REGISTRATION BEGINS AT 10:00AM • SUBURBAN PITTSBURGH, … · 2019. 3. 12. · 2. POTENTIAL INVESTMENT OPPORTUNITY WITH SALE-LEASEBACK. CURRENTLY 48,000 SF LEASED @ $81,000 / YR,

HANNA COMMERCIAL • CHARTWELL AUCTIONS, LLC • TCN WORLDWIDEMICHAEL BERLAND, PA AUCTIONEER AU005890

CHARTWELLAUCTIONS.COM216.861.7200

FOR ADDITIONAL INFORMATION CALL

AUCTIONPREMIER REAL ESTATEA

REGISTRATION BEGINS AT 10:00AM • LOCATION: MARRIOTT PITTSBURGH NORTH - 100 CRANBERRY WOODS DR., CRANBERRY TWP., PA 16066

SUBURBAN PITTSBURGH, PAINDUSTRIAL / INVESTMENT

CHARTWELLREAL ESTATE AUCTIONS

ON-SITE INSPECTIONS: TUESDAYS, NOVEMBER 1, 8 & 15 FROM 10:00 AM TO 12 NOON

OFFERED WITH A PUBLISHED RESERVE PRICE OF ONLY: $495,000

SELLER FINANCING AVAILABLE

CORPORATE RELOCATION FORCES IMMEDIATE SALE!

206,184 SF INDUSTRIAL BUILDING ON 15.64 ACRES

ON-SITE INSPECTIONS: TUESDAYS, NOVEMBER 1, 8 & 15 FROM 2:00 PM TO 4:00 PM

OFFERED WITH A PUBLISHED RESERVE PRICE OF ONLY:

$495,000

CORPORATE SELLER ORDERS SALE!

66,284 SF INDUSTRIAL CRANE BLDG. ON 2.71 ACRES

200 MAIN STREET, CORAOPOLIS, PA 15108 (13 MILES N/W OF PITTSBURGH)

796 E. BUTLER ROAD, BUTLER, PA 16002 (35 MILES NORTH OF PITTSBURGH)

NOVEMBER 22, 2016 AT 11:00AM

2POTENTIAL INVESTMENT

OPPORTUNITY WITH SALE-LEASEBACK. CURRENTLY 48,000 SF LEASED @ $81,000 / YR, NNN

Amy F. Broadhurst, CCIM

[email protected]

FOR SALE OR LEASE

796 EAST BUTLER ROAD

BUTLER, PA 16003 | EAST BUTLER TOWNSHIP

GROSS BUILDING AREA

206,184 SF

Main Plant

187,792 SF

Out Building

17,050 SF

Storage Building

1,342 SF

LAND SIZE

15.64 acres

DOCK DOORS

11

DRIVE IN DOORS

8

CEILING HEIGHTS

14’ - 18’

ELECTRIC SERVICE

Two Feeds1) 12KV; 480/240V, 3 Phase, 1200 amps

2) 25KV

NOTES

• Floor thickness up to 1’• Wastewater treatment plant on-site

FORMER MAGNETICS MANUFACTURING FACILITY

1

POTENTIAL INVESTMENT OPPORTUNITY w/SALE-LEASEBACK!

