MD > Baltimore
Baltimore, MD 21206,3523 GLENMORE AVE
Baltimore, MD 21206,3523 GLENMORE AVE
Baltimore, MD 21206,3523 GLENMORE AVE
Baltimore, MD 21206,3523 GLENMORE AVE
Baltimore, MD 21206,3523 GLENMORE AVE
Baltimore, MD 21206,3523 GLENMORE AVE
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Melissa Young

Melissa Young

+1(267) 259-2432
Listed by Robert J Lucido • Keller Williams Lucido Agency
$ 7,800,000
Est. payment | /mo

8,232 SqFt

Save
$ 7,800,000
Est. payment | /mo
Save

8,232 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,232 sqft

Price per Sqft $947

MLS Listing ID MDBA2182090

Year Built 2014

Annual Tax Amount $13,608

Tax Year 2024

Lot Size 8,232 Sqft

Acres 0.19

Property Sub-Type Five Or More Units

Source BRIGHT

Property 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

Location

State MD

County Baltimore City

Zoning R-4

Interior

Hot Water Natural Gas

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Water Access N

Accessibility 36\"+ wide Halls, Chairlift, Mobility Improvements, Wheelchair Height Mailbox, Wheelchair Height Shelves, Other

Total Parking Spaces 4

Garage N

Building

Lot Description Backs to Trees, Landscaping, Partly Wooded, SideYard(s)

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0327035668C011

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)

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agent
Melissa Young

Agent | License ID: 0787303

+1(267) 259-2432

129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States

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3523 GLENMORE AVE