"Harford County"

Corner Commercial Site
0.34 +/- Acre, Freestanding Building
Zoned CI - Commercial Industrial
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Listing Details

Sold Price
$116,000
Auction Date
Auction Time
1:15 PM
Address
2226 Pulaski Highway, Havre De Grace, MD, 21078
County
Harford County
Neighborhood
Havre De Grace
Inspection
At 12:15 p.m. on the day of the auction. Showings may be scheduled prior to the auction based on demand. Please email info@ajbillig.com or call 410.296.8440 to state your interest in inspecting the property prior to sale.
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION

- Harford County-
CORNER COMMERCIAL SITE
0.34+/- Acre ✦ Freestanding Building
Zoned CI - Commercial Industrial

- 30,000+ Average Cars Per Day -

Sale On Premises
2226 PULASKI HIGHWAY (US-40)
Corner Oakington Road
Havre De Grace, Harford County, MD 21078

THURSDAY, JULY 21, 2016
AT 1:15 P.M.

- Suggested Opening Bid: $99,000 -

    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:
2226 Pulaski Highway is located in northeastern Harford County between Aberdeen and Havre De Grace. US-40 is a major thoroughfare in Maryland, and running parallel with I-95 from Delaware to Baltimore City. I-95 exit 85 is about 3 miles to the east. The property sits at the corner of Oakington Road, a signaled intersection where estimated daily traffic volume is 30,780 according to the Maryland State Highway Administration. Other nearby businesses on US-40 include distribution, engineering services, automotive, banking, retail  and neighborhood services. The property has most recently been used for tire sales.

SITE:
Four sided lot - According to public tax records, the lot comprises 0.34 acre, more or less. According to the legal description, the lot comprises 0.26 acre, more or less.

Approximately 187' of road frontage along Pulaski Highway, and 73' of road frontage along Oakington Road.

The lot is mostly paved, with lined parking for 7 vehicles and additional space for approximately 12 vehicles.

Zoned: CI - Commercial Industrial
For more information, see the Harford County Zoning Code.

The property is believed to have public water and sewer

Note: The sale comprises the right, title and interest of the seller. No price adjustment will be made for acreage larger or smaller than that right, title and interest. Purchasers are encouraged to conduct their own due diligence regarding lot size, property condition, zoning and use.

IMPROVEMENT DESCRIPTION:
Single story vinyl sided building - according to public tax records, the building was constructed in 1955 and contains 1,521 square feet of gross building area. The building features three entrances, flat built-up roof and forced air heat.

TAXES:
Current annual real estate taxes are $3,454  based on a full value assessment of $301,900. Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property.  Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TITLE:
The property is in fee simple; and is being sold free and clear of all liens.

TERMS OF SALE:
A $10,000 deposit, payable by certified check or 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 contract 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 contract 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.  Purchaser assumes the risk of loss from the date of contract forward. The sale comprises the right, title and interest of the seller. No price adjustment will be made for acreage larger or smaller than what is comprised by that right, title and interest. 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. No representations, express or implied, are made with respect to the use of the property, including but not limited to zoning code, area classification, area designation, permitted uses as of right, ancillary uses, special exceptions, use and occupancy or other Federal, State or County permits. 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.

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