3226 GREENMOUNT, Baltimore, MD 21218
Commercial Property
Built in 1920
0.53acre lot
—— car garage
$——/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Waverly Elementary/Middle School
3400 Ellerslie Ave, Baltimore, MD, 21218
Grades PK-8
0.28 miles away
Waverly Elementary/Middle School
3400 Ellerslie Ave, Baltimore, MD, 21218
Grades PK-8
0.28 miles away
Baltimore City College
3220 the Alameda Ste A, Baltimore, MD, 21218
Grades 9-12
0.70 miles away