List price to be opening bid. Online Auction Only! Bidding begins Friday, November 27th & ends Tuesday, December 2, 2020 @ 12:00pm. Estate Auction: Mixed Use Corner Building With a Commercial Unit, 2 Apartments, 3 Storage Units in "Libertytown", Approx. $40,200 in annual scheduled rent. The property is located at the northwest corner of Main St (Rt 26) and Woodsboro Rd (Route 550). It has 50' frontage on Main St and 300' frontage on Woodsboro Rd. The total land area is 15,000 sq. ft (0.34 acre). It was substantially renovated in 2009. The property is believed to be zoned VC, Village Center. Consult with Frederick County zoning for potential uses. The Zoning Use Table is in the documents section of this web site. Improved by a 7,170 +/- SF mixed use building. Units are separately metered. The property is on well and public sewer. The property is currently rented for $3,350/month for an annual scheduled rental of $40,200, not including the vacant storefront. The Main level consists of a vacant storefront consisting of approx. 1,440 +/- SF with a large open room, 2 entrances and restroom. The market rental is approx. $1,200/month or $14,400 annually. It has gas propane heat and central air conditioning. One Residential unit is on two levels and contains a living room, dining room, kitchen, 3 bedrooms and 1 and a half bathrooms. It has oil heat and central air conditioning. It is currently rented for $1,150. The second apartment located on the upper level contains a living room, kitchen, 2 bedrooms and 1 bath. It has electric baseboard heat and window units for air conditioning. It is currently rented for $1,100/month.
There are 3 storage units. First unit is approx. 700 sq. ft. and rented for $230/month. Second unit is approx. 1,200 sq. ft and rented for $440/month. Third unit is approx. 1,000 sq. ft and rented for $430/month. The lower level is dug out and unfinished.