404 S PHILADELPHIA BOULEVARD Commercial $695,000— Listed by Donald Feazell, Garceau Realty

404 S PHILADELPHIA BOULEVARD Commercial $695,000— Listed by Donald Feazell, Garceau Realty

MLS - Broker Listed Properties

Updated on Jun 20, 2019

404 S Philadelphia Blvd is a well positioned commercial property perfect for Retail... $695,000

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Price$695,000
Bedrooms0
Bathrooms0
Address404 S PHILADELPHIA BOULEVARD
ABERDEEN, MD 21001
StatusActive
BrokerGarceau Realty
Phone(410) 803-0714
Web site http://www.garceaurealty.com
AgentDonald Feazell
Phone(410) 803-0714
Located in ABERDEEN, MD
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 .

    Taxes

  • $10,804
  • General

  • Provider name: Garceau Realty
  • Provider category: Broker
  • Property type: Commercial
  • Property sub type: Other
  • Listing category: Purchase
  • Mls name: Bright MLS
  • Mls number: MDHR231636
  • Lot size: 0.7472
  • Year built: 1940
  • Listing date: 2019-04-18
  • Listing title: Commercial - ABERDEEN, MD
  • Architecture style: Other
  • Has disabled access: yes
  • Is new construction: no
  • Roof types: Unknown
Copyright © 2019 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
 

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