REAL ESTATE AUCTION
Due to Congregational Relocation

- Washington Hill -
OUTSTANDING BRICK
CHURCH BUILDING

450-500 Seat Sanctuary
Fellowship HallFurnishings


Located Within One Block of
Johns Hopkins Hospital Complex


Photos of auction property
FRONT VIEW      SIDE/REAR VIEW      AERIAL PHOTO

Sale On Premises
105 N. BROADWAY
Corner Fairmount Avenue
Baltimore, MD 21231

TUESDAY, NOVEMBER 21, 2006
AT 2:00 P.M.

Inspection by Appointment or 1:00 P.M. on Day of Sale

LOCATION:

105 N. Broadway is prominently located at the corner of E. Fairmount Avenue in "Washington Hill", immediately north of Fells Point and one block south of Johns Hopkins Hospital. The surrounding neighborhood is comprised of renovated nineteen and early-twentieth century townhomes. M.T.A. bus service is at the door. The church has an agreement with Johns Hopkins to use one of the nearby parking lots for Sunday services.

Washington Hill neighborhood description, visit:
http://www.livebaltimore.com/nb/list/wshhill/

LOCATION MAP & DIRECTIONS

SITE:

Rectangular lot, fronting 69'8" on N. Broadway by 86'3" on E. Fairmount Avenue, more or less

BLOCK PLAT

BUILDING:

Circa 1880 two story brick church building with basement and one story brick addition. The building has beautiful stained glass windows, composition shingle roof, aluminum rain gutters and downspouts and attic.

Upper Level
450-500 seat sanctuary with wraparound balcony, majestic pipe organ (water damaged), marble podiums, wooden pews, classroom, office, wheelchair lift (approximately 4 years old)
Photos of auction property
SANCTUARY      MARBLE PODIUM      REAR OF SANCTUARY
STAINED GLASS WINDOWS      ORGAN      BALCONY      OVERVIEW
Ground Level
Fellowship hall with sectional dividers, stage, 2 rest rooms, kitchen with stainless steel appliances, multipurpose classroom and office
Photos of auction property
FELLOWSHIP HALL & STAGE      KITCHEN
Basement
Unfinished storage space, sump pump (3 years old)
Mechanical
Central air conditioning - 5 zones (7 years old) Gas forced hot air heat - 3 zones (7 years old) 240 volt electric

TITLE:

In fee simple. The property will be sold free and clear of liens. Deed reference - Liber 8101, folio 185.

ZONING:

R8, residential

TERMS OF SALE:

A $25,000 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. 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 and transfer taxes to be paid by the purchaser. Time is of the essence.

Broker participation is invited.
BROKER REGISTRATION FORM