buyers Ian Horowitz and Dan Mathe, both Baltimore City Firefighters. When Jim Chivers of Gold and Company, a Baltimore-based commercial real estate broker, called about the availability of the property, Ian and Dan did not waste any time to begin work on giving the decrepit warehouse a new lease on life.

The new owners will soon be starting demolition and a complete renovation of the building and intend to target auto repair and construction and industrial services companies with a need for drive-in space.

Gold and Company is a full-service Baltimore-based commercial real estate brokerage firm. Gold And Company provides commercial real estate brokerage and development services to buyers, sellers, landlords and tenants in the Baltimore metropolitan area. www.goldcommercial.net