3523 GLENMORE AVENUE, BALTIMORE, MD 21206
BALTIMORE CITY County
Key Facts
Description
This offering presents a unique opportunity to acquire seven assisted-living facilities along with the ongoing, fully furnished business operation. Built from the ground up by the current owners 15 years ago, the homes are being sold together as a complete package. Collectively, the facilities are licensed for 78 residents, with a current census of 56, reflecting 72% occupancy. Each community is certified with zero deficiencies and supported by a caring, attentive staff, providing meals and assistance with daily living activities in comfortable, park-like residential settings. Current occupancy by facility is as follows: 411 Chapelgate Lane, Baltimore, MD 21229 (Pleasant Garden I) – licensed for 8, currently 5 residents 409 S Chapelgate Lane, Baltimore, MD 21229 (Pleasant Garden II) – licensed for 8, currently 4 residents 5426 Clover Road, Baltimore, MD 21215 (Pleasant Garden Clover) – licensed for 15, currently 12 residents 3603 Glenmore Avenue, Baltimore, MD 21206 (Pleasant Garden Glenmore) – licensed for 8, currently 6 residents 3711 Pinewood Avenue, Baltimore, MD 21206 (Pleasant Garden Pinewood) – licensed for 8, currently 8 residents (100% occupancy) 3523 Glenmore Avenue, Baltimore, MD 21206 (Afternoon Tea) – licensed for 16, currently 12 residents 6511 Rosemont Avenue, Baltimore, MD 21206 (Phoenix Rising) – licensed for 15, currently 9 residents
Property Information
Property Type
Commercial Sale
Year Built
2014
Living Area
4,851 sq ft
Lot Size
0.19 acres
Parking Spaces
4
Zoning
R-4
Days on Market
60
MLS® Listing#
MDBA2182090
Property Features
Appliances
Cooling
Heating
Parking
Lot Features
Construction
Sewer
Water Source
Schools
- District:
- BALTIMORE CITY PUBLIC SCHOOLS
Financial Details
Annual Taxes
$13,608
Tax year 2024
Assessed Value
$584,400
Parcel Number
0327035668C011
Directions
US-1 S/Belair Rd; Turn right onto E Northern Pkwy; Turn left onto Walther Ave; Turn right onto Glenmore Ave; Destination will be on the left.
Affordability Calculator
$1,560,000
Estimated monthly payment
$41,515/mo
Principal $6,240,000 · Est. interest $8,705,355 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in BALTIMORE, MD
- $227,560
- Median Listing Price
- 60
- Median Days on Market
- 1,496
- Median Sq Ft
- $159
- Median Price / Sq Ft
- 3,354
- Active Listings
- This home’s price is 3328% above the area median.
- Its price per sq ft is 911% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in BALTIMORE, MD.
Location
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Points of Interest in BALTIMORE, MD
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1501 GUILFORD AVENUE, BALTIMORE, MD | $5,500,000 | — | — | 265,220 |
| 320 N POINT BOULEVARD, BALTIMORE, MD | $6,999,999 | — | — | 10,000 |
Moving Cost Estimate
EXIT Agents in BALTIMORE
Listing Courtesy: Keller Williams Lucido Agency - 4104656900