Colonial House Converted into Professional Office

Description

LOW RESERVE: $349,000

The property is a 2-story 2,967± gross sf professional office building. Sale is motivated by owner-occupant downsizing his practice and moving.   Building has served as current owner’s legal offices for over 40 years. Located on a .15 acre lot, this 2-story colonial building is comprised of 7 rooms (4 located upstairs and 3 downstairs) and 2 half-baths.  Built in 1899, the building features a white clapboard exterior featuring a wrap around front porch and rear porch. There is space in rear of lot for additional development possibilities. Property is currently zoned “PO” (Professional Offices), in an area where conversion to residential use has historically been readily permitted.

Documents

Auction Information

Property Information

* Requires confirmation of Online Agreement

Terms & Conditions

  • Buyers Premium: 10% based on the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: $35,000 due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

Inspection

March 27 & March 31  

BY APPOINTMNET ONLY.

 Email: jolshin@AuctionAdvisors.com for appointment.

Auction Information

Property Information

* Requires confirmation of Online Agreement

  • Buyers Premium: 10% based on the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: $35,000 due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

March 27 & March 31  

BY APPOINTMNET ONLY.

 Email: jolshin@AuctionAdvisors.com for appointment.

Auction Info:

  • In Contract
  • Property Type
    Commercial
  • Property Location
    1 South Madison Avenue
    Spring Valley, NY 10977
  • Auction Location
    On-Site

Property Map



Auction Contact(s):

Joshua Olshin

Oren Klein

  • Email Oren
  • W: (212) 375-1222 x703
    F: (212) 202-6267