"Northwest Baltimore - Pimlico Good Neighbors"

FREESTANDING
MIXED-USE BUILDING:
Convenience Store & Fully Updated Apartment
– Formerly Known as “Rogers Market” –
Furniture, Fixtures, & Equipment

Known As:
3201 W. ROGERS AVENUE
Corner of Winner Avenue
Baltimore City, MD 21215

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:
3201 W. Rogers Avenue is located in the Pimlico Good Neighbors neighborhood in northwest Baltimore City. As the neighborhood indicates, the property is directly across the street from Pimlico Race Course, the internationally known home of the Preakness Stakes. The location is also convenient to a number of other major employers, including Sinai Hospital. The location is convenient to the Jones Falls Expressway and a number of public transportation options, including Metro train and bus service. In addition to the race course, nearby properties are comprised of a mix of detached, single family homes and townhomes. A neighborhood park is also one block south along Winner Avenue.

The commercial portion of the property has been known as Rogers Market for decades. The store has been a neighborhood institution, serving sandwiches, convenience store goods, beer, wine and also having been approved with the Maryland Lottery. Over the past year, the property has been substantially updated, with the apartment fully renovated and the storefront cleaned-up and stabilized. The auction provides an excellent opportunity for a new proprietor to operate a neighborhood institution with the option to live on-site, or for an investor to lease the spaces separately or as an entirety.

For more information, please see:
Neighborhoods – livebaltimore.com

SITE:
Corner lot – 0.197 acre, more or less, according to public tax records.

The lot fronts approximately 75′ on Rogers Avenue and 110’7″ on Winner Avenue. Bound in the rear by a 15′ alley.

Plat

Front parking area for 3 vehicles, and rear parking lot for 10+ vehicles. Curb cuts on Rogers Avenue and Winner Avenue.

Fenced side yard

All public utilities

ZONING:
C-1 Commercial, approved for convenience store and one dwelling unit.

According to the TransForm Baltimore Zoning Code, the C-1 zoning includes “commercial clusters or pedestrian-oriented corridors of commercial uses that serve the immediate neighborhood.”

For more information about Baltimore City zoning, please visit:
Zoning – dhcd.baltimorecity.gov

IMPROVEMENTS:
Two story freestanding building – constructed in 1930, containing 2,328 square feet of gross building area above grade and 840 square feet of basement space. The building is arranged for a convenience store across most of the first floor and basement area, and a two level apartment along the balance of the first floor and entire second floor. Recent improvements include: new ductwork and high efficiency HVAC; new electric; new plumbing, new water heater; and, new trim and doors throughout. The apartment is also certified lead free. Further arrangement details below.

The convenience store features a rear loading area, storage spaces, large retail space, prep kitchen and register area. Remaining shelving and equipment, including refrigerators and kitchen equipment will transfer with the sale.

The apartment has been fully updated, and is arranged as follows: kitchen with granite countertops, soft-close cabinets and stainless appliances, powder room with laundry hook-ups and living room with LVT floor, on the first floor; two hall bedrooms, full bath and primary suite with en-suite bath, on the second floor.

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

TAXES:
Published annual real estate taxes are $3,594.28, based on a full value assessment of $152,300.

LIQUOR LICENSE:
The below license is no longer included in the sale. It may be available for transfer or purchase by separate arrangement with the sellers following the auction. No warranty is made with respect to the current status of the license. Transfer would be by agreement between the parties and subject to the approval of the Board of Liquor License Commissioners for Baltimore City as in the case of an original application

Class A (BW) – 6 day beer & wine license. According to the Baltimore City Liquor License Types page, Class A BW consists of “Off Sale package goods – no on-premises consumption – 6 days, 6:00 a.m. – Midnight. No Sunday sales except Sundays between Thanksgiving Day and New Year’s Day upon issuance of a special license for each Sunday.”

For more information, please visit: License Types – llb.baltimorecity.gov

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.

A $15,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser 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, ground rent, 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, 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 Property will be sold subject to Baltimore City violation notices, if any. 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 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.