Auction Information
Auctioneer LEGACY AUCTION & REALTY 570-656-3299
Auction Date Sep 18 Auction
Location
230 Sand Spring Rd
Cresco, PA
Time 12:00PM
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Auction Listing
AuctionZip Auctioneer ID# 19285
Real Estate with FFE, or Liquor License, or Combination

230 Sand Spring Road, Cresco, PA 18326
Monroe County
 
LIVE AUCTION
WEDNESDAY, SEPTEMBER 18
12 NOON
 
PREVIEW
WEDNESDAY, SEPTEMBER 4

4 - 6 PM

 
OFFERED SEPARATELY AT $75,000 MINIMUM BID
 THEN IN COMBINATION


The former Velma's Cafe 

PROPERTY HIGHLIGHTS:
- Turnkey restaurant and bar for sale: includes furniture, fixtures, and equipment
- 2100+ sq ft
- Open granite bar seats 16
- Seating for 70 in three dining rooms
- Recently updated kitchen at cost of $70,000
Kidde Fire Systems Model WHDR-600
Culligan water treatment system
Micro Matic beverage equipment
Ice maker
Commercial mixer
- Walk-in cooler
- Freezer
- Fireplace
- Sushi bar
- 1100+ sq ft storage basement
- Concrete construction
- Standby commercial generator (propane hookup available)
- Land .23 acre with additional .86 of an acre across the street for parking
- Well and water system has current DEP approval
- Commercial zoning


CHOICE LOTS:
REAL ESTATE INCLUDING FFE > Offered individually with a minimum bid of $75,000: turnkey restaurant with FFE  (Lot A)

LIQUOR LICENSE > Offered individually with a minimum bid of $75,000: Monroe County, PA Class R liquor license with Sunday Sales  (Lot B)

COMBINATION > Offered in combination with a minimum bid equal to Lot A high bid + Lot B high bid + 5% Combination Premium  (Lot C)


HIGHEST BIDDER(S) WILL BE AWARDED AS PURCHASER(S) 


BRIEF TERMS: 
Interested bidders must present photo identification and bank cashier's check(s). Ten percent (10%) Buyer's Premium is added to all purchases awarded in part or in whole. Closing within 35 days, or by/before October 23, 2019. 

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This is not a foreclosure.

All announcements made day of sale take precedence over any previously stated or printed material or information.


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SEEK. WIN. CHERISH.


Proudly offered by Legacy Auction & Realty 
PA Auction Company AY002051  |  Personal Property Appraiser  |  REALTOR  |  Federal Firearms Dealer  |  Precious Metals Dealer
Rich Coccodrilli, Jr., Licensed PA Auctioneer
570-656-3299



Auctioneer License Information: AY002051

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