Buy It Now: $350,000 - Office Building & Adjoining Lot

  Buy It Now: $350,000 

High Exposure 
OFFICE BUILDING 
& ADJOINING LOT 
3,780± Sq. Ft. ◆ 0.46± Acre ◆ Parking 
– Zoned M-1 – Light Industrial – 

 
312-314 N. PHILADELPHIA BOULEVARD 
A/K/A PULASKI HIGHWAY (US-40) 
Near Beards Mill Road 
Aberdeen, Harford County, MD 21001 

NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

LOCATION:
312 N. Philadelphia Boulevard and adjoining lot are located on Pulaski Highway (US-40), just east of the Aberdeen Throughway (MD-22), in the Aberdeen area of northern Harford County. Aberdeen is well known as the home of the Aberdeen Proving Ground (APG), which is approximately 4 miles south of the property. According to the APG homepage, www.apg.army.mil, “With more than 21,000 civilian, military and contractor employees, APG is Harford County’s largest employer and one of the largest employers in the state of Maryland.” Proximity to I-95 makes Aberdeen an attractive location for companies providing services and materials throughout the I-95 corridor. Surrounding properties include distribution centers, material services, automotive businesses and storage facilities.

The building features excellent exposure along Pulaski Highway, with approximately 100′ of road frontage. According to State Highway Administration GIS Traffic Count Map, approximately 32,940 cars per weekday travel along this segment of Pulaski Highway. The property also has exposure along the Amtrak and CSX rail lines, in front of and behind the building, respectively. The building may be suitable for single user occupancy or multiple tenancy.

For more information, please see:
https://www.aberdeenmd.gov/
http://www.harfordcountymd.gov/

For more information about traffic statistics nearby, please visit:
http://www.roads.maryland.gov/index.aspx?PageId=838

SITE:
The property is comprised of two parcels comprising a total of 0.46 acre, more or less

• 312 N. Philadelphia Boulevard (Tax ID 02-004372) – Rectangular lot 50′ front by 200′ deep, comprising 0.23 acre, more or less.
• 314 N. Philadelphia Boulevard – Formally known as Route 40 (Lot 29) and Tax ID 02-004364 – Rectangular lot 50′ front by 200′ deep, comprising 0.23 acre, more or less.
• 100′ total road frontage on Pulaski Highway/US-40
• Driveway access on Pulaski Highway/US-40 (no curbing)
• Asphalt paved parking area for 20+ vehicles

All public utilities

Aberdeen Town Zoning – M-1, Light Industrial

Aberdeen Zoning Map

Aberdeen Planning and Zoning Department

Aberdeen Zoning Code

IMPROVEMENTS:
Three story free-standing building. According to tax records, the building was constructed in 1945 and contains 3,760 square feet above grade. The basement is unfinished, and estimated to contain 1,260 square feet. Building dimensions are 30′ front by 42′ deep. The building has been substantially renovated, with new exterior facade, new electrical service, plumbing rough-ins, zoned HVAC, new sheet rock and drywall, recessed lighting and is ready for completion.

Exterior
Masonry block construction
Stone and vinyl siding facade
Asphalt architectural shingle roof
Vinyl-clad replacement windows
Aluminum down spouts and rain gutters
Front, side and rear entrances on the first floor
Exterior entrances on the second and third floors (requiring exterior stair access)
Concrete ramp at the front of the building

Interior
The upper three floors are arranged for office space. Each floor has a mixed office arrangement with rough-ins for a powder room. The first floor also has rough-ins for a kitchenette. The basement is unfinished, suitable for utility and storage space. Unfinished attic space.

Mechanical
3 zoned HVAC (forced air heat and central air)
Two 200 amp. electrical panels with additional sub-panels

TITLE:
In fee simple; sold free and clear of all liens

TAXES:
Published annual real estate taxes are:

• 312 N. Philadelphia Boulevard – $3,828.70, based on a full value assessment of $371,200.
• Tax ID 02-004364 – $1,609.12, based on a full value assessment of $160,000
• Total Tax – $5,437.82

TERMS OF SALE:
A 10% deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place on or before Monday, August 27, 2018. If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in “AS IS” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of contract forward. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Seller is unable to convey good and marketable title, the purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law. Time is of the essence.