Bill's Lighthouse Inn in South Baltimore to be auctioned off
Bill's Lighthouse Inn, a South Baltimore bar and restaurant for 30 years, will be auctioned December 8.
Owner Adele Wedemeyer wouldn't say what the asking price is. But the property was previously listed on Craigslist for $775,000.
Up for auction are the four buildings that comprise 1741 Light St., the bar's liquor license, and the bar/restaurant's equipment and furniture.
The bar, which William Wedemeyer opened in 1980, is "more known for its food than its drinks," in particular the Lighthouse club sandwiches, Adele said.
She's been trying to sell the property for the last year, since William died.
She listed the property with Alex Cooper Real Estate Services three months ago.
Bill's includes a bar, a seated area, two public restrooms, and a commercial kitchen. The rest of the real estate is made up of a second-floor, two-bedroom apartment and two empty buildings that require renovation.
A $30,000 deposit is due at the time of sale, according to the listing at Alex Cooper. (Within three days of purchase, the buyer is required to bring the deposit up to 10% of the asking price.)
The auction will take place December 8 at 11 a.m at Bill's. (Thanks to reader locust point man for noticing the auction sign)