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Key Details
Sold Price $1,240,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,672 sqft
Price per Sqft $218
MLS Listing ID MDCC166150
Sold Date 12/18/19
HOA Y/N N
Originating Board BRIGHT
Year Built 2005
Annual Tax Amount $23,333
Tax Year 2018
Lot Size 1.338 Acres
Acres 1.34
Lot Dimensions x 0.00
Property Description
The sale property is a 1.3385-acre out-parcel to the Pulaski Professional Center (formerly Wal-Mart) and is being sold in fee simple. The land and restaurant building improvements are all in very good condition. Quality is good. This was a prototypical configuration when built by Ruby Tuesday in 2005. The site is well located in the middle of the US Route 40/ Pulaski Highway retail corridor reaching from Elkton, MD to Glasgow, DE. This sub-market is part of a rapidly growing bedroom community of the Wilmington-Philadelphia metropolitan area. The Center is positioned in the southeast quadrant of the Route 40 / Whitehall Road intersection (far corner for east bound traffic). Whitehall Road is the primary connector to Maryland Route 213. Importantly, the site is in the corner of a highly visible right-in, right-out Route 40 access point in the middle of the Center. The restaurant is available As Is, as it closed at the end of its last shift with all furniture, fixtures, equipment and machinery in place. It is indeed a turnkey opportunity. The price is all inclusive.
Location
State MD
County Cecil
Zoning C2
Interior
Hot Water Electric
Heating Zoned
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cecil County Public Schools
Others
Tax ID 03-119629
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Robert H Greenlee • SVN |Miller Commercial Real Estate