"Guilford" Automotive Shop Building, Tools & Equipment - "Atlas Automotive"

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Listing Details

Sold Price
$201,000
Auction Date
Auction Time
2:00 PM
Address
4500 York Road, Baltimore, MD, 21212
County
Baltimore City
Neighborhood
Guilford
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Owner Retiring from Business:
REAL ESTATE AUCTION
                    
GUILFORD

"Atlas Automotive"
- Including -
AUTOMOTIVE
SHOP BUILDING
Tools
Equipment

 

Sale On Premises
4500 YORK ROAD
Corner Northway, Baltimore, MD 21212

Sale On Premises
THURSDAY, MARCH 27, 2014
AT 2:00 P.M.


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:

4500 York Road is situated in the Guilford neighborhood of Baltimore City, perhaps Baltimore's most prestigious address.  According to LiveBaltimore.com, Guilford is a residential neighborhood that was planned by the Olmsted firm and developed by the Roland Park Company in the early 1900's. It has stunningly beautiful architecture, community parks, streets lined with mature trees and period streetlights, the world-famous Sherwood Gardens, and a prime location that is a short commute to downtown Baltimore. Guilford is designated a National Register Historic District. There are about 800 single-family homes in Guilford that range from cottages to stately mansions. Guilford's location is minutes from the Johns Hopkins Homewood campus, Loyola College, the College of Notre Dame, an array of excellent neighborhood restaurants, the Baltimore Museum of Art and the City's finest public and private schools."


Atlas Automotive has filled the community need for automobile repair services for decades.  In fact, this auction had to be delayed so that the seller could complete a surge in weather related work.  The auction includes high visibility building, paved parking lot and fully equipped repair shop to be offered as an entirety.

 

For directions from your location, visit: maps.google.com


SITE:

The property is located on the northwest corner of York Road (MD-45) and Northway.  York Road is the main arterial roadway within the community commercial district.  The property is highly visible from northbound or southbound York Road.  The site is asphalt paved with a curb cut to York Road.


Lot size - 100' along the west side of York Road by 38.5' along the north side of Northway, comprising approximately 3,950 square feet.


Zoning - B-3-2, commercial


Public water, sewer, gas, electricity and telephone are in the site.


One, unused steel underground storage tank is in the site.


Asphalt paving parking for about 10 cars


BLOCK PLAT (pdf)


IMPROVEMENTS:

ONE STORY MASONRY SHOP BUILDING was constructed in 1983 and contains approximately 1,637 square feet of gross building area.


Exterior
Rubber roof
2 - drive-in doors - approximately 10' wide x 12' high
Pedestrian entrance with awning


Interior
Reception area
Private Office
Rest Room
Storage Room with utility sink
2 - Repair Bays - approximately 14' ceilings
Loft Storage


Mechanical
Gas forced air heat
Central air conditioning
Gas space heaters
110/220/330 single and three-phase electrical service


PERSONAL PROPERTY:

2 - 9,000 lb. cap. electric automobile lifts
Vertical air compressor
Tools
Parts
Office furniture


TITLE:

The property is in fee simple and sold free and clear of liens.  Baltimore City Deed Liber 6591, folio 299.


TAXES:

Published annual real estate taxes for 2013-2014 are $2,078.


INSPECTION:

Atlas Automotive is in full operation until the auction.


TERMS OF SALE:

A $15,000 deposit, payable by cashier's check, will be required of the Purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer's office.  Balance to be paid in cash at settlement, which shall take place within 45 days.  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 sale 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 sale 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, and particularly the covenants, rules and bylaws of the Guilford Association as they may apply.  Purchaser assumes the risk of loss from the date of sale 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.  Time is of the essence.


No buyer's premium.


FINANCING:

See our Financing Page for a list of auction-oriented lenders.