WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Flexible Commercial Space - Offering approximately 2,134 SF featuring a functional upper level with a kitchenette, restrooms, office and storage, plus a below-grade level offering generous storage capacity, office and additional restrooms — ideal for a wide range of business operations with room to Expand – Located in the Heart of Downtown.
Unique Value-Add Infrastructure - Including two large walk-in safes and a dedicated safety deposit box area, offering rare built-in security assets that command premium appeal for high-value retail tenants. Potential medical cannabis distribution site.
High-Visibility Corner Lot - Situated on a ±0.21-acre parcel along Merchant Street in a thriving downtown corridor, complete with two drive-thru lanes — a standout feature that significantly broadens tenant demand and supports businesses requiring convenient customer access.
Retail Trade Area - Surrounded by a diverse mix of retail stores and restaurants with strong community patronage, providing built-in foot traffic and a proven consumer base for incoming tenants.
Favorable Zoning - Currently zoned C (Commercial District) which permits a broad spectrum of uses including retail, professional offices, restaurants, cafés, storage, and radio broadcasting — maximizing leasing flexibility and long-term repositioning potential for investors.
Regional Lender Orders Immediate Sale of Multiple Surplus Assets!
Multiple Locations for Auction in WV, KY, PA & OH - Call Today for the List of Branches & Surplus Asset Properties!
Free & Clear Title Guaranteed – Title Insurance Available!
Tranzon Alderfer, Sanford L. Alderfer, PA Auctioneer/Broker #AY000115L
10% Buyers Premium based on the high bid.
Property Preview: May 6th at 12:00pm ET.
Online bidding ends May 12th at 12:00pm ET
Contact Michael Foster at 716-507-9009 or mfoster@tranzon.com
