"Essex"

Featuring Live & Simulcast Online Bidding
$300,000 Opening Bid

“HARVEY’S PUB & LIQUOR STORE”
Real Estate ✦ 7 Day Liquor License
Furniture, Fixtures & Equipment

Sale On Premises:
400 MYRTH AVENUE
Tax ID: 15-1518000300
Near Emory Road (MD-91)
Essex, Baltimore County, MD 21221

Online Bidding Opens
TUESDAY, OCTOBER 19, 2021

Live Onsite Auction Begins
FRIDAY, OCTOBER 22, 2021
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. Some interior photos have been digitally staged for marketing purposes. Fireplaces are not known to be operational.

LOCATION:
Harvey’s Pub & Liquor Store is located in the Essex area of eastern Baltimore County. Positioned a short distance off Mace Avenue, and opposite a Royal Farms, the location provides a well-known, easily accessible position within the community. Myrth Avenue runs between Mace Avenue and S. Marlyn Avenue, offering proximate access to consumers throughout the surrounding area. The business has a long history, and has an excellent layout for a retail bar and restaurant business, package goods, and as an event space. The auction provides an excellent opportunity to purchase a turn-key property and business known for “Good Food, Good Drinks, Good Times,” or to rebrand and remodel for a new concept.

For more information about the area and business, please visit:
Harvey’s Pub – www.harveyspub.net
Baltimore County Government – www.baltimorecountymd.gov

SITE:
Lot size: 0.238 acre, more or less, according to public tax records

The lot fronts approximately 100′ along Myrth Avenue. Large curb cut.

Asphalt paved parking area for 12+ vehicles. More parking may be available with a more comprehensive design.

Pole Sign

All public utilities

ZONING:
BL – Business Local, according to the Baltimore County Zoning GIS. According to the Baltimore County Zoning website, BL represents a “Business Local-small scale commercial” zone. A small piece of the eastern side of the property may be located in a DR 5.5 residential zone.

For types of permitted uses, see A Citizen’s Guide to Zoning – www.baltimorecountymd.gov

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

IMPROVEMENTS:
Two story semi-detached commercial building – constructed in 1935 and containing 3,480 square feet of gross building area, according to public tax records. The building is arranged as a tavern and package goods store on the first floor, with ample event space or additional seating on the second floor. The building was comprehensively updated in 2007. The building has gas fired radiant heat, with heat pumps and CAC.

The tavern area is fully equipped, with full bar, kitchen, approximately 50 seats (on the first floor), gaming area, two powder rooms, and is currently approved for Maryland Lottery sales. The second floor is arranged as an event space, with capacity for approximately 90 patrons and a service bar.

The liquor store area features refrigerators, showcases, ample shelving and check-out counter.

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

TAXES:
Current annual real estate taxes are $4,785.61, based on a full value tax assessment of $259,167.

LIQUOR LICENSE:
Class D(BWL) – 7 day beer, wine and liquor license, on and off premise sale. 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. Bidding on the entirety offering will be available via online bidding, as well as simulcast in-person bidding at the subject property.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $30,000 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 by 11:00 A.M., Monday, October 25, 2021, at the Auctioneer’s office.

Online Auction Bidders – a $30,000 deposit, payable by cashier’s check or wire, will be required of all online bidders by 12:00 Noon on Thursday, October 21, 2021. 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. 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.

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