"Canton" Prime Location Shop Building with Fenced Yard Development Potential - Zoned B-2-2 Commercial

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Listing Details

Sold Price
$300,000
Auction Date
Auction Time
11:00 AM
Auction Note
Sold Prior To The Auction
Address
2101 Boston Street, Baltimore, MD, 21231
County
Baltimore City
Neighborhood
Canton
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: $300,000

Brian A. Balenson, Attorney
Tydings & Rosenberg LLP
100 E. Pratt Street - 26th Floor
Baltimore, Maryland 21202

ESTATE AUCTION
                
CANTON
"Prime Location"

SHOP BUILDING
- Development Potential -
Fenced Yard ★ Zoned B-2-2

Sale On Premises
2101 BOSTON STREET
Corner of 600 S. Chester St.
Baltimore, MD  21231

THURSDAY, JUNE 28, 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:

Situated in Baltimore's premier commercial location, 2101 Boston Street is a high visibility corner property situated less than one-half block from Baltimore's famous Inner Harbor waterfront.  Canton is an exciting mixed use renewal area, featuring numerous businesses, restaurants, bars, renovated and newly constructed townhomes, condominium projects and marinas.  The community is known for it's vibrant night life and upscale urban living.  Boston Street is the gateway to the south end of Canton.  The neighborhood borders Fells Point to the west and the Downtown Baltimore business district lies just 5 minutes to the west.  The Can Company, a landmark commercial hub, is located one block to the south.  The auction presents a vary rare opportunity to purchase a prime commercial property ideal for a multitude of potential uses, or to continue usage as a repair and storage facility.

Photos of auction property
SOUTH on BOSTON ST.    NORTH on BOSTON ST.
SOUTH on CHESTER ST. from BOSTON ST.   
SOUTH on CHESTER ST. VIEW #2    SOUTH on CHESTER ST. VIEW #3


For more information on Canton, visit:
http://www.livebaltimore.com/neighborhoods/list/canton


For more information on the Baltimore Inner Harbor, visit:
http://www.baltimore.to/baltimore.html


For more information on The Can Company, visit:
http://www.thecancompany.com


For more information on North Shore At Canton, visit:
http://www.northshorecanton.com/index.htm

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

 

 

SITE AREA

Fully fenced lot with large parking area.  The site is an irregularly shaped parcel fronting 66'4" along Boston Street, 140' along S. Chester Street, with an additional depth line of 90'9" and a rear lot line of 50', all more or less.


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Brick and masonry garage building comprising 1,500 square feet, more or less, and constructed in 1920 (according to tax records).   The building fronts on S. Chester Street and features a drive-in (12' x 12') bay door.  The interior is open span with an exposed beam 14' ceiling and concrete floor.

 

ZONING

B-2-2, commercial with a last permitted use for a plumbing and heating contractor (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 

 

REAL ESTATE TAXES

Annual Real Estate Taxes - $8,589 (based on a full value tax assessment of $360,900). 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, the property is being sold free and clear of all liens and the property is more fully described in a Deed recorded among the Land Records of Baltimore City in Liber 13462, Page 244.

 

INSPECTION TIME

By appointment or 10:00 a.m. on the day of the auction.

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $15,000 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 Estate, the Personal Representatives for the Estate,  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 Sellers are 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!


Auction by order of:
Brian A. Balenson and Melvin Rayman, Personal Representatives

 

FINANCING

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