Bel Air, MD 21015,2128 N FOUNTAIN GREEN RD
Bel Air, MD 21015,2128 N FOUNTAIN GREEN RD
Bel Air, MD 21015,2128 N FOUNTAIN GREEN RD
Bel Air, MD 21015,2128 N FOUNTAIN GREEN RD
Bel Air, MD 21015,2128 N FOUNTAIN GREEN RD
Bel Air, MD 21015,2128 N FOUNTAIN GREEN RD
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$1,680,000

$750,000

124.0%
Est.Price: ?

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Est. payment /mo

1,960 SqFt


SOLD DATE : 03/11/2024

Key Details

Sold Price $1,680,000

Property Type Commercial

Sub Type Special Purpose

Listing Status Sold

Purchase Type For Sale

Square Footage 1,960 sqft

Price per Sqft $857

Subdivision None Available

MLS Listing ID MDHR2027872

Sold Date 03/11/24

Originating Board BRIGHT

Year Built 2000

Annual Tax Amount $18,152

Tax Year 2023

Lot Size 0.497 Acres

Acres 0.5

Property Description

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, January 29, 2023. Live On Site Auction - Thursday, February 1, 2024 at 11: 15 AM. List price is opening bid only. $100,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction.

The property is situated in the Bel Air area of central Harford County, along the south side of North Fountain Green Road Road, between the Hickory/Belair Bypass (US-1) and Conowingo Road. The site is located at the front of the Hickory Village Center, a retail development containing a Redner’s grocery store and Burger King, and is bordered by independent restaurants and other businesses. Daily traffic counts (AADT) are 7,491 cars on N. Fountain Green Road, 11,973 cars on Conowingo Road and 23,443 Hickory/Belair 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 thee miles south of the site.

Rental Info: Triple net ground lease to Baltimore County Savings Bank, now First National Bank, dated May 28, 1998. The current lease is in the first five-year extension period, running through January 2025, with an annual rent of $83,952.36 NNN. There are 3 remaining five-year options at increased rentals. The extension beginning 2/1/2025 has an annual rent of $96,545.16 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.

Location

State MD

County Harford

Zoning B3

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Garage Spaces 20.0

Water Access N

Accessibility None

Total Parking Spaces 20

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Harford County Public Schools

Others

Tax ID 1303335682

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Auction

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Bright MLS (BMLS)
Listed by Charles N Billig • A.J. Billig & Company
Bought with Jon Stavrinos • Commercial Real Estate Services of Maryland
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