"Southern Maryland"

A $10,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4:30 P.M. on the day of auction. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount. No Buyer’s Premium. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.

$75,000 Opening Bid

SOUTHERN MARYLAND
– Newburg Area –

COMMERCIAL PROPERTY
Retail Storefront & Accessory Buildings
1.17± Acres ✦ 30+ Car Parking
– Zoned CV – Village Commercial –

Formerly Known As:
“Wayside Store”

Known As:
13074 ROCK POINT ROAD
Near Shiloh Church Road
Newburg, Charles County, MD 20664

Online Bidding Opens:
TUESDAY, APRIL 18, 2023

Online Bidding Closes:
THURSDAY, APRIL 20, 2023
AT 11:00 A.M.

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.

LOCATION:
13074 Rock Point Road is located in the Newburg area of Charles County in Southern Maryland. The property sits about 2.5 miles south of US-301 (Crain Highway), and 2 miles east of the Potomac River. Rock Point Road, MD-257, is the primary north south artery running from US-301 down to Rock Point and Cobb Island. The peninsula encompassing Newburg, Shiloh, Mt. Victoria, Swan Point and Rock Point is largely agricultural, with maritime businesses and recreational opportunities lining the Potomac and Wicomico Rivers.

Positioned at the intersections of Rock Point Road, Shiloh Church Road and Morgantown Road, the property has good exposure for those residing and commuting throughout the immediate area. According to Maryland SHA traffic data, the annual average traffic count at Rock Point Road is 5,803 vehicles daily. The property is among very few commercially zoned parcels south of US-301, making the location prime for both businesses and investors of all types. The primary structure itself is in shell condition, featuring a new roof, new subfloor and new framing, ready for build-out to a new occupant’s needs. An additional structure, previously used as a residence, and a storage shed are also on-site.

For more information about the area, please visit:
Charles County – www.charlescountymd.gov

SITE:
Lot size – 1.17 acres, more or less, according to public tax records. Plat

The property is mostly level with 22 car existing paved parking. Potential for additional parking with additional site development.

There is a pole sign for the former store located along a median strip between Rock Point Road and Merrimack Place. The location of the sign on the subject property, or by agreement with a neighboring owner or jurisdictional authority, is unknown.

ZONING:
CV – Village Commercial

According to the Charles County Zoning Code, “This zone provides for appropriate locations for limited commercial and small-scale industrial activities to serve the rural areas of the County.”

According to the Table of Permissible Uses found in the County Code, example uses in a CV district include a variety of commercial, residential (including multifamily), agricultural, marine, institutional and industrial uses. See the table linked below for additional details.

“Table of Permissible Uses” – ecode360.com

For more information about Charles Count Zoning, please visit:
Planning and Growth Management – www.charlescountymd.gov

IMPROVEMENTS:
The property is improved by two buildings and a shed.

The primary storefront building was constructed in 1945, and contains 2,280 square feet of gross building area, according to public tax records. Actual gross building area is believed to be in excess of 3,000 square feet. The building features vinyl and brick siding, new asphalt architectural shingle roof, new sub-floor and new framing, and is otherwise in shell condition. Previously used as a small grocery and packaged goods store.

An accessory structure, believed to have been previously used as a residence, and containing approximately 740 square feet, is located a short distance north of the storefront. The structure features vinyl siding, asphalt shingle roof, and vinyl clad replacement windows on the exterior; laminate and carpet flooring and drop ceiling on the interior.

A storage shed is located at the rear of the property.

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

TAXES:
Current annual real estate taxes are $3,212.59, based on a full value tax assessment of $219,900.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $10,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4:30 P.M. on the day of auction. 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, 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. 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. Time is of the essence.

No Buyer’s Premium!