Address
3529 Dolfield Avenue, Baltimore, MD
Price
$ 2,950,000
Property Attributes
- MLS#MDBA2117056
- TypeCommercial
- CountyBALTIMORE CITY
- CityBaltimore
- Zip21215
- StyleGeneral Retail
- Year Built1950
- Taxes$ 11918
- Price$ 2,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage14656
- Lot Size0.61 Acres
Data Source:
Bright MLS
Property Description
Dolfield Plaza, 100% leased. A retail shopping center building of 11 units, +/- 14,656 finished sf and lot size of +/- 0.61 acres, zoned C-2, located at busy traffic and walkable intersection of Dolfield Ave and W Cold Spring Lane. Across from the Post Office at Dolfield Ave. Close to Loyola College. Same Owner has managed the Center for 33 years with no increase in rent. Tremendous potential for some units to increase rent to market value by the new Owner. Low maintenance building. Eight units are rented by long term tenants doing various retail business as Beauty supplies, Barber shop, Carry out restaurant, Pharmacy and a Medical Clinic. Remaining 3 units were leased within the last year. Sold As-Is.
| Price History | |
|---|---|
| 3/8/2024 | Listed $2,950,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other |
| Cooling | Other |
| Utilities | Electric Available,Natural Gas Available |
| Possession | Settlement |
| Zoning | C-2 |
| Construction Materials | Brick |
| Year Built | 1950 |
| Property SubType | Retail |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Other/General Retail |
| Accessibility | Doors - Swing In,Level Entry - Main,No Stairs |
| County | BALTIMORE CITY |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | NONE AVAILABLE |
| Possible Use | Barber/Beauty,Commercial,Convenience Store,Food & Beverage,Food Market,Retail,Restaurant |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | W Cold Spring Ln to Dolfield Ave |
| ModificationTimestamp | 2024-03-07T18:47:39 |
| City | BALTIMORE |
| Buyer Agent Compensation | 1.5 |
| Zoning Description | Small to medium scale commercial use in urban corridors. |
| Total Units | 1 |
| Lot Size Square Feet | 26789.00 |
| Tax Assessed Value | 505000.0 |
| Waterfront Y/N | No |
| Street Name | DOLFIELD |
| Tax Annual Amount | 11918.0 |
| Property Condition | Very Good |
| Price Per Sq Ft | 201.28 |
| Acceptable Financing | Cash,Conventional |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 55 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | Ward 15 |
| Tax Lot | 020 |
| Cap Rate | 7.39 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Other |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | No |
Exterior Features
| Lot Features | Level,Private |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Land Use Code | C |
| Water View Y/N | No |
| Building Area Total | 14656.00 |
| Lot Size Acres | 0.61 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 61500.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21215
Price
Taxes
Visits
Year Built
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