Foreclosure - Mixed-Use Development Land Kensington, MD

Property Location MAP

Summit Avenue
Kensington, MD 20895

Property #: KEY5171B

Preview Times


At your convenience

Contact Agent

Jeff Stein
Tranzon Key

703-539-8111 Or 888-621-2110 jstein@tranzon.com
Foreclosure - 13,500 sf Mixed Use Development Land in Kensington, MD
  • Zoned Commercial Residential Town
  • Currently configured as a parking lot
 
The Summit properties consist of 2 contiguous lots on the corner of Summit Avenue and Brainard Avenue in Kensington MD. The lots are each approximately 6,750 square feet for a total of 13,500 square feet. The lots are zoned CRT-1.5 C-1.0 R-0.5 H-60. The Commercial Residential Town (CRT) zone is intended for small downtown, mixed-use, pedestrian-oriented centers and edges of larger, more intense downtowns.
 
Retail tenant ground floor footprints are limited to preserve the town center scale. Transit options may include light rail, Metro, and bus. See zoning regulations in the package for additional information. The lots are currently configured as a parking lot.
 
Nearby 32,991 sf mixed use development land also available separately - See Auction KEY5171A
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

Directions:

The property is located along Knowles Avenue at the intersection of Summit Avenue in Kensington, MD.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Jeff Stein

Jeff Stein: Tranzon Key

703-539-8111 jstein@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: None
  • Closing: See Foreclosure Notice
  • Deposit Amount: See Foreclosure Notice
  • Buyer Agent Compensation: 1% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

-

Have a Property To Sell? Request a FREE Property Consultation