Fallston MD Real Estate & Commercial for Sale

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, June 19, 2023. Live On Site Auction - Wednesday, June 21, 2023 at 1:00 PM. List price is opening bid only. $54,648+ NNN Annual Income. 2402 Pleasantville Road, known as Acapella Italian Restaurant, is located in the Fallston area in Harford County. Located near the intersection of Fallston Road (MD-152), the site affords a convenient location for those consumers who live nearby, in addition to those visiting the area. Acapella is a well-known Italian eatery in the area, featuring lunch and dinner service, catering and hosted events. The restaurant boasts a 4.4 star rating on Google among 475 reviews, many of which rave about the excellent pizza and service. The restaurant has been located at the site for nearly 10 years, and has been both a community favorite and destination location throughout that time. The auction provides an opportunity to purchase a stabilized investment with an asset that is exceedingly well-demanded in the area. There is a low density of retail investments in much of Harford County, notably outside of Bel Air and Edgewood, making the site a rarely available investment opportunity. A good rental history, good product and limited availability should make the site attractive for investors of all types.

Prime commercial location! ¾ Acre Redevelopment Opportunity on Bel Air Rd in Fallston. 30,000+ cars per day passing the site. Excellent access including 2 existing curb cuts on Bel Air rd, side street access from Eutaw Ave, and rear access from West Grove Ave. The site has 112ft of road frontage and is roughly 289ft deep with public utilities on site. The site sits off the far corner of the light-controlled intersection of Bel Air Rd and Fallston Blvd. This intersection is the only access point to Walmart on the opposite side of Bel Air Rd, and is the most heavily trafficked portion of the street. This site would be an excellent location for any national or regional retailer looking to expand their footprint into a high end thriving and growing community. There are 103,000 people living within 5 miles of the site and growing steadily. The average household income within 5 miles is $124,500/yr. This location is surrounded by major retailers within 1 mile on Bel Air Rd including Wawa, Royal Farms, Walmart, Mcdonalds, Waffle House, Chipotle (opened in the last 12 months), Pizza Hut, Enterprise, and most notably Jones Junction Auto Dealerships. The current status of the property is a Fully Occupied Professional Office Building.

Total lot of +/- 18.45 acres. 4.27 +/- acres are zoned B-3 and 14.18 +/- acres are zoned agricultural See additional information in the uploaded documents The daily traffic count at Mountian Rd is approx. 26,320 and the daily traffic count at Belair Rd is approx. 20,060. Great opportunity to bring your business to the area!