3038 Greenmount Ave
Baltimore, MD 21218
Retail Property For Sale

ONLINE REAL ESTATE AUCTION NORTH BALTIMORE TWO STORY MIXED-USE BUILDING Storefront & Apartment - $22,908 Gross Scheduled Annual Income - Known As: 3038 GREENMOUNT AVENUE Near E. 31st Street and Old York Road Baltimore City, MD 21218 BIDDING OPEN: MONDAY, APRIL 20, 2020 BIDDING CLOSE: THURSDAY, APRIL 23, 2020 AT 12:10 P.M. - Suggested Starting Bid: $80,000 - LOCATION: 3038 Greenmount Avenue is located in the Abell neighborhood in North Baltimore. Surrounding neighborhoods include Better Waverly, Harwood, Charles Village and Oakenshawe. Johns Hopkins University is approximately 6 blocks west, and Union Memorial Hospital is about 6 blocks northwest. Greenmount Avenue is a major commercial thoroughfare in North Baltimore, transitioning to York Road further north. The average daily traffic count for the Greenmount Avenue segment in front of the property is 15,061 cars per day, according to SHA statistics. Surrounding businesses include an array of retail storefronts, services, offices and well known Baltimore institutions, such as Normal's Books, Pete's Grille and the Peabody Heights Brewery. SITE: Lot size: 16'6" x 155'3", more or less 4-5 car rear parking area All public utilities ZONING: The property is zoned C-1: Commercial. According to the Baltimore City Transform Zoning District Summary, C-1 zoning applies to "Commercial clusters or pedestrian-oriented corridors of commercial uses that serve the immediate neighborhood. Ensures compatibility between neighboring residential and commercial uses." IMPROVEMENTS: Two story inside-group in-line storefront building - constructed in 1920 and containing 1,990 square feet above grade. First floor contains a bi-level showroom, rest room and utility room. Second floor has an apartment containing 3 rooms, kitchen and ceramic tile bath; separate entrance for apartment. The storefront is rented for $1,200/month, and the apartment is rented for $709/month. Please see NDA form under documents/brochures or the link to the broker's webpage for access to the building leases and lead certificate.