Change Real Estate Presents:

3523 Glenmore Avenue
Baltimore MD 21206

For Sale: $7,800,000.00 Pending

List Date: 2025-09-03

Baltimore
8,232 land ft2

About This Property

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

Listing Agent: Robert J Lucido. Keller Williams Lucido Agency 410-465-6900 bob@boblucidoteam.com

Property Features

Location Information
County:
Subdivision: None
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Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Central A/C
Heating: 90% Forced Air
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 2014
Legal Subdivision: Ward 27
Parking: Handicap Parking
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Robert J Lucido. Keller Williams Lucido Agency 410-465-6900 bob@boblucidoteam.com

Property Photos [Click to enlarge]

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