ESTATE AUCTION
- West Baltimore -


One Story Masonry
WAREHOUSE BUILDING

13,300 Sq. Ft.±Zoned M-2-2



Sale On Premises
2417 W. BALTIMORE STREET
At Warwick Avenue, Baltimore City, MD 21223

THURSDAY, OCTOBER 20, 2005
AT 2:00 P.M.


LOCATION:

2417 W. Baltimore Street is situated in the "Shipley Hill" area of west Baltimore. Highway linkage to I-95 and MD-295 (Baltimore-Washington Parkway) is within 2 miles. Public bus transportation is along Baltimore Street. The site is two blocks west of Bon Secours Hospital.

LOCATION MAP

SITE:

Rectangular lot 99'11" x 136'11", comprising 0.314 acre, more or less.

BLOCK PLAT

IMPROVEMENTS:

One story brick and concrete block in-line warehouse building - flat built-up roof, indoor loading dock, drive-in door, 14' ceiling heights, gas space heaters, office suite of 10 offices (ducted for air conditioning), 3 rest rooms. Building comprises approximately 1,300 square feet of gross building area, more or less.

OCCUPANCY:

The building was owner-occupied and is currently vacant.

ZONING:

M-2-2, industrial

Baltimore City Zoning Code - Industrial Districts:
http://www.ci.baltimore.md.us/government/legislative/zoning/
ZoningCodeTitle7.pdf


TAXES:

2005 real estate taxes - $3.926.16

TITLE:

The property is in fee simple and sold free and clear of liens.

INSPECTION:

One hour prior to sale.

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 within 45 days. If payment of the 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 an 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. Dimensions, square footage and acreage contained herein are more or less. Purchaser assumes the risk of loss from the date of sale forward. 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 and transfer taxes to be paid by the purchaser. Time is of the essence.

No Buyer's Premium.

Broker participation is invited. Click here for Broker Registration Form.