Address
404 S Philadelphia Boulevard Aberdeen, MD
Price
$ 650,000
Property Attributes
  • MLS#MDHR231636
  • TypeCommercial
  • CountyHARFORD
  • CityAberdeen
  • Zip21001
  • StyleHotel/Motel
  • Year Built1940
  • Taxes10804
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7493
  • Lot Size0.75 Acres
Listing Provided Courtesy Of:
Garceau Realty
Property Description

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 .

Price History
4/18/2019 Listed $695,000
8/28/2019 7% - $650,000

General Features

Accessibility 32 + wide Doors
Business Type Hotel/Motel
Construction Materials Other
Cool Fuel Other
Cooling Other
County HARFORD
Heating Other
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 86.75
Property SubType Retail
Property Type Commercial Sale
Real Estate Owned Y/N No
Sewer Public Sewer
Tax Year 2018
Vacation Rental Y/N No
Water Access Y/N No
Zoning B3

Interior Features

Central Air Y/N No
Heating Fuel Other
Heating Y/N Yes
Hot Water Other

Exterior Features

Building Area Total 7493.00
Car Parking Spaces 40
Fencing Y/n No
Lot Dimensions 150.00 x 217.00
Lot Size Acres 0.75
Lot Size Source Estimated
Lot Size Square Feet 32550.00
Navigable Water Y/N No
Total Parking Spaces 80
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 21001

Price
AVG $300K
$650K
Taxes
AVG $7,638
$10,804
Visits
AVG 80
108
Year Built
AVG 1948
1940
Walkscore
AVG 43
63
Data Provided by Walkscore ® not using MLS data

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