COMMERCIAL REAL ESTATE AUCTION - EASTERN BALTO. CO.
- 1 STORY BUILDING ZONED BL-AS
- (former Royal Farms store)
- 2,891 +/- sq ft & ON SITE PARKING & CORNER LOT
FRIDAY, APRIL 8, 2016 @ 11AM
12601 EASTERN AVENUE CHASE, MD. 21220 (map)
Click photos to enlarge
Inspection: 1 hour prior to auction.
Real Estate: One story building on a concrete slab constructed in 1991 and has 2,891 sf of building area on a half acre lot with ample parking. Ceramic floor tile, suspended ceiling, large walk in cooler and self service doors, commercial style kitchen, storage room, fire suppression system, heavy electric power, gas forced air heat & central a/c. Roof is built up tar, glass show windows, Customer service entrance w/single & double glass doors, steel pedestrian door. Zoning is currently BL-AS, business local. Property is subject to use restrictions and shall not be leased, used or occupied for the purpose of engaging in (1) the sale of gasoline and other motor fuels, (2) a quick serve restaurant, such as a McDonald's, Burger King, Wendy's, Subway or Quiznos Subs, (3) a coffee or donut restaurant, such as a Starbucks or Dunkin Donuts, (4) a discount tobacco store, (5) a convenience store, or (6) an automated carwash. This restriction shall run with the land, and be binding on all future owners of this property for 30 years from June 8, 2011.
Personal Property: Large lots only. Payment in full at time of sale.
Auctioneer’s Note: Store was most currently used as a thrift shop. The former underground fuel tanks have been removed and the site has been certified as closed by the MDE. Owner says sell. No reasonable offer refused!
RE Terms: $10,000.00 down in cash, cashier's or certified funds at time of auction. 10% Buyers premium, Sold AS IS, time is of the essence, 60 days to settle.
Content Terms: 10% BP, 6% sales tax. Everything sold AS IS. Immediate removal.