3409 Greenmount Ave
Baltimore, MD 21218
Retail Property For Sale

ONLINE REAL ESTATE AUCTION NORTH BALTIMORE TWO STORY MIXED-USE BUILDING Storefront & Apartment - $29,520 Gross Scheduled Annual Income - Known As: 3409 GREENMOUNT AVENUE Near E. 34th Street Baltimore City, MD 21218 BIDDING OPEN: MONDAY, APRIL 20, 2020 BIDDING CLOSE: THURSDAY, APRIL 23, 2020 AT 12:00 NOON - Suggested Starting Bid: $90,000 - LOCATION: 3409 Greenmount Avenue is located in the Waverly neighborhood in North Baltimore. Surrounding neighborhoods include Oakenshawe, Guilford and Ednor Gardens - Lakeside. Johns Hopkins University is approximately 6 blocks west, and Union Memorial Hospital is about 3 blocks west. 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 Waverly Crabs, Pete's Grille and the Peabody Heights Brewery. SITE: Lot size: 25'6" x 111', more or less 2+ 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 2,086 square feet above grade. First floor storefront and second floor apartment. The storefront is rented for $1,500/month, and the apartment is rented for $915/month. See NDA under documents/brochures section or link to broker's webpage for copies of leases and lead certificate.