Absolute AuctionCommercial Lake Erie Waterfront Property

Auction Details

Now Absolute Auction !!!!
BIDDING ENDS AT 5PM EASTERN STANDARD TIME, TODAY!

Commercial Lake Erie
Waterfront Property
ONLINE AUCTION!

UPDATED!
NOW ABSOLUTE AUCTION! SOLD TO THE
HIGHEST BIDDER , REGARDLESS OF PRICE!
Auction company has been advise by the seller
to go absolute auction. Seller has decided to lift the reserve, and sell the property to the highest bidder!
THIS IS AN AMAZING OPPORTUNITY !!
Bid NOW!
Bidding Concludes Mon. Dec. 1st @ 5 PM EST.

12430 E. Lake Road, North East, PA

Originally on the Market for $1.45 Million

Brief Overview:
23,696 Sq. ft. multi use commercial facility on 3.8 acres. 450 ft. of super prime Lake Erie. 4 Story, 18 bedrooms, beautiful 3,500 sq. ft. chapel, main kitchen, 7 bathrooms, 5,500 sq. ft. storage building (attached), offices, foyers, conference room, many additional rooms. Waterfront frontage. On site natural gas well, additional 2 bedroom lake front cottage. Former assisted living home, and monastery. Water treatment system, many newer updates, sprinkler system, emergency generator, self contained water system 8,000 gallons. Additional caretakers or cottage home on the property. LOW TAXES AND UTILITIES!

Great Location: Just minutes from the core shopping and commercial areas of Erie. Minutes from Commodore Downs race track and casino. Located in the heart of wine country, just minutes from over 20 wineries. One mile from major Lake Erie Marina, Mercyhurst College, and the center of downtown North East. Just 20 mins from Peak & Peak Ski Resort (great possible
ski lodge). BEAUTIFUL BEACH FRONT PROPERTY! The only "walk on to the beach " property in the
region!
Seller states the only commercial beach frontage available between Cleveland and Buffalo. A signifintate feature!

Just a Few of the Many Updates: Newer EPA/DEP approved waist water treatment plant (*$80,000) • Newer Water Treatment System (*$50,000) Public Water Source • New commercial standby gas generator, over $15,000.00 • New 700 ft. Shoreline Retaining Wall (*80,000). Many other interior and exterior updates. Beautiful hand crafted church located in the facility, over 100 years old! Like new condition! Some additional updating and roof repair needed.

Highlights! 18 Bedrooms! Many possibilities, hotel, bed & breakfast, lodge, corporate retreat, retail, nursing or assisted living home, college student living, Specialty school, beach destination, sleeping room rentals, more!

• Beautiful shoreline • Very close to interstate (I-90). Main artery between Cleveland, OH & Buffalo, NY. • Magnificent hand made hard chapel, that can be used for many functions! • Additional caretaker’s home rental.

****ON SITE NATURAL GAS WELL ON PROPERTY****

NOW ABSOLUTE AUCTION!!! NOW ABSOLUTE AUCTION!!


Terms: 10 Deposit, 10% buyer's premium due at end of auction, from the high bidder. sold as-is. All information has been provided by the seller, and deemed accurate and reliable. However, Loomis Auctioneers are held "harmless " for any and all property information and claims. Property is sold AS-IS. Buyer assumes all due diligence and inspections. Loomis Auctioneers assumes no liability and is held "harmless" by the buyer and seller for any and all liability, whatsoever.

Clear title 100% clear and free !


CALL FOR INFO 724-528-2550 EXT.214
Bid / View / Info @ loomisauctions.com

Inspection by appointment, only.
Please, only qualified buyers.
See the recent info on loop net, by listing broker, prior to auction listing:

http://www.loopnet.com/Listing/17048719/12430-E-Lake-Road-North-East-PA/

Please note, the owner's business direction has changed, and the want to sell this property
is high. Owner wants to sell!! Do not hesitate to register to bid now! Please do not wait until the last minute to bid ,and loose the
chance to buy.
In the event a bidder bids in the last seconds
to prevent serous bidders from entering another bid, the system one time will extend the bidding time. One time for an additional 15 minutes.

We highly recommend to bid you maximum , or monitor your bidding live in the final days. The system will NOT revile you maximum bid ,unless someone bids against you.
Don't be shut out by a last second bidder.

Any questions email us or call us at 724-528-2550

Now Absolute Auction, Sold To The Highest Bidder, Regardless Of Price!!!

Loomis Auctioneers Inc. have no connections, relationships, or assumes any liability , whatsoever, with any and all previous sales agent(s), brokers, or others, involved in,or attempting to market, or sell this property. All marketing materials, information ,or others, have been provided by the seller , and /or agent. Loomis Auctioneers Inc are "held harmless" and not liable for any
content, intellectual property, claimed buy a third party, in anyway, whatsoever.
Natural water flow access easement rights apply
to property.
Now A

As all auction properties, sold as-is.
We advise you do NOT wait until the final minutes to place your maximum bid. You risk being "shut out" by the time clock or your bid
not accepted in time of the termination time.
Your maximum bid will not be disclosed, unless another bidder bids to or exceeds your bid.

In the event a bidder , bids within 15 minutes of the close, the system will extend the bidding 15 minutes, only one time. This prevents last second bids to cancel out serious bids
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Loomis Group Inc.
Now Absolute Auction !!!! Commercial Lake Erie Waterfront Property ONLINE AUCTION! UPDATED! NOW ABSOLUTE AUCTION! SOLD TO THE HIGHEST BID
Bidding Has Concluded
 
Sold to Rehabnodrug1 for (265,000.00 + 26,500.00BP) = 291,500.00
 
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