$200,000

19 W Bel Air Ave

ABERDEEN MD, 21001

Description

ALL RESTAURANT EQUIPMENT WILL CONVEY WITH THE PROPERTY. List price to be opening bid at the public auction sale. Opening bid; $200,000. Online Only Auction! Bidding Begins Friday, September 18th @ 1:00 pm and ends on Wednesday, September 23rd, 2020 @ 1:00 pm. Commercial Building with Prime Retail Frontage, Office Space and Parking in the "Aberdeen" Area of Harford County, Maryland **Gross Potential Annual Rent of $60,430** Location: Aberdeen is located in Harford County, Maryland, which is in the Baltimore metropolitan area. Located on one of the main avenues in Aberdeen, you have easy access to local dining, shopping, and entertainment. Many residents use Amtrak to travel into downtown Baltimore, and for driving, I-95 is easily accessible. Site and Improvements: A 7,510 +/- sq. ft. commercial building zoned B2 (Community Business District) situated on a 0.16 +/- acre lot with ample parking. The building has a retail unit on the front ground level and an office unit on the rear ground level. The second floor unit is in need of improvement and is currently rented for $500 per month being used as storage. The rear ground floor unit is currently occupied for $1,390 per month with a lease structure that includes paying their pro-rata share of real estate taxes, insurance, operating expenses and other expenses. The tenant has been there since April of 2019 and is on a 5-year lease term. The front ground floor unit is spacious and ideal for a restaurant or an owner operator given the significant square footage, current vacancy and potential for improvement. There is already a partial commercial kitchen build-out in place with a commercial ventilation hood. The building is separately metered for electric. The rear ground floor unit has an electric heat pump system.

Details

MLS#MDHR251300
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1920
Days On Site28

Features

Units2
ZoningB2
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Area Information
StateMD
CountyHARFORD-MD
CityABERDEEN
Zip Code21001
Listing VS Median (in 21001)
Price:
$200,000
low | high
Med:
$209,950
45.025% of Average
On Site:
28
low | high
Med:
163
17.177914110429% of Average
Listing Updated: 09/28/2020
Matthew S Cooper LogoMLS Number: MDHR251300
Listing Provided By:
Matthew S Cooper  of  Alex Cooper Auctioneers Inc.
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