Commercial Investment Opportunity - 8 West Main Street, Fonda, NY 12068

Attached Row Building on 0.06 +/- Acres Located in the Fonda-Fultonville School District - Only a Short Distance from Fonda Speedway, Stewart's, Cumberland Farms, and the Fonda Fairgrounds!


Begins: Thursday, Feb 29, 2024, 9:00AM EST
Location: 8 West Main Street, Fonda, NY 12068.
Preview: Thursday, March 21st, 9:00 AM - 10:00 AM.
Begins Closing: Tuesday, March 26th, 11:00 AM.
Contract Signing: By Appointment - Monday, April 1st, 2024.

PLEASE CLICK MORE LOT INFO FOR IMPORTANT INFORMATION AND ADDITIONAL PICTURES.

$500.00 Credit Card Hold Required To Obtain Bidding Privileges, Hold Will be Released Post-Auction.

 
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Sold
High Bid:
$16,500.00 – frankentraum

bidding history

8 West Main Street, Town of Fonda, County of Montgomery, State of New York
SBL: 35.11-2-22
Lot Size: 0.06 acres +/-
Property Class: 481 - Att Row Bldg
Site: Com 1
In Ag District: No
School District: Fonda-Fultonville
Taxes: $818.25 +/-
Full Market Value: $70,423.00
Assessed Value: $50,000.00
Deed Book: 2023, Deed Page: 403
Part of First Floor Has Collapsed Into the Basement
Drive by Anytime Only.

Real Estate Payments and Partial Terms:

$500.00 Credit Card Hold Required To Obtain Bidding Privileges, Hold Will be Released Post-Auction.

Real property is subject to Seller acceptance or rejection within approximately 24 hours post auction closing. Seller reserves the right to accept the high bid even if the reserve is not met. THE HIGH BIDDER SHALL BE BOUND TO PERFORM IF THE BID IS ACCEPTED BELOW THE RESERVE PRICE. Upon bid acceptance by the Seller of real property, a $2,500.00 down payment, 12% Buyers Premium (additional twelve percent on top of bid price), and a flat $750.00 Administrative Fee is required in cash/certified bank check made payable to Collar City Auctions, Inc. Escrow and must be paid no later than 4:00 PM Monday, April 1st, 2024. Time Being of Essence. Payments are due by appointment at our office located at 9423 Western Tpke., Delanson, NY 12053. Our office will reach out to the successful high bidder post-auction to schedule contract signing appointment. Closing will take place on or before April 30, 2024. Property is sold AS IS, including all contents contained within the building on the day of inspection, without contingencies of any kind with the exception that purchaser is guaranteed free and clear title. The business name is not included in the sale. No bids may be withdrawn or canceled once placed. ALL BIDS ARE PLACED AT MAX BID, THIS MEANS YOUR MAXIMUM BID PLACED WILL BE IMMEDIATELY ACCEPTED AND POSTED.
You will receive a telephone call and/or e-mail confirmation within approximately 24 hours of acceptance of bid by the Seller. It is your responsibility to contact our office if you do not receive notice.

Bidder Certification, Contract Terms and Conditions
Online auction sales conducted, hosted or otherwise administered by Collar City Auctions, Inc. or its designee, either through the auction company's website www.collarcityauctions.com or www.collarcityauctionsonline.com or any other website designated by the auction company for the purpose of conducting an online auction agrees to the following:

Take Notice:
I, the bidder, as purchaser unconditionally and expressly grant permission to the auction company or its representatives as follows: Bidders that do not pay their invoice will automatically have their credit card charged the full amount due, plus a 15% administrative fee. Not as a penalty, but as liquidated damages to the seller and auction company. By becoming a member of our site, registering to bid within an auction and and clicking below/electronically signing the Bidder Certification, Contract Terms and Conditions, you expressly and unconditionally agree and acknowledge to be fully bound to all terms you have read and if necessary have had the opportunity to review with counsel prior to placing any bids.
I further acknowledge, at the sole discretion of the auction company, my account may be suspended or revoked. Site registration and bidding is a privilege and my name and/or business name and locality may be posted on the auction company’s website as a Prohibited bidder. By agreeing to our terms of use, registering to become a member of website and registering to participate in any auction, you acknowledge and grant irrevocable permission to the auction company to post my name as registered if I do not pay for all item(s) bid on and purchased.

