PA Picks – Summer: The Season for Great Escapes

July 10th, 2012 by Ori Klein

Everyone under the sun is in vacation mode. Summer is in full swing, the weather is record-breaking hot, and everything around you is moving a little bit slower. This is the prime time of year that real estate seekers long for that special getaway property – not just a lake house or beach condo, but a full-fledged ‘great escape’ sanctuary. This week PA is checking out properties that fully deserve this title.

Take a look at Freedom Realty Exchange’s 7-bedroom, 5-and-3/4 bathroom custom home with guest house located in Bozeman, Montana. Weighing in at 8,759sf on 40.15 sprawling acres of pristine mountain land, this heavenly habitat is packed with amenities including vaulted ceilings, hardwood floors, granite countertops, stone fireplaces and an upstairs theater room. Since this property is adjacent to a nature conservancy, potential owners can be rest assured that their spectacular views will not be disturbed. PA is picking this one for its stellar wraparound deck that offers striking views of the property’s trout pond, babbling stream and vast open space. Bid deadline is August 10th.

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PA Picks – Some Unique Commercial Buildings

June 25th, 2012 by Ori Klein

Whether it’s an office building or residential house, most properties come with a history of former owners. With that history can come some fascinating revelations on what purpose the building was utilized to serve. This week we’re looking at properties that housed some noteworthy organizations, from explorers to educators.

For those who once dreamed of planning their mission to the moon or rocket to the stars, take a look at the former Nasa Buildings 500/501 in Fairview Park, Ohio being offered by the U.S. General Services Administration (that’s right – NASA!). With two 3-story office buildings boasting 200,000sf of rentable space and approximately 9.8 acres of land, this property is fully loaded with vital amenities including 88 parking spaces, a loading dock, fluorescent lighting, roof mounted zoned HVAC, a sprinkler system, and masonry brick/split rock walls. PA is picking this one for its obvious ‘coolness’ factor – it’s NASA! Auction date is July 30th. Read the rest of this entry »

Looking To Go the Restaurant Route? Check These Out…

June 11th, 2012 by melissa

The food industry has always drawn investors and business owners from various backgrounds. Whether you’ve always dreamed of being the next great American chef or manning the helm of the latest chic eatery, you’ll want to check out these restaurant properties hitting the auction block.

Take a look at Tranzon’s 10,107sf restaurant building in Louisville, Kentucky. Boasting a large commercial kitchen, spacious dining area, and various kitchen equipment, this two-story building has commercial zoning and is being offered as an absolute auction. PA digs this one for its prime location, just off busy Eastern Parkway and only minutes from the University of Louisville, yielding possible investors/owners a steady slew of patrons. Auction date is June 28th. Read the rest of this entry »

PA Picks – Calling All Condo Hunters

May 29th, 2012 by Ori Klein

While it’s still a propitious time to be house hunting, one cannot overlook the benefits (and great deals) that come with owning a condominium. Many buyers and investors are drawn in by the allure of a low-maintenance, less demanding property like a well-built condo. Even with association fees, you can’t beat being relieved of lawn-mowing and snow-shoveling duties. Whether you plan on renting the property or personally occupying it, condos can provide comfortable, even luxurious living without many of the ‘house headaches’ a typical residential property can bring.

Check out United Country – Badgerland Auction and Realty’s 2,795sf lakefront condo in Delafield, Wisconsin. Packed with desirable amenities, this 3-level property offers 3 bedrooms, 3 ½ baths, cathedral ceilings, fireplace, private deck with hot tub, indoor lounge on the 2nd floor, and 2 master suites with breathtaking lake views. Since we tend to like gadgets, Read the rest of this entry »

Spotlight On: Richard Warner, CAI, AARE, President, Warner Real Estate & Auction Company, Inc.

May 14th, 2012 by Ori Klein

Spotlight on . . .Richard Warner

We recently spoke with Richard Warner, President of Warner Real Estate & Auction Company, Inc. With a solid background in the commercial sector, Richard’s company focuses on real estate auction activity in the Northeast region. Dealing frequently with government institutions as well as farmland and developmental property, Richard’s experience includes a wide spectrum of inventory.
PA: How would you describe your organization (specialties, longevity, experience, etc.)?
RW: Warner Real Estate & Auction Company is a full service real estate brokerage firm specializing in selling real estate at auction via live on-site, sealed bid, on-line or a combination of live and webcast. Our company was founded in 2006 and has successfully sold millions of dollars of real estate at auction throughout New Jersey and Pennsylvania. We have sold properties for estates, private sellers, institutions, municipalities and the USDA-FSA.  Some of the properties we’ve sold at auction include gas stations, beach and luxury homes, offices, investment properties, farms, development land, industrial and other specialty properties.

PA Picks – Time for Some Beach Bidding…

May 7th, 2012 by Ori Klein

Ahhh… summer. Everyone’s favorite 3-month stretch of sunshine is within reach. And when summer hits, most people want to hit the beach. In honor of this spectacular season that’s a mere 40ish days away, we’re scoping out some coastal capital that will attract both investors and homeowners who want their paradise by the sea.

Check out’s .62 acre lot in South Haven, Michigan. Nestled in the exclusive gated community of Highfield Beach at Lake Michigan, the acquisition of this lot includes access to the clubhouse with an outdoor heated pool, scenic walking paths and a quick golf cart drive down to the shores of Lake Michigan to enjoy shared access of 500+ feet of private sandy shoreline. PA is picking this one for its ideal location – perfect for a waterfront getaway yet only 2 hours from Chicago and 1 hour from Grand Rapids. Auction date is June 5th.

Looking for something a bit bigger? Take a look at Fisher Auction Company’s turnkey 50-room oceanfront hotel in Palm Beach Shores, Florida. Showcasing 169’ frontage on Ocean Avenue, this 4-story seaside establishment offers extensive practical necessities every investor requires, including underground parking for 40 cars, surface parking for 16 cars, and current zoning that allows for a 50,000sf 6-story, 27-unit building. PA digs this property for its more indulgent features, such as the restaurant and terrace overlooking the Atlantic Ocean, swimming pool and tiki bar, and 2-bedroom penthouse suite. Auction date is June 8th.

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