BANK OWNED AUCTION! 7+ Acres of Commercial Land in Salisbury, MD on July 31 11 AM. This 7+ acre commercial site is centrally located in the City of Salisbury. Previously approved for 108 age-restricted multi-family units, some site work has been done. This plan was complimented by the property location being near the regional hospital, a complex with skilled nursing, medical and rehabilitative care services and various other professional offices. Public water and sewer, electricity, some curbs and a partially completed storm-water management system are believed to be on site. Zoned LB1, light business & institutional, by right land uses include apartments, banks, professional offices, medical care facilities, churches/other religious buildings and more. Please be sure to download the Property Information Package by clicking on the words under “Documents to download” at the upper right of the screen. By downloading this package you will alert to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction. FX7192-14.
Terms & Conditions: Buyers Premium:N/A
Closing: 30-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: 10% deposit with a minimum deposit of in guaranteed funds.
Broker Co-op: 1.5% of the high bid will be paid to a properly registered broker at settlement.