I was walking down the Downtown Plaza when I heard someone ringing a bell and thought, isn't that cool. The sound brought me to the steps of the old Court House where an Auctioneer was auctioning off property. The one I stood around listening to was a building on Old Ocean City Road that used to be owned by the Telephone Company. It was a brick structure originally but had been converted with siding and so forth. This commercial piece of property sold for $40,000.00 and the new Owner will list the property for resale through Doug Marshall right away for $79,900.00. Not a bad days work, eh?
People should keep their eyes open for such deals because the good ones are still out there to be had. Congratulations to the buyer.
How come you didn't bid more?
ReplyDeleteWill it sell at that price? That's like saying I have baseball card worth $4000... still gotta find someone that will buy it.
ReplyDeleteThat's the biggest crowd I've seen at an auction downtown in a long time.
ReplyDelete-Wayne S.
thats the old phone building in pittsville . not such a bargain! no water or sewer to that building. even if ole denver and the boyz give him a edu it will cost around 20,000 dollars and alot of headaches. 10,000 dollars to the town for impact fee, 5200.00 to wicomico county impact fee plus a tap and meter fee and whatever your contractor charges to connect the water and sewer from the dwelling to the street.
ReplyDelete