Commercial Real Estate & Restaurant Equipment Auction! Wonderful Location off Exit 10 of Interstate-81
3821 NYS RT. 11 Cortland, NY 13045 (Cortland County, T-Cortlandville)
Saturday JULY 13 at 10 AM * Preview Begins at 9 AM
“Owner financing available” * HI TRAFFIC LOCATION
Directions: From Exit 10- I-81 Take NYS RT. 11 North; a stone’s throw to auction on LEFT. Signs posted.
Sale Order: Real Estate and then Complete Equipment Dispersal.
Open House: Tuesday July 9th from 4 – 6 PM & 1 hour prior to auction.
See Photos (Real Estate)
See Photos (Equipment)
See Photos (Farm Machinery and Truck)
Real Estate: Offered with OWNER FINANCING AVAILABLE
Currently used as “Gracie Rachel’s” diner. Situated on .55 acres of Commercial Land with a lot measurement of 176’ x 170’. ZONED COMMERCIAL with 176 ft. of road frontage. Numerous possibilities!
Kullman540 SQFT of useable space. 1960 Kullman Dining Car/ restaurant area and located adjacent to other commercial businesses. Plentiful parking w/ new flooring, all new sub-flooring, updated electric( 220, 110 & 3 phase elec. available), concrete block foundation w/ metal beams, 40 gallon hot water heater, forced air heat, gas furnace, terrazzo floor, ceiling fans, recessed lighting, tiled back splash, kitchen area, cooler area, office area, 14 stools, 5 booths, Men’s and women’s bathrooms and more!
Current opportunity for diner/ restaurant; or tear down and build to suit with town approval.
Tax map #: (87.04-01-15)
Built in 1960
Total Assessed Value at $70,000
Property Class 422-Diner
McGraw School District
2012 Taxes: $2,420 with no exemptions
Sells w/ private well water (public water available), public sewer, good roof. Located in a central business district. Cortland Bulk has a 15’ deeded right away on the east side to access their property.
Standard Real Estate Auction Terms: Negotiable Owner Financing Available to qualified buyer (call for details) 10% Buyer’s Premium added to final bid to equal the Total Purchase Price. 20% down on day of auction, with the remainder due at closing within 60 days. Time is of the essence. Bargain & Sale Deed. Property sells “As Is, Where Is”. All test required must be done prior to auction day. All statements at auction take precedence over printed material. Real estate to be sold free & clear with NO liens, NO back mortgages & NO back taxes owed! Auctioneer agency represent s only the sellers. Lead paint may exist.
Personal Property to be auctioned absolutely, regardless of price, immediately following the sale of the Real Estate for Gracie Rachels Diner to include:
EquipmentTonka 7’x 14’ walk in cooler; Traulsen 4 door cooler; Traulsen 2 drawer 1 door sandwich block; Traulsen 4’ flat gas griddle; 220 deep fryer; Toastmaster warming drawer w/ 4 plate holders; 2 door pie cooler; Fridgidaire freezer; southbend SS gas stove; SS stands; ES 2000 Jackson dish washer; pots/ pans; desk; stands; pizza pans; 4 qt. soup crock; cups; containers; booster seats; SS hotel pans (1/4, 1/16, fulls, halfs); Al baking sheets; baking racks; utensils, plates, cups, shelving, Silverware; salt/ pepper shakers; 2 microwaves; A/C unit and much, much more!
FARM MACH./Misc: 04’ Chevy colorado w/ 208K; JD 936 discbine (runs great); brillion 10’ soil builder; gehl 418 wheel rake; Jd 754 hay tedder; 2 wooden Hay Wagons (good running gears); Kewanee 30’ grain/hay elev; JD skeleton Hay Elev. 70 ft.; NH skeleton Hay Elev. 20 ft. Tandem 7’ X 12’ landscape trailer. Selling for local retiring farmer.
Standard Personal Property Terms: Cash, check, Visa & MasterCard accepted. 13% buyer’s premium w/ 3% fee waived for cash or good check. All items sold “As Is, Where Is”, absolutely, regardless of price! Driver’s license required for bid number. Subject to errors and omissions.
Zogg Brothers Note: An outstanding opportunity to buy a commercial property in a business friendly location JUST OF EXIT -10. INVEST IN REAL ESTATE, you will be glad you did! The time to buy is NOW! Very rare opportunity to set your price! Come and bid your price the AUCTION WAY! Cortland, NY auction, Cortland, NY auctioneers, Cortland, NY area auction, Cortland County real estate auctions, Cortland county auctions, Cortland county auctioneers, NY state auctioneers, Fingerlakes, NY auctioneers, Cortland, NY restaurant equipment auction, Cortland, NY estate auctioneers, Cortland county estate auctioneers, Local Auctions always wanted.
