10,880 +/- Sq. Ft. Commercial/Retail Building - The Masonic Building - in Federalsburg, Maryland
Sale Type
Assignees’ Sale
Sale Date
February 13, 2013
Sale Time
11:00 A.M.
Sold Price
$47,000
Property Address
114 North Main Street, Federalsburg, MD 21632
Auction Location
Sale to be held on the premises:
112 North Main Street
Federalsburg, MD 21632
Description
No Buyer's Premium
Description
Built in 1919, this two-story historic building is known as The Masonic Building. It has 10,880 +/- Sq. Ft. on 0.15 +/- Acres, Zone C-1. Prime location on North Main Street, the building has commercial rental space on both floors. 75% leased with two (2) retail tenants on the ground floor and a church tenant on the second floor. Address includes 112, 114, & 116 North Main Street.
Sale Terms
A deposit in the form of cashier’s or certified check, or in such other form as the Assignees may determine, at their sole discretion, for $10,000.00 at the time of sale. The property will be sold in “as is” condition and subject to conditions, restrictions, easements, encumbrances and agreements of record affecting the subject property, if any, and with no warranty of any kind.
