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ABSOLUTE AUCTION
No Minimum, No Reserve, Sells Regardless of Price!
COMMERCIAL REAL
ESTATE AUCTION
Online Auction Closes:
Wednesday, January 30, 2019 1:01PM. Property
opens for bidding Monday, January 28 at 10AM.
Property Location:
5109 Route 9W, Balmville, Town of Newburgh, Orange County, NY
Auctioneers Note: Good News! Seller has removed the
reserve. Building now sells at Absolute Auction. No minimum, no
reserve, selling regardless of price! This is a property with great
potential, terrific location with high traffic.
Professional
medical office building with three (3) structures. Strategic property location with easy
access to I-84 and NYS Thruway via Route 9W. Main building is a Modernist style,
four-unit complex with a stone, wood and stucco exterior. Tiled-two story
atrium leads to four office units, two lower level offices approximately
1,000 square feet each, and two second floor offices approximately 1,500
square feet.
Detached 2,500 square feet office with private entrance
off the second parking level.
Additional free standing, 1,092 sq ft two story
garage located behind the main building with storage area on the
second floor.
Built in 1979, rentable building area 8,504 square
feet. Lot size 2.50+/- acres, 17 parking spaces. Municipal water and
sewer. Zoned R1-O. Parcel
ID# 334600-078-000-0003-029.000-0000.
Pre-auction offers are
encouraged.
Property Information Packet
Internet Bidding Packet
Financials
Showing: By appointment, Sunday, January 27 @ 1PM.
Contact
office at 800-243-0061
Opportunity is knocking. Act now! 10%
Buyer’s Premium.
Terms:
$10,000 downpayment, bring up to 10% by 4PM Thursday,
January 31st.
Backup Bidder; Backup Bidder funds released Monday, February 4 once High Bidder is funded. Closing 60 Days. Time is of
Essence.
It's Easy to Bid!
1) Get a Username & Password at AARbids.com
2) Register for the Online Only Auction
3) Complete Internet Bidding Packet and you can participate.
ANNOTATED TERMS
OF AUCTION:
We have been contracted to sell this property at Public Auction. Get
a Username & Password at AARbids.com, register for the Online-only
Auction and bring/mail our ‘Internet Bidding Packet’ containing the
‘Terms and Conditions’ and a $10,000 Guaranteed Funds/Bank check
payable to: Absolute Auctions & Realty, Inc. Mail to: AAR, POB 1739,
Pleasant Valley, NY 12569 – no exceptions, and you can participate.
Credit Card Authorization Form in lieu of $10,000 bank
check/Guaranteed funds available
HERE.
Additional Terms: $10,000 deposit, bring
up to 10% by 4PM Thursday, January 31st including signed
Purchase & Sale Agreement must be at our office in Pleasant Valley
via FedEx/UPS. Closing shall take place on or before March 29,
2019. Time is of the essence. Complete
your due diligence prior to bidding. Deposit will be refunded to unsuccessful bidders.
Title & Liens: Property
is sold with insurable title, free and clear of adverse liens or
encumbrances at closing.
Bidding Notes:
The silent auction website has a “dynamic ending” feature;
if someone “sniper bids” on a lot at the scheduled end of the auction,
the system will extend the bidding clock two minutes to give everyone time to bid again. |
