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3010-3030 Liberty Heights ave 3 Properties Offered at £2,234,430 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 - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
£174,550
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
£174,550
|
| Taxes |
£15,857
|
| Operating Expenses |
£16,138
|
| Total Expenses |
£31,995
|
| Net Operating Income |
£142,555
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £174,550 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | £174,550 |
| Taxes | |
|---|---|
| Annual | £15,857 |
| Operating Expenses | |
|---|---|
| Annual | £16,138 |
| Total Expenses | |
|---|---|
| Annual | £31,995 |
| Net Operating Income | |
|---|---|
| Annual | £142,555 |
PROPERTY FACTS
| Price | £2,234,430 | Number of Properties | 3 |
| Price psf | £148.62 / sq ft | Individually For Sale | 0 |
| Yield | 6.38% | Total Property Size | 15,035 sq ft |
| Sale Type | Investment or Owner Occupier | Total Land Area | 5.86 ac |
| Status | Active |
| Price | £2,234,430 |
| Price psf | £148.62 / sq ft |
| Yield | 6.38% |
| Sale Type | Investment or Owner Occupier |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Property Size | 15,035 sq ft |
| Total Land Area | 5.86 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 3030 Liberty Heights Ave, Baltimore, MD 21215 | Land | 4.52 ac | - | - |
| 3020 Liberty Heights Ave, Baltimore, MD 21215 | Retail | 10,538 sq ft | 1950 | - |
| 3010 Liberty Heights Ave, Baltimore, MD 21215 | Specialist | 4,497 sq ft | 1950 | - |
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3010-3030 Liberty Heights ave
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