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*These three properties to be offered separately and as an entirety.

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Auction: Commercial/Industrial Warehouse Building and Land in Cumberland, MD

6.9 +/- Industrial Acres with Commercial/Industrial Warehouse Building. Located in the Allegany Industrial Park

Description of Assets

COMMERCIAL/INDUSTRIAL BUILDING ON 6.93 ACRES
14801 Lock House Rd SE
Cumberland MD 21502
Photos

Property is centered between the steel capitol Pittsburgh and the port city of Baltimore which gives the buyer the ideal location for material and shipping.

  • Tract served by three major truck routes, Route 40, 220 and Interstate 68 and is on the main line of the CSX Railroad.
  • Excellent prospect for Commercial Industrial Development as Cumberland is part of the largest Enterprise Zones in the state of Maryland and offers numerous tax programs to Corporations & Industries.
  • PROPERTY CLASS: Commercial/Industrial

 


ADJACENT 8.126 ACRE LAND PARCEL ALSO AVAILABLE
Details
Date and Time Thursday, June 29 2006 starting at 11am

Location

Sale to Take Place at Property Site*, off intersection of Rt 51 and Pittsburgh Plate Glass Rd SE. Auction signs will be posted or call for directions.
*Exact Mapping Not Available, N. Branch Rd. allows access to Lock House RD. For further directions, please contact our office.
N Branch Rd, Cumberland, MD, 21502

Directions

See above or call for directions. Interested parties attending the 9:30am auction of the Mattingly Office Building will be escorted to the site at the conclusion of the 9:30am auction.

Inspection Dates Morning of Sale and by Special Appointment
Buyer's Premium A 7% Buyer’s Premium is in effect for this auction. A Buyer’s Premium is a surcharge which is added to the final price.
Terms & Conditions

A $15,000.00 bidders deposit in the form of cash, certified, or cashiers check, is required to bid on each of the commercial real estate properties. If the purchaser defaults, in addition to all other remedies including but not limited to attorney fees, the Seller may declare the entire deposit forfeited and resell the property at the risk and expense of the defaulting purchaser. The defaulting purchaser shall be liable for the payment of any deficiency in the purchase price, all costs and expenses of both sales, attorney fees, and all other charges due, including incidental and consequential damages. The defaulting purchaser shall not be entitled to any surplus proceeds or profits resulting from a resale.

Full Terms & Conditions (PDF file, 56K)

**To Qualify for Tax Exempt for Resale Purposes Status, please bring a copy of your Tax Exempt License**

   

SUBJECT TO ADDITIONS AND DELETIONS.

For more information about this auction: E-Mail Us or call (410) 876-8210

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