“PRIME LOCATION @ Rt. 38 & Rt. 90 Intersection” ABSOLUTE COMMERCIAL REAL ESTATE AUCTION!
UNDER CONTRACT: Due to vital circumstances, a pre-auction offer has been accepted by the Seller. The property is currently SOLD. We apologize for any inconvenience.
REQUEST BIDDER PACKET
“PRIME LOCATION @ Rt. 38 & Rt. 90 Intersection”
ABSOLUTE COMMERCIAL REAL ESTATE AUCTION!
868 Main St. Locke, NY 13092
For Rose’s Corners LLC
NO MINIMUMS * NO RESERVES
SELLS TURN KEY w/ EQUIPMENT * LOCK- STOCK & BARREL!
Directions: Located at the center of Locke, NY @ the Rt. 38 & Rt. 90 Intersection. Signs Posted.
Real Estate Open House: 1 hour before auction or by appointment. Signs posted. Call Steve @ 607.423.3293.
Real Estate: A structurally sound totally remodeled 1,468 gross floor area commercial property located in Locke, NY w/ NO ZONING LAWS. Currently leased out to “The Burger Shack”. Potential to be numerous businesses with a prime location at Rt. 38 & Rt. 90 intersection with very high daily average traffic count. Possibilities to run more than one business at once. Located on a 131.4’ x 37’ x 91.2’ x 76.3’ x 108.6’ (.28 ACRE) w/ 260’ of Road Frontage. Sells with current lease until the end of June.
A possible franchise business location some possibilities may include: Sub shop; pizza; coffee/ donuts; ice cream; dairy sales; cheese shop; BBQ; fish fry; sales business; salon; professional office space; auto detailing; day care; laundry; re-sale; sales business; furniture; bakery; meat sales; clothing/ apparel; antiques; computers; electronics; beer/ wine/ cider sales; sign shop; catering; pet grooming; vet; healthcare; music shop and much, much more including your own niche market nobody has thought of! NOTE: A change of use may require a building permit.
EQUIPMENT: Sells with the property restaurant equipment to include: PYRO-CHEM Ansul System Model EN-MCU3 100% SS w/ fans & hoods (paid 60K installed 4 yrs. ago!); Also, restaurant equipment sells with the real estate to be announced at the auction. Some equipment belongs to the Leasee and is not included. All inspected & 100% up and running.
5 years ago property was totally gutted and redone: Sells with new roof; new siding; new plumbing; new insulation; new 200 amp electric service w/ new wiring; new windows; new counters; newer Nat. Gas Big Maxx Mr. heater; NO UNDERGROUND TANKS; Nat. Gas & Elec. utilities; recent survey available; public water and 1,000 gallon septic (inspected).
AN EXCELLENT COMMERCIAL LOCATION W/ HUGE DAILY TRAFFIC COUNT
Nicely Located 3.5 miles to Moravia; 5 to Genoa; 6 to Groton, 13 to Homer/ Cortland; 20 to Ithaca/ Auburn, NY & SELLS AT ABSOLUTE AUCTION TO THE HIGHEST BIDDER REGARDLESS OF PRICE!
Tax map #: (231.17-2-35) built 1964, w/ 1,468 +/- total Gross Floor Area, 1,868 total SQFT; assessed @ $80,000, 2020 full market value $80,000, property class= 486- mini-mart, Moravia Central Schools. Town of Locke, 2020/21 taxes paid by seller: School: $1,161.33 County/Town: $906.68. TOTAL $2,068. The Property is currently OPERATING.
Standard Real Estate Auction Terms: 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 45 days. SELLS ABSOLUTE to the highest bidder regardless of price! Time is of the essence. Warranty Deed. Property sells “As Is, Where Is”. 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. Phone bids accepted if needed. Masks required.
SDZ Auctions Note: An outstanding opportunity to buy in Locke, NY! INVEST IN REAL ESTATE! Come and bid your price the AUCTION WAY! Locke, NY auction, Cayuga county, NY auctioneers, Restaurant for sale, Cayuga County real estate auctions, Cayuga county auctions, Cayuga county auctioneers, NY state auctioneers, Finger lakes region, NY auctioneers, Locke, NY commercial real estate auction, Locke, NY commercial real estate auctioneers, Cayuga county estate auctioneers.
SDZ Auction Co. is a full service real estate auction company serving all of NY & North East PA.
ANOTHER AUCTION SALE MANAGED BY…………..
SDZ Auctions
Steven D. Zogg Real Estate
Auction & Cattle Co.
1264 State Route 392
Cortland, NY 13045
Office: 607.423.3293
www.SDZauctions.com “A COMPLETE AUCTION SERVICE”
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