3700 Falls Rd - Drug Store FOR SALE


Baltimore, MD 21211- Hampden
$2,499,000 USD
301-275-5509
3700 Falls Rd, Baltimore, MD for Sale
$2,499,000 USD
Drug Store - FOR SALE
1/7
null | Request Cap Rate

3700 Falls Rd
Baltimore, MD 21211
Hampden


HIGHLIGHTS

  • 10,000 SF freestanding building; plus 2,500 SF at-grade lower level for storage
  • Located in the heart of Hampden, less than 1 mile to Johns Hopkins University
  • Excellent visibility and hard-corner access
  • 21 surface parking spaces
  • Previously occupied by Walgreens — strong foundation for future uses
  • Open, flexible floor plan; potential for single or multi-tenant uses

OVERVIEW

Avenue Real Estate is pleased to present the sale of 3700 Falls Road, a well-maintained 12,500 SF freestanding retail building delivered 100% vacant, situated on a 0.43-acre parcel at the signalized northwest corner of Falls Road and W. 37th Street in the heart of Hampden. The building offers excellent visibility and access from its hard-corner position, with an open, flexible floor plan that accommodates a variety of single or multi-tenant configurations. The property includes 21 surface parking spaces — a rare amenity in a neighborhood where parking is the primary constraint on retail expansion. An additional 2,500 SF at-grade lower level provides storage and back-of-house. C-1 zoning accommodates the full range of neighborhood commercial uses driving demand along the corridor. Previously occupied by Walgreens, the property provides a new owner with a strong foundation for a wide range of future uses. The site sits one block north of "The Avenue" (W. 36th Street), Hampden's celebrated retail and dining corridor, and within walking distance of the Rotunda, Woodberry, and Whitehall Mill. Falls Road carries strong daily traffic counts feeding the Jones Falls Expressway, and the Woodberry Light Rail stop is minutes away. Hampden is among the city's most affluent enclaves, with a trade area drawing from Roland Park, Medfield, Remington, and Hopkins' Homewood campus — a dense, high-income, high-education base that has supported a decade of successful independent retail, restaurant, brewery, and creative-office concepts.

FOR SALE DETAILS

PRICE

$2,499,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

C-1

APN/PARCEL ID

3541-021

ASK ABOUT THIS PROPERTY

Ross ConnAvenue Real EstateMore Info
301-275-5509

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

Ross ConnAvenue Real EstateMore Info
301-275-5509

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