Auction Description
Commercial Real Estate Auction
11AM Saturday, February 27, 2021
462 Front Street, Hellertown, PA 18055
(real estate only)
Open House Preview: 10AM-12PM Sat, Feb. 20th and 1 hour prior to Auction.
Opening Bid Only $125,000… Guaranteed SOLD at or above the opening bid.
Free Standing Commercial use property located adjacent to the Rail Trail!
Currently fitted out with 2 private offices, conference room, large open work area, half bathroom and one of the private offices is equipped with shower and utility sink. Gas heat with additional electric baseboard heaters as well as a mini split ductless heat/ac unit. Trex deck covered rear porch with ceiling fan. Large back yard. The space features french doors, recessed lighting, wired speakers for surround sound music, washer/dryer hook up and 2 additional outside storage areas. Building has been used a photo studio and office space. Check with Hellertown Borough for all approved uses and process for approvals.
The property is currently rented for $1,600 per month. Current lease expires April 30, 2021 and current tenant in good standing do not intend to stay past the end of the lease expiration.
NOTE: This property was purchased in 2018 for $157,500 and over 30k was invested in updates. This is a great property. Be sure to join us at the open house & auction!
Conveniently located close to I-78 as well as Rails to Trails.
Hellertown Borough, taxes $2,142.23, lot size 47 x 149, gas heat.
Auction Day Phone # 610-428-7075.
Summary of Terms & Conditions: 10% deposit, settlement on or before May 1, 2021. Guaranteed good clean title to buyer at settlement. A copy of the complete terms will be available at the open house or contact us to receive a copy via email. Four (4%) Buyer’s Premium will be added to the winning bid to become the contract selling price.
LEGAL NOTICE AND DISCLAIMER: The information used for advertising may not be accurate. Measurements, figures and drawings are approximate. You should independently verify the information regarding the real estate that interests you. Neither the Seller nor Tom Hall Auctions, Inc. shall be responsible for any errors, misinformation, misprints or other mistakes. This information is subject to change without notice.
The parcel map is for reference purposes only. Parcel lines are NOT meant to be used for engineering or line dispute purposes.
Tom Hall Auctions, Inc. (AU-1734) 610-799-0808