I understand that by completing any and/or all registration forms, I am able to clearly read, write, speak and understand the English language and agree to be bound by the terms and conditions contained herein as well as any additional auction terms.

I agree that by clicking "I accept These Terms." I am electronically signing this document.
Thank you. We appreciate your participation.
More Details
8 West Main Street, Town of Fonda, County of Montgomery, State of New York
SBL: 35.11-2-22
Lot Size: 0.06 acres +/-
Property Class: 481 - Att Row Bldg
Site: Com 1
In Ag District: No
School District: Fonda-Fultonville
Taxes: $818.25 +/-
Full Market Value: $70,423.00
Assessed Value: $50,000.00
Deed Book: 2023, Deed Page: 403
Part of First Floor Has Collapsed Into the Basement
Drive by Anytime Only.

Real Estate Payments and Partial Terms:

$500.00 Credit Card Hold Required To Obtain Bidding Privileges, Hold Will be Released Post-Auction.

Real property is subject to Seller acceptance or rejection within approximately 24 hours post auction closing. Seller reserves the right to accept the high bid even if the reserve is not met. THE HIGH BIDDER SHALL BE BOUND TO PERFORM IF THE BID IS ACCEPTED BELOW THE RESERVE PRICE. Upon bid acceptance by the Seller of real property, a $2,500.00 down payment, 12% Buyers Premium (additional twelve percent on top of bid price), and a flat $750.00 Administrative Fee is required in cash/certified bank check made payable to Collar City Auctions, Inc. Escrow and must be paid no later than 4:00 PM Monday, April 1st, 2024. Time Being of Essence. Payments are due by appointment at our office located at 9423 Western Tpke., Delanson, NY 12053. Our office will reach out to the successful high bidder post-auction to schedule contract signing appointment. Closing will take place on or before April 30, 2024. Property is sold AS IS, including all contents contained within the building on the day of inspection, without contingencies of any kind with the exception that purchaser is guaranteed free and clear title. The business name is not included in the sale. No bids may be withdrawn or canceled once placed. ALL BIDS ARE PLACED AT MAX BID, THIS MEANS YOUR MAXIMUM BID PLACED WILL BE IMMEDIATELY ACCEPTED AND POSTED.
You will receive a telephone call and/or e-mail confirmation within approximately 24 hours of acceptance of bid by the Seller. It is your responsibility to contact our office if you do not receive notice.

Bidder Certification, Contract Terms and Conditions
Online auction sales conducted, hosted or otherwise administered by Collar City Auctions, Inc. or its designee, either through the auction company's website www.collarcityauctions.com or www.collarcityauctionsonline.com or any other website designated by the auction company for the purpose of conducting an online auction agrees to the following:

Take Notice:
I, the bidder, as purchaser unconditionally and expressly grant permission to the auction company or its representatives as follows: Bidders that do not pay their invoice will automatically have their credit card charged the full amount due, plus a 15% administrative fee. Not as a penalty, but as liquidated damages to the seller and auction company. By becoming a member of our site, registering to bid within an auction and and clicking below/electronically signing the Bidder Certification, Contract Terms and Conditions, you expressly and unconditionally agree and acknowledge to be fully bound to all terms you have read and if necessary have had the opportunity to review with counsel prior to placing any bids.
I further acknowledge, at the sole discretion of the auction company, my account may be suspended or revoked. Site registration and bidding is a privilege and my name and/or business name and locality may be posted on the auction company’s website as a Prohibited bidder. By agreeing to our terms of use, registering to become a member of website and registering to participate in any auction, you acknowledge and grant irrevocable permission to the auction company to post my name as registered if I do not pay for all item(s) bid on and purchased.

I understand that by completing any and/or all registration forms, I am able to clearly read, write, speak and understand the English language and agree to be bound by the terms and conditions contained herein as well as any additional auction terms.

I agree that by clicking "I accept These Terms." I am electronically signing this document.
Thank you. We appreciate your participation.

Location: 8 West Main Street, Fonda NY, 12068
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