CURRENTLY 48,000 SF LEASED @ $81,000 / YR, NNN

216.861.7200CHARTWELLAUCTIONS.COM

POTENTIAL INVESTMENT OPPORTUNITY WITH SALE-LEASEBACK. CURRENTLY 48,000 SF LEASED @ $81,000 / YR, NNN. Located in the heart of East Butler’s industrial/manufacturing district in Butler County Pennsylvania, 796 E. Butler Rd. has direct access to S.R. 422. The location provides access to an abundant, skilled workforce in a manufacturing corridor that is a one-hour drive from Pittsburgh’s Central Business District as well as the Pittsburgh International Airport. It is less than forty miles from the future site of the Shell “Cracker” plant which is expected to cost $5 billion and will bring upwards of 6,000 construction jobs to the region over the next five years. The gross building area is 206,184 SF and sits on a total of 15.644 acres. Spang Magnetics handled the research, design and production of soft magnetic powder cores, ferrite cores and strip wound cores that are used in the electronics industry – for over 50 years at the property. The building contains substantial power consisting of a 12 KVA feed and a 25 KVA feed. Air and gas lines run throughout, numerous cranes with capacities ranging from 1 – 5 tons, substantial floor thickness that reaches up to 1’, clear span open areas, as well as a wastewater treatment plant, afford any industrial user the infrastructure that is necessary to manufacture. With 15.644 acres, there is more than enough room for parking, outside storage and/or future expansion. Zoned I-G General Industrial, the site is ideal for almost any type of manufacturing or distribution.

ON-SITE INSPECTIONS: TUESDAYS, NOVEMBER 1, 8 & 15 FROM 10:00 AM TO 12 NOONR.E. TAXES: $39,530 / YR CASHIER’S CHECK REQUIRED TO BID: $40,000

796 E. BUTLER ROAD, BUTLER, PA 16002 (35 MILES NORTH OF PITTSBURGH)

Located in the heart of the industrial/manufacturing district of Coraopolis, 200 Main St. has close proximity to I-376 and I-79, two of the major interstates that access the tri-state region. It is less than twenty miles from the future site of the Shell “Cracker” plant, which is expected to cost $5 billion and will bring upwards of 6,000 construction jobs to the region over the next five years. The gross building area is 66,284 SF, of which 54,000 is industrial/manufacturing space. The 420’ building depth, cranes, 16’ – 22’ ceiling height and substantial power make the property ideal for any manufacturer and contractor. The six dock doors and 1 drive in door provide substantial loading and off loading capabilities – and also present an opportunity for a drive through conversion. The two vacant lots consisting of 0.73 acres enable plenty of room for outside storage, parking or future growth. Zoned I-2 Heavy Industrial, the site is ideal for any type of manufacturing.

ON-SITE INSPECTIONS: TUESDAYS, NOVEMBER 1, 8 & 15 FROM 2:00 PM TO 4:00 PMR.E. TAXES: ESTIMATED $30,000 / YRCASHIER’S CHECK REQUIRED TO BID: $35,000

200 MAIN STREET, CORAOPOLIS, PA 15108 (13 MILES N/W OF PITTSBURGH)

1

2

1) 796 E. Butler Road, Butler, PA ..........................................................................................................................................................................................................................................................$20 ____________2) 200 Main Street, Coraopolis, PA ........................................................................................................................................................................................................................................................$20 ____________

Shipping & Handling ...................................................................................................................................................................................$10 per packet (US) $25 per packet (International)____________

Name: Company:

Address: City: State/Province: Zip:

Telephone: Fax:

E-mail Address: Signature

Visa/MasterCard# Expiration Date: Security Code (3 digits on back of card)

BIDDER INFORMATION PACKET ORDER FORM


Please fill in all information on the form below. Enclose check payable to Chartwell Real Estate Auctions in the full amount for the packet(s) requested and mail, fax, or E-mail to Cameron Price, National Coordinator, 1350 Euclid Ave., Suite 700, Cleveland, Ohio 44115. If fax to: (216) 861-4672. If E-mail to: [email protected]. You may also pay via Visa or MasterCard sending as above, Attention: Cameron Price. The Packet Contains: (1) property overview; (2) survey; (3) property disclosures; (4) real estate taxes; (5) legal description; (6) demographics and traffic counts; (7) permitted title exceptions; (8) purchase & sale agreement; (9) terms of sale; and (10) and other pertinent information regarding the respective property.

