SHORT SALE AUCTION
- Fully Operating -
TWO STORY TAVERN
With Apartment Above
FIXTURES & EQUIPMENT
Sale On Premises
421 S. CONKLING STREET
Off 3500 Eastern Avenue
Baltimore, MD 21224
THURSDAY, NOVEMBER 20, 2008
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 and square footage contained herein are more or less.
421 S. Conkling Street is located in the heart of the Highlandtown commercial district, near major residential and commercial development. The property is in close proximity to I-95, Canton, Greektown, Brewer's Hill and Bayview Hospital.
For directions from your location, visit: MapQuest
Rectangular lot - 13'4" x 91'6"
All public utilities
Zoning B-2-3, commercial, "Community Business District"
BLOCK PLAT (pdf)
Two story in-line commercial building - formstone front, double hung replacement windows, built-up roof, front walkway to rear yard. First floor contains a bar, game room, and 2 rest rooms. Second floor apartment has a kitchen, 2 rooms, shower-bath and sun deck). Unfinished basement. Updated gas forced hot air heat and central air conditioning, 40 gallon gas water heater, 200 ampere electrical service, security alarm.
In fee simple. The property will be sold free and clear of liens. Deed Liber 6185, page 1438.
6-Day Beer, Wine and Liquor License, permits sales for on and off premises (package goods) consumption.; 1:00 a.m. closing. The transfer of this 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. The license is sold free and clear of liens.
Bar, bar stools, draft beer system, underbar sink, reach-in bottle box, cash register, security camera, etc.
The property is available for inspection by appointment with the Auctioneers, phone 410-752-8440, e-mail firstname.lastname@example.org, or at 10:00 a.m. on the day of sale.
The real estate, liquor license and equipment will be offered as an entirety only.
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 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 agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. 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.
Broker participation is invited.
BROKER PARTICIPATION FORM (pdf)