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Key Details
Sold Price $535,300
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,941 sqft
Price per Sqft $135
MLS Listing ID MDBC2096884
Sold Date 08/02/24
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $3,394
Tax Year 2024
Lot Size 0.830 Acres
Acres 0.83
Lot Dimensions 1.00 x
Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding Begins Saturday, June 8th and ends on Thursday, June 13th @ 11:00 AM. TURN-KEY OPERATION: Fully equipped well known bar/restaurant and liquor license. Location: The property is located on Middleborough Road which is accessible from Back River Neck Rd in Essex. The area is a water-oriented community in proximity to Middle River. The area is predominantly residential with scattered commercial properties, many enjoying waterfront access. It is secluded and easily accessible to a large concentration of residential communities that are located in Back River Neck. It is within 15 minutes of I-95 as well as the Baltimore Beltway (I-695). Within 4 miles of the property is a new townhouse community development with over 100 lots called Hyde Park Overlook. Nearby is a proposed 101 lot subdivision known as the Preserve at Holly Neck. Property Description: The main property consist of a 0.83 acre site with frontages along Middleborough and St. Georges Roads. It is improved by a long established bar with a Class D Liquor License. The property also includes a one-story rental unit as as well as a two-story rental unit. The units rent for $800 and $1,100/monthly. The front portion of the property is zoned BL, Business Local. The rear portion is zoned DR 3.5. There are approx. 18 parking spots around the building. Across the street from the property is a separately deeded 0.30 acre lot used for additional parking by the bar patrons. It is believed to be zoned DR 3.5. Liquor License: CLASS D LIQUOR LICENSE, Beer Wine Liquor A 7-day Sales & 7-day Packaged Goods Sales, and food service not mandatory. The transfer of this liquor license is subject to the approval of the Board of Liquor License Commissioners of Baltimore County 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 the Alcoholic Beverages Article of the Annotated Code of Maryland, any tangible personal property taxes, retail sales, amusement, admission, and/or withholding taxes must be paid to Baltimore County and/or State of Maryland and are to be paid by the seller.
Location
State MD
County Baltimore
Zoning BL
Interior
Hot Water Other
Heating Other
Cooling Central A/C
Heat Source Other
Exterior
Garage Spaces 18.0
Waterfront N
Water Access N
Accessibility Other
Total Parking Spaces 18
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore County Public Schools
Others
Tax ID 04151504502324
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
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Bought with Paul R Cooper • Alex Cooper Auctioneers, Inc.
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327