FANTASTIC COMMERCIAL PROPERTY
RIGHT IN CENTER OF TOWN ON EAST MARKET STREET!
LARGE, CLEAN STOREFRONT PLUS 3 BEDROOM APARTMENT UPSTAIRS
15 MINUTES TO INDIANA UNIVERSITY OF PA
LOTS OF PARKING, ENDLESS POSSIBILITIES!
WILL SELL TO THE WINNING BIDDER
FREE AND CLEAR!

This is a full purchase price auction. High bidder wins this property outright.

Bidding opens at $1.

This auction is for a Commercial Storefront property and land (on .117 Acres) plus a 3 Bedroom Apartment upstairs, located at 166 East Market Street, Blairsville, Indiana County, PA 15717. This storefront is being liquidated to the highest bidder and is located in the center of downtown Blairsville! The maximum exposure to both automobile as well as foot traffic makes for a business opportunity for many different investments as well as an ideal rental. This storefront needs very little work to be rent-ready, and the property is located within 15 minutes driving of Indiana University of Pennsylvania (IUP), in addition to being located in the center of town. The property sold in 2007 for $87,553.20 and is an ideal real estate investment in a prime location.

Rentals in Blairsville range from $550 to $700 per month. Ten years at $625 per month will accumulate $75,000 in rent revenues!

 

Here is an actual view of the storefront and building from East Market Street
The property consists of the right half of the red building, plus the smaller
tan structure which is an extension of the storefront.

 

Another view of the storefront and building from a
different angle from across East Market Street.

Here is an actual view of the interior of the storefront.

 

A view of the interior of the storefront near the rear entrance door.

 

 

A great close up view of the storefront’s extension
with newer windows and great curb appeal.

 

Here is an actual view of the living area of the apartment upstairs.

 

Here is another actual view of the living area of the apartment.

 

 

Here is a view of the one of the bathrooms.

Here is an actual view of East Market Street from the property; the property is located
directly across the street from a large Medical practice as well as an S & T Bank.

 

Here is another view of East Market Street from a different angle.

Parcel #: 07-002-114

Legal Description of Property: 166 & 166 ½ East Market Street, Blairsville, PA 15717.

Lot Size: 34 X 150, or 5,100 square feet (.117 Acres).

County Recording Fee and Additional Fees: Indiana County charges the following to transfer and record the deed:

$62 recording fee and 2% Transfer Tax. Please note these fees are in addition to the winning bid amount. Monies will be paid to the county when deed is recorded for you. The Seller will pay all costs related to deed preparation and shipping.

Title will be delivered to the winning bidder via a Special Warranty Deed!


Major credit cards accepted through Pay Pal or USA Bank Cashiers Checks in USD (the two preferred ways) within 4 days of the close of the auction. Personal Checks in USD are accepted but the recording of the deed is a slower process. Please conduct all due diligence and ask all questions prior to bidding. All maps, copy of the deed that we have sent to the county for recording and information that we have will be mailed to the same name and physical address the winning bidder provides.

Please note that this property is being sold in "as-is" condition. The information set forth herein related to potential resale prices, renovation costs, assessment info, annual taxes and property condition is based upon our own assessment of information gathered from various sources. Please conduct all due diligence and ask all questions prior to placing a bid. Any individual, corporation, or entity of any kind that bids on this property, or makes an offer on this property outside of Bid 4 Assets, hereby acknowledges and must agree to this disclosure.

Please email all questions as they arise & winning bid information at the auction conclusion. Winning bidder: Please send instructions on whose names will appear on deed, address and telephone number. This information should be emailed immediately along with how payment will be made (Pay Pal, Cashier’s Check, Personal/Business Check, Wire Transfer or Money Order). Please note that payment is due within 4 business days of the close of auction. All sales are final.