Archive for November, 2014
PA Picks – Commercial Properties with a Development Bonus
November 24th, 2014 by Ori KleinInterested in finding a place to run your next business operation? Then peruse our picks this week on commercial properties with plenty of opportunity for redevelopment.
Check out AuctionAdvisors’ lender-ordered REO commercial property with redevelopment site in Tolland, Connecticut. Known as “Gooseberry Corners”, this 19,912sf income-producing office/retail building sits on two contiguous lots encompassing a total of 5.94 acres of land. This property holds several office, retail and light industrial buildings that generate revenue. PA is picking this one for its prime location, just off busy Route 195 in the Gateway Design District. Auction date is December 10th.
PA Picks – Retail that Rocks
November 17th, 2014 by Ori KleinWith the holiday season rapidly approaching, we decided it’s the ideal time to explore some retail properties that are hitting the auction block to inspire that shopping spirit.
Check out David R. Maltz & Company, Inc.’s 6,000sf prime retail building in Bethpage, New York. Situated on a 12,840sf lot on a main thoroughfare with exceptional customer traffic, this sale is an ideal opportunity for an owner-user or business investor looking to acquire property in the retail sector. PA is picking this one for its optimum location, surrounded by national retailers including AutoZone, Walgreens and Starbucks. Auction date is December 11th.
http://www.propertyauction.com/clickcount.cfm?ListingId=4508097
PA Picks – How About Some Hospitality?
November 7th, 2014 by Ori KleinEver dream of owning your own hotel or motel? If so, you’re in luck – real estate in the hospitality sector has some very lucrative offerings hitting the auction block. Peruse our picks this week and you may be tempted to venture into the innkeeper business.
Take a look at Pamela Rose Auction’s 158-room hotel in Toledo, Ohio. Nestled on 7+ acres, this classic inn also comes with a full bar and dining room, and presents a host of opportunities for land investment or multi-unit commercial use. PA digs this one for its location, adjacent to I-280 and close to the Chrysler Jeep Plant. Online bidding ends November 21st.
