Online Only Lender Owned Auction of Former Restaurants in IL, MN & NY

ILLINOIS

708 Jackson Street, Pana (Christian County) IL 62557

Inspection: Thursday, December 10th  from 10 - 11:30 AM CT

Sale Manager: Gary Niemeier 877-462-7673 or 618-781-3814, auctiongary@gmail.com

Property Description:   2,300±SF single story building on three lots (13,14, and 15, Block 2 of Jordan & Abrell’s addition to Pana) totaling 27,000±SF built in 1989 and formerly operated as a Pizza Hut. There are 36 parking spaces on the site, 2 of which are handicapped.  Approximately 180’ of frontage on Jackson Street and 180’ on East Olive Street.  Zoned C-2 Service Retail District, the property is located at the intersection of US Route 51 & IL Route 29.

Christian County Tax Parcel# 11-25-15-407-012-00

2014 taxes were $8,917.04

A February 23, 2005 ESA revealed no onsite RECs and no recommendation of further investigation in connection with the site.

MINNESOTA

1157 South Main Street, Sauk Centre (Stearns County) MN 56378

Inspection: Monday, December 14th at 4:00 PM CT

Sale Manager: Paul McCartan- 515-320-7600 or 507-346-2440, paul@grafeauction.com

Property Description:   1,450±SF single story building on 36,000±SF lot built in 1979 and formerly operated as a Pizza Hut. There are 28 parking spaces on the site, 1 of which is handicapped. Property has access to State Highway 61.

Stearns County Tax Parcel# 94.58116.0000

2015 taxes were $6,908

An April 2005 ESA revealed no onsite RECs in connection with the site and no recommendation of further investigation, although there is potential for ACMs based on the date of construction.

1211 7th Avenue, Two Harbors (Lake County) MN 55616

Inspection: Tuesday, December 15th at 9:00 AM CT

Sale Manager:  Paul McCartan- 515-320-7600/ 507-346-2440 or paul@grafeauction.com

Property Description:   2,100±SF single story building on 13,000±SF lot (straddling parts of Lots 1, 2, and 3 of Block 1, North Shore addition to Two Harbors), built in 1984 and formerly operated as a Pizza Hut.  There are 15 parking spaces on the site, 1 of which is handicapped.  Zoned B-1 Highway Business District

Lake County Tax Parcels# 23-7648-01032, 23-7648-01015, 23-7648-01025

An April 2005 ESA revealed no onsite RECs in connection with the site and no recommendation of further investigation, although there is potential for ACMs based on the date of construction.

NEW YORK

37 Center Street, Hornell (Steuben County) NY 14843

Inspection: Monday, December 14th at 2:00 PM ET

Sale Manager: David Kent 585-343-5449 or david@williamkentinc.com

Property Description:   3,250±SF single story building on 38,000±SF lot built in 1978 and formerly operated as a Pizza Hut.  There are 63 parking spaces on the site, 4 of which are handicapped.  Zoned B-2 General Business District.  

Steuben County Tax Map ID# 151.80-02-011.200

2015 City Taxes $5,459.34

2015 County Taxes $3,559.10

2015 School Taxes $7,691.43

A December 2006 ESA revealed no onsite RECs in connection with the site and no recommendation of further investigation, although there is potential for ACMs and LBP based on the date of construction.

Terms: $2,500 Deposit Required to Bid, 10% Buyer’s Premium added to winning bid to determine sale price, Greater of 10% or $2,500 EM Deposit, 1% Broker Co-Op, close by Thursday, December 31st, 2015.

Auction Conducted in Cooperation & Conjunction with:

Ahrens & Niemeier Auctioneers, IL License #040000762

Grafe Auction, MN Broker,  RE License# 20596158, Auctioneer License #55-13008

William Kent Inc, NY Broker, Lic #31KE0298344