WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
OUTSTANDING! GREAT OPPORTUNITY!
REAL ESTATE AUCTION
LIVE AND ON-LINE WITH BidSpotter.com
407.73 ACRES, 4 Parcels
GREENFIELD & SCOTT TOWNSHIPS
(Right Off Interstate 81, Exits 202 & Exit 201(East Side)
LACKAWANNA COUNTY, PENNSYLVANIA.
SATURDAY MAY 5TH @ 11:00 A.M.
Properties include:
Parcel 1. 188.50 ACRES, Corner of I-81, Rte 107, Still Meadow Rd.
Zoned: Industrial
Parcel 2. 74.892 ACRES, Still Meadow Rd..
Zoned: Commercial & Residential Agriculture
Parcel 3. 74.892 ACRES, Still Meadow Rd and Rte 107
Zoned: Commercial & Residential Agriculture
Parcel 4. 69.087 ACRES, Montdale Rd. (Rte 438), Joe Lick Rd., & I-81
Zoned: Industrial Development
ALL PROPERTIES COME WITH MINERAL RIGHTS!
Road frontages:
P1. Still Meadow Rd - 3,348.85 LF / Rt 107 - 2,236.55 LF
P2. Still Meadow Rd - 1,567.04 (LF is correct)
P3. Still Meadow Rd - 1,781.81 LF / Rt 107 - 2,648.60 LF
P4. (64.566 ac) Montdale Rd - 1,257.21 LF / Joe Lick Rd (East Side Rd) - 1,986.70 LF
P4. (4.521 ac) Montdale Rd - 814.32 LF / Joe Lick Rd (West Side Rd) - 1,880.19
Auction Site to be Determined! More Details to Follow!!!
Public Utilities: Electric
Order of Sale:
First, to Offer Lot No. 1
Second, to Offer Lot No. 2
Third, to Offer Lot No. 3
Fourth, to Offer Lot No. 4
Fifth, to offer any combinations of Lot No. 1, Lot No.2, Lot No. 3 and Lot No. 4.Together.
However the starting bid for any combination, has to be Ten percent (10%) higher than the Combined Bids.
Whichever generates the most value is how it should be sold, Subject to Approval of a Well Motivated Seller
TERMS & CONDITIONS. ON LINE BIDDERS ARE REQUIRED TO PAY A 4% BUYERS PREMIUM!
A Non-Refundable deposit of Fifteen Percent (15%) by the successful and highest Bidder(s) at the time of sale. Balance to be paid upon closing! Closing to be within Forty Five (45) days. Time being of the Essence. Possession to be delivered at time of closing. Taxes and other carrying charges shall be adjusted at the time of closing. Closing costs to be divided accordingly. Title shall be good and marketable. Free and clear of all leans and encumbrances.
DISCLAIMER: All information in this brochure was derived from reliable sources, believed to be correct, but not guaranteed! Bidders shall rely entirely on their own information, judgment & inspection. All announcements from the Auction Block will take precedence over any previously printed matter or oral statements made! NO warranties expressed or implied. This brochure is only a guide. Inventory May vary. Everything sold “As is & Where is”.
Auction Site: 111 Ponds Winery, 26 Franklin Valley Rd.
Dalton, Pa, Just off Rte 438 West side of I-81.
Hire The Commercial, Industrial & Real Estate Auctioneers!
Col. Steve Sitar & Co.
P.O. Box 779 Waverly, Pa 18471
PH: (570) 586-1397
www.auctionzip.com ID#4989
Auctioneers: Col. Steve Sitar. Pa.AU2124-L. Col. Dan Naylor. Pa.AU3054-L.
