PUBLIC

REAL ESTATE

AUCTION

ONLINE-ONLY 

RESERVE/MINIMUM BID AMOUNT: $54,000 (+BP)

(Prior to auction, property was last listed for sale at $94,900. Yeah, this is an opportunity!)

Online-Only Auction - Bidding ends Saturday, Feb. 24 @ 12 Noon (So, hurry and get your bid in!)

Location: 49 Main Street Johnstown, PA 15909

Public Open House: Sunday, February 18 from 2-4 PM

To schedule a private showing contact Nolan or Bob, click the button below.

PROUDLY WORKING IN

COOPERATION WITH

RE/MAX TEAM, REALTORS

THE BOB COLVIN TEAM

814-262-7653
 

Contact: Nolan Bell (814)691-1601 or nolan@biddynamic.com | Bob Colvin (814) 421-5643 or rcolvin@remax.net 

Guaranteeing a marketable and insurable title free and clear of liens, or the option for your deposit money back!

Property Information:

Quality craftsmanship and historic charm meet modern-day business opportunity. With approximately 12,000+ sq.ft of open floor-plan, the possibilities for this commercial property are endless! It has everything you would ever need including front open window areas, warehouses, prep spaces, an office area, and more. Not to mention clean tin stamped ceilings, intricate woodwork, and chandelier fixtures. Parking is plentiful with a rear lot and street parking available, too. Think restaurant, storefront, event venue -- anything really -- but whatever you're thinking, call us today! 

• Zoning: Commercial
• Gross Building Square Feet: 12,690 +/-
• Stories: 2
• Parking: Paved Lot and Street Parking
• Parking Spaces: 8-10
• Contingency: None
• Loading Docks: 2
• Municipality: East Conemaugh Boro-22
• School District: Conemaugh Valley
• County: Cambria County
• Approx Acres: 0.23
• Lot Size: 47 x 135, 65 x 65
• Approx Gross Taxes: $4,085.00
• Sewer Type: Public Sewer
• Water Sources: Public
• Heating: Forced Air
• Fuel Type: Propane
• Cooling: Multiple AC Units
• Roof Type: Membrane, flat, rubber
• Basement: Full Basement, unfinished

Property offered "AS-IS" with no contingencies, other than the guarantee of a marketable and insurable title at the time of settlement. 

Cash to Seller - (Traditional Financing Accepted as a form of payment at settlement)

Buyers Premium (BP) Applies: 10% or 4,000 whichever is greater will be added to the high bid amount to achieve the purchase price. This is not the deposit amount. This is how the final purchase price is calculated. 

Example: (high bid amount, amount due at closing) 50,000 + 5,000 (buyers premium) = 55,000 (total purchase price)

$5,000 Non-refundable deposit due at signing: The remainder is due at the time of (traditional) closing. 30-50 days to close. 

Real Estate Auction Sales Agreement: High bidder must be available immediately following the auction to complete and execute a no contingincies PA - Real Estate Auction Sales Agreement

Brokers/Agents welcome. Offering 30% of our earned Buyers Premium/Commission! Buyer Broker commission is offered to licensed real estate agents, subject to Dynamic Auction Groups broker participation terms and conditions. Buyer broker commission is a percentage of the earned buyers premium (see above "Buyers Premium terms") paid to any agent who's buyer successfully closes on the property in accordance with Dynamic Auction Groups terms and conditions. Click the button below for details on broker participation terms or to show the property. 

Notice: All bidders must be available to communicate via telephone within the 30 minutes leading up to the auction's end time. Failure to communicate with the auctioneers at their request could result in the decline of you registration and bids.