List price to be opening bid. **DEVELOPMENT OPPORTUNITY** 14,550 sq. ft Landmark Building in the Historic Mt. Vernon Neighborhood of Baltimore City, Located Next to Mt. Vernon Place. Unique development opportunity on a corner lot in the Mt. Vernon neighborhood of Baltimore City. The property is located adjacent to the Washington Monument parks and is surrounded by shops and restaurants. Mt. Vernon is 1.4 miles north of Baltimore's Inner Harbor. The property has 50' frontage on N. Charles St. and 97' on E. Madison St. The land area is 4,850 sq. ft. or 0.11 acre. It is improved by a 3-story brick building containing approx. 14,550 sq. ft of above grade area and approx. 4,850 sq. ft. of below grade area with a separate outside entrance. It is in the process of being renovated and retains much of its original detail. 1st Floor - Several large open spaces formerly used as a restaurant with dining rooms and other accessory rooms. 2nd Floor - 2 large rooms formerly used as dining rooms, 2 offices and restrooms. 3rd Floor - Several offices and a pair of restrooms. 4th Floor/Attic- Utility/Storage room. Large unfinished basement with separate outside entrance from E. Madison St. The property is in a C-2, Community Commercial Zone. It allows for a variety of residential, institutional and commercial uses. Page 449 of the Baltimore City Zoning Code document, lists Permitted (P) and Conditional (CB & CO) Uses. The Live Neighborhood web site describes Mt. Vernon as follows: Mount Vernon in Central Baltimore offers some of the best conveniences of urban living. The lively neighborhood is close to cultural amenities, dining, nightlife and shopping. Living spaces include single-family Victorian rowhomes, carriage houses, condos, apartments and several high-rises. Residents enjoy having a wide array of art, entertainment and services just steps from their front doors. Residents enjoy having a front-row view each year to the annual lighting of the Washington Monument.