"Cambridge"

A $5,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, at the Auctioneer’s office. 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. A 10% buyer’s premium will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and please see the Sample Contract.

Timothy J. Sessing, Esq.
Morris Sessing
12850 Middlebrook Road, Suite 308
Germantown, MD 20874

$25,000 Opening Bid

Estate Sale

CAMBRIDGE

MASONRY
WAREHOUSE BUILDING
3,312 Sq. Ft. GBA ● Zoned D – Downtown

Known As:
202 FRANKLIN STREET
Near US-50 & Maryland Avenue
Cambridge, Dorchester County, Maryland 21613

Online Bidding Opens
MONDAY, DECEMBER 8, 2025

Online Bidding Closes
THURSDAY, DECEMBER 11, 2025
AT 12:00 NOON

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.

GENERAL INFORMATION:
Estate Sale of a warehouse building in Cambridge on Maryland’s Eastern Shore. The 3,312 sq. ft. masonry building with roll-up door has been used in a variety of ways, most recently as a storage facility and part-time residence. The property is located within blocks of both Cambridge Creek and the Choptank River, with a number of maritime oriented businesses and recreational facilities in the immediate area. US-50 is within three blocks. The auction provides an opportunity to purchase a single level building needing renovation and a variety of potential uses.

LOCATION:
202 Franklin Street is located within the City of Cambridge in Dorchester County on Maryland’s Eastern Shore. Cambridge is an historic community with modern roots back to the 1600s, and as a home to indigenous communities for much longer. The area’s development is largely correlated with Cambridge’s strategic waterfront location along both the Cambridge Creek and Choptank River. The City has been a hub of commercial activity for both the agricultural and fishing industries for hundreds of years.

US-50, the primary artery running through the Eastern Shore, is located just three blocks east of the property. The waterfront area along Cambridge Creek, including marinas, waterfront parks, restaurants, a variety of other businesses and homes, is located three blocks west. A large variety of maritime businesses and recreational facilities are also located all along the Choptank River and other local rivers, creeks and coves in good proximity.

For more information about the area, please visit:
Cambridge, MD – www.choosecambridge.com
Dorchester County, MD Tourism – visitdorchester.org

SITE:
Lot size: 0.096 acre, more or less, according to public tax records

Irregularly shaped lot fronting approximately 50′ along Franklin Street with depths of approximately 100′. Curb cut on Franklin Street.

Believed to be served by public water and sewer.

Zoning – City of Cambridge Zoning D – Downtown

According to the City of Cambridge Zoning Code, “The Downtown/Waterfront Development District (DWDD) is applied to the mixed-use center of Cambridge. The district regulations are intended to promote compatibility in building form, a broad mixture of compatible land use types arranged in ways that foster efficient use of land and a walkable community.” The Downtown area is further divided among different subdistricts, with permitted uses as guided by the underlying subdistrict.

For more information, please visit:
Planning & Zoning – www.choosecambridge.com

GIS Map

Zoning Map

IMPROVEMENTS:
Single story masonry building – constructed in 1935 and containing 3,312 square feet of gross building area, according to public tax records. The building features a roll-up door, asphalt shingle roof, concrete floor, mixed windows, 200 amp electrical service and oil forced air furnace (condition unknown). Currently arranged as a warehouse or storage facility with mezzanine and powder room.

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

TAXES:
Current annual real estate taxes are $788.88, including City, County and State taxes, based on a full value tax assessment of $42,000.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $5,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, at the Auctioneer’s office. 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. The Property will be sold subject to City of Cambridge and Dorchester 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. The Purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. 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. A 10% buyer’s premium will be added to the final bid price.

Sale by Order of the Estate of Jeffrey Allen Heaton