#1 • 422 York Road
Part of 422 York Road (timed auction by A.J. Billig & Co. Auctioneers)
Location: Towson, MD
Starting at $300,000.00
Status: Available
Live bidding starts Jan 14, 2027 11:00 AM EST
REAL ESTATE AUCTION Featuring Live Onsite & Simulcast Online Bidding – Opening Bid: $300,000 – TOWSON MIXED-USE BUILDING WITH DETACHED GARAGE – Zoned BM–DT – Known As 422 YORK ROAD High-Visibility Downtown Towson Location Towson, Baltimore County, MD 21204 Online Bidding Opens TUESDAY, JANUARY 12, 2027 Live Onsite Auction THURSDAY, JANUARY 14, 2027 AT 11:00 A.M. NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property. GENERAL INFORMATION: An excellent opportunity to purchase a highly visible mixed-use property on York Road in the heart of downtown Towson, the County seat of Baltimore County. Positioned on the east side of York Road just south of Pennsylvania Avenue, the property offers street-front exposure to approximately 20,000 vehicles per day and steady pedestrian traffic, and sits within a block of the Baltimore County Government complex and a short distance from Towson University. The two-story main building offers ground floor retail/office space along with the potential to use the second floor as an apartment, while a large detached garage of approximately 951 square feet provides space for an owner’s own use or a separate tenancy. The auction provides an opportunity for both users and investors to acquire a well-located downtown Towson property with flexible occupancy and income options. LOCATION: Towson is the County seat of Baltimore County and one of the region’s primary governmental, educational and commercial centers, located a short distance north of Baltimore City and inside the Baltimore Beltway (I-695). 422 York Road sits on the main north-south corridor through downtown Towson, where York Road carries 19,731 vehicles per day (AADT) past the property’s storefront, according to MDOT statistics. The surrounding blocks are among the most walkable in the region, with a Walk Score of 98, giving the property constant exposure to both drivers and pedestrians. The property is within easy walking distance of two of the area’s largest institutions. The Baltimore County Government complex – including the Historic Courthouse at 400 Washington Avenue, home to the Office of the County Executive and numerous County departments, the County Courts Building at 401 Bosley Avenue, and the Jefferson Building at 105 West Chesapeake Avenue – lies approximately one block west, generating a large weekday population of County employees, attorneys, court visitors and residents conducting County business. Towson University, one of Maryland’s largest public universities with a total Fall 2025 enrollment of 19,677 students, is located less than one mile south along York Road, supplying a deep base of students, faculty, staff and campus visitors, as well as ongoing demand for housing close to campus. Towson Town Center, Towson Commons and the dining and entertainment uses of the downtown core round out a location suited to retail, service, office and residential uses alike. For more information about the area, please visit: Towson University – www.towson.edu Baltimore County Government – www.baltimorecountymd.gov SITE: Lot size: 0.086 acre (3,750 square feet), more or less, according to public tax records Located on the east side of York Road, approximately 100’ south of Pennsylvania Avenue Approximately 25’ of frontage along York Road 19,731 vehicles per day (AADT) along York Road Rear access to detached garage Fenced parking area for 2-3 vehicles Public water and sewer Site Drawing GIS Map ZONING: Zoned BM-DT – Business, Major with Downtown Towson District (Baltimore County) The B.M. (Business, Major) Zone permits a broad range of retail, service, office and other commercial uses, and the DT Downtown Towson District overlay “identifies Towson as the urban center of Baltimore County and lists policies and actions that foster the redevelopment of Towson into a premier, walkable, mixed-use hub of activity” For more information about Baltimore County Zoning, please visit: Baltimore County Zoning Review – www.baltimorecountymd.gov IMPROVEMENTS: Two-story building with partial basement – according to public tax records was originally constructed in 1920 and contains 3,124 square feet of above grade finished area, plus 334 square feet of unfinished below grade area. The property consists of approximately 1,041 square feet on the first floor, 1,037 square feet on the second floor and a 951 square foot detached garage with roll-up door. Features Include: First floor retail/office space with large storefront windows facing York Road Second floor – approximately 1,037 square feet with potential for use as an apartment Partial basement – approximately 334 square feet Large detached garage – approximately 951 square feet, suitable for an owner/user or separate tenancy Additional features include forced air heat, central air conditioning, separate panel boxes. The attached drawings show existing and proposed renovation drawings along with renderings of the proposed renovation TITLE: In fee simple; sold free and clear of all liens. TAXES: Published annual real estate taxes are $4,658 based on a full value tax assessment of $384,300. SUMMARY TERMS OF SALE: Please see the contract of sale for complete terms. Live Auction Bidders – A $40,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 11:00 A.M. on FRIDAY, JANUARY 15, 2027 (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided). Online Auction Bidders – A $40,000 deposit, payable by cashier’s check or wire transfer, is due from all online bidders prior to bidding platform approval. That deposit to be applied to the purchase price for the purchaser, and all other deposits returned within 1 business day. Deposit to be increased to 10% of the purchase price by the purchaser by 11:00 A.M. on FRIDAY, JANUARY 15, 2027. If you are unable to comply with the timeline, please do not bid. Deposit Escrow Agreement Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the additional deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in “AS IS, WHERE IS” condition, subject to easements, agreements, restrictions or covenants of record affecting same, and any Baltimore County notices or violations, if any. Purchaser assumes the risk of loss from the date of contract forward. If the Seller is unable to convey good and marketable title, the purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser, except where otherwise mandated by local, State or Federal law. Time is of the essence. A 6% buyers premium will be added to the high bid and becomes part of the contract price. Auction Registration Agent/Broker Registration Showing and Inspection The property will be open 1 hour prior to the live onsite auction and will be available to view prior to the day of the auction. Please check back for more info.