Baltimore Retail for Sale - Baltimore Northeast
Real Estate Auction Live Onsite & Simulcast Online Bidding - $250,000 Opening Bid
NE BALTIMORE-HAMILTON HILLS
High Visibility
RETAIL STRIP
3 Storefronts & 3 Apartments
10,930± SF - Zoned C-1
– Renovation Needed –
Known As
5400-5404
HARFORD ROAD
Corner Gibbons Avenue
Baltimore City, MD 21214
Online Bidding Opens
TUESDAY, JUNE 9, 2026
Live Onsite Auction
WEDNESDAY, JUNE 10, 2026
AT 1:00 P.M.
GENERAL INFORMATION:
5400-5404 Harford Road is comprised of three storefronts and three upper level shell apartment units. The buildings formerly housed Lakein’s Jewelers (established 1913), Micky’s Joint (a bar) and a rehabilitation health clinic. In December 2025, a dumpster fire in the rear of the building created smoke damage, which caused the tenants to vacate. The buildings need renovation and provide a great opportunity to create rejuvenated retail spaces in a very vibrant area of northeast Baltimore.
LOCATION:
The Hamilton Hills neighborhood of northeast Baltimore is situated along the west side of Harford Road (MD-147), the east side of Perring Parkway, north of Echodale Avenue, extending beyond E. Northern Parkway. Harford Road is the community commercial district, comprised of restaurants, stores, community services and attractions. The surrounding area is a mixture of single family detached homes, townhomes and apartments. The property is located at a signalized intersection. Harford Road has ample on-street parking and Hamilton Hills is considered a good neighborhood for walking, biking and public transportation.
SITE:
The property is located at the northwest corner of Harford Road and Gibbons Avenue. The lot fronts approximately 79' along Harford Road by 102' along Gibbons Avenue, comprising 0.139 acres of land.
Public utilities
One-car rear parking pad
Zoning – C-1/HR. C-1 Neighborhood Business Zoning in Baltimore City designates areas for small-scale, pedestrian-oriented commercial clusters serving immediate neighborhoods, often allowing mixed-use development with residential units above ground-floor retail. C-1 typically limits building heights to 60 or 68 feet, with 100 feet possible for residential above commercial under conditional use.
IMPROVEMENTS:
The property is improved by three adjoining storefront buildings, situated on one lot. According to public tax records, the buildings were constructed in 1920 (some potentially older and newer) and contain 10,930 square feet above grade and 5,465 square feet below grade. The buildings have flat built-up and composition shingle roofs and decorative facades. Each building has a separate entrance. Heat is believed to be gas forced air with central air conditioning. Each building is separately metered and has basement storage. 5400 and 5402 are connected on the second floor.
5400 Harford Road is a two story brick end-of-group building, containing a retail store (former jewelers), stockroom and rest room on the first floor, one bedroom/one bath apartment on the second floor, with separate entrance.
5402 Harford Road is a three story brick and frame in-line building, containing a bar area, commercial kitchen, two rest rooms, upper level has two shell one bedroom apartments.
5404 Harford Road is a one story brick building, containing a former medical rehabilitation facility, comprising eight rooms and two rest rooms.
TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book MB 21445, Page 488.
TAXES:
Published annual real estate taxes are $11,271, based on a full value assessment of $492,633.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – A $25,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 1:00 P.M. on Thursday, June 11, 2026 (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).
Online Auction Bidders – A $25,000 deposit, payable by cashier’s check or wire transfer, is due prior to the start of the live auction. The deposit will be held in escrow and retained from the high bidder or returned within 24 hours. If necessitated by price, the deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 1:00 P.M. on Thursday, June 11, 2026.
Escrow Agreement
Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the additional deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in “AS IS, WHERE IS” condition, subject to existing zoning, permitted or unpermitted land uses, building violation notices or citations, easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of contract forward. Purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Seller is unable to convey good and marketable title, the Purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the Purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the Purchaser, except where otherwise mandated by local, State or Federal law. Time is of the essence. A 6% buyer’s premium will be added to the high bid and becomes part of the contract price.
