Baltimore, MD 21218,3308 GREENMOUNT AVE
Baltimore, MD 21218,3308 GREENMOUNT AVE
Baltimore, MD 21218,3308 GREENMOUNT AVE
$900,000
Est. payment /mo
$1,250,000
28.0%
Est.Price: ?

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12,962 SqFt
SOLD DATE : 05/18/2023

Key Details

Sold Price $900,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 12,962 sqft

Price per Sqft $69

Subdivision Waverly

MLS Listing ID MDBA2052958

Sold Date 05/18/23

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $10,397

Tax Year 2022

Lot Size 0.436 Acres

Acres 0.44

Lot Dimensions 100' x 190'

Property Description

3308 Greenmount Avenue is just steps away from the bustling intersection of 33rd Street and Greenmount Avenue in Waverly, Baltimore. This offering provides an opportunity to purchase .436 acre of C-1 zoned land in the heart of an up-and coming neighborhood in North Central Baltimore. Potential redevelopment as 63 apartments with street-level retail.
Comprised of 3308 – 3318 Greenmount Avenue, this property is split into four retail units. One space is vacant; another is on a month-to-month lease; the last two are on long-term leases, with tenants open to buy-out.

Currently occupied by a convenience store, a grocery store, and a restaurant.
This .436 acre (18,992 sq. ft.) site has C-1 zoning, which allows most office and retail uses, and allows up to 63 apartments to be constructed by right.

New apartments at 1100 East 33rd Street rent for up to $1,700 for a 1 Bedroom unit, and $2,100 for a 2 Bedroom unit.

Location

State MD

County Baltimore City

Zoning C-1

Interior

Hot Water Multi-tank

Heating Forced Air, Radiator

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 30.0

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 30

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0312183883 003

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Thomas H Fair • Ben Frederick Realty, Inc.
Bought with David M Kressin • Ben Frederick Realty, Inc.

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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