3409 Greenmount Ave - Storefront FOR SALE


Baltimore, MD 21218- Waverly
$150,000 USD
410-977-4711
3409 Greenmount Ave, Baltimore, MD for Sale
$150,000 USD
Storefront - FOR SALE
1/44
null | Request Cap Rate

3409 Greenmount Ave
Baltimore, MD 21218
Waverly


HIGHLIGHTS

  • Fully Occupied
  • Storefront + Apartment
  • Waverly Neighborhood

OVERVIEW

*LIST PRICE IS OPENING BID AT ONLINE AUCTION* 3409 Greenmount Ave | Baltimore, MD – Income-Producing Mixed-Use Opportunity in Waverly Fully tenant-occupied mixed-use property located in the vibrant Waverly neighborhood of Baltimore City. This two-unit building features a ground-level commercial space and a second-floor residential unit, offering immediate cash flow. Investment Highlights: • Current Monthly Income: $2,715 • Annual Gross Income: $32,580 • Two-unit mixed-use: 1 retail + 1 residential • Separately metered electric Main Level – Commercial Space ($1,800/month): Secured under a 5-year lease (Nov 2025 – Oct 2030) with tenant responsible for utilities per lease terms. Features include a storefront with large glass display windows, laminate wood flooring in the lobby, and a flexible layout with retail area, storage room, open workspace, and mudroom. Kitchenette includes sink and refrigerator, plus a half bath. Lower Level: Full unfinished basement divided into two open areas, ideal for storage or utility use. Includes sump pump, gas water heater, forced hot air system, and two electrical panels. Second Floor – Residential Unit ($915/month | Section 8): Long-term tenant in place. One-bedroom, one-bath unit with private entrance. Carpeted living and bedroom areas, tile kitchen flooring, and forced hot air heat. Tenant pays BGE; landlord covers water. Exterior Features: Fenced backyard and A/C condenser unit. A solid investment opportunity offering dependable rental income with both commercial and residential components in an established Baltimore neighborhood. Diligence Package: A copy of the purchase and sale agreement, lease, lead certificate, association docs, 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 Saturday, May 16th and ends Thursday, May 21, 2026 at 11:00 AM. 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,

FOR SALE DETAILS

PRICE

$150,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C-1

APN/PARCEL ID

4049C-005

ASK ABOUT THIS PROPERTY

Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

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Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.