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3409 Greenmount Ave 2,086 SF Retail Building Baltimore, MD 21218 $205,456 CAD ($98.49 CAD/SF)
Investment Highlights
- Fully Occupied
- Waverly Neighborhood
- Storefront + Apartment
Executive Summary
*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,
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,
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,086 SF
Building Class
C
Year Built
1920
Price
$205,456 CAD
Price Per SF
$98.49 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.80
Lot Size
0.06 AC
Zoning
C-1 - Commercial
Frontage
26’ on Greenmount Ave
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4049C-005 | Improvements Assessment | $277,385 CAD (2025) |
| Land Assessment | $57,145 CAD (2025) | Total Assessment | $334,529 CAD (2025) |
Property Taxes
Parcel Number
4049C-005
Land Assessment
$57,145 CAD (2025)
Improvements Assessment
$277,385 CAD (2025)
Total Assessment
$334,529 CAD (2025)
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3409 Greenmount Ave
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