SOLD
$693,000
Sold Date 07/25/2023
705 S PHILADELPHIA BLVD
Aberdeen, MD 21001
0.93
Acres Lot
Other
71 days on Nestfully
43 views
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.
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