Improved by a 3-Level, brick office building containing approximately 10,650 square feet of above ground area as well as 5,325 +/- square feet of unfinished lower level area. Currently divided into a single unit on the main level and 3 units on the upper level. Each unit has separate electric meters, restrooms and roof mounted, gas fired forced air heating and air conditioning systems. The lower level is presently unfinished and has potential for ample storage or finishing into below grade office suites.
The building presents an excellent opportunity for an owner occupant who wishes to occupy the 5,000 +/- sq. ft. of main floor area and 2,500 +/- sq. ft. of upper level area. An upper level tenant occupies 2,200 +/- sq. ft. until 2011.
Features include:
- 2,000 lb. capacity Elevator
- Ample Paved Parking for approximately 50 cars
- Zoned OR-1
- New Roof in 2009.
- Lot Size 0.634 +/- acre lot
- Great location one block from Reisterstown Rd.
Ground Rent:
This information will be available shortly.
5% Buyers Premium Added To The Hammer Price
Terms of Sale: A deposit in the form of cash, cashier's check or certified check for $50,000 is due at the time and place of sale. Settlement is 45 days from the sale date. If payment of the balance of the purchase price 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 income and expenses, including real estate taxes, and all utilities which are not the obligation of tenants to pay, if any, and all sanitary and/or metropolitan district charges, special assessment and private utility charges are to be adjusted to date of settlement and assumed thereafter by the purchaser. Cost of all documentary stamps, settlement fees and transfer taxes are to be paid by the purchaser. The property will be sold in "AS IS" condition without express or implied warranty as to the nature, condition or description of the property or the improvements, or their suitability for any particular purpose. The property will be sold subject to easements, agreements, restrictions, encroachments and 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.
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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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