"Havre de Grace"

Featuring Live & Simulcast Online Bidding
$100,000 Opening Bid

– ESTATE SALE –

HAVRE DE GRACE

HIGH EXPOSURE
COMMERCIAL DEVELOPMENT SITE
1.58± Acres ✦ Signalized Intersection
Zoned C – Commercial

– Federal Opportunity Zone –

Known As
963 PULASKI HIGHWAY (US-40)
Corner Lewis Lane
Havre de Grace, Harford County, MD 21078

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.

MANNER OF SALE:
AJ Billig is pleased to offer 6 commercial and mixed-use properties in Harford County. The full list of properties can be found here:

• 963 Pulaski Highway
• 605 Pulaski Highway and 1035 Joppa Road
• 0 Belair Road
• 527 Underwood Lane
• 4376 Norrisville Road

The live auction will begin at the time stated above, with on-site registration and deposit verification beginning at 1:00 P.M. Pre-registration is available online. Online bidding will be open on Monday, April 3, 2023 at midnight. Online bidders must provide deposits in advance pursuant to the terms stated below. Properties will be offered in the order stated in the schedule, with separate and entirety offerings on 605 Pulaski Highway & 1035 Joppa Road. Contact us with any questions about preparing for the auction day.

LOCATION:
963 Pulaski Highway (US-40) comprises a high exposure commercial development site in the Havre de Grace area in northeastern Harford County. Pulaski Highway is a primary artery between Baltimore and Wilmington, serving commercial and residential centers throughout the corridor and beyond. The property is well situated at the corner of Lewis Lane, a signalized intersection, which leads towards the Havre de Grace city center. According to Maryland DOT statistics, 26,050 cars per day (AADT) pass the site along Pulaski Highway, with another 4,430 using Lewis Lane. The property adjoins an existing grocery store (Weis Markets) and fueling complex. Other nearby properties include retail strip centers, gas stations, retail pad sites, hotels, educational facilities and a variety of residential neighborhoods. The level and partially paved site is prime for development by business owners or developers. The property’s location within a Federally designated Opportunity Zone, providing an array of financial incentives for development, further enhances the potential for the site.

For more information about the area, please visit:
Harford County, MD – www.harfordcountymd.gov
City of Havre de Grace, MD – havredegracemd.gov
Maryland Opportunity Zones – dhcd.maryland.gov
Opportunity Zones FAQs – www.irs.gov

SITE:
Lot size – 1.58 total acres

The property is comprised of two parcels divided by a common access road to the Weis Markets property. The site features three curb cuts, two on Pulaski Highway and one on Lewis Lane. New curbing and a sidewalk run the eastern and southern property lines. A preliminary site plan (embed link here) was provided for development of the site as a hyper convenience store. The property was previously used as a truck and tire repair facility. Public water and sewer service are believed to be on site (City of Havre de Grace service area).

Front parcel – 1.03 acres. Partially paved, and formerly operated as an automotive facility. Underground tanks have been filled in compliance with MDE regulations. MDE UST Report.

Rear parcel – 0.55 acre. Mostly wooded.

Harford County GIS Map

SDAT Map

Preliminary Site Plan

ZONING:
C – Commercial – City of Havre de Grace Zoning

Details of the Commercial District can be found here: City of Havre de Grace Zoning – ecode360.com. Example principal permitted uses include, but are not limited to, offices, health care facilities, retail businesses, hotels/motels, restaurants, distillery, churches, storage, manufacturing and childcare.

For more information about Havre de Grace Planning and Zoning, please visit:
Department of Planning – havredegracemd.gov

Zoning Map – havredegracemd.gov

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

TAXES:
Current annual real estate taxes are a total of $4,466.86 (City of Havre de Grace – $1,662.26, and Harford County – $2,804.60) based on a full value tax assessment of $294,200.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $15,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (wire or cashier’s check).

Online Auction Bidders – a $15,000 deposit, payable by cashier’s check or wire, will be required of all online bidders by 12:00 Noon on Tuesday, April 4, 2023. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 4:30 P.M. on the day of auction. Deposit Escrow Agreement

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. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, ground rent and 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 contract 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. The Property will be sold subject to Harford County violation notices, if any. Purchaser assumes the risk of loss from the date of contract forward. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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. A 5% buyer’s premium will be added to the final bid price.