
Description
404 S Philadelphia Blvd is a well positioned commercial property perfect for Commercial Development or Reestablishment of existing Motel Usage! The current motel has some fire damage and will need restoration. There are an additional 6 apartment units between the front building and rear building. It has 146ft of frontage on Philadelphia Blvd at a median break on Pulaski hwy allowing entry from both sides of Pulaski traffic. It is a .75ac lot and is also available for sale. 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 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.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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7,493SQFT
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$6$/SQFT
Description
404 S Philadelphia Blvd is a well positioned commercial property perfect for Commercial Development or Reestablishment of existing Motel Usage! The current motel has some fire damage and will need restoration. There are an additional 6 apartment units between the front building and rear building. It has 146ft of frontage on Philadelphia Blvd at a median break on Pulaski hwy allowing entry from both sides of Pulaski traffic. It is a .75ac lot and is also available for sale. 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 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.
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