SOLD


*BANK FORECLOSURE AUCTION*
CORINTH FIBER, LLC
726 County Route 24
Town of Corinth (1.5 miles East of Village)

FRIDAY, NOVEMBER 5, 2004
INSPECTION ON SITE: 9:30 a.m.TO 10:30 a.m.
AUCTION AT: Corinth Court House, 600 Palmer Ave., Corinth, NY at 11:00 a. m.


Please see below for more pictures

 REAL ESTATE: 15,OOO S/F LIGHT MFG./STORAGE PRE-ENGINEERED STEEL FRAME BUILDING W/CONCRETE SLAB FLOOR AND PARTIALLY ENCLOSED 8' HIGH CONCRETE CURB WALLS CONSTRUCTED IN 2000 ON 5.5 +- ACRES W.598'+ ROAD FRONTAGE. 

LOCATION: APPROXIMATELY 40 MILES SOUTH TO ALBANY, NY; 175 MILES SOUTH TO NEW YORK CITY; 175 MILES NORTH TO MONTREAL, CA; 200 MILES EAST TO BOSTON, MA AND 300 MILES WEST TO BUFFALO, NY. 10 MILES TO SARATOGA SPRINGS, NY OR GLENS FALLS.

NOTICE OF SALE: Click Here to view the Notice of Sale in PDF format.
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TAX MAP NO.: 74.-2-11.2

LAND ASSESSMENT: $28,500.00

IMPROVEMENTS ASSESSMENT: $308,000.00

TOTAL ASSESSMENT: $336,500.00

UTILITIES: DRILLED WELL & SEPTIC; PUBLIC GAS & ELECTRIC.

BUILDING: 150' x 100' x 150' x 100' = 15,000 s/f
 
FOUNDATION: 6" reinforced concrete slab on 6" gravel base.

FRAMEWORK & EXTERIOR WALLS: Pre-engineered heavy steel frame walls designed to carry heavy loads w/metal clad exterior. Above average construction w/8' high poured concrete curb wall.

ROOF: 26 GAUGE PANEL RIB STEEL OVER 8" HEAVY STEEL FRAME RAFTERS OVER 3" MOISTURE BARRIER.

INTERIOR LAY-OUT & FINISH:  Open floor plan; one finished 1/2 bath framed w/steel studs and sheet rock walls; 140+- s/f room housing mechanicals. Remainder of the building is unfinished.

HEAT & INSULATION: none

ELECTRICAL SYSTEM: 600 AMP 3 PHASE SERVICE W/ 220 VOLT FEED TO OFFICE TRAILER.

CEILING HEIGHT: 20' AT PERIMETER AND 37' AT THE RIDGE.

DOORS: 14' overhead door at grade for delivery and one 8' overhead door at the loading dock.
TERMS: $25,000 DOWN PAYMENT IN CASH OR OFFICIAL BANK CHECK MADE PAYABLE TO THE BUYER PLUS 12% BUYER'S PREMIUM IN CASH OR CHECK ACCOMPANIED BY A BANK LETTER OF GUARANTEED PAYNMENT AT "KNOCKDOWN". BALANCE AT CLOSING ON OR ABOUT 30 DAYS AFTER AUCTION.
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DIRECTIONS to: CORINTH FIBER, LLC FORECLOSURE AUCTION
DIRECTIONS TO SUBJECT PROPERTY: i-87 Northway to Exit 16. West to Corinth. Site is on the right at 726 County Route 24. INSPECTION ON SITE 9:30 a.m. to 10:30 a.m.  AUCTION AT: Town of Corinth Court House at 11:00 a.m.  at 600 Palmer Avenue, Corinth, NY.  Travel West from subject property into Village.

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Uncle Sam AUCTIONS & Realty, Inc.

LICENSED AND BONDED AUCTIONEERS/REAL ESTATE BROKERS

RALPH F. PASSONNO JR., CAI, AARE, GRI,  PRES.

 

Hannelore Passonno, CAI,GRI, General Mgr.
(518) 274-6464
www.unclesamauctions.com


COMPLETE AUCTION, REAL ESTATE & APPRAISAL SERVICES THROUGHOUT THE NORTHEAST & FLORIDA

This information was obtained from sources deemed reliable. "USAR"/Ralph F. Passonno Jr. and all their agents, Seller(s) and all their agents, will not be responsible for any errors or omissions. Announcements made auction day take precedence over written materials. Offer void where prohibited.