View from Eastern Blvd.
** Please Note New Time of Sale - The Auction will be taking place at 1:30pm on the premises. **
Prime Commercial Site located on the corner of Eastern Blvd. and Wiltshire Road. The property has a total lot size of 11,500 +/- sq. ft. or 0.26 acres. It is zoned BL, Business Local.
Typical Uses Permitted by Right:
- Restaurant
- Retail Sales
- Personal Services
- Bank
- Office
- Tavern
- Food Store
- Medical Clinic
For more information on the BL zoning designation, including allowed uses, please see "A Citizen's Guide to Zoning in Baltimore County" which is published by the Baltimore County Office of Planning.
The property is improved by a one story building which is currently owner occupied and used as a carry-out restaurant.
Please note: This auction does not include the kitchen equipment. The property is currently owner occupied and will be delivered vacant. The seller is open to privately negotiating the continued use of the site as a Smoke House Bar-B-Que franchise with the new owner.
Ground Rent:
Fee Simple
Summary of terms of sale: A deposit in the form of cash, cashier's check or certified check for $30,000 is due at the time and place of sale. The difference to bring the deposit up to 10% is due 3 business days after the sale in the auctioneer's office. Settlement is 60 days from the sale date. If payment of the balance of the purchase price or deposit is not paid within the specified period, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. All expenses, including real estate taxes, and sanitary and/or metropolitan district charges, are to be adjusted to date of settlement and assumed thereafter by the purchaser. Cost of all documentary stamps, settlement costs and transfer taxes to be paid 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. The property will be sold subject to easements, agreements, restrictions or covenants of record affecting the same, if any. Dimensions and acreage are more or less. Time is of the essence as to the terms of this contract.
Click Here For The Full Sale Terms In PDF Format
Note: The information contained herein was obtained from sources deemed reliable, but is offered for informational purposes only. The Auctioneer, the Sellers, and their respective agents and representatives do not make any representations or warranties with respect to the accuracy of the information contained herein. Prospective purchasers are urged to make their own inspection.
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