Absolute Auction of Former Bank Branch in Egg Harbor, NJ

Absolute Auction of Former Bank Branch in Egg Harbor, NJ

2,341± SF Footprint Former Bank Branch Built in 1975 Sale Manager: Robert Dann 888-299-1438, or rdann@maxspann.com
  Auction Location
Sold for $168,000

 

Sold for $168,000

158 Philadelphia Ave, Egg Harbor (Atlantic County) NJ 08215
Selling Onsite with Live & Webcast Bidding
Thursday, August 27th at 1:00PM ET
Inspection: Thursday, August 20th at 12 Noon - 2:00PM
Sale Manager: Robert Dann 888-299-1438, or rdann@maxspann.com
Property Description: Two story masonry former bank branch with 2,341± SF footprint and basement built in 1975. The site includes 3 drive-thru lanes on 2 tracts totaling 0.34± acres zoned RC with 100’ of Philadelphia Avenue frontage and 150’ of Arago Street frontage. There are 24 parking spaces; 2012 taxes were approximately $14,000.
A January 2013 ESA revealed no evidence of onsite RECs in connection with the Site, but since off site RECs were found, a March 27, 2013 Phase II ESA was commissioned and recommended no further assessment.
 
Terms: Bank Proof of Funds Required to Bid, 5% Buyers Premium added to winning bid to determine sale price, 10% Earnest Money Deposit, 1% Broker Co-Op, close in 45 days.
 
 
 
Julian E Howell, III
Auctions conducted in cooperation and conjunction with:
Max Spann Real Estate & Auction Company, NJ Auctioneer & Broker
 
 
 
Also Available:
 
KANSAS: 300 N Kansas Ave, Liberal      Tuesday, Aug 25th at 11:00AM CT
ILLINOIS: 401 N Seymour, Mundelein      Wednesday, Aug 26th at 10:00AM CT
PENNSYLVANIA: 3799 Clarenden Ave, Philadelphia      Thursday, Aug 27th at 10:00AM ET
CONNECTICUT: 701 Blue Hills Ave, Hartford      Friday, Aug 28th at 2:00PM ET
S. CAROLINA: 213 S Main St, Darlington      Friday, Sept 4th at 2:00PM ET
FLORIDA: US 1, Mile Marker 30.5, Big Pine Key        Friday, Sept 11th at 11:00AM ET