SOLD
$900,000
Sold Date 05/18/2023
3308 GREENMOUNT AVE
Baltimore, MD 21218
0.44
Acres Lot
Other
309 days on Nestfully
23 views
3308 Greenmount Avenue is just steps away from the bustling intersection of 33rd Street and Greenmount Avenue in Waverly, Baltimore. This offering provides an opportunity to purchase .436 acre of C-1 zoned land in the heart of an up-and coming neighborhood in North Central Baltimore. Potential redevelopment as 63 apartments with street-level retail.Comprised of 3308 – 3318 Greenmount Avenue, this property is split into four retail units. One space is vacant; another is on a month-to-month lease; the last two are on long-term leases, with tenants open to buy-out.Currently occupied by a convenience store, a grocery store, and a restaurant.This .436 acre (18,992 sq. ft.) site has C-1 zoning, which allows most office and retail uses, and allows up to 63 apartments to be constructed by right.New apartments at 1100 East 33rd Street rent for up to $1,700 for a 1 Bedroom unit, and $2,100 for a 2 Bedroom unit.
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