LENDER OWNED ONLINE AUCTION 35,000 Ton/Year Wood Pellet Plant on 8.59± Acres Palmerton, PA
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Like New $7 Million Dollar 35,000 Ton/Year Wood Pellet Plant
43,750 Sq. Ft. Building on 8.59± Acres
Real Estate & Equipment Selling Separately or as Entirety
The new date for the Teleconference Auction of Great American Pellets is Tuesday, December 16th at 11am EST.
Complete Liquidation • Late Model Equipment
Former Great American Pellets Headquarters
43,750 Sq. Ft. Industrial Building on 8.59± Acres
$1.7 Million in Recent Building Renovations!
38,310 Sq. Ft. Manufacturing Area
5,440 Sq. Ft. Newly Remodeled/ Finished Office Area
Zoned I-1, General Industrial District Good Regional Access to PA Routes 218, 33, & 209
Well & Septic-City Electric
Trane 15 Ton Roof Top HVAC Gas Furnaces with Supplemental Pellet Boiler/Stove/Infrared Heaters
3 Loading Docks with Levelers
4 At Grade Overhead Doors
19’ Ceiling Height with Mercury Lighting in Manufacturing Area
Recently Installed 4000 Amp Service Fire Alarm/Wet Sprinkler System
GE Security System
Nortel/Motorola Phone System
Mettler Toledo Pitless Truck Scale
Plant Video
Bagging System Video
For access to the Phase I Environmental Report, Building Drawings, and Equipment Drawings & Brochures, please complete and return this Release. #broken
MANNER OF SALE:
The Former Great American Pellets Plant will be offered as an Entirety via a Teleconference Auction Tuesday, December 16 at 11:00 am EST. A $25,000 Certified Deposit is due prior to obtaining bidding privileges. Interested parties should contact the auction company for participation details.
If plant is not sold as an Entirety on December 16, the Real Estate and Equipment will be offered for sale via an Online Auction - Date to Be Determined. Equipment will be sold piecemeal if no bulk bids are accepted. The property will sell whichever way brings the highest dollar amount.
TRACT 1: Real Estate & Equipment
35,000 Ton/Year Wood Pellet Plant: 43,750 Sq. Ft. Industrial Building on 8.59± Acres with All Pellet Mill Equipment & Support Equipment (lots 10 - 115)
TRACT 2: Real Estate
43,750 Sq. Ft. Industrial Building on 8.59± Acres
TRACT 3: Bulk Equipment
Entirety of Pellet Mill Equipment & Support Equipment
See Bidder Kit for Real Estate information.
See Catalog for complete equipment descriptions.
INSPECTIONS:
Monday, November 3 • 10 am to 3 pm
Monday, November 17 • 10 am to 3 pm
LOCATION: Palmerton is a borough in Carbon County, PA, which is considered part of the Lehigh Valley and the greater Allentown Metropolitan area. It is strategically located 80 miles north of Philadelphia and 90 miles west of New York City. The Lehigh Valley is home to the largest concentration of warehouses and distribution centers on the east coast with a comprehensive transportation network. The area is known for its economic stability and pro-business environment.
BROKER PARTICIPATION: Broker Participation is welcome but not required. A 1%-2% commission will be paid to the licensed broker who, 48 hours prior to the start of the auction registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she hold an interest, is not entitled to a commission. See complete buyer/broker terms in bidder kit.
REAL ESTATE: 10% Buyer Premium. Persons must submit $25,000 Certified Deposit 24 hours prior to auction to obtain a bidding number. An additional $100,000 deposit is due within 48 hours of confirmation by Seller. Successful Entirety Buyer must also submit an additional $50,000 equipment deposit. Balance due at closing within 60 days.
EQUIPMENT: 10% Buyer Premium Entirety Purchase. 13% Internet Buyer Premium. All funds due and payable within 24 hours of sale via cash, wire transfer (posting within 24 hours), or certified check to Wm. F. Comly & Son Inc. No equipment can be removed from the site without full payment.
REAL ESTATE: Sale is subject to confirmation by Seller. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTEES EXPRESSED OR IMPLIED. Subject to Prior Sale. See Bidder Kit for complete terms.
EQUIPMENT: Equipment is selling AS-IS, WHERE-IS WITH NO WARRANTIES, GUARANTEES, EXPRESS OR IMPLIED. Small items must be removed within 7 days or are subject to forfeiture. Larger items require a rigging commitment within 7 days. Items left longer than 45 days are subject to forfeiture. Removal, packaging and transportation costs are the responsibility of buyer. All sales are final. Subject to Prior Sale. Selling Subject to Confirmation by Seller.
REAL ESTATE & EQUIPMENT: In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision.
In conjunction with WM.F. Comly & Son, Inc., AY000148L.
Re: LENDER OWNED ONLINE AUCTION 35,000 Ton/Year Wood Pellet Plant on 8.59± Acres Palmerton, PA
To Whom It May Concern: Pursuant to your request, please sign and date this release to receive documents relating to the above noted property. The Seller did not prepare these documents and has no knowledge of their accuracy or completeness. None of the documents shall constitute a representation or warranty of any kind by Seller as to the accuracy or completeness of any information delivered. Accordingly, Seller expressly disclaims any responsibility therefor, including any consequences of any reliance by anyone on them. Please note that the documents and the information contained therein are confidential, and by acknowledging receipt, you agree to keep such information confidential and that you shall not, without the prior written consent of Seller, share any of the documents with anyone other than Potential Buyer and representatives of Potential Buyer who need such information for the purpose of evaluating the premises and who are informed of the confidential nature of the information and also agree to be bound by the terms of this confidentiality provision. By this acknowledgement, you further agree that you will return to me the originals and any copies of the materials forthwith upon demand if the contemplated transaction is not consummated. Please do not hesitate to contact our office with any questions you may have.
