Absolute Auction Above $50,000 Commercial Building - Retail or Office Rear Parking, Zoned B-3-2

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Listing Details

Sold Price
$120,000
Auction Date
Auction Time
11:00 AM
Address
4603 York Road, Baltimore, MD, 21212
County
Baltimore City
Neighborhood
Wilson Park
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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ABSOLUTE AUCTION
To The Highest Bidder Above $50,000

 

COMMERCIAL BUILDING
- Retail or Office -
3,000 Sq. Ft.
★ Parking ★ Zoned B-3-2

 Sale On Premises
4603 YORK ROAD
"Wilson Park"
Just South of E. Cold Spring La.
Baltimore, MD  21212

WEDNESDAY, JULY 18, 2012
AT 11:00 A.M.


    THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE AND BELIEVED TO BE ACCURATE.  HOWEVER, NO EXPRESS OR IMPLIED WARRANTY IS MADE AS TO THE ACCURACY OF THESE REPRESENTATIONS.  ALL DIMENSIONS AND ACREAGE CONTAINED HEREIN ARE MORE OR LESS. 


GENERAL INFORMATION

LOCATION & DIRECTIONS:

4603 York Road is a high visibility property formerly operated as the Laborers’ Local Union office and meeting center.   The building is situated just south of E. Cold Spring Lane, several blocks southeast of Loyola College, north of Guilford and south of Towson.  Public transportation is in front of the property.

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

 

SITE AREA

Mostly rectangular lot measuring 30' front and 30' rear with depths of 190'1" and 191'2", more or less.


Rear paved parking area


Public water, public sewer and natural gas


Block Plat:

Close-Up

Overview

 

IMPROVEMENTS

Brick and masonry office or retail building comprising 3,000 square feet, more or less.  The building was constructed circa 1962.  The interior is arranged with a front lobby area, central office, 2 private paneled offices, conference room, large meeting hall and 3 rest rooms.   Forced warm air heat and central air conditioning.  The building is in fair condition and needs renovation.

Photos of auction property
CENTRAL OFFICE AREA    CONFERENCE ROOM   
MEETNG HALL    RECEPTION

 

ZONING

B-3-2, commercial with a last permitted use for offices (according to the Baltimore City Office of Planning and Zoning ).  Check with the Baltimore City Office of Planning and Zoning for complete potential and permitted uses for the property (410-396-4126) or visit:
http://cityservices.baltimorecity.gov/charterandcodes/Code/Art%2000%20-%20Zoning.pdf 

 

TITLE

The property is in fee simple and is being sold free and clear of all liens. The property is more fully described in a Deed recorded among the Land Records of Baltimore City in Liber 8294, Page 44.

 

INSPECTION TIME

10:00 a.m. on the day of the auction only.

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $5,000 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 office of the Auctioneers.  Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting 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.  Taxes and all other public charges and assessments, payable on an annual basis, including 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, without express or implied warranty as to the nature and description of the improvements as contained herein;  and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes 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 Auctioneer. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser, except where otherwise mandated by local, State or Federal law.  Time is of the essence. NO BUYERS PREMIUM!

 

FINANCING

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