AUCTION FORMAT. All bidding is open and public. To bid during the auction, you need to raise your hand, shout out your bid or instruct an Auctioneer’s Assistant to call out your bid for you.DOCUMENT PACKAGE. A Bidder’s Packet (“Packet”) has been prepared for each property and must be purchased by mail or at On-Site Inspections in order to bid on each property.ATTORNEY REVIEW RECOMMENDED. All information contained in this brochure and all other auction-related material, such as the Packet, should be carefully reviewed by an attorney prior to the auction and is subject to and may be superseded by (1) the Real Estate Purchase Agreement to be signed at the auction, as well as by (2) announcements made from the podium prior to the commencement of bidding.AUCTION REGISTRATION. All parties seeking to bid on a property at the auction must sign in at the registration table and show the possession of the required cashier’s or certified check. All bidders will be required to sign a statement (“Bidder’s Statement”) prior to commencement of bidding that the bidder has inspected the property and sale documents.REQUIREMENTS OF THE HIGH BIDDER. The High Bidder on the respective parcels will be required to immediately tender the required cashier’s or certified check of: Parcel 1) 796 E. Butler Rd., Butler Twnp., PA: $40,000 made payable to Chicago Title Insurance Company as Escrow agent, Attn: Stephen Emery, 2 Gateway Center, Suite 1900, Pittsburgh, PA 15222, (412) 904-6841, [email protected], Parcel 2) 200 Main St., Coraopolis, PA: $35,000 made payable to First American Title Insurance Company as Escrow agent, Attn: William Homa, 301 Grant St., Suite 405, Pittsburgh, PA 15219 (412) 208-1045, [email protected], and sign the Real Estate Purchase Agreement. The earnest money must be increased by cashier’s or certified check to a total of 10% of the total purchase price, by 4:00 P.M., Tuesday, November 29th, 2016 with funds delivered to the offices of the Escrow Agent.AUCTION PROCEDURE. Both properties are offered With Published Reserve Prices of $495,000 each.

*ALL PROPERTIES ARE OFFERED ON AN “AS-IS, WHERE-IS” BASIS WITH ALL FAULTS AND WITH NO REPRESENTATIONS OR WARRANTIES BY SELLER.

The authorized signatory of the Seller will be at the auction. The final high bid will be accepted at the time and place of the auction in the event the high bid is equal to or greater than the Published Reserve Price. The Auctioneer reserves the right to ask for an opening bid below the Published Reserve Price. In the event the bidding level does not reach the Published Reserve Price, the high bid offer will be considered With Reserve, Subject to Seller Acceptance. The final high bid must be irrevocable until 4:00 P.M., Eastern Time, five business days after the actual date of auction. CLOSING DATES. The sale of all properties will close on or before December 27, 2016, at the Offices of the Title Companies at which time Purchaser shall pay the balance of the Purchase Price. Time is of the essence.BUYER’S PREMIUM. The sale at auction will provide that the Purchaser pay to the Seller as part of the total purchase price a premium (fee) equal to the following-

