- Sold Prior To The Auction - "Dundalk - St. Helena" Near Dundalk Marine Terminal Commercial Building - 5,000 Sq. Ft. & 12+ Car Parking

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Listing Details

Sold Price
$130,000
Auction Date
Auction Time
11:00 AM
Address
115 St. Helena Avenue, Baltimore County, MD, 21222
County
Baltimore County
Neighborhood
Dundalk, St. Helena, Near Dundalk Marine Terminal
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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- Sold Prior To The Auction - 

REAL ESTATE AUCTION

 

DUNDALK - ST. HELENA
- Near Dundalk Marine Terminal -

 

One-Story Masonry
COMMERCIAL BUILDING
5,000 Sq. Ft. ✦ 12+ Car Parking
- Zoned BL Commercial -

Sale On Premises
115 ST. HELENA AVENUE
Off 2400 Dundalk Avenue, Corner Willow Spring Road
BALTIMORE COUNTY, MARYLAND 21222

Sold prior to the auction - Auction has been canceled.
WEDNESDAY, OCTOBER 26, 2011
AT 11:00 A.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 & DIRECTIONS:

The property is located in the Dundalk area of southeastern Baltimore County, situated one-half block west of Dundalk’s commercial strip. St. Helena Avenue is a short distance east of Dundalk and Seagirt Marine Terminals, as well as Holabird Industrial Park. The Marine Terminals and Industrial Park provide a substantial amount of employment in the area. The location is extremely convenient to both I-95 and I-895, with very good access to I-695 (the Baltimore Beltway). The property sits opposite a religious facility, and is adjacent to an antique store. The surrounding neighborhood is St. Helena, known as the oldest neighborhood in Dundalk, which is comprised of a mixture of attached and single family homes, and are mostly owner occupied.

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


Link for community web sites:

http://www.UnexpectedDundalk.com


http://www.dundalkchamberofcommerce.org/


Building Across The Street:

 

SITE AREA

Lot fronts 220.64' along St. Helena Avenue, approximately 158' west of Dundalk Avenue, and at the corner of Willow Spring Road. According to public tax records the lot comprises a total of 13,747 square feet, or 0.32 acre, more or less. Public water, sewer and natural gas are in the site.


Triangle shaped, macadam and gravel parking lot with room for 12+ cars. There are curb cuts on both St. Helena Avenue and Willow Spring Road.


 

IMPROVEMENTS

One story brick and masonry block semi-detached building has been gutted and framed, and contains 5,000 square feet of gross building area, according to public tax records. The building was formerly a furniture store, and was being renovated for use by a contractor. Updates include upgraded 200 amp electric, new wiring, new duct work, new forced air furnace, some new plumbing and sheetrock. The property is arranged for two large showrooms, multiple smaller rooms potentially used as offices, utility rooms, storage or workspace, and two restrooms. Three entrances and exits, two front and one side. Flat built-up roof.

Photos of auction property
LARGE ROOM    PRIVATE OFFICE    REAR HALLWAY   
SIDE HALLWAY    FURNACE & WIRING


The auction represents a great opportunity to buy a building with tremendous potential. The size, parking and access to major employers and highways offer a multitude of possibilities.

 

ZONING

According to municipal authorities, the property is located in a BL commercial district, with a very small portion of the site near the rear lot line which may be zoned DR 10.5, residential, and is paved for parking. For additional information regarding zoning regulations and zoning details, including an interactive zoning map, please see the links below.


Baltimore County Zoning Guidelines: http://www.baltimorecountymd.gov/Agencies/economicdev/gateway/land/zoning.html


Baltimore County Zoning GIS "My Neighborhood": http://myneighborhood.baltimorecountymd.gov/

 

REAL ESTATE TAXES

Published real estate taxes for 2010 were $3,770, based on the full value tax assessment of $278,300. 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 SDAT concerning the appeals process, and may see the following link for helpful information: http://www.dat.state.md.us/sdatweb/appeal.html.

 

TITLE

The property is in fee simple and sold free and clear of liens.  Deed Liber JLE 30645, folio 192.

 

INSPECTION TIME

By appointment with the Auctioneers and 1 hour prior to the sale.

 

TERMS OF SALE

A $7,500 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, 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 (pdf)

 

FINANCING

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