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3010-3030 Liberty Heights ave 3 Properties Offered at $3,000,000 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.

ATTACHMENTS

Brochure

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL
Gross Rental Income $234,355
Other Income -
Vacancy Loss -
Effective Gross Income $234,355
Taxes $21,290
Operating Expenses $21,667
Total Expenses $42,957
Net Operating Income $191,398

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Gross Rental Income
Annual $234,355
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $234,355
Taxes
Annual $21,290
Operating Expenses
Annual $21,667
Total Expenses
Annual $42,957
Net Operating Income
Annual $191,398

PROPERTY FACTS

Price $3,000,000
Price / SF $199.53 / SF
Cap Rate 6.38%
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
3030 Liberty Heights Ave, Baltimore, MD 21215 Land 4.52 AC - -
3020 Liberty Heights Ave, Baltimore, MD 21215 Retail 10,538 SF 1950 -
3010 Liberty Heights Ave, Baltimore, MD 21215 Specialty 4,497 SF 1950 -
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  • Listing ID: 31965394

  • Date on Market: 5/30/2024

  • Last Updated:

  • Address: 3010-3030 Liberty Heights ave, Baltimore, MD

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