4,200 +/- sf Commercial Condo Unit in Gaithersburg, MD
Substitute Trustee’s Sale
February 25, 2016
7621 Rickenbacker Drive, Suite 500, Gaithersburg, Maryland 20879
SOLD – $505,000
Sale to be held at the Court House Door, Circuit Court for Montgomery County, 50 Maryland Avenue, Rockville, MD 20850
No Buyer's Premium!
Property believed to be a lot size of 13,868 +/- sq. ft. with unit #500 being 4,200 +/- square feet. Prime location off of Woodfield Road (Rt. 124) and Airpark Road. There are two elevated bay doors converted to windows and glass doors. Currently operating as a catering business.
A deposit of $75,000 in the form of certified check, cashier’s check or money order, at the time of sale will be required of all purchasers other than the holder of the Deed of Trust or an affiliate. The deposit(s) must be increased to 10% of the purchase price within 2 business days at the office of the auctioneer. The property and improvements, if any, will be sold in an “AS IS” condition and subject to conditions, restrictions, existing building, zoning, and/or environmental violations, agreements of record affecting the same, if any, and with no warranty either expressed or implied as to the description of the condition of the property or improvements.