3529 Dolfield Ave - Storefront FOR SALE


Baltimore, MD 21215
$2,950,000 USD
410-977-9390
3529 Dolfield Ave, Baltimore, MD for Sale
$2,950,000 USD
Storefront - FOR SALE
1/28
null | 7.39% Cap Rate

3529 Dolfield Ave
Baltimore, MD 21215


HIGHLIGHTS

  • Premiere location off of Wabash Ave
  • Located near public transportation
  • Same Owner has managed the Center for 31 years

OVERVIEW

Dolfield Plaza is a fully leased retail shopping center comprising 11 units, with approximately 14,656 finished square feet on a lot size of 0.61 acres. Zoned C-2, this property is strategically located at a busy, walkable intersection of Dolfield Avenue and W Cold Spring Lane, directly across from the Dolfield Avenue Post Office and in close proximity to Loyola College. Managed by the same owner for 31 years, Dolfield Plaza presents significant potential for rent increases on select units under new ownership. The building is low maintenance, with eight units occupied by long-term tenants engaged in diverse retail businesses, including a beauty supply store, barber shop, carry-out restaurant, pharmacy, and medical clinic. The remaining three units have been recently leased. The property is being sold As-Is.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

7.39%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,789 SF

ZONING

C-2

APN/PARCEL ID

15-21-3122-020

ASK ABOUT THIS PROPERTY

Gopal HarianiBerkshire Hathaway HomeServices PenFed RealtyMore Info
410-977-9390

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Gopal HarianiBerkshire Hathaway HomeServices PenFed RealtyMore Info
410-977-9390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.