AUCTION ID #: 625221 Bookmark and Share
BANK-OWNED: Scranton, PA - Commercial Bldg, Former Cafe, Great Location!
Item 625221  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: Not Met
Status: Closed
Auction Started: 12-06-13    07:00 AM ET
Auction Closed: 12-19-13    03:00 PM ET
Asset Details
Seller Information
      
Seller Name: RoseAcceptance
Rating: Not Applicable
Location: 111 West Market Street
Scranton , PA    18508
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Bid Increment: $5,000
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $15,000
Auction Type: Regular Auction
Source: Bank
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Item Specifics
 
Commercial Properties  
  Address 111 West Market Street
Scranton, PA 18508
United States
  County Lackawanna
  Lot Size .34 acres
  Display Maps Yes

Asset Description
111 West Market Street , Scranton , PA 18508

DESCRIPTION

Great business opportunity! Formerly known as the Market Street Cafe; the location provides all the traffic needed for a successful restaurant! Potential customers include: shoppers on their way to the Mall at Steamtown, college students from Marywood University, or simply, local residents looking for a good lunch spot! Bring your culinary expertise and start profiting today!

Buyers interested in inspecting the property may contact the asset manager through Bid4Assets to obtain the lockbox code.
ADDITIONAL DETAILS

Address 1111 West Market Street
CityScranton
CountyLackawanna
Listing Parcel Number13412070050.00
StatePA
Zip18508
CountyLackawanna


Maps & Area Information

Additional Details
For more information about this asset including photos, specs and more (when available), click here.
Additional Terms of Service
The Seller offers these assets for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.


All information derived from third party sources, including but not limited to appraisals, is deemed reliable but not guaranteed. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset.

Winning bid price is subject to approval by the bank.
Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
Payment Type
  • Certified/Cashier's Check
  • Wire Transfer
  • Winning bidder is responsible for all liens, encumbrances and back taxes. Full balance is due within 5 calendar days of auction's close. Seller accepts certified funds via mail, wire, or ACH. A quitclaim deed will be given at time of settlement at NO CHARGE. Buyer will be responsible for a buyer's premium of 10% with a $250 minimum.