100+/- Space Parking Garage Located in “Mount Vernon” Sold by Alex Cooper for $997,500

Brooke Friedman

garage1

BALTIMORE, MD., October 22, 2015 – Alex Cooper a leading auction house in the mid-Atlantic, specializing in antiques, art and real estate, is pleased to announce the successful sale of 11 E. Franklin Street for $997,500. The fully leased 100+/- space parking garage is located in the Baltimore neighborhood of “Mount Vernon.”

Bradd Caplan, a commercial real estate associate for Alex Cooper represented the seller in the noteworthy sale. The property was purchased by a parking operator out of the Washington DC area. “Parking in the historic Mount Vernon area has always been scarce, making the demand for the parking garage exceptionally high while it was on the market,” says Caplan. The buyer plans to keep the garage as is, providing much needed parking to the Mount Vernon area. The 37,705 +/- square foot building features three stories, 100+/- parking spaces on 0.24+/- acres.

Art Collecting As an Investment, An Afternoon with an Avid Collector

In light of the economic instability of recent years, many investors have turned to investing in art as option.  I sat down with long time collectors, Lon and Jennifer Engel, to discuss how they diversified their portfolio in challenging times and simultaneously built a beautiful art collection. KH: Tell me how you came about collecting […]

March 30, 2018
garage3

100+/- Space Parking Garage Located in “Mount Vernon” Sold by Alex Cooper for $997,500

BALTIMORE, MD., October 22, 2015 – Alex Cooper a leading auction house in the mid-Atlantic, specializing in antiques, art and real estate, is pleased to announce the successful sale of 11 E. Franklin Street for $997,500. The fully leased 100+/- space parking garage is located in the Baltimore neighborhood of “Mount Vernon.” Bradd Caplan, a […]

December 9, 2015