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501 S Stepney Rd 3,596 SF Retail Building Aberdeen, MD 21001 $975,000 ($271.13/SF)
Investment Highlights
- Located near Route 40 and I-95 for strong regional access
- Ample on-site parking and single-story layout
- Zoned B-1 Neighborhood Business with flexible use options
- Corner location with excellent visibility and signage potential
- Functional double drive-thru with 8'5" clearance
Executive Summary
Positioned at the high-visibility corner of Stepney Road and Philadelphia Road in Aberdeen, Maryland, this former bank branch offers a rare opportunity for owner-users or investors seeking a well-located, adaptable commercial asset. Constructed in 1998 and spanning 3,596 square feet on a 0.76-acre parcel, the property benefits from immediate availability and a strategic location just minutes from Route 40 and Interstate 95, ensuring seamless regional connectivity.
The single-story building features a fully functional double drive-thru, a welcoming lobby, and multiple teller stations, making it ideal for financial institutions, medical users, or retail conversion. Ample on-site parking enhances customer convenience, while the B-1 Neighborhood Business zoning supports a wide range of commercial uses. The site’s corner positioning amplifies visibility and signage potential, drawing attention from both local traffic and commuters.
Demographic data within a five-mile radius reveals a population of nearly 58,000 with a median household income exceeding $93,000, underscoring the area’s economic vitality and consumer base. Whether repurposed for retail, office, or service-oriented use, this property offers a compelling blend of location, infrastructure, and market fundamentals.
The single-story building features a fully functional double drive-thru, a welcoming lobby, and multiple teller stations, making it ideal for financial institutions, medical users, or retail conversion. Ample on-site parking enhances customer convenience, while the B-1 Neighborhood Business zoning supports a wide range of commercial uses. The site’s corner positioning amplifies visibility and signage potential, drawing attention from both local traffic and commuters.
Demographic data within a five-mile radius reveals a population of nearly 58,000 with a median household income exceeding $93,000, underscoring the area’s economic vitality and consumer base. Whether repurposed for retail, office, or service-oriented use, this property offers a compelling blend of location, infrastructure, and market fundamentals.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,596 SF
Building Class
B
Year Built
1998
Price
$975,000
Price Per SF
$271.13
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.76 AC
Zoning
B1 - B1 zoning in Baltimore, Maryland is a neighborhood commercial district that provides basic shopping and services for nearby residents
Parking
7 Spaces (1.95 Spaces per 1,000 SF Leased)
Frontage
500’ on Stepney/Route 7
Amenities
- Banking
- Corner Lot
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 02-066793 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $970,267 |
Property Taxes
Parcel Number
02-066793
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$970,267
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501 S Stepney Rd
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