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Key Details
Sold Price $693,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,129 sqft
Price per Sqft $135
Subdivision None Available
MLS Listing ID MDHR2021976
Sold Date 07/25/23
Originating Board BRIGHT
Year Built 1979
Annual Tax Amount $12,810
Tax Year 2022
Lot Size 0.930 Acres
Acres 0.93
Property Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, June 19, 2023. Live On Site Auction - Wednesday, June 21, 2023 at 11:00 AM. List price is opening bid only. $60,000+ NNN Annual Income.
705 S. Philadelphia Boulevard, currently known as TB3 Bar and Grill, is located at the corner of Philadelphia Boulevard (US-40) and Old Philadelphia Road in the heart of Aberdeen. Philadelphia Boulevard, known as Pulaski Highway through most of the span between Baltimore and Wilmington, is a major artery across the United States.
The site is comprised of two lots providing a triangle shaped property with substantial exposure and frontage along both Philadelphia Boulevard (US-40) and Old Philadelphia Road. Ample parking, signage and a functional amount of building square footage make the property ideal for entrepreneurs looking to open their own retail location, as well as those investors looking to continue operating the property as a cash-flow asset. The built-in consumer base provided by the expansive number of people working and residing in the immediate area, and further reinforced by the very healthy traffic counts among those passing through, makes the acquisition an attractive retail real estate opportunity for all buyers. The property’s location within a Federally designated Opportunity Zone, providing an array of financial incentives for development, is an additional bonus.
Location
State MD
County Harford
Zoning B3
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 50.0
Water Access N
Roof Type Rubber,Flat
Accessibility None
Total Parking Spaces 50
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Harford County Public Schools
Others
Tax ID 1302000156
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Auction
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Bought with Charles N Billig • A.J. Billig & Company