"Cockeysville" Prime Location RENOVATED OFFICE BUILDING 4,700± Sq. Ft. - 21 Car Parking - Zoned BM

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Listing Details

Sold Price
$495,000
Auction Date
Auction Time
2:00 PM
Address
201 Old Padonia Road, Baltimore County, MD, 21030
County
Baltimore County
Neighborhood
Cockeysville
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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 COMMERCIAL REAL ESTATE AUCTION


"COCKEYSVILLE"
- Prime Location -
 

★ Renovated ★
OFFICE BUILDING
4,700± Sq. Ft. ✦ 21 Car Parking ✦ Zoned BM

Sale On Premises
201 OLD PADONIA ROAD
One Block North of Padonia Road
One Block West of York Road
Baltimore County, MD 21030

WEDNESDAY, JUNE 19, 2013
AT 2:00 P.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 CONTAINED HEREIN ARE MORE OR LESS.

LOCATION & DIRECTIONS:

201 Old Padonia Road is ideally located two blocks west of I-83, with access from both Padonia Road and York Road.  The property lies at the southern edge of Cockeysville, just north of the Timonium Fairgrounds.  Hunt Valley and Towson are nearby.  Shopping, restaurants, retail stores, car dealerships and businesses adorn the area, all supporting a strong residential base.  MTA bus service is available along York Road and the MTA Light Rail Line are within walking distance.


For more information on Cockeysville, visit:
http://en.wikipedia.org/wiki/Cockeysville,_Maryland

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

 

SITE AREA

Rectangular shaped parcel fronting 60' along Old Padonia Road with depths of 200', more or less.


The property is identified in Tax Map 51, Grid 17, Parcel 130 (Tax ID 08-0803069220). 


Public water, public sewer and natural gas


21+ car macadam paved front and rear parking areas


Landscaping


Cable TV and internet service are available


Tax Map:
Photos of auction property

 

IMPROVEMENTS

One and one-half story office building, originally constructed in 1959 and then expanded and fully renovated in 1991. The building is ideally suited for either a single user or multiple tenants with separate entrances.


Exterior and Interior Features


Vinyl sided facade
Concrete block foundation
Asphalt shingle roof with aluminum rain spouts
Florescent lighting throughout
Central monitored alarm system


First Floor

  • Front Entry - guest closet
     
  • Reception Room - brick manteled wood burning fireplace
    Photos of auction property
    RECEPTION ROOM    FIREPLACE

     
  • Office (former communications room) - glass partition wall and exterior exit door
    Photos of auction property
     
  • Central Office Room - built-in cubicles, cathedral ceiling, 2 skylights and 2 ceiling fans
    Photos of auction property
     
  • Executive Office - vaulted ceiling, skylight, picture frame and chair rail moldings
    Photos of auction property
     
  • 5 - Private Offices (some with vaulted ceilings)
    Photos of auction property
    OFFICE #1    OFFICE #2    OFFICE #3    OFFICE #4    OFFICE #5

     
  • Kitchen - built-in cabinetry with stainless steel sink
    Photos of auction property
     
  • 2 - Rest Rooms
    Photos of auction property
    POWDER ROOM #1    POWDER ROOM #2

     
  • Rear Entry Foyer - ceramic tile floor and vaulted ceiling


Second Floor


Lower Level - Front

  • Central Office Area
    Photos of auction property
     
  • 2 - Private Office
    Photos of auction property
     
  • Utility Closet


Lower Level - Rear (interior and exterior access)

  • Open Office or Waiting Room
    Photos of auction property
     
  • Large Conference Room - picture frame and chair rail moldings, wall sconces
    Photos of auction property
     
  • Powder Room
    Photos of auction property
     
  • Utility Closet


Mechanical
Rheem Quiet 80 gas forced hot air furnace
York gas forced hot air furnace
2 - Zoned central air conditions
Heavy electrical service
CAT-5 wiring throughout

 

ZONING

BM, Business Major


For more information on the zoning, visit:
http://myneighborhood.baltimorecountymd.gov

 

REAL ESTATE TAXES

Published annual real estate taxes for 2012-2013 are $8,694.  The purchaser may petition for a reduction in the assessment of their property in conjunction with a purchase price 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

In fee simple; sold free and clear of all liens.

 

INSPECTION TIME

Available for inspection by 1:00 p.m. on the day of the auction or by appointment only.  Contact auctioneers at 410-296-8440, or email info@ajbillig.com

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $25,000 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 8% 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 the rights of the existing tenants, 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 Sellers the holder of the indebtedness, 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. TIME IS OF THE ESSENCE.  NO BUYER'S PREMIUM!

 

FINANCING

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