404 S Philadelphia Blvd, ABERDEEN, MD

$650,000

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7,493

Square feet

0.75

Acres

About 404 S Philadelphia Blvd

404 S Philadelphia Blvd is a well positioned commercial property perfect for Retail Development! It has 146ft of frontage on Philadelphia Blvd. It is a .75ac lot. This padsite faces Rt 40 along the prime retail corridor with upwards of 30,000 vehicles per day. There are many different national tenants within 2 miles of this site along Philadelphia Blvd and Pulaski Hwy including NTB, 7-eleven, Walmart, Lidl, Advanced Auto Parts, Sunoco, Midas, Precision Tune, Royal Farms and many others. The site currently has an Apartment building in the front with 4 units. 3 out of 4 are currently occupied with month to month leases. There is a Motel in the middle of the property which is currently vacant but could be reopened for full operation with 12 units inside. There is an additional residential unit behind the motel which is currently occupied with a monthly lease as well. This property could be developed for a National Retailer or it could be reopened as a Motel w existing apartments in the front and rear buildings. The property is in the Greater Aberdeen/Havre de Grace Enterprise Zone so there may be tax credits available to the buyer or tenant. It is also in the opportunity zone for investors looking to defer capital gains! This would be an excellent development site for any major retailer looking for significant visibility. This property is also available for a land lease at $48,000/yr .

Features of 404 S Philadelphia Blvd

MLS® # MDHR231636
Price $650,000
Bathrooms 0.00
Square Footage 7,493
Acres 0.75
Year Built 1940
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 404 S Philadelphia Blvd
City ABERDEEN
County HARFORD-MD
State MD
Zip Code 21001

Amenities

Is Waterfront No

Interior

Heating Other
Cooling Other
Has Basement No
Fireplace No

School Information

District HARFORD COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed April 18th, 2019
Days on Market 975
Zoning B3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Listing Agent Donald Feazell
Listing Office Garceau Realty
Listing Office Phone 4108030714

Listing Map

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