REAL ESTATE AUCTION Featuring Live & Simulcast Online Bidding $175,000 Opening Bid DUNDALK AREA – Harbor View – BRICK CORNER BUILDING ARRANGED FOR 8 APARTMENTS Gutted & Framed ? 0.14± Acre ? 3,704 Sq. Ft. GBA Zoned RO – Residential Office Commercial, Residential or Special Purpose Development Opportunity Sale On Premises: 539-549 45th STREET Corner Fait Avenue Baltimore County, Maryland 21224 Online Bidding Opens TUESDAY, JULY 15, 2025 Live Onsite Auction Begins THURSDAY, JULY 17, 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: 539-549 45th Street is a one and two story brick building arranged as apartment units, in the Dundalk area of Baltimore County. The property was previously used as 7 apartment units and one residential/office unit, and has been gutted, partially framed with some new wiring. The property has been vacant for a few years. Within just a few blocks of both Eastern Avenue and I-95, the location is among the most convenient in the area. The auction provides an opportunity to purchase a building with potential for residential, commercial or mixed-use development. LOCATION: The property is located in the Harbor View neighborhood in Baltimore County. The neighborhood sits a short distance south of Eastwood, west of Eastpoint and northwest of Dundalk. The Baltimore City line is approximately one block west. Situated just one block south of Eastern Avenue (MD-150), two blocks from I-95 and 2 miles from the Baltimore Beltway (I-695), the location provides excellent access to retail shopping, dining and major employers. Johns Hopkins Bayview campus is within 2 miles, Seagirt and Dundalk Marine Terminals are each approximately 2 miles south, and the surrounding Holabird Industrial area (Amazon and other major logistics facilities) is also less than 2 miles south. Surrounding properties are comprised of a mix of single family residential, small commercial and mixed-use buildings. For more information about the area, please visit: Baltimore County Government – www.baltimorecountymd.gov My Neighborhood – bcgis.baltimorecountymd.gov SITE: Lot size – 0.143 acre, more or less Comprising lot numbers 881 and 882 on the Plat of Harbor View recorded in the Baltimore County Land Records at Plat Book WPC 5, folio 80. 125' front along 45th Street and 50' deep along Fait Avenue. Curb cut on 45th Street and short driveway to a fenced side yard and garage. Potential off street parking for 2+ vehicles. All public utilities. Plat GIS Map ZONING: RO – Residential Office According to the Baltimore County Citizen’s Guide to Zoning: The RO district is intended “ To accommodate houses converted to office buildings and small Class B office buildings in predominantly residential areas on sites that, because of adjacent commercial activity, heavy commercial traffic, or other similar factors, can no longer reasonably be restricted to uses allowable in moderate-density residential zones.” Typical uses permitted by right include those permitted by right in a DR 5.5 and class A office building. Uses permitted by special exception include those permitted by special exception in DR 5.5 and Class B office buildings. Typical Uses Permitted by Right in DR 5.5 residential districts include “single family, semi-detached, and duplex allowed; single family attached and multifamily with compatibility finding.” Uses permitted by special exception include “Convalescent homes, community buildings, Class B (up to 40 children) group child care, assisted living facilities” and others. For more information about zoning, please visit: Zoning Review – www.baltimorecountymd.gov IMPROVEMENTS: One and two story brick building with garage – constructed in 1938 and containing 3,704 square feet of gross building area above grade, according to public tax records, plus additional basement space (approx 3,000 sq. ft.). The building was originally arranged for 7 apartment units and an office/residence combination at the corner. Currently arranged for 6 dwelling units, including a two story unit, and an office/residence combination at the corner. Exterior features include brick construction, torch down roof, separate exterior entrances, fire escape, deck with sliders, mixed windows and roll-up door to garage. The building has been gutted, is newly framed in several sections with some new electrical work and plumbing. There are 6 existing electric meters with panel space for 2 additional meters. There are 8 existing gas meters. TITLE: In fee simple; sold free and clear of all liens. TAXES: Current annual real estate taxes are $3,625.70, including bay restoration, sewer service and distribution fees, based on a full value tax assessment of $212,300. SUMMARY TERMS OF SALE: Please see the contract of sale for complete terms. Live Auction Bidders – a $20,000 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 with 24 hours at the Auctioneer’s office (wire or cashier’s check). Online Auction Bidders – a $20,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. 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 4:00 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. Full terms of sale available from listing broker. Summary can be found on attached flyer.