$2,703,750
$1,250,000
116.3%For more information regarding the value of a property, please contact us for a free consultation.
6,982 SqFt
SOLD DATE : 11/07/2023
Key Details
Sold Price $2,703,750
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 6,982 sqft
Price per Sqft $387
Subdivision None Available
MLS Listing ID MDHR2024750
Sold Date 11/07/23
Originating Board BRIGHT
Year Built 1946
Annual Tax Amount $17,979
Tax Year 2022
Lot Size 1.360 Acres
Acres 1.36
Property Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, September 25, 2023. Live Onsite Auction - Wednesday, September 27, 2023 at 1:00 PM. List price is opening bid only. $100,000 cashier's check deposit required to bid. Triple net ground lease, dated January 6, 2006, to 2119 Conowingo Associates Incorporated, assigned on May 16, 2013 to Hickory Lodge, LLC. Current lease runs through April 2026, with 2 five-year renewal options at increased rentals. Tenant pays for all maintenance, insurance and annual real estate taxes.
The property is situated in the Bel Air area of central Harford County, along the south side of Conowingo Road, just west of Fountain Green Road (MD-543), north of East-West Highway (MD-23) and west of Bel Air Bypass (US-1). The site has good visibility. Daily traffic counts are17,955 cars on Fountain Green Road, 11,743 on East-West Highway and 23,443 on Bel Air Bypass, according to MDOT online mapping. The immediate area is a mixture of community service businesses, surrounded by extensive residential development. Downtown Bel Air is about one mile south of the site.
Location
State MD
County Harford
Zoning B3
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 42.0
Water Access N
Accessibility Other
Total Parking Spaces 42
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Harford County Public Schools
Others
Tax ID 1303335674
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
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Bought with Daniel M Billig • A.J. Billig & Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "