5721-25 Main Street, Elkridge, MD 21075

Property Description

List price to be opening bid at online only auction. Registration and bidding begins Thursday, November 24th and ends on Tuesday, November 29th, 2022 @ 11:00 am. BY ORDER OF THE UNITED STATES BANKRUPTCY COURT IN THE MATTER OF TIDEWATER REALTY INVESTORS LLC, CASE NO. 21-13991 NVA. Location: Elkridge is a long established area in eastern Howard County bordering Baltimore and Anne Arundel Counties. It sits at the intersection of I-95 and Route 100. It is predominantly residential in nature with a mix of commercial, industrial and residential uses bordering Washington Boulevard (Route 1). The area is especially desirable because of its easy access to Columbia, Washington, DC, Baltimore and other points. Property Description: The property sits at the southwest corner of Main Street and Furnace Ave. The combined land area is 0.47 acre. 5721 is a 0.139 acre site and 5725 is a 0.331 acre site. The property is improved by three 2 1/2-Story attached buildings used for residential and commercial. The buildings were constructed approx. 200 years ago and are referred to as Pocock's Store. The first level is mainly unfinished. The upper levels are used as apartments. One of the updated residential apartments was recently leased for $1,000 per month on a month-to-month basis. In the rear of the property is a warehouse/garage comprising approx. 3,200 sq. ft. of building area. There is ample on-site parking. The property is located in a B-1 Business Zone. The Howard County Zoning Regulations describes the District as follows: "The B-1 District is established to provide areas of local business that can directly serve the general public with retail sales and services." The Regulations list approximately 55 permitted uses.