$3,500,000

3226 GREENMOUNT, Baltimore, MD 21218

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.53acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Located along the Greenmount Avenue and 33rd Street, this retail center boasts eight (8) retail and restaurant tenants with high visibility along Greenmount Avenue and 33rd Street. With 17,952+/- SF of leasable area on a 22,910 SF corner parcel, Waverly Shopping Center is poised to continue with significant potential rent growth. These commercial properties are located approximately one block from Giant Food and near Johns Hopkins University, MedStar Union Memorial Hospital and surrounded by other successful neighborhood retail and restaurant businesses. On the weekends, you’ll find the farmers market, the spring music series and pop-up events in Waverly Commons, an open-air community space managed by Waverly Main Street. The current tenants include Lux Nails, China Express, Quick Mart, Boost Mobile, B5 Seafood Carry-out, AD Smoke Shop, Sakura Teriyaki, and Kyngz Lounge. In 2021, significant upgrades were made to the property, including roof replacement ($70,550), HVAC upgrades ($59,350), electrical upgrades ($20,550) as well as plumbing, framing, drywall and flooring improvements ($134,850+). The scheduled gross rent and additional rent exceeds $453,000 with an annual NOI of $307,000+/-. Additional details about the leases and operations are available. Contact the listing agent for details. This sale is subject to the approval of the US Bankruptcy Court, District of Maryland. Additional due diligence materials available after signing a Confidentiality Agreement. Contact Listing Agent for details.

Listing Status:
Active
Listing Office:
CENTURY 21 Commercial New Millennium : 7037537910
Listing Agent:
Stephen M Karbelk : 5714811037
MLS ID:
MDBA2173304
  • A/C: None
  • Heating: None
  • Disability Feature: None

This listing courtesy of Stephen M Karbelk, CENTURY 21 Commercial New Millennium

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

Waverly Elementary/Middle School

3400 Ellerslie Ave, Baltimore, MD, 21218

Grades PK-8

0.28 miles away

W

Waverly Elementary/Middle School

3400 Ellerslie Ave, Baltimore, MD, 21218

Grades PK-8

0.28 miles away

B

Baltimore City College

3220 the Alameda Ste A, Baltimore, MD, 21218

Grades 9-12

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.