BUYER DEFAULT AUCTION! - Mixed Use Real Estate Auction - Apartments and Store Front

BUYER DEFAULT AUCTION!  -  Mixed Use Real Estate Auction - Apartments and Store Front

BUYER DEFAULT AUCTION!

A mixed-use opportunity with apartments and store front up for Public Auction located in Annville's Historic District.  

AUCTION TO BE HELD AT THE ANNVILLE TOWN HALL BUILDING LOCATED AT 36 N. LANCASTER STREET ON AUCTION DAY. 

BUYER DEFAULT AUCTION - ORIGINAL PURCHASER WAS UNABLE TO SETTLE ON THIS PROPERTY.   THEREFORE THE TOWNSHIP IS PUTTING IT BACK UP ON THE AUCTION BLOCK!  

*Property Inspection - Monday, March 20th from 1PM - 3PM.  Please call 717.867.4451 to set up a showing.* 

Address: 25-33 E. Main Street and 35 Rear East Main Street - Annville, PA 17003

  • ID # - 18-2312929-365452
  • Type of Property - Commercial (SEE ZONING ORDINANCE UNDER THE "DOCUMENTS" TAB AND SEARCH UNDER "TOWN CENTER")
  • 0.56 acres 
  • Year Built - 1910 
  • 4-unit apartment building
  • Gross SF (+/-) 24,000 
  • (+/-) 12,000 SF of storage / garage area in rear
  • Exterior - Metal, Wood and Brick  
  • Retail store front building 
  • Public water and public sewer 
  • Taxes approx. $6,900
  • Annville Township - Annville-Cleona School District

2011: Income: $17,026; Expenses: $18,880

2012: Income: $17,150; Expenses: $12,323

2013: Income: $15,800; Expenses: $11,231

2014: Income: $18,925; Expenses: $12,579

2015: Income: $18,950; Expenses: $12,532

 

Located directly across from the Allen Theatre and to the rear is Lebanon Valley College. Perfect location in the Historic District in Downtown Annville.  Endless possibilities. 

AUCTION TO BE HELD AT THE ANNVILLE TOWN HALL BUILDING LOCATED AT 36 N. LANCASTER STREET ON AUCTION DAY. 

Real Estate - A 10% deposit due day of auction.  Balance due in 60 days.  A 10% Buyer's Premium will be added to the final purchase price to be paid by the Buyer(s).  Buyer(s) responsible for 2% PA transfer tax.  Property is being sold AS IS, WHERE IS with No Contingencies.  Property sold for the Annville Economic Development Authority.