"West Baltimore" Industrial Building 17,500± Sq. Ft., Zoned M-1-1

15906_franklintown1120_aerial.jpg

Listing Details

Sold Price
$196,000
Auction Date
Auction Time
2:00 PM
Address
1120 N. Franklintown Road, Baltimore, MD, 21216
County
Baltimore City
Neighborhood
West Baltimore
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

Use Mobile?
15906_franklintown1120_front1.jpg
15906_franklintown1120_front1.jpg
15906_franklintown1120_front_wide.jpg
15906_franklintown1120_loadingbays1.jpg
15906_franklintown1120_rear.jpg
15906_franklintown1120_aerial.jpg

Sarah E. Longson, Attorney
KOLLMAN & SAUCIER, P.A.
The Business Law Building
1823 York Road, Timonium, MD 21093

TRUSTEE'S AUCTION

- WEST BALTIMORE -
INDUSTRIAL BUILDING
17,500± Sq. Ft. ◆ Zoned M-1-1

Sale On Premises
1120 N. FRANKLINTOWN ROAD
Adjacent to Leon Day Park
Baltimore, MD 21216

TUESDAY, OCTOBER 15, 2013
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:

1120 N. Franklintown Road is located in western Baltimore City, along the east side of Gwynns Falls Park, about five blocks north of Edmondson Avenue (US Route 40).  The neighborhood is a mixture of single and multifamily residential, light industrial and recreational land uses.  The property adjoins Leon Day Park and ballfields and is opposite a well maintained garden apartment complex.  Public transportation is within walking distance.  The Gwynns Falls Trailhead is one block north of the site.  The property is located in a HUB, economic incentive zone.


Street Scenes:

 


 

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

 

SITE AREA

The property is nearly rectangular, fronting approximately 157' along the southwest side of Franklintown Road with a depth of approximately 150' along an alley, approximately 152' along a railroad right-of-way and a rear lot line of approximately 178' along the park.  The site comprises approximately 0.58 acre.  The property is situated opposite Ellamont Street.


BLOCK PLAT (pdf)


Zoning  - M-1-1, Light Manufacturing.  The M-1 classification permits a variety of assembling, processing and storage uses.  For details see the Baltimore City Zoning Code link:
http://www.baltimorecity.gov/Portals/0/Charter%20and%20Codes/Code/Art%2000%20-%20Zoning.pdf


Utilities - Public water, sanitary sewer, gas, electricity and telephone are in the site.


Fenced yard.

 

IMPROVEMENTS

One Story Masonry Manufacturing and Warehouse Building - according to public tax records, the building was constructed in 1956 and contains 17,598 square feet of gross building area.  The building was formerly occupied by Performance Binding, Inc.

 


 


Exterior
L-Shaped Configuration
Built-up Roof
Overhead Drive-in Door
Loading Dock
2 - Pedestrian Doors


Interior
General office area - carpeting, drywall, acoustical tile ceiling
Private office - carpeting, drywall, acoustical tile ceiling, rest room
Warehouse - concrete floors, 2 sections (one with drive-in loading, one with dock loading), approximately 12' ceiling height, 3 rest rooms


Mechanical
Central air conditioning
Gas space heaters in warehouse
Single and three-phase electrical service, 3 electric meters
Electric water heater
Security alarm

 

REAL ESTATE TAXES

Published annual real estate taxes for 2013 are $4,534.

 

TITLE

The property is in fee simple and sold free and clear of liens.  Baltimore City Deed Liber 10349, folio 709.

 

INSPECTION TIME

The property may be inspected one hour before the auction or by appointment with the Auctioneers.

 

TERMS OF SALE

A $10,000 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 at settlement, which shall take place within 45 days.  If payment of the deposit or 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.


Auction by order of:
Sherwin Z. Carter, Trustee of The Frederick J. Carter Residuary Trust

 

FINANCING

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