Dave Watlington

Description

$375,000 LIST PRICE SUGGESTED OPENING BID AT AUCTION. ****NO PRE BID**** AUCTION FRI, April 25, 2025 @ 11:00 AM ON PREMISES. Broker/agent registration form is available upon request and must be in the hands of Jay Edwards Auctioneers 48 hours prior to auction. 4 B2 Commercial Zones Parcels Comprising of 7.40 +-Acres *3605 PHILADELPHIA RD, 1313, 1317, & 1321 ABINGDON RD, ABINGDON, MD 21009 Suggested opening bids: Offering individually & in the entirety OFFERING 1- Starting bid $500,000.00 OFFERING 2- Starting Bid $375,000.00 OFFERING 3- Starting Bid $150,000.00 (LOT) Vacant Lot Commerical/Residential Offering 1: 1317 & 1321 Abingdon Rd. to be offered together. 1.50 +/- acres on the corner of Philadelphia & Abingdon Rd. Currently leased by Abingdon Liquors (Business not for sale) for $1,600.00 per month. Lease on website. Lower level is unfinished and currently being used for storage. Leased for $600.00 per month. Real Estate: (1317 Abingdon Rd.) One-story retail store w/ (8) asphalt parking spaces and pad. The building has ½ bath and a small office area. Separate entrance/exit. Oil heat/force hot air. Window air units. Venting for central air. Lower level is unimproved w/ storage area, ½ bath, and separate entrance/exit. Oil heat. Public water/private sewer. (1321 Abingdon Rd.) Commercial unimproved corner lot w/ frontage at the corner of Philadelphia and Abingdon Rd. Asphalt parking lot & pad. Driveway w/ access from Philadelphia Rd. connecting to 1317 Abingdon Rd. Public water/private sewer. Offering 2: (3605 Philadelphia Rd.) 5.41 +/- acres w/ 2.5 story colonial style home. RealEstate: Enter from ground level to family room. Under steps storage. Bedroom w/ closet space. Full bath. Utility room w/ sink, washer and dryer. Storage under front porch. Formal dining room. Hardwood floors throughout living room & dining room. Family room w/ ceiling fan. Eat in country kitchen includes dishwasher, refrigerator, electric stove, oven, pantry, ceiling fan and exits to side and back. Full bath off kitchen. Upper level has Bedroom #1 w/ ceiling fan and hardwood closet. Bedroom #2 w/ large walk-in style closet and ceiling fan. Bedroom #3 w/ (2) closets and pull-down attic access. Full hallway bathroom. Bedroom #4 w/ dual closets. Central air. Oil baseboard furnace w/ baseboard heat. Public water and septic. The property is currently being rented for $1,200.00 per month. Offering 3: (1313 Abingdon Rd.) Zoned Comprised B-2 lot 0.49 +/- acres Auctioneer’s Note: Great traffic count on this commercial corner. Brings in $3,400.00 per month income. High visibility corner. Broker co-op invited. RE Terms: ON SITE AUCTION Offering 1: $50,000.00 down. Offering 2: $25,000.00 down. Offering 3: $10,000.00 down. Initial deposits in cash, cashier’s check, or certified funds ONLY. $75,000.00 down if purchased in the entirety to be paid by money order, cashier’s check, or certified funds ONLY at time of sale. All deposits to be increased by 10% of the purchase price by close of business Monday, April 28 th by 5:00 pm at the office of the auctioneer in cashier’s check, certified funds, or wire transfer. 10% Buyers Premium, Sold AS IS, WHERE IS, time is of the essence, 60 days to settle. Properties will be offered individually then in the entirety (1317 & 1321 will be offered together). Public water/private sewer (locations of public sewer are posted on our website). Aerial photos on website.

Features