REAL ESTATE AUCTION
- Baltimore County, MD-

BRICK OFFICE BUILDING
10,959 ± Sq. Ft.93% Occupied

$171,222 Scheduled Gross Annual Income

Photos of auction property
FRONT VIEW     REAR VIEW     AERIAL MAP

Sale On Premises
6314 WINDSOR MILL ROAD
Off Gwynn Oak Avenue near Social Security Complex
Woodlawn, Maryland 21207

MONDAY, SEPTEMBER 10, 2007
AT 2:00 P.M.


LOCATION:

6314 Windsor Mill Road is located about 1.5 miles east of Baltimore Beltway (I-695) Exit 16, in western-central Baltimore County and about 1 miles west of the Baltimore City-County line. The area has excellent highway linkage and a strong employment base. Neighbors include the Social Security Complex, Meadows Industrial Park, Kernan Hospital and Security Square Mall.

Location Map

For directions from your location, visit:
http://www.mapquest.com/directions/main.adp

BUILDING:

Brick and masonry free standing office building

Constructed in 1968 - Renovated in 2003
Two stories in front, three stories in rear, allowing for separate tenant entrances for ground floor tenants
Front and rear lobbies with self-service elevator
Rubber roof installed in 2004
Aluminum frame casement windows
Interior finishes are drywall, carpeting, vinyl flooring, acoustical tile ceilings, florescent lighting and ceramic tile bathrooms.
Ground level tenant suites have individual rest rooms. Each floor has a ceramic tile men's, ladies' rest room and water fountain.
Mechanical
Weil McLain gas hot water boiler provides baseboard and forced hot air heat
Rheem 15 ton roof top package unit, installed in 2004, serves upper level
York 35 ton unit, installed in 2005, serves the first and second levels
Hotpoint gas 40-gallon water heater
120-208 volt, 3-phase, 4-wire electrical service

OCCUPANCY:

Photo of The building is currently configured into 14 tenant suites, ranging from 410 square feet to 1,455 square feet. One third floor suite, comprising 741 square feet is vacant. The balance is leased at market rent.

Rent roll, income and expense data is available. Please complete and return the Confidentiality Waiver and we will forward the information by email or fax.


SITE:

0.65 acre triangular lot, fronting approximately 169' along Windsor Mill Road. The lot is graded from front to rear, allowing ground level access from the first and second floors.

Paved-on site parking lot, resurfaced in 2005

Tax Map:
Tax Map

ZONING:

RO, residential-office

TAXES:

2007 real estate tax - $4,383.31

TITLE:

In fee simple. Deed Liber 18129, folio 727. The property is sold free and clear of all liens.

INSPECTION:

1:00 P.M. on the day of the auction.

TERMS OF SALE:

A $50,000 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. All adjustments, including taxes, rents, 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 settlement 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, transfer taxes and all costs incidental to settlement to be paid by the Purchaser. Time is of the essence.

NO BUYER'S PREMIUM.

Broker participation is invited.
BROKER REGISTRATION FORM