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3301 Garrison Blvd Baltimore, MD 21216

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For Sale
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Mixed-use property with retail units and apartment potential.

Lot size:
0.40 Acres

Property Features for 3301 Garrison Blvd

General Information

Standard status
Active
Lot size
0.40 Acres

Building Details

Year built
1924

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Listing Contact
Marty A Saunders
Source: Exitrealty

Listing Agency: Advance Realty, Inc. Listing Agent: Marty A Saunders

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Retail and Apartment Investment Opportunity

This property presents an investment opportunity with seven existing retail units and the potential for twelve two-bedroom apartments. The current retail spaces generate income, with potential for increased revenue. Retail unit #1 rents for $1,500 per month, retail unit #2 for $1,500 per month, retail unit #3 for $1,500 per month, retail unit #4 for $1,500 per month, retail unit #5 for $1,500 per month and retail unit #6 for $2,000 per month. Retail #7 has a potential of $4,000 per month. Additionally, there is potential for $4,000 per month from 3836 W. Forest Park. The estimated rent for each of the twelve potential two-bedroom apartments ranges from $1,200 to $1,400 monthly. Each commercial property has separate gas, electric, and water heater. It is recommended that each apartment has its own separate gas, electric, HVAC, and water heater when renovated. The property is being sold in "As-Is" condition.
Location Intelligence

Current Use by Public Records

Furniture Depot Furniture & Home Goods Liberty Mattress Discounter Furniture & Home Goods Phone Shop 2 Electronics & Wireless Store

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Baltimore
County
Baltimore
State
Maryland
Longitude
-76.6822742
Latitude
39.3265744

FAQs

What type of property is this?
Retail space - Mixed-use property with retail units and apartment potential.
Where is this retail space located?
The property is located at 3301 Garrison Blvd Baltimore, MD.
What are key features of this property?
This property features: - Seven existing retail units provide immediate rental income.; - Potential for significant additional income from 12 two-bedroom apartments.; - Each commercial unit has separate gas, electric, and water heater.
More about this property
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