Sale Type
Receiver Sale
Sale Date
June 24, 2016
Sale Time
11:30 A.M.
Sold Price
$950,000
Property Address
12600 Marjan Lane, Ocean City, Maryland 21842
Auction Location

SOLD – $950,000

Sale to be held on the premises, 12600 Marjan Lane, Ocean City, Maryland 21842

Description
No Buyer's Premium on Real Estate!
Description

The Property is believed to contain approximately 1.070 acres +/- and is believed to be improved with a single story, prefab steel structure containing 7,224 square feet of gross building area.   Site improvements are believed to include paved parking for 37 vehicles.  The Property is believed to be zoned C-2 (General Commercial).  Facility was operated as the musical theatre venue “OC Jamboree”.

Sale Terms

A deposit in the amount of Fifty Thousand Dollars ($50,000.00), payable in cash, certified check or other form acceptable to the Receiver, will be required of the purchaser(s) at the time and place of sale. The successful bidder will be required to increase the deposit to ten percent (10%) of the bid amount within five (5) business days of the date of sale by delivering certified funds to the Receiver. 

Manner of Sale

The collateral will be sold following the conclusion of the real estate auction. 

Collateral Auction Information – Click Here

 

Contact Information
Call Jack Levi at (410) 803-4161 or email him using the form below.
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