TRUSTEES' SALE OF VALUABLE IMPROVED COMMERCIAL PROPERTY: STATION 7

AUCTION SALE

Thursday March 12 - 11:00 AM

7456 Gumboro Rd - Pittsville, MD

To be held @ Wicomico County Circuit Court

7456 GUMBORO ROAD, PITTSVILLE, WICOMICO COUNTY, MARYLAND

Under and by virtue of the power and authority contained in a certain Purchase Money Deed of Trust to Wade H. Insley, III and Robert A. Benson, Trustees, dated December 8, 2006, and recorded among the Land Records for Wicomico County, Maryland in Liber M.S.B. 2714, Folio 442, default having occurred under the terms of said Deed of Trust, and at the request of the party secured thereby (as set forth in Case No. 22C15000134 in the Circuit Court for Wicomico County, Maryland) the undersigned Trustees will offer for sale at public auction at the front door of the Courthouse, at 101 North Division Street, Salisbury, Wicomico County, Maryland, on Thursday, March 12, 2015 at 11:00 a.m.
PROPERTY DESCRIPTION:

ALL that lot, tract or parcel of land situate, lying and being in the Town of Pittsville in the Pittsburg Election District of Wicomico County, State of Maryland, and being located on and binding upon the Easterly side of Maryland Rte. 353, and being located on and binding upon the Northerly side of Main Street, and being shown and designated as Lot 1 as set forth on the plat entitled "subdivision of Lands of Joseph Albero" dated February 6, 2006, prepared by Becker Morgan Group, and recorded among the Land Records of Wicomico County, Maryland in Plat Cab. M.S.B. No. 15/165; said Lot 1 containing 17,104 square feet of land, and BEING in all respects a part of the same land conveyed unto Wamphouse, L.L.C., by Deed dated December 8, 2006 and recorded among the Land Records for Wicomico County, Maryland at Liber M.S.B. No. 2714, Folio 438.

IMPROVEMENTS: The above described property is identified as 7456 Gumboro Road and it is believed to be improved by a restaurant in a commercial building containing approximately 3900 square feet. The Trustees and Auctioneer make no representation as to the accuracy of the aforesaid information or compliance with building codes.

More

Publishers Notes: As I'm sure many of you know, I was the former owner of this property. It was announced last week that the property was in fact going up for auction and Mr. Pete Richardson is the Auctioneer. 

For those interested in the property, the Wampler's did an unbelievable job renovating this old Fire House. It was simply a shell of a building when I owned it and the transformation is top shelf. 

The economy these past few years has really taken its toll on many local restaurants, especially those outside the metro core. It will be interesting to see what happens to this location next.