COMMERCIAL REAL ESTATE - FORMER CLAPPERS BUILDING MATERIALS | Live and Online Auctions on HiBid.com

FOR SALE AT AUCTION MINIMUM/OPENING BID $250,000 COMMERCIAL REAL ESTATE — ALMOST 50,000 SQFT UNDER ROOF SITUATED ON 2.5 +/- ACRES ZONED INDUSTRIAL NEAR A MAJOR CONNECTING HIGHWAY BIDDING ENDS THURSDAY, OCTOBER 22 @ 7:00 PM TEXT 814-691-1601 FOR QUESTIONS Notice: Sales agreement and escrow deposit must be completed no later than 24 hours following the auction end date and time Location: 144 11th Avenue Meyersdale, PA 15552 Open House: Thursday, October 15th from 5-6 PM To schedule a private showing contact our office by clicking the button below. Or contact your agent today. CLICK HERE TO ASK A QUESTION OR SCHEDULE A PRIVATE SHOWING Contact: Dynamic Auction Group (814)444-7777 or TEXT (814)691-1601 Deposit only required if you are the winning bidder! Guaranteeing a marketable and insurable title free and clear of liens, or the option for your deposit money back! MORE DETAILS AND TERMS - KEEP SCROLLING BUYERS AGENTS - CLICK HERE TO REGISTER YOU AND YOUR BUYER Brokers/Agents welcome. Buyer Broker commission is offered to licensed real estate agents, subject to Dynamic Auction Groups broker participation terms and conditions. Buyer broker commission is a percentage of the total winning high bid amount or earned commission/buyer’s premium, paid to any agent who's buyer successfully closes on the property in accordance with Dynamic Auction Groups terms and conditions. Click the button above for details on broker participation terms or to show the property. Lot 1: Commercial Real Estate Buildings: 5 Municipality: Meyersdale Boro School District: Meyersdale School District Area/County: Somerset County Zoning: Industrial Contingency: None Squarefoot: 48,923 +/- Square Feet Under Roof CLICK HERE FOR BUILDING SKETCHES CLICK HERE FOR TAX RECEIPTS - BUILDINGS CLICK HERE FOR TAX RECEIPTS - LOT Tax Map #: S26-037-029-02 Deed/Page: 2701/592 Gross Taxes: Approximately $11,454.72 Acres: 2.5 +/- Parking: Information: Inclusions: Exterior Features: Construction: Roof Type: Basement: Ceilings: Flooring: Sewer Type: Water Source: Heating: Cooling: Lot 2: Vacant Lot Acres: 2.675 +/- Gross Taxes: Approximately $287.86 AUCTION DETAILS: Property offered "AS-IS" with no contingencies, other than the guarantee of a marketable and insurable title at the time of settlement. Cash to Seller - (Traditional Financing Accepted as a form of payment at settlement, however there is no mortgage contingency) Buyers Premium (BP) Applies: 10% of the high bid amount will be added to the high bid amount to achieve the total purchase price. This is how the final purchase price is calculated. Example: (high bid amount, amount due at closing) $500,000 + $50,000 (buyers premium) = $550,000 (total purchase price) MINIMUM OF HALF THE BUYER’S PREMIUM AMOUNT (5%) Non-refundable deposit due at signing: The total remaining balance is due at the time of (traditional) closing. 45-60 days to close. The winning online buyer must arrange with their banks an immediate electronic wire transfer for the deposit amount if they become the successful buyer. Must be scheduled no later than NOON the following banking day after the auctions end date. Real Estate Auction Sales Agreement: High bidder must be available immediately following the auction to complete and execute a no contingencies PA - Real Estate Auction Sales Agreement Notice: All online bidders must be available to communicate via telephone within the 30 minutes leading up to the auction's end time. Failure to communicate with the auctioneers at their request could result in the decline of your registration and bids. ****DUE DILIGENCE: If you are a buyer that will be seeking financing or will need inspections and/or appraisals in order to purchase, please start that process as soon as possible in order to be prepared for the auction. As mentioned, there are no contingencies, including but not limited to: No financing contingency, No inspection contingency, No appraisal contingency. However, financing, inspections, and appraisals are permitted, the agreement is just not contingent upon those items. Do your due diligence, ask questions, and be prepared to bid and buy in confidence.