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Fully Leased Retail Investment Property
For Sale
$500,000

3019-3021 GREENMOUNT Ave, Baltimore, MD 21218

Two-unit retail property generating $36,000 annually with recent upgrades.

Property SizeContact for details
Days on Market146

Property Features for 3019-3021 GREENMOUNT Ave

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,064

Building Details

Year Built 1920
Units 2
Listing Agency: Monument Sotheby's International Realty
Listed By: Hulya Demir · License #5018756
Source: Elliman
Added: Mar 29 Changed: Aug 8 Last Checked: Aug 21 at 9:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monument Sotheby's International Realty

Investment Insights

Based on property information with market context.

This two-unit retail property is fully leased and generates immediate income. The property features two spacious units, each currently rented at $1,500 per month, resulting in a total monthly income of $3,000 or $36,000 annually. Recent major upgrades include a new HVAC system, a new roof, fresh flooring throughout, and new interior and exterior paint. The building is move-in ready and requires very low maintenance. Located on high-traffic Greenmount Avenue in Baltimore, the property benefits from excellent visibility and strong rental demand. It is suitable for investors seeking stable cash flow or an owner-user looking to occupy one unit while collecting rent from the other. The location has a bike score of 87, indicating it is very bikeable, a walk score of 95, designating it as a walker's paradise, and a transit score of 73, reflecting excellent transit options.

Key Highlights

  • Fully leased, generating $3,000 monthly income.
  • Recent major upgrades including new HVAC and roof.
  • High‑traffic location on Greenmount Avenue with excellent visibility.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Carpet & Flooring Store Kitchen & Bath Showroom Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,579
Businesses Nearby
Under-served
Demand for This Use

Demographics for 21218, MD

46,238
Population
21,751
Households
2.1
Avg Household Size
34
Median Age
44%
College-Educated
90%
High-School Grad
4.3 sq mi
ZIP Area
10,753
Density / Sq Mi
$58,378
Median Household Income
$38,316
Median Earnings
$1,239
Median Rent
$229,800
Median Home Value

Market

Vacancy Rate% for Retail in Baltimore, MD

5.8% 2019
7.2% 2020
7% 2021
6.3% 2022
5.9% 2023
5.9% 2024
6.6% 2025
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Similar Off Market Nearby

  • SameDay-FlowerDelivery 3339 greenmount ave, baltimore, md 21218
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Frequently Asked Questions

What type of property is this?
Storefront property - Two-unit retail property generating $36,000 annually with recent upgrades.
Where is this storefront property located?
The property is located at 3019-3021 GREENMOUNT Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Fully leased, generating $3,000 monthly income.; Recent major upgrades including new HVAC and roof.; High‑traffic location on Greenmount Avenue with excellent visibility.
More about this property
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