"Bel Air" High Visibility, Freestanding Office Building

14343_main429_front.jpg

Listing Details

Sold Price
$321,000
Auction Date
Auction Time
2:00 PM
Address
429 S. Main Street, Harford County, MD, 21014
County
Harford County
Neighborhood
Bel Air
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

Use Mobile?
14343_main429_rear.jpg
14343_main429_rear.jpg
14343_main429_garageparking.jpg
14343_main429_sign.jpg
14343_main429_street1.jpg
14343_main429_street2.jpg
14343_main429_front.jpg

REAL ESTATE AUCTION
                       
BEL AIR, MD


High Visibility, Freestanding
OFFICE BUILDING
2,782 sf  Zoned B2A
12 Car Parking Lot & Garage

Sale On Premises
429 S. MAIN STREET
One Block South of U.S. Route 1
Harford County, MD 21014

THURSDAY, OCTOBER 28, 2010
AT 2:00 P.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:

429 S. Main Street is located in the Town of Bel Air, the county seat of Harford County.  Situated about 10 minutes north of I-95, the property is within walking distance of the Harford County Courthouse, government office buildings, numerous restaurants, shops and attractions.  Main Street is the main thoroughfare through the downtown business district.  The property is within 15 minutes drive of major BRAC expansion areas.


Popular Links for Bel Air:

http://www.belairmd.org

http://downtownbelair.com

http://www.city-data.com/city/Bel-Air-Maryland.html  

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

 

SITE AREA

85' x 150', comprising approximately 0.29 acre

Fairly level lot, slightly elevated above street grade

Landscaped front lawn area

Asphalt paved rear surface parking area for approximately 12 cars

Decorative street sign

Public water and sewer

Flood Zone X - beyond the 100-year flood plain as per FEMA Map Panel No. 2400420161D


SUBDIVISION PLAT (pdf) 

 

IMPROVEMENTS

Stone converted office building, circa 1939.  The building contains approximately 2,782 square feet of gross building area, of which approximately 1,800 square feet are above grade.


Exterior

Stone construction

Aluminum trim

Composition shingle roof

Full basement foundation

Front entrance and two rear entrances

Wheelchair accessible

Detached Stone Two-Car Garage - approximately 528 square feet


Interior

Plaster and drywall

Carpeting

Fluorescent lighting


First Floor

Foyer - ceramic tile floor


Large General Office Area with fireplace
Photos of auction property
GENERAL OFFICE AREA - PHOTO #1    PHOTO #2


Private Office


Kitchen - ceramic tile floor, dishwasher, refrigerator, microwave


Rest Room


Second Floor

2 - Two-Room Suites


Rest Room


Lower Level

Receptionist's Office


Private Office


Library/Conference Room


Utility/Storage Room


Mechanical

Zoned HVAC - two heat pump/central air conditioning systems

200 ampere electrical service

 

ZONING

B2, Community Business District is intended to provide a wider range and scale of retail, business and service uses than are permitted in the B1 District, and is oriented to serve several neighborhoods. The intensity of development as well as the concentration of vehicular traffic is greater than the B1 District.


Link for Harford County Zoning Information:
http://www.harfordcountymd.gov/Downloads.cfm?IDDept=57  

 

REAL ESTATE TAXES

 Tax Account No. 03-204091


Full Value Assessment (2010)

Land

$ 292,000

Improvements

   187,100

Total

$ 479,100


Annual real estate taxes for current tax year (2010) - $4,234.05

 

TITLE

In fee simple.  The property is sold free and clear of liens.  Deed Liber 1738, folio 829.

 

INSPECTION TIME

One hour prior to auction or by appointment.

 

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, 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)