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3010-3030 Liberty Heights ave

3 Properties Offered at £1,975,025 in Baltimore, MD

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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.

Brochure

Taxes & Operating Expenses (Actual - 2023)	Annual
Gross Rental Income	£214,010
Other Income	£11,646
Vacancy Loss	-
Effective Gross Income	£225,655
Taxes	£16,153
Operating Expenses	£61,817
Total Expenses	£77,970
Net Operating Income	£147,685

Taxes & Operating Expenses (Actual - 2023)

Gross Rental Income
Annual	£214,010

Other Income
Annual	£11,646

Vacancy Loss
Annual	-

Effective Gross Income
Annual	£225,655

Taxes
Annual	£16,153

Operating Expenses
Annual	£61,817

Total Expenses
Annual	£77,970

Net Operating Income
Annual	£147,685

Property Facts

Price	£1,975,025	Number of Properties	3
Price / SF	£131.36 / SF	Individually For Sale	0
Net Initial Yield	7.48%	Total Building Size	15,035 SF
Sale Type	Investment or Owner User	Total Land Area	5.86 AC
Status	Active

Price	£1,975,025
Price / SF	£131.36 / SF
Net Initial Yield	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	Speciality	4,497 SF	1950	-
3030 Liberty Heights Ave, Baltimore, MD 21215	Land	4.52 AC	-	-