"Brewers Hill" End-Of-Group Building Occupied by the "Highland Clipper Club, Inc." Fixtures/Equipment and 7-Day Class C Private Club Liquor License

14925_dean621_front2.jpg

Listing Details

Sold Price
$75,000
Auction Date
Auction Time
11:00 AM
Address
621 S. Dean Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Brewers Hill
Scroll down for Complete Details, including: property description and Terms of Sale.

Shawn R. Harby, Attorney
309 S. Conkling Street, Baltimore, MD 21224

ATTORNEY'S AUCTION
Due to Corporate Dissolution
                             
BREWERS HILL

Two Story, Brick
END-OF-GROUP BUILDING
Occupied by the
"Highland Clipper Club, Inc."

 

Suitable for Rehabilitation or
Continued Use as a Social Club

Sale On Premises
621 S. DEAN STREET
Off 3700 Fleet Street, Baltimore, MD 21224

FRIDAY, MARCH 9, 2012
AT 11:00 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:

621 S. Dean Street is situated in the Brewers Hill neighborhood of east Baltimore, east of Canton and south of Highlandtown.  The neighborhood is a mixture of one hundred year old townhomes, new townhouse and apartment construction, re-purposed commercial and industrial facilities and newly constructed service buildings.  The neighborhood is popular to new and existing residents due to its easy access to I-95, I-895, I-83 and I-695.  Fells Point, Harbor East and the Downtown Business District are within about 2.5 miles of the property.


Link for neighborhood profile:
http://www.livebaltimore.com/neighborhoods/list/brewershill

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

Photos of auction property
STREET SCENE #1    STREET SCENE #2

 

SITE AREA

Rectangular lot 15' x 80', corner of narrow walkway

Zoning R-8, residential

All public utilities


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story formstone front end-of-group brick building - according to public tax records, the building was constructed in 1920 and contains 2,250 square feet of gross building area and 1,125 square feet of basement space.


Exterior
Built-up roof
Glass block on first level
Vinyl-clad double hung replacement windows on second floor


First Floor
Paneled bar area with vinyl floor and ceiling fans
Dumbwaiter to second floor
Men's and ladies' rest rooms
Commercial kitchen, ceramic tile floor, fully equipped


Second Floor
Large paneled billiard room
Rest room
Card area
Office


Basement
Unfinished - storage and mechanical areas
Walk-in cooler


Mechanical
Oil fired hot water heat with radiators
Gas, 40-gallon water heater
Circuit breakers
Window air conditioners


Photos of auction property
1ST FLOOR PHOTO #1  1ST FLOOR PHOTO #2
2ND FLOOR PHOTO #1  2ND FLOOR PHOTO #2
KITCHEN


The property has been occupied by the Highland Clipper Club, Inc., a private social club, since at least 1943.  The building could continue to be used as a social club or could be converted to a residence.  The auction includes the Fixtures and Equipment and a 7-Day Class C Private Club Liquor License. 


The transfer of the liquor license is subject to the approval of the Board of Liquor License Commissioners of Baltimore as in the case of an original application, and it shall be the sole responsibility of the purchaser to obtain said approval.  In addition, in line with Article 2B of the Annotated Code of Maryland, any tangible personal property taxes, retail sales, amusement, admission and/or withholding taxes must be paid to the City of Baltimore and/or State of Maryland.

 

REAL ESTATE TAXES

Published taxes for 2011 were $4,503 based on a full value assessment of $189,200.  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 and will be sold free and clear of liens.  Deed Liber 6537, folio 54.

 

INSPECTION TIME

The building will be opened for inspection one hour prior to the time of sale.

 

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 by Monday, March 12, 2012 at the Auctioneer's office.  Balance to be paid in cash within 45 days.  If payment of the 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 except where otherwise mandated by local, State or Federal law.  Time is of the essence.


No buyer's premium.


BIDDER PRE-REGISTRATION

Online pre-registration is now closed. Please register with the Auctioneer at the auction site.

BROKER COOPERATION:

Broker participation is invited. See our: BROKER REGISTRATION FORM (pdf). 

The completed form must be returned to the Auctioneer's office by 5:00 P.M. on Thursday, March 8, 2012.

 

FINANCING

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