"Jonestown" - North of Little Italy & East of Power Plant Live Prime Development Site Zoned B-3-3, 4,835+ Sq. Ft.

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Listing Details

Sold Price
$200,000
Auction Date
Auction Time
11:30 AM
Address
9-11 S. High Street, Baltimore, MD, 21202
County
Baltimore City
Neighborhood
Jonestown
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE  AUCTION

"JONESTOWN"
North of Little Italy & East of Power Plant Live

 

PRIME REDEVELOPMENT SITE
Zoned B-3-34,835+ Sq. Ft.

Sale On Premises
9-11 S. HIGH STREET
Off 900 Watson Street
Baltimore, MD  21202

WEDNESDAY, SEPTEMBER 18, 2013
AT 11:30 A.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:

The property is situated in the heart of Baltimore's most exciting and vibrant redevelopment areas. Billions of dollars have been pumped into the community within the surrounding blocks over the past five years.  Located just to the south is Baltimore’s famous Little Italy and  the "Harbor East" complex of office, retail, condominium and apartment buildings, etc.  Immediately to the west is the Inner Harbor and "Power Plant Live."  The neighborhood is rich in history with the Phoenix Shot Tower one block to the northeast and the Star Spangled Banner Flag House several blocks to the south. Jonestown has undergone an amazing transformation with newly constructed upscale townhomes and fully renovated commercial and industrial properties.


The auction presents a unique opportunity to purchase a prime redevelopment site with access from both High Street and Watson Street, in one of Downtown Baltimore's most desirable locations.

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


For more information on Jonestown:
http://www.livebaltimore.com/neighborhoods/list/jonestown


For more information on Little Italy:

http://www.livebaltimore.com/neighborhoods/list/littleitaly

http://www.littleitalymd.com


For more information on Baltimore's newly constructed  "Harbor East" community:
http://www.harboreast.com


For more information on Baltimore's Inner Harbor:

http://www.harborplace.com/

http://www.powerplantlive.com

http://www.aqua.org/?gclid=CMvBkOSDlZ8CFY915QodwUp7lA

http://baltimore.org/baltimore-neighborhoods/inner-harbor


For more information on Phoenix Shot Tower:
http://en.wikipedia.org/wiki/Phoenix_Shot_Tower


For more information on the Star Spangled Banner Flag House:
http://www.flaghouse.org

 

SITE AREA

Irregularly shaped L-shaped parcel fronting 38'4" on S. High Street and 22'4" along Watson Street.


Public water and sewer are in the site.


BLOCK PLAT (pdf)


LEGAL DESCRIPTION (pdf)

 

IMPROVEMENTS

Formerly, the property reportedly was used as a service garage.   There are 2 drive-in bay doors on S. High Street and one truck drive-in bay door on Watson Street.   The property can easily be redeveloped for numerous uses including residential, commercial, secured private parking garage, etc.

 


 

 

ZONING

B-3-3, business district. 
Zoning Code: http://www.griaonline.org/wp-content/uploads/Explanation+of+City+Zoning+Categories.pdf


For additional zoning information, please 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

Published annual real estate taxes for 2013-2014 are $3,541

 

TITLE

The property is in fee simple and sold free and clear of liens.  Deed Liber 11727, folio 404

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $10,000 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 at settlement, which shall take place 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 existing zoning or permitted uses, and 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.  Time is of the essence. NO BUYER'S PREMIUM!

 

FINANCING

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