3010-3030 Liberty Heights ave
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3010-3030 Liberty Heights ave
3 Properties Offered at $2,500,000 in Baltimore, MD
Executive Summary
Portfolio of Retail Strip and 4.52 Acres of development-ready land being marketed for sale.
(Previously marketed with Car Wash Business but Business it's under contract - scheduled to close by end of Aug)
Locate on Liberty Heights Blvd, the building consists of 7 retail stores with car wash as an anchor tenant.
This Property can be purchased as a portfolio purchase as follows:
1. Ashburton Shopping Center (3010-3020 Liberty Heights)
13,000 SF strip is occupied by a diverse mix of food & beverage, salon, office, florist and service provider tenants.
G. Rent $285K/NOI $187K
2. Land (3030 Liberty Heights)
4.52 Acres of Medium Density Residential on left and M1/I1 Light industrial on right. (See attached zoning map)
Just minutes away from Mondawmin Metro Bus / SubwayLink station, Mondawin Mall, TGI Fridays, Walgreens, Planet Fitness, Burger King, Dunkin, Subway, 7 Eleven, BOA, Chase, Capital One, Coppin University and within 5 miles from John Hopkins University.
A corner tenant of this strip center is a drive-thru fully automatic Liberty Car Wash with a drive-thru.
(Previously marketed with Car Wash Business but Business it's under contract - scheduled to close by end of Aug)
Locate on Liberty Heights Blvd, the building consists of 7 retail stores with car wash as an anchor tenant.
This Property can be purchased as a portfolio purchase as follows:
1. Ashburton Shopping Center (3010-3020 Liberty Heights)
13,000 SF strip is occupied by a diverse mix of food & beverage, salon, office, florist and service provider tenants.
G. Rent $285K/NOI $187K
2. Land (3030 Liberty Heights)
4.52 Acres of Medium Density Residential on left and M1/I1 Light industrial on right. (See attached zoning map)
Just minutes away from Mondawmin Metro Bus / SubwayLink station, Mondawin Mall, TGI Fridays, Walgreens, Planet Fitness, Burger King, Dunkin, Subway, 7 Eleven, BOA, Chase, Capital One, Coppin University and within 5 miles from John Hopkins University.
A corner tenant of this strip center is a drive-thru fully automatic Liberty Car Wash with a drive-thru.
Taxes & Operating Expenses (Actual - 2023) |
Annual |
|---|---|
| Gross Rental Income |
$270,895
|
| Other Income |
$14,741
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$285,636
|
| Taxes |
$20,447
|
| Operating Expenses |
$78,248
|
| Total Expenses |
$98,695
|
| Net Operating Income |
$186,941
|
Taxes & Operating Expenses (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $270,895 |
| Other Income | |
|---|---|
| Annual | $14,741 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $285,636 |
| Taxes | |
|---|---|
| Annual | $20,447 |
| Operating Expenses | |
|---|---|
| Annual | $78,248 |
| Total Expenses | |
|---|---|
| Annual | $98,695 |
| Net Operating Income | |
|---|---|
| Annual | $186,941 |
Property Facts
| Price | $2,500,000 | Number of Properties | 3 |
| Price / SF | $166.28 / SF | Individually For Sale | 0 |
| Cap Rate | 7.48% | Total Building Size | 15,035 SF |
| Sale Type | Investment or Owner User | Total Land Area | 5.86 AC |
| Status | Active |
| Price | $2,500,000 |
| Price / SF | $166.28 / SF |
| Cap Rate | 7.48% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 15,035 SF |
| Total Land Area | 5.86 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3020 Liberty Heights Ave, Baltimore, MD 21215 | Retail | 10,538 SF | 1950 | - |
| 3010 Liberty Heights Ave, Baltimore, MD 21215 | Specialty | 4,497 SF | 1950 | - |
| 3030 Liberty Heights Ave, Baltimore, MD 21215 | Land | 4.52 AC | - | - |
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3010-3030 Liberty Heights ave
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