percentage of the high bid or offer price: 10%. The buyer’s premium will be added to the high bid or offer price in the Real Estate Purchase Agreement to determine the Total Purchase Price. Financing, if any, is calculated on the Total Purchase Price.FINANCING. These properties are not offered subject to Purchasers obtaining financing.CONDUCT OF THE AUCTION. Auctioneer is not permitted to bid at the auction. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. Announcements made from the podium supersede printed material. Auction is open to registered bidders and invited guests. In the event of a dispute between bidders, the Auctioneer shall make the final decision to accept the final bid, to re-offer and re-sell the property, or to remove the property from the auction. If any disputes should arise following the auction, the Auctioneer’s records shall be conclusive.AGENCY DISCLOSURE. Hanna Commercial Real Estate, Chartwell Auctions, LLC, Michael Berland, PA Auctioneer, Gordon Greene, PA Broker & Auctioneer (“Brokers/Auctioneer(s)” and all parties associated with Brokers /Auctioneers, represent the Sellers in this sale.BROKER PARTICIPATION. A referral fee equal to 2.0% of the High Bid Price will be paid by the seller from the seller’s proceeds of sale to the Real Estate Broker acting as a buyer broker, who’s Client pays for and closes on the property. To qualify for the referral fee, the real estate agent must: (a) be a licensed real estate broker who will abide by the Association of Realtors Code of Ethics; (b) register the Client by fax: (216) 861-4672, attn.: Cameron Price, on company letterhead, and confirm the buyer-broker arrangement (Registration) with the Broker, Auctioneer prior to November 15, 2016, (c) inspect the property with their prospect; and (d) attend the auction and bid with or for the Client. All Registrations accepted will be acknowledged by Auctioneer. Each participating broker must bring their written acknowledged Registration to the auction for verification. No Broker will be recognized on a Client who has previously contacted or been contacted by the Seller, their representatives or Auctioneer. Referral fees will be paid upon closing by Seller and receipt of all commissions by Auctioneer. No referral fees will be paid by the Seller, if the broker, the broker’s agents, or a member of the broker’s immediate family is participating in the purchase of the property. An affidavit will be required certifying that the broker is not participating in any way as a principal. No sub-agency shall be offered to any broker by Auctioneer. There can be no exceptions to this procedure and no oral Registrations will be accepted. Brokers are hereby notified that the Seller has provided a dual commission arrangement for the sale of the property.

DISCLAIMER. The information contained herein is subject to inspection and verification by all parties relying on it. This sale is being conducted subject to the Terms of Sale and the Real Estate Purchase Agreement. No liability for its inaccuracy, errors or omissions is assumed by the seller or broker/auctioneer. ALL ACREAGE, SQUARE FOOTAGE, AND DIMENSIONS ARE APPROXIMATE. This offering may be withdrawn, modified, or canceled without notice at any time. Property is subject to prior sale. This is not a solicitation or offering to residents of any state or jurisdiction where prohibited by law.

TERMS OF SALE FOR NOVEMBER 22, 2016 AUCTION

Chartwell Auctions1350 Euclid Avenue, Suite 700Cleveland, OH 44115(216) 861-7200 / Fax: (216) 861-4672 ChartwellAuctions.com Michael Berland, PA Auctioneer AU005890




AUCTIONPREMIER REAL ESTATEANOVEMBER 22, 2016 AT 11:00AM

REGISTRATION BEGINS AT 10:00AM • LOCATION: MARRIOTT PITTSBURGH NORTH - 100 CRANBERRY WOODS DR., CRANBERRY TWP., PA 16066


[email protected]

FOR SALE OR LEASE



GROSS BUILDING AREA

206,184 SF

Main Plant

187,792 SF

Out Building

17,050 SF

Storage Building

1,342 SF

LAND SIZE

15.64 acres

DOCK DOORS

11

DRIVE IN DOORS

8

CEILING HEIGHTS

14’ - 18’

ELECTRIC SERVICE


2) 25KV

NOTES

• Floor thickness up to 1’

• Wastewater treatment plant on-site


A216.861.7200

CHARTWELLAUCTIONS.COM

AUCTIONPREMIER REAL ESTATE

NOVEMBER 22, 2016 AT 11:00AM


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Download our Chartwell AuctionsMobile-Bidding App Today!



[email protected]

FOR SALE OR LEASE



GROSS BUILDING AREA

206,184 SF

Main Plant

187,792 SF

Out Building

17,050 SF

Storage Building

1,342 SF

LAND SIZE

15.64 acres

DOCK DOORS

11

DRIVE IN DOORS

8

CEILING HEIGHTS

14’ - 18’

ELECTRIC SERVICE


2) 25KV

NOTES

• Floor thickness up to 1’

• Wastewater treatment plant on-site


Documents

REGISTRATION BEGINS AT 10:00AM • SUBURBAN PITTSBURGH, … · 2019. 3. 12. · 2. POTENTIAL INVESTMENT OPPORTUNITY WITH SALE-LEASEBACK. CURRENTLY 48,000 SF LEASED @ $81,000 / YR,