On-Site Auction: Commercial Real Estate

Bob & Sallie Connelly will conduct an On-Site Auction of the Commercial Real Estate at 1648 and 1650 Route 11, Castle Creek, NY 13744 on Thursday, August 6, 2009 at 7:00 pm with an Open House on Wednesday, July 22, 2009 from 5:00-7:00 pm and by appointment. (View it on a map.) The properties, which will be sold together as one lot, include two offices, four garage bays, and two apartments in two buildings.

Connelly Realty, Robert "Bob" Connelly Broker and Auctioneer, will sell together in one lot AS IS with a Warranty Deed the 0.54 acre (50' frontage) property at 1648 Rte 11, zoned commercial 439, and the 0.55 acre (105' frontage) property at 1650 Rte 11, zoned multi-residential, 411.

The property at 1648 Rte 11 is improved with a Butler type metal building, 32'8" front X 50' deep, with concrete floor; a 12' X 12' rear addition housing the furnance and an office; and a 8' X 20' rear storage shed. The left bay, with 12' X 14' high 3-window door, has a mechanical frame lift. The right bay, with 16' X 14' high door with automatic opener, is equipped with a hydraulic post lift.

The property at 1650 Rte 11 is improved with a 36' front X 51' deep concrete block building with cement floor; and a storage shed in the rear. The ground floor houses an office, bathroom, furnace, and two automotive bays with 10' wide doors, the left is 8' high, the right 9'. The second floor contains two apartments, with separate utilities, each with two separate entrances and wall-to-wall carpeting in the living rooms and bedrooms. The left-side apartment has tile walls in the living room, a stove and refrigerator in the kitchen, and hook-ups for a washer and dryer in the bathroom.

ROOMS AND DIMENSIONS
	Left-Side Apt	Right-Side Apt
Living Room	15'9" x 14'10"	14'9" x 15'9"
Kitchen	12'6" x 13'7"	14'10" x 12'8"
Bedroom	12'4" x 13'7"	11'11" x 13'5"
Bedroom	9'7" x 13'7"	9'6" x 13'5"
Bathroom	9'5" x 5'	7'5" x 9'

Both main buildings have oil fired forced air furnaces, 110-220 VAC service, and 60-gal piped air compressors (3 and 3.5 HP in 1648 and 1650, respectively).

The opening bid is just $98,000, with 10% down payment due at the close of bidding. Assessor's full value for the two properties is $159,052; estimated annual town, school and county taxes is $3813. The Buyer's Premium is 10%

Additional details, photos, directions and the order of sale are available in the auction brochure [671 KB]. Additional photos in the AuctionZip gallery.