Some real estate opportunities deserve to stand alone in the spotlight. Once such opportunity caught our eye in the commercial property sector that is not to be missed.
Check out NRC and Auction Advisor’s sealed bid sale of 18 leasehold gas stations dispersed throughout Northern New Jersey. Being directed by the Superior Court of New Jersey, most of these stations include the essential kiosks and service bays. All stations are sold without fuel supply and all bids are subject to court approval. PA is picking this for its sheer profitability – an ideal capital venture for business owners and property investors. Sealed bids are due March 12th at 5pm.
Ever dream of owning your own restaurant? Maybe you’ve toyed with the idea of opening an Italian bistro or American pub. If you’re looking for that perfect place to make your culinary aspirations a reality, you may want to peruse these former restaurant properties hitting the auction block.
Check out Tranzon’s 5,328sf one-story former restaurant/bar in Barrington, New Jersey. Set on 1.72 acres, the interior boasts a central bar area surrounded by 10 booths for ample customer seating. The kitchen is chock-full of the essentials, including stoves, ovens and kitchen supplies. This property also offers a basement, complete with an office and walk-in refrigerator. PA digs this one for its vast parking availability, which is on-site and can host approximately 80 vehicles. Auction date is February 26th.
Now well into 2014, the national economy and real estate market both seem to be maintaining an upward momentum. A notable increase seems to be in land sales, where scores of developers are back in business breaking lucrative ground in various parts of the country. NuWire Investor reports a significant rise of activity in this sector, stating, “Developers, owners and lenders who found themselves stuck holding land when the development spigot shut off are beginning to see a welcome return of buyers… As both the commercial and residential markets continue to improve, developers are increasingly shifting attention back to new construction, which is providing a much needed boost to land sales. Approximately $6.4 billion in land sales occurred during the first half of the year, which is up 18 percent compared to the same period in 2012.”
For business owners and real estate investors in search of some prime commercial property, you may want to peruse this week’s PA Picks of a few choice warehouse offerings hitting the auction block.
Take a look at Cottonwood Auctions’ 9,000sf warehouse/office in Kearneysville, West Virginia. Built in 2003 with 6,000sf dedicated to warehouse space and 3,000sf for office use, this property comes equipped with a loading dock, drive-in door and fully-sealed garage doors. Set on 3.13 acres which can easily accommodate an additional 10,000sf structure, this listing offers a host of options for growth potential. The entire building is insulated and climate-controlled, and is being sold absolute without reserve. PA digs this one for its convenient location, only 6 miles from I-81. Auction date is March 8th.
PropertyAuction.com Congratulates Laura Brady on Being Named One Of The Top 100 Most Influential Leaders In Real Estate By Inman NewsJanuary 17th, 2014 by melissa
We want to take a moment to congratulate Laura Brady, President and Founder of Concierge Auctions, for being recognized as one of real estate’s top leaders!
Last year, Laura granted us the opportunity of speaking with her for our Spotlight On… feature, where she discussed her responsibilities of overseeing the company’s corporate initiatives and brand growth. “Concierge Auctions only focuses on the sale of unique, luxury properties. We uphold standards of sophistication and success and are very particular about the properties and clients we accept to our process,” Brady said. “We strive to not merely meet but rather exceed those expectations.”
Ms. Brady continues to raise the bar in all facets of real estate marketing and brand development and is a prime reflection of success in our industry. Congratulations Laura!
For most of the country, January means snow, freezing temps and fighting off the flu. Those seeking to escape the winter blues will want to check out this weeks picks of beachfront properties – perfect for that ‘home away from home’ or money-making vacation rental.
Check out Concierge Auctions’ 4,788sf oceanfront estate in Malibu Beach, California. Situated on 5 acres, this three-story architectural masterpiece boasts 4 bedrooms, 6 bathrooms, multiple indoor/outdoor dining and entertaining spaces, dual master suites with balconies and breathtaking ocean and mountain views from nearly every room. A luxurious suite of features (with too many amenities to list) includes a freshwater aquarium, Zen garden at the kitchen terrace, Ann Sacks soaking jetted whirlpool tub, custom-designed stone gas fire feature, and expansive pool terrace with pool/spa and outdoor shower. Did we mention that all fixtures and finishes are of the highest caliber? Read the rest of this entry »