"Lansdowne"

“JUST ONE MORE BAR & GRILL”
Real Estate ✦ 7 Day Liquor License
Furniture, Fixtures & Equipment

Known As:
2511 HAMMONDS FERRY ROAD
& Tax IDs: 1308001009 & 1308001010
Corner Hazel Avenue
Lansdowne, Baltimore County, MD 21227

NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property. Some interior photos have been digitally staged for marketing purposes. Fireplaces are not known to be operational.

LOCATION:
Just One More Bar & Grill is located in the Lansdowne area of southwest Baltimore County. The surrounding area is more generally referred to as Halethorpe or Arbutus, with all three areas sharing the 21227 zip code. The location is extremely convenient and easily accessible. The Baltimore Beltway (I-695), I-95, I-895 and the Baltimore Washington Parkway (MD-295) are all within approximately 1.5 miles. Hammonds Ferry Road itself is a busy throughway for those who live and work in the area, in addition to a variety of prospective customers in transit. According to MDOT statistics, approximately 5,303 cars per day (AADT) pass by the site along Hammonds Ferry Road. Nearby properties are a mix of businesses and single family homes.

The building has been recently updated, featuring a brand-new kitchen, new flooring, new bathrooms and an array of updated finishes. The auction provides an opportunity to purchase an operating bar with event space, parking and a patio in a convenient, visible location. Existing relationships with gaming machine vendors and the Maryland Lottery (Keno) further expand revenue opportunities.

SITE:
Lot size – 0.264 acre, total, according to public tax records. The property comprises a total of three tax records, as further described below.

2511 Hammonds Ferry Road –

• The location of the structure, small parking area and patio.
• Lot size – 0.158 acre, more or less.
• Known as lots 1, 2, 3 & 4 in Block 3 in the plat of “Joshua…” found at Baltimore County Plat Book JWS No. 1, page 144. Plat
• The lot fronts approximately 68′ on Hammonds Ferry Road, with depths of roughly 100′.
• Curb cuts on Hammonds Ferry Road and Hazel Avenue.
• Parking for 4-5 vehicles, dumpster access and additional apron.
• Fenced concrete patio.

Tax IDs: 1308001009 & 1308001010 –

• Gravel parking lot for 11-12 vehicles.
• Lot size – 0.106 acre, more or less, total.
• Known as lots 12 and 13 in Block 4 on the Plat stated above.
• The lots front a total of approximately 36′ on Hammonds Ferry Road, with depths of roughly 132′.
• Curb cuts on Hammonds Ferry Road and Hazel Avenue.
• Total number of parking spaces could be increased with design work.

ZONING:
DR 5.5 Residential – Non confirming use for a restaurant, alcoholic beverage store, tavern, living quarters in a commercial building, and parking area across Hazel Avenue from the building. Non-confirming use language derived from case 1986-0021-SPH.

For more information about Baltimore County Zoning, please visit:
What is Zoning? – www.baltimorecountymd.gov

IMPROVEMENTS:
Two story free-standing building – constructed in 1929, containing 2,238 square feet of building area above grade and 660 square feet of unfinished basement space. The building has been fully renovated within the past year, and features a new kitchen, new bar equipment, new bathrooms, an array of new flooring and finishes.

The first floor is arranged as an open bar area with table space, games, pool area and two powder rooms. The second floor is arranged as a private event space (or additional dining or apartment), private office and full bathroom. Unfinished basement with utility area and storage.

Walk-in refrigerator (needs repair). Upgraded 200 amp. electrical service. 2 zone HVAC (heat-pump and AC for upper floor, and split system for lower floor).

TITLE:
In fee simple; sold free and clear of all liens.

TAXES:
Current annual real estate taxes are $4,595.08, based on a full value tax assessment of $263,133 (all three tax records).

LIQUOR LICENSE:
Class D(BWL) – 7 day beer, wine and liquor license. The transfer of this liquor license is subject to the approval of the Board of Liquor License Commissioners for Baltimore County as in the case of an original application, and it shall be the sole responsibility of the purchaser to obtain said approval. The license is sold free and clear of liens.

FURNITURE, FIXTURES AND EQUIPMENT:
The property contains an array of furniture, fixtures and equipment, including beverage refrigerators (stand-up and under counter), stools, tables, pool table, shelves and other miscellaneous items.

MANNER OF SALE:
The real estate, license, furniture, fixtures and equipment will be sold as an entirety only. Existing inventory may be available on a dollar-for-dollar basis.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A 10% deposit, payable by cashier’s check, will be required of the purchaser. Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of settlement and assumed thereafter by the purchaser. The property will be sold in “AS IS” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of contract forward. If the Seller is unable to convey good and marketable title, the purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law. Time is of the essence.