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Investment Highlights
- Opportunity to acquire a critical mass of commercial real estate along the Greenmount Avenue Corridor immediately east of Johns Hopkins University.
- Compelling value-add opportunity driven by significant deferred maintenance and leasing upside
- Properties vary in use, condition & include renovated flex office building (3028-3030), 45% leased retail strip (3010-3016), & vacant mid-renovation
Executive Summary
The Greenmount Avenue Portfolio offers investors an opportunity to acquire ten commercial properties strategically located along Baltimore’s Greenmount Avenue Corridor, immediately east of Johns Hopkins University. The portfolio includes a combination of retail spaces, office buildings, and a renovated flex office component, positioned to serve one of Baltimore’s most prominent growth areas.
This collection represents a compelling value-add investment driven by significant leasing upside and visible deferred maintenance improvements. Current tenancy includes partially leased retail properties and a 45% occupied retail strip, alongside properties in mid-renovation and vacated status suitable for repositioning.
The properties are situated within walking distance to surrounding neighborhoods and benefit from strong connectivity to major Baltimore transit routes, ensuring accessibility to Downtown, Johns Hopkins University, and adjacent commercial hubs. With an active urban setting and consistent demand for neighborhood services and mixed-use space, the Greenmount Avenue Portfolio presents numerous strategies for stabilization and long-term revenue growth.
This collection represents a compelling value-add investment driven by significant leasing upside and visible deferred maintenance improvements. Current tenancy includes partially leased retail properties and a 45% occupied retail strip, alongside properties in mid-renovation and vacated status suitable for repositioning.
The properties are situated within walking distance to surrounding neighborhoods and benefit from strong connectivity to major Baltimore transit routes, ensuring accessibility to Downtown, Johns Hopkins University, and adjacent commercial hubs. With an active urban setting and consistent demand for neighborhood services and mixed-use space, the Greenmount Avenue Portfolio presents numerous strategies for stabilization and long-term revenue growth.
Property Facts
| Sale Type | Investment | Individually For Sale | 7 |
| Status | Active | Total Building Size | 46,974 SF |
| Number of Properties | 10 | Total Land Area | 1.66 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 10 |
| Individually For Sale | 7 |
| Total Building Size | 46,974 SF |
| Total Land Area | 1.66 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3014 Vineyard Ln, Baltimore, MD 21218 | Land | 0.04 AC | - | - |
| 3016 Vineyard Ln, Baltimore, MD 21218 | Land | 0.02 AC | - | - |
| 3011-3017 Greenmount Ave, Baltimore, MD 21218 | Office | 6,848 SF | 1920 | - |
| 3334-3338 Greenmount Ave, Baltimore, MD 21218 | Office | 3,936 SF | 1930 | - |
| 3313 Greenmount Ave, Baltimore, MD 21218 | Retail | 9,063 SF | 1920 | - |
| 3010-3016 Greenmount Ave, Baltimore, MD 21218 | Retail | 7,912 SF | 1950 | - |
| 3117 Greenmount Ave, Baltimore, MD 21218 | Retail | 7,000 SF | 1920 | - |
| 3326-3330 Greenmount Ave, Baltimore, MD 21218 | Retail | 6,316 SF | 1900 | - |
| 3107 Greenmount Ave, Baltimore, MD 21218 | Retail | 4,029 SF | 1954 | - |
| 3360 Greenmount Ave, Baltimore, MD 21218 | Retail | 1,870 SF | 1920 | - |
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