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Starting Bid:
$102,500.00

Auction Type: One Lot
Quantity: 1

Bidding has closed on this lot

Starting Bid: $102,500.00

Closed

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Sells at or above $102,500!

Commercial Land  at corner of 29A & 30A
Gloversville, Fulton County, NY
2 adjacent parcels of land selling "as one"
Online Auction Ending Wednesday, April 5 @ 1:01PM

 Municipality determined fair market value $136,800 now selling at, or above, $102,500!

Perfect commercial development opportunity! Together 0.40+/- acres. Lots located at intersection of NYS Highways 29A & 30A. Busy intersection of heavy traffic with its proximity to both the cities of Gloversville and Johnstown.  Area has existing new commercial development near the premises, i.e., CVS Pharmacy, Stewart's convenience store, small mini convenience store, and a shopping center, among other smaller businesses.  
Lots are offered as satisfying Environmental Phase I considerations based upon a buyer study completed for a prior prospective sale. The premises are served by City of Gloversville water and private septic system.  There are presently two (2) septic tanks installed, functionality unknown.

1008 State Highway 29A, Gloversville, Town of Johnstown, NY. 0.30+/- acres vacant land, zoned commercial. Tax ID# 149.8-13-4 and 1012 State Highway 29A, Gloversville, Town of Johnstown, NY. 58 x 152+/- feet of vacant land, zoned commercial. Tax ID# 149.8-13.3

Gloversville Central School District
2016 Town/County taxes $1,980.00 and
2016-17 School taxes (Gloversville School District) $3,055.00. (Agents please verify)

Opportunity like this rarely comes to market. Act now! 10% Buyer’s Premium.
PRE-VIEW: Vacant land can be viewed at your convenience.
Agent, Jessica Meyer Booth 845-616-5682

Online Auction Ending
Wednesday, April 5 @ 1:01PM
Bidding Opens Monday, April 3 @ 10AM
(Bidders must be fully registered & approved by office)

Property to be sold with Insurable Title – Free of Adverse Liens or Encumbrances at closing.
Ready, Get Set, BID! To prepare for the online only auction view photos online, review Property Information (see link above), line up financing and view parcel.

It's Easy to Bid!
1) Get a Username & Password at AARbids.com
2) Register for the Online Only Auction
3) Complete Internet Bidding Packet and you can participate.

AUCTIONEER'S NOTE: $5,000 deposit required at registration to bid, immediately refundable if not successful. Balance due and payable at closing.
ANNOTATED TERMS OF AUCTION
: We have been contracted to sell this property at Public Auction. Get a Username & Password at AARbids.com, register for the Online-only Auction and bring/mail our ‘Internet Bidding Packet’ containing the ‘Terms and Conditions’ and a $5,000 Guaranteed Funds/Bank check payable to: Absolute Auctions & Realty, Inc. Mail to: AAR, POB 1739, Pleasant Valley, NY 12569 – no exceptions, and you can participate. Complete your due diligence prior to bidding. If successful, an electronic “Contract for Purchase and Sale NY Real Estate” will be sent to you, sign contract, return and close transaction on or before June 5, 2017. Time is of the essence.
Deposit will be refunded to unsuccessful bidders. Title & Liens: Property is sold with insurable title, free and clear of adverse liens or encumbrances at closing. Broker Participation: Call for details.

Remember, the auction is the only game
where you need to come in last to win!

 


AUCTIONEER'S NOTE:

The silent auction website has a “dynamic ending” feature; if someone “sniper bids” on a lot at the scheduled end of the auction, the system will extend the clock  two minutes to give everyone time to bid again. Get in on the fun! Auctions are the best way to buy good quality items “cheaper than new.”


It ain’t over til it’s over – Auctions are the only game in which
you have to come in last to win! Remember to frequently refresh your screen to see if you have been outbid!!

 


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