Commercial $ 7,800,000

3523 GLENMORE AVE

Baltimore, MD 21206

  • 8,232 Lot Size
  • 2014 Year Built
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
Listed by Robert J Lucido of Keller Williams Lucido Agency

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Five Or More Units

    Listing Status Pending

    Purchase Type For Sale

    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

  • Location

    State MD

    County Baltimore City

    Zoning R-4

  • Building

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

    Sewer Public Sewer

    Water Public

    New Construction N

  • 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

  • Schools

    School District Baltimore City Public Schools

  • Others

    Tax ID 0327035668C011

    Ownership Fee Simple

    Special Listing Condition Standard

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