1001-1003 W 36th St 8,800 SF 100% Leased Retail Building Baltimore, MD 21211 $650,000 ($73.86/SF)

*List Price is Opening Bid at Online Auction*
LINK TO ONLINE AUCTION: https://realestate.alexcooper.com/auction-property/1-D1EJNA
LOCATION, LOCATION, LOCATION!
Don't miss this exceptional investment opportunity in the heart of Baltimore's iconic Hampden neighborhood, perfectly positioned on "The Avenue" one of the city's most celebrated destinations. Formerly home to the beloved Cavacos Apothecary & Pharmacy, 1001-03 W. 36th Street is a rare mixed-use offering configured as five income-producing units in one of the city's most sought-after commercial corridors.
Anchored by established tenants including Local Favorites, "Ma Petit Shoe" and "Transmission Tattoo", this prominent corner property benefits from outstanding visibility, heavy pedestrian traffic, and the vibrant energy that has made The Avenue one of Baltimore's premier shopping and dining destinations.
With a potential gross annual rental income of $140,716.20, the property offers an outstanding opportunity for investors seeking strong cash flow and long-term appreciation in a high-demand location.
Whether you're looking to expand your investment portfolio or acquire a landmark property in one of Baltimore's most recognizable neighborhoods, opportunities like this are few and far between.
Purchaser to independently verify and obtain any and all zoning, licensing, use, and occupancy information, including any applicable rental licensing requirements.
1001-A W. 36th St. k/a “Transmission Tattoo” - Ground Floor
- 900± SF
- Currently utilized as a Tattoo Parlor
- sub-in for a kitchen and bathroom
Rental Information:
Commercial Lease
Scheduled Monthly Rent: $1,591.35
Scheduled Annual Rent: $19,096.20
Lease Start Date: May 1, 2023
Lease Term: 5 Year Term with 3% annual rent increase
Utilities: Tenant responsible for: Gas, Electric, Heat, & Telephone. Landlord responsible for water/sewer, & trash.
1001-03 W 36th St. k/a “Ma Petit Shoe”- Ground Floor
- Currently utilized as a retail store
Rental Information:
Commercial Lease
Scheduled Monthly Rent: $6,010
Scheduled Annual Rent: $72,120
Lease Start Date: December 8, 2025
Lease Term: 3 Year Term with 3% annual rent increase
Utilities: Tenant responsible for: Gas, Electric, Cable, Internet, & Telephone.
1001-B W. 36th St. (Lower Level- vacant)
Flex Space
Kitchen
Living Area
Dining Area
Full Bathroom
Rental Information:
Projected Monthly Rent: $1,500±
Projected Annual Rent: $18,000±
1001 & 1003 W 36th St.- 2nd & 3rd Floors (Rented)
Apartment/ Flex Space
Kitchen
Living Area
Dining Area
1bd/1ba
Rental Information:
Scheduled Monthly Rent: $1,700
Scheduled Annual Rent: $20,400
Lease Start Date: August 1, 2011
Lease Term: Renews Yearly
Utilities: Tenant responsible for Gas, Electric, Water/ Sewer, Trash, Telephone, & Cable.
1001-3rd Floor W. 36th St. (Rented)
-Flex Space
Rental Information:
Scheduled Monthly Rent: $925/mo
Scheduled Annual Rent: $11,100/yr
Lease Start Date: July 1, 2024
Lease Term: Month-to-Month
Utilities: Tenant Pays Gas & Electric. Landlord Pays Water, Sewage & Trash.
Note: Gross annual rent is based on full building occupancy. Currently, 4 out 5 units are rented.
The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.
Diligence Package:A copy of the purchase and sale agreement, leases, lead certificates, Phase I, and assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Friday, July 24 and ends Wednesday July 29, 2026 at 12:00 PM.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.