PUBLIC AUCTION
HARFORD COUNTY GOVERNMENT
SURPLUS PROPERTY
1+ AC M/LCOMMERCIAL LOT With IMPROVEMENTS
HISTORIC “BEL AIR ACADEMY”
45 E. GORDON STREET
Town of Bel Air, Maryland 21014
THURSDAY, FEB. 5, 2015
AT 12 NOON
45 E. GORDON STREET, BEL AIR, MARYLAND
OPEN FOR INSPECTION: Thus. JAN. 22 from 10 am TO 12 noon and from 10 am on the Auction Date
TERMS: Below are the terms of the sale for the Property. In accordance with §1-29C(1)(b) of the Harford County Code and pursuant to Resolution No. 12-14, the Property shall be sold at public auction to the highest acceptable bidder/purchaser for cash or upon terms acceptable to the County Treasurer and County Attorney. The County shall have the right to reject any and all bids and sales. All sales are subject to approval by the Harford County Board of Estimates in accordance with §41-25 of the Harford County Code. The successful bidder/purchaser at the time of sale shall be required to provide a purchaser’s deposit of $15,000.00 by cashier’s check/certified funds. Risk of loss is on the purchaser from date and time of sale. The balance of the purchase price must be paid by cashier’s check and settlement must be made on or before March 31, 2015. Purchaser shall be required to sign a contract of sale at the time of sale. See contract of sale for terms and conditions, which shall be available for review upon request and/or at time of inspection/auction. Adjustments on all taxes, public charges and special or regular assessments shall be made as to the date of sale and thereafter assumed by the purchaser. If purchaser defaults, deposit shall be forfeited and the Property resold at the risk and cost of the defaulting purchaser who shall be liable for any deficiency in the purchase price and all costs, expenses and attorney’s fees. Title examination, conveyancing, State revenue stamps, transfer taxes, title insurance and all other cost incident to settlement are to be paid by the purchaser. The Property is to be sold “as-is, where-is”. Any objections can be filed with the Director of the Department of Administration and Mailed to 220 S. Main Street, Bel Air, Maryland 21014. Click here for Agreement of Sale Contract
NOTE: There is no Buyer Broker Commission offered.
PROPERTY: 1.07 acre more or less land located in the Town of Bel Air, Harford County, MD and more particularly described as Lot 2 on a plat of the Bel Air Academy which is recorded among the Land Records of Harford County in Plat Book 133, page 91. To the best of the County’s knowledge the Property is served by public utilities of electricity, telephone, water, sewer, natural gas and cable TV/Internet, the property is B2-A Commercial Zoning improved with a 2-story 19th C brick structure containing approx. 8,700 sq. ft. more or less with partial basement. Click here for images
NOTICE: The public acknowledges that the property may contain lead based paint and may contain other environmental contaminants. All persons who enter the building must first sign a Right-of-Entry and Hold Harmless Agreement to be provided upon time of inspection. Click here for the Right-of-Entry and Hold Harmless Agreement
Click here for additional disclosures (marketing brochure, deed, Memorandum of Understanding, plats, maps, B-2A zoning code, and more)
