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614 S Philadelphia Blvd
For Sale $2,000,000
$2,000,000
- 1 Units
- Unknown Sq Ft
- 36,590 Sq Ft
- Unknown Cap Rate
Description
Excellent development opportunity with cashflow from day 1. Precision Tune Building plus adjacent pad site and rear large parcel located in Aberdeen, MD just 30 miles North of Baltimore City. Precision Tune was Custom built by landlord for tenant in 2005. The property consists of a freestanding 3,289 SF building situated on a .84-acre lot zoned B3. Precision Tune occupies roughly 1/2 of this lot and the other 1/2 is a paved pad site ready to go for another free standing building of similar size. The connected rear parcel on James St is 3.28 Acres also zoned B3. Precision Tune is paying $82,039/yr on a corporately guaranteed, Double-Net (NN) lease with 4 years remaining on their 1st of (5) 5yr renewal options. (July 2029 expiration). They have 4 remaining options to renew with 15% increases or CPI- whichever is less. The lease is guaranteed by PTAC which is owned by parent company Icahn Automotive Group LLC. The paved pad site next door to the Precision Tune is tenant ready with utilities, curb cuts. Both parcels have storm water management already in place. A developer can connect this large lot to the front pad site to create a large retail site with frontage & signage on Philadelphia Blvd while collecting the cashflow from Precision Tune.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,000,000 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2005 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 1302398086 |
| MLS # | MDHR2048060 |
| Property ID | 322216352 |
| Lot Sqft | 36,590 |
| Zoning | B3 |
| Total Units | 1 |
| Days on Market | 142 |
| Original List Price | Unknown |
| Date Updated | September 30, 2025 |
| Date Created | September 28, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
David R Feazell an agent of .
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Data last updated: February 17, 2026.
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Robert Crawford
REAL ESTATE AGENT