"Fells Point" Three Story Commercial Shell Building

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Listing Details

Sold Price
$68,000
Auction Date
Auction Time
11:00 AM
Address
1740 Fleet Street, Baltimore City, MD, 21231
County
Baltimore City
Neighborhood
Fells Point
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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J. Michael Holloway, Attorney
Holloway & Sullivan, LLC
10 N. Calvert Street
Baltimore, Maryland  21202

ATTORNEY-IN-FACT SALE
                         
FELLS POINT


3 Story, Commercial
SHELL BUILDING

 Zoned B-3-3

Sale On Premises
1740 FLEET STREET
Off 600 S. Ann Street
Baltimore, Maryland 21231


FRIDAY, MARCH 27, 2009
AT 11:00 A.M.


        NOTE:  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.

LOCATION & DIRECTIONS:

The "Fells Point" historic neighborhood consists of an eclectic collection of buildings constructed during the last 250 years.  A vibrant residential and commercial community, Fells Point has numerous shops, boutiques, restaurants and bars.  The neighborhood is surrounded by Downtown Baltimore, Butcher's Hill, Upper Fells Point and Canton and is close to I-95, I-83 (Jones Falls Expressway), MTA bus and subway service.  Neighborhood housing predominantly consists of brick townhomes (most of which have been renovated) used as one-family or multiple family dwellings.  The property is across the street from Ze Mean Bean Café on a nice, mostly renovated, commercial block of Fleet Street.

For more information on Fells Point, visit: Live Baltimore's web site.
 

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

 

SITE AREA

Large lot measuring 16' x 80', more or less

Serviced by public water, public sewer and natural gas

BLOCK PLAT (pdf)

 

IMPROVEMENTS

Three story inside-of-group shell commercial building comprising 1,476 square feet (according to tax records).  The building is in need of total renovation.  Last used as a residential townhome, it would be suitable for numerous commercial uses.

 

ZONING

B-3-3, commercial

 

REAL ESTATE TAXES

$3,738 annual real estate taxes.

 

TITLE

In fee simple; sold free and clear of all liens

 

INSPECTION TIME

The buildling will be open for inspection at 10:15 a.m.

 

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 is to 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 Attorney-In-Fact, 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.   The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.

NO BUYERS PREMIUM!

Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification:
Mr. Craig Kessler
Greentree Mortgage Corporation
410-654-3900 (Office)
410-409-7600 (Cell)
ckessler@loanofficer.com