CLICK @ BID ONLINE INTERNET AUCTION, ONLY!
ABSOLUTE COMMERCIAL REAL ESTATE & BUSINESS AUCTION
Please note, there is a final extension to the bidding to MONDAY APRIL 17TH.
Unfortunately there was a criminal beak-in to the restaurant, and screen. There was extensive criminal damage to the restrooms and other areas. You may call for an appointment to view, or we will provide a link to a video.
The seller has issued a $10,000.00 reward for information leading to the arrest and conviction of the parties responsible.
FINAL BIDDING EXTENSION! SOLD TO THE HIGHEST BIDDER ON APRIL 17!!
Properties originally on the market for over $1 Million (total R.E. Lots)
PRIME COMMERCIAL HISTORICAL BUSINESS PROPERTY
THREE SUPER PRIME RTE. #18 PROPERTIES
APPROX. 25 TOTAL ACRES
3706 N. Hermitage Rd., Transfer, PA 16154
Located Between Hermitage & Greenville PA
Bid Now!! Be Open and Ready in the Spring for Drive In, Flea Market, Fun Center, Many Other Uses.
Lot #1: SUPER PRIME RTE. #18 PROPERTY!!! Reynolds Drive-In & Entertainment Center. Renovated Drive-In Theater, Approx. 11 acres / Reynolds Drive-In is 75% thick stone base. Front professionally completed in 1998, thick stone base, topped with gravel. Cost of $100,000. Rear done at original building and updated through the years. Would be a perfect location for a business to support the gas & oil industry, RV park, equipment yard, etc. Renovations in 2000 over $350,000.00. Originally on the market for $695,000.00. Turn key ready for movies, flea market, RV or other type of park, outdoor business, commercial development, over 20,000 car count daily. LOW taxes!
Lot #4: Approx. 9 Super Prime Commercial Acres. Adjoining North of Reynolds Drive-In. View website. Originally on the market for $299,000.00.
Lot #5: Approx. 4.5 Super Prime Commercial Acres. Adjoining South of Reynolds Drive-In and North of Reynolds Plaza. View website. Originally on the market for $249,000.000.
Lot #6: Combination of Lot #1 / Lot #4 / Lot #5 in the entirety. In the event the bidding exceeds Lot # 1 / Lot #4 / Lot #5 totally, those bids are canceled, and Lot #6 is in the lead bid!
Terms & Conditions: Lot 1 / 4 / 5 / 6: Property Sold AS-IS. 10% Deposit of final bid, auction day. 15% Buyer’s premium added to final bid, auction day. Balance at closing. Guaranteed clear deed (title) by seller. All information has been provided by seller. It is the sole responsibility for buyer to perform any and all due diligence, prior to bidding. Bidders / Buyers understand and agree to the terms and conditions, prior to bidding. Bidders / Buyers agree to "hold harmless" Loomis Auctioneers and Seller of any, and all liability, whatsoever. Need financing? Contact Loomis Auctioneers for more info.
GUARANTEED CLEAR TITLE AT CLOSING AND POINT OF SALE. TERMS: 10% DOWN PAYMENT / 15% BUYERS PREMIUM DUE END OF AUCTION. BALANCE OF MONIES (90%) DUE AT CLOSING.