3523 Glenmore Avenue
Baltimore, MD, 21206 $ 7,800,000
Bedrooms-- Baths-- Sq 3,500 Monthly Estimate*
$ 48,662
for $7,800,000. This 3,500 square foot building was built in 2014 on a lot size of 0.19.
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
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Immediate Negotiable Settlement
Zoning R-4
Construction Materials Brick
Year Built 2014
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Other
Accessibility 36 + wide Halls Chairlift Mobility Improvements Wheelchair Height Mailbox Wheelchair Height Shelves Other
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Possible Use Senior Assisted/Day Care
Water Access Y/N N
Status PENDING
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.
City BALTIMORE
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 8232.00
Tax Annual Amount 13608.0
Price Per Sq Ft Total AG 1607.92
Vacation Rental Y/N N
Standard Status Pending
Year Built Source Assessor
Legal Subdivision Ward 27
Tax Lot 011
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ExteriorParking Features Handicap Parking
Lot Features Backs to Trees Landscaping Partly Wooded SideYard(s)
Water Source Public
Type of Parking Driveway On Street
Water View Y/N N
Building Area Total 4851.00
Lot Size Acres 0.19
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 57300.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Lucido AgencyBroker
bob@boblucidoteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $48,662
- Monthly Property Taxes
- $1,134
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Baltimore, MD
Average List Price $754,285
Percent of Sale Price 90%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/3/2025 | $7,800,000 | | Listed Price |