Absolute Real Estate Auction
(3) Commercial Buildings On 2 Parcels
Norwich, NY
Auction To Be Held At The Property @ 99 Borden Ave., Norwich, NY. From Rt. 12 Just North Of Hospital, Turn To Borden Ave., Proceed 1/3 Mile To Properties At End Of Street.
(3) Commercial Buildings On 2.6 Acre Parcel & Garage Building On 1 Acre Parcel
Parcels To Be Offered Separately & Together, Whichever Is Greater
Parcel 1: 99 Borden Ave, 2.67 Ac. Parcel In City Of Norwich, Containing 3 Large Comml. Buildings; Front Building Is 130 x 138, Has Open Areas On 1st & 2nd Floor And Area Of Offices; 2nd Building Is 65 x 135 With Several Overhead Doors, Mostly Warehouse / Storage, Does Have Office Area, Good Building, Lots Of Possibilities; Building 3 Is In Rear, 42 x 135 Morton Steel Building, All Finished Approx. Half Is In Storage / Shop Area; Other Half Is Presently Used As Offices, Which Could Be Used As Warehouse; A Super Nice Building; All 3 Buildings Total Approx. 30,000sf; Property Is In A Quiet Location, At End Of Street; A Nice Property With Lots Of Possibilities; Rent, Storage, Businesses, Etc.; Bldgs. 2 & 3 Are Currently Occupied & Are On A Month-To-Month Rental; A Real Opportunity!!;
Parcel 2: 82-88 Borden Ave., 1 Ac. Vacant Parcel, Open w/ 30 x 30 2-Car Garage; A Nice Property, 330 Road Frontage, Lots of Possibilities!!; Parcels Will Be Offered Individually & Together, Whichever Is Greater; Properties Sell Absolutely To The Highest Bidder(s), Regardless Of Price; If Any Tests Are Wanted Or Needed They Must Be Done Prior To Auction; Property Sells As-Is w/ No Contingencies, Be Prepared!;
Open House: Friday, August 1, 2014, 3:30PM-5PM; Day Of Auction, 4:30PM To Auction Start Time;
Terms & Conditions: A 10% Buyers Premium Will Be Added To The Final Bid Price, The Total Becomes The Purchase Price. 15% Down Of Purchase Price Due Day Of Auction In Cash Or Good Check. Balance Due On Closing Within 30 Days, On Passing Of Deed. Properties Sell Subject To No Contingencies, As-Is, Be Prepared To Close In 30 Days;
Parcel 1: 91-99 Borden Ave, 2.67 Ac. Parcel In City Of Norwich, Containing 3 Large Comml. Buildings; Front Building Is 130 x 138, Has Open Areas On 1st & 2nd Floor And Area Of Offices; 2nd Building Is 65 x 135 With Several Overhead Doors, Mostly Warehouse / Storage, Does Have Office Area, Good Building, Lots Of Possibilities; Building 3 Is In Rear, 42 x 135 Morton Steel Building, All Finished Approx. Half Is In Storage / Shop Area; Other Half Is Presently Used As Offices, Which Could Be Used As Warehouse; A Super Nice Building; All 3 Buildings Total Approx. 30,000sf; Property Is In A Quiet Location, At End Of Street; A Nice Property With Lots Of Possibilities; Rent, Storage, Businesses, Etc.; Bldgs. 2 & 3 Are Currently Occupied & Are On A Month-To-Month Rental; A Real Opportunity!!;
Bldg. #1 -
Big - 130' x 138' Bldg
60' x 138' Bldg - 3 Overhead Doors On Front, 68' x 130' - Bldg. (Front Bldg),
Lg Office Area - Upstairs & Warehouse Area; Bldg. #2 -
135' x 65', 3 Overhead Doors On Front, Plus Rear 20' x 30' Addition, 1
Overhead Door On Side w/Nice Office Area!!; Bldg. #3 -
Newest - Morton Bldg. 42' x 135', Lg. Front Door 14'w x 13'h, All Insulated Shop
Area, Lg. Finished Area & Offices In Rear
Parcel 2: 82-88 Borden Ave., 1 Ac. Parcel, Open w/ 30 x 30 2-Car Tan & Steel Sided Garage; A Nice Property, 330 Road Frontage, Lots of Possibilities!!;
AUCTION PROCEDURE:
First Round Properties will be auctioned singularly and the high bids and bidder numbers will be recorded. This is the only time the properties will be offered on an individual basis. Naturally, the higher they are singularly, the less chance of the parcels selling in combination. A good point to remember! At the end of this Round, we will take a minute so that the High Bidders on the 2 Properties may decide whether they want to raise their bids or not, to keep them from selling in combinations.
Entirety: Properties will be offered in its entirety, and this will be done by taking the High Bids of the two properties at the end of Round 1, adding the two prices together, and then adding $2,000 to the total, and at that price, the bidding may open. If the bidding opens, it may continue from there. If the bidding does not open, the High Bidders on the properties individually will be the purchaser(s).
Please dont be confused by the offering of the entirety round. It will be fully explained at the Auction, and any questions will be answered. Note: Dont Be Afraid. Sometimes the Parcels sell in entirety and sometimes singularly. No two Auctions are alike! Get in the place you want to be. Make Sure You Are Satisfied!
Licensed Real Estate Brokers & Auctioneers
Whitney Point, NY
(607) 692-4540 / 1-800-MANASSE
www.manasseauctions.com