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4 Greenway St NW 15,695 SF 100% Leased Retail Building Glen Burnie, MD 21061 $3,131,321 CAD ($199.51 CAD/SF)



Investment Highlights
- Heavy Daytime Foot Traffic
- Value Add Opportunity / Owner User Opportunity
- Corner Lot located at a signalized intersection
- Mixed Use / Multi -Tenant
- Large Gravel Adjacent Lot - Zoned TC
- In the heart of the Glen Burnie Revitalization Plan
Executive Summary
Great Opportunity!!! Retail Strip for Sale on Crain Hwy. Corner Lot located at a signalized intersection. This property is a mixed-use, multi-tenant investment opportunity. Total building size is 15,695 sqft . The property is Zoned TC (Permitted any use in a C3 district as well as R15 or R22). Fully Leased Ground level retail. Second floor has two units. One of those two units is 8 Crain Hwy N. This space is over 3,000 sf and has been completely renovated from floor to ceiling. Updates include LVP flooring throughout, updated windows. updated restrooms, new LED lighting, to name a few. This space is currently built out for office use. The other second floor unit is 4 Crain Hwy N. This space has loads of potential. At one time it was built out as multi family. This space is over 4,000 sf. The second floor vacancies totaling a little over 7,000 sf offer lots of opportunity for Owner/Users in need of a new headquarters. It also has the potential to be converted back into Multi-family. This property has on-site parking as well as an adjacent 0.33 acre gravel lot. The gravel lot is zoned TC as well(Permitted any use in a C3 district as well as R15 or R22). The building has a new flat roof that conveys with a warranty as well as updated HVAC.
This building is a high-visibility two-story building on Crain Highway, one of Glen Burnie’s most active commercial corridors. Situated minutes from I-97, Route 100, and BWI Airport, this property offers strong regional connectivity and easy access for staff and visitors. Nearby national retailers, restaurants, and community services further enhance the property’s desirability.
This property is a fantastic value-add opportunity located in the Glen Burnie Town Center. It also is positioned right in the center of the action for Glen Burnie Town Center's Revitalization Plan that was launched in 2022. This plan opens up the opportunity for future owners of this property and sets the stage for redevelopment.
This building is a high-visibility two-story building on Crain Highway, one of Glen Burnie’s most active commercial corridors. Situated minutes from I-97, Route 100, and BWI Airport, this property offers strong regional connectivity and easy access for staff and visitors. Nearby national retailers, restaurants, and community services further enhance the property’s desirability.
This property is a fantastic value-add opportunity located in the Glen Burnie Town Center. It also is positioned right in the center of the action for Glen Burnie Town Center's Revitalization Plan that was launched in 2022. This plan opens up the opportunity for future owners of this property and sets the stage for redevelopment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
15,695 SF
Building Class
B
Year Built
1950
Price
$3,131,321 CAD
Price Per SF
$199.51 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.58
Lot Size
0.62 AC
Zoning
TC - Zoned TC (Permitted any use in a C3 district as well as R15 or R22)
Parking
50 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Banking
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Walk Score®
Very Walkable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-326-03612000 | Improvements Assessment | $1,177,077 CAD |
| Land Assessment | $593,791 CAD | Total Assessment | $1,770,868 CAD |
Property Taxes
Parcel Number
05-326-03612000
Land Assessment
$593,791 CAD
Improvements Assessment
$1,177,077 CAD
Total Assessment
$1,770,868 CAD
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4 Greenway St NW
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