LENDER OWNED REAL ESTATE AUCTION Former Pittsburgh Burger Company Restaurant & All Equipment Homestead, PA
Details
Inspections
Tuesday, June 25 • 9:00 am to 3:00 pm
Monday, July 15 • 9:00 am to 3:00 pm
Tuesday, July 16 • 9:00 am to 11:00 am
Bid Deadline
Tuesday, July 16 11:00 AM
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Location
Details
Real Estate & Equipment Selling Separately or as Entirety
Real Estate:
6,804 Sq. Ft. 295 Person Restaurant on 2.19± Acre Site
Built in 2004 as a Fuddruckers
Great Location & Curb Appeal
Restaurant along Steel Valley Trail, along Monongahela River
Covered Screened Patio
Outdoor Seating Area
Bar & Game Areas
Front Neon Signage
Ample Parking
Walk In Freezers
City Utilities
Zoned Waterfront Development District
200' West Waterfront Drive Frontage
Restaurant Liquor License No 16653, LID 54022
Equipment Highlights:
Wood Top Pedestal Tables, Robertson Maple Chairs, Bar Stools, Booths
POS Terminals, Coolers, Display Cases, Neon Signage, Flat Screen TVs
Dishes, Serving Pieces, Ovens, Racks, Hamburger Patty Forming Machine
Displays, Swan Video System, Safe & More
See Catalog for Complete Listing
Manner of Sale: At the auction the Real Estate & Equipment will be offered in two individual lots and then as a package; the property will sell whichever way brings the greatest money.
The property is located in The Waterfront Development, a 260 acre upscale outdoor shopping, dining and entertainment area in the Pittsburgh suburb of Homestead along the Monongahela River. The Steel Valley Trail, part of the Allegheny Passage follows the Monongahela River, and passes by the restaurant location. This popular hiking and biking trail brings in thousands of tourists each year.
Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, 1 hour 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.
INSPECTIONS:
Tuesday, June 25 • 9:00 am to 3:00 pm
Monday, July 15 • 9:00 am to 3:00 pm
Tuesday, July 16 • 9:00 am to 11:00 am
Auction will be held on Location.
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View Former PBC Restaurant in a larger map
Click here for more information about the Development Site that will be auctioned at 3:00 pm on Tuesday, July 16.
REAL ESTATE: 10% Buyer Premium. Persons must show $20,000 Certified Deposit at time of registration to obtain a bidding number. $20,000 Minimum Certified Deposit due on day of Sale, with a deposit equal to 20% due within 2 business days, and balance due at closing within 30 days. The Deposit money shall become Earnest Money and is non-refundable. Attorney Daniel J. Birsic, Grenen & Birsic, P.C., is handling the closing.
EQUIPMENT: 10% Buyer Premium. 13% Internet Buyer Premium. All equipment is payable in full on day of sale. Equipment must be removed within 7 days.
Selling Subject to Owner Confirmation. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. Subject to Prior Sale. See Bidder Kit for complete terms.
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. Valid Government Issued Photo ID required to obtain bidding number.
In conjunction with Zettlemoyer Auction Co., LLC – AY000131L, Sherwood Zettlemoyer AU001237L, Eric Zettlemoyer AU005210.
Re: LENDER OWNED REAL ESTATE AUCTION Former Pittsburgh Burger Company Restaurant & All Equipment Homestead, 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.
