More Information
Bidding starts at $50,000! Convenient store, Drive thru, Residential home. Online bidding only!
C-Store: 2,204 SF Convenient Store built in 1935 with drive thru area to one side. Plenty of parking. Heavy traffic along Lexington Ave. (State Route 42). Metal roof. Block exterior, Marquee signage. Corner lot with 2 entrances. 138 feet of frontage.
House: Residential home in need of major renovations. Hole in the roof. Pretty rough but could be great for a rental or primary residence for C-store operator. 2 bed, 1 bath, 2 story with full basement. 1,480 SF with covered front and rear porch.
Lot Size: .377 Acres
Annual Taxes: $ 3,218
Property Map
Basic Terms:
Sells with an opening bid of $50,000. 10% down payment is due by wire, bank transfer, or direct deposit into our JPmorgan Chase trust account or by credit card payment with a 4% surcharge. This amount will become your nonrefundable deposit. Contract signature and deposit must be made by 5 PM the day of Auction. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes.
Closing will take place with the title company of the buyer's choice.
Bid increments are $100 up to a bid amount of $100,000 and become $1,000 after $100,000.
When you place a bid, you can either place the minimum required bid or you may place a "Maximum Bid". If you place a maximum bid and hit the submit button, a box will pop up explaining the process and the software will bid for you in the increments stated above. If someone bids within the final 5 minutes of the Auction, the ending of the Auction will be extended by 5 minutes until all bids have been placed.
Deposit and Closing:
Title company of buyer's choice.
Realtor Participation:
.