1029-1031 W. 36th St. | 1029-1031 W 36th St
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1029-1031 W. 36th St. 1029-1031 W 36th St
8 Unit Apartment Building $2,686,106 CAD ($335,763 CAD/Unit) 7.42% Cap Rate Baltimore, MD 21211
Investment Highlights
- Just blocks from interstate 1-83
- High traffic location
- Walkable to Johns Hopkins University Homewood Campus
Executive Summary
AVENUE REAL ESTATE IS PLEASED TO PRESENT the opportunity to acquire this newly redeveloped, Mixed-use gem in Baltimore’s Beloved Hampden.
LOCATED ON A HIGH TRAFFICCORNER OF ‘The Avenue"....W. 36th St. Baltimore city’s historic and charming retail tourist district. This project is walkable to Johns Hopkins University Homewood Campus & just blocks from the I-83 Falls Rd. exit, making any commute a breeze. The property has two retail Tenants in place -- "Grano Pasta Bar", a popular fixture in Baltimore, featured on the Food Network's Diners Drive-ins and Dives, along with "Sandy's Place" a gift shop focused on Baltimore's local brands and sports apparel. The property was overhauled in 2021-2022, scaping an older structure and building new on that portion of the project. The end result is Two (2) brand new furnished studio apartments, One (1) 1-bedroom/2-bath unit, One (1) 2-bedroom/1-bath unit and One (1) 1-bedroom/1-bath unit. Lastly, two new small retail/gallery/office suites have been created along the Hickory Ave. street front, and are leased by Grano. (**all residential units are newly constructed in 2022. Please call listing broker for more information or to schedule a tour.
LOCATED ON A HIGH TRAFFICCORNER OF ‘The Avenue"....W. 36th St. Baltimore city’s historic and charming retail tourist district. This project is walkable to Johns Hopkins University Homewood Campus & just blocks from the I-83 Falls Rd. exit, making any commute a breeze. The property has two retail Tenants in place -- "Grano Pasta Bar", a popular fixture in Baltimore, featured on the Food Network's Diners Drive-ins and Dives, along with "Sandy's Place" a gift shop focused on Baltimore's local brands and sports apparel. The property was overhauled in 2021-2022, scaping an older structure and building new on that portion of the project. The end result is Two (2) brand new furnished studio apartments, One (1) 1-bedroom/2-bath unit, One (1) 2-bedroom/1-bath unit and One (1) 1-bedroom/1-bath unit. Lastly, two new small retail/gallery/office suites have been created along the Hickory Ave. street front, and are leased by Grano. (**all residential units are newly constructed in 2022. Please call listing broker for more information or to schedule a tour.
Property Facts
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Walk Score ®
Walker's Paradise (98)
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 13-13-3528-050 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $815,045 CAD |
PROPERTY TAXES
Parcel Number
13-13-3528-050
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$815,045 CAD
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Mike Gioioso -
Ross Conn -
Avenue Real Estate
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1029-1031 W. 36th St. | 1029-1031 W 36th St
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