ONLINE ONLY AUCTION (download the Bering Auction APP)
Bidding Starts: Friday, Jan. 24th @ 12PM
Bidding Ends: Friday, Jan. 31st @ 5PM
Starting Bid: Only $200,000! (appraised for $725,000 in 2023!)
- Parcel ID#: 33-2310205-408322-0000
- Built: 2006
- Zoned: Commercial
- (+/-) 1.63 acres
- Timberframe (post & beam), detached structure
- 3,385SF (above grade) & 3,385SF (below grade)
- Full bar area
- Commercial kitchen
- Bathrooms: Men's and women's facilities upstairs and downstairs
- Occupancy is estimated at 80 upstairs and 120 for lower level
- Heat: Natural gas, forced air
- Central A/C
- Exterior: Log siding
- Roof: Shingle
- 60 parking spaces with an overflow area for an additional 40 vehicles
- Water Heater: Natural gas
- Foundation: Block
- Public water and Public sewer
- 3-Phase Electrical system
- Alarm system
- Lebanon Co. - Union Township
Property is currently being run as the American Legion Post 910. Current business would like to stay and "rent" from the new owner(s), if possible. Liquor license stays ONLY if the property continues to be run as an American Legion. If the new owner decides not to keep the American Legion as a tenant, then the liquor license ends and does not transfer. All contents are included in the sale except a few personal items and those items not owned by the American Legion. MANY POSSIBILITIES with this property and the commercial zoning! Click under the "Documents" tab to view the Union Township zoning map and the permitted uses for the commercial zoning. Property is being sold AS IS, WHERE IS with NO CONTINGENCIES. Want to participate in the auction? Download the Bering Auction APP and register. Once registered you can review the full terms and conditions of the auction. Questions? Call our office at 717.641.3729. Zoning Questions? Contact Union Township at 717.865.4039.
Terms - A 10% deposit is required at the conclusion of the auction and must be wired to the Bering Real Estate Co escrow account next day. This amount will be held in escrow until the time of settlement. Settlement to be held on or before 30 days. A 10% Buyer's Premium will be added to the high bid price and will become part of the purchase price. Buyer is responsible for the 2% PA real estate transfer tax and deed preparation fee. Property is being sold AS IS, WHERE IS with NO CONTINGENCIES.
IN ORDER TO BECOME AN OFFICIAL BIDDER FOR THIS ONLINE ONLY AUCTION, EACH BIDDER MUST WIRE OR DROP A CHECK OFF AT OUR REAL ESTATE OFFICE IN THE AMOUNT OF $5,000 (five thousand). IF YOU ARE THE SUCCESSFUL PURCHASER, THIS AMOUNT WILL BE APPLIED TO THE REMAINING 10% DEPOSIT THAT IS NEEDED AT THE CONCLUSION OF THE AUCTION. NO EXCEPTIONS. ALL BIDDERS THAT ARE UNSUCCESSFUL AT THE AUCTION WILL GET THEIR $5,000 RETURNED IN FULL. QUESTIONS? CALL OUR OFFICE AT 717.641.3729.
Settlement and title work will take place with Bear Ridge Land Transfer and be held at 1038 E. Main Street - Palmyra, PA 17078.
