3545 Chestnut Ave 2,089 SF Office Building Baltimore, MD 21211 $150,000 ($71.80/SF)

LIST PRICE IS OPENING BID AT ONLINE AUCTION TO OCCUR ON AUCTIONEER'S WEBSITE.
LINK TO ONLINE AUCTION: https://realestate.alexcooper.com/lots/view/1-DDIPJS
Commercial Opportunity in the Desirable "Hampden" Neighborhood of Baltimore City **Gross Scheduled Annual Rent of $38,316**
Located in Baltimore City's highly desirable Hampden neighborhood, 3545 Chestnut Avenue offers an excellent opportunity to acquire an income-producing property in a PREMIER location. Currently utilized as a Crystal shop & Reiki studio.
Hampden's vibrant atmosphere, strong neighborhood identity, and popular mix of restaurants, shops, and local businesses make it an attractive location for both businesses and investors. With an existing tenant, desirable location, and rental income, 3545 Chestnut Avenue presents an appealing opportunity to add a leased commercial asset to an investment portfolio.
The property's flexible commercial setting also provides an opportunity for a future owner to continue the existing use or explore other potential uses, subject to applicable zoning and licensing requirements.
Lease Information:
Lease Start Date: July 30, 2025
Lease Term: 5 Year lease with a 3% annual rent increase.
Monthly Rent: (year 2) $3,193
Annual Rent: $38,316
Tenant pays all utilities.
Property Setup
Main Level:
Retail Space
Reception Area
Upper Level:
Dedicated Treatment Rooms
Full Bathroom
Lower Level:
Unfinished Basement

2,346± Total SF
Prime Location
Income Producing

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.
Gallery Auction: A bidding deposit of $10,000 per lot is required for Lots 1 through 3. If you intend to bid on the entire group (Lots 1–3), a single deposit of $10,000 must be submitted via wire transfer or credit card hold. Bidders for the entirety must show auctioneer Proof of Funds and must be pre-approved in the auctioneers sole discretion.
Manner of Sale: This property will be sold through a Multi-Lot Auction consisting of three individual lots. Each lot will first be offered separately, followed by a combined offering of Lots 1–3 as an entirety. The seller reserves the right to accept the bid they deem most favorable, whether for individual lots or the entirety.
Winning Bidder Notification: The winning bidder for each lot will be notified shortly after the conclusion of the entirety auction. An email with the official auction results will be sent by a member of the Alex Cooper team—Courtney Hicks, or Mollie Ryan—from one of the following addresses: courtney@alexcooper.com, or mollie@alexcooper.com.
Important: While the auction platform may indicate a winning status at the close of bidding for each property, final results are not confirmed until you receive official verification via phone call or email from the Alex Cooper transaction team.
Diligence Package: A copy of the purchase and sale agreement 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, September 25th at 11:00 AM and ends Wednesday September 30th, 2026 starting at 11:00AM.
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.