VALUABLE LANCASTER CO. REAL ESTATE

28 S. Bridge Street, Christiana, PA 17509

Commercial Space, 2 Apartments & Garage Fully Leased & Good Condition

Antiques, Furniture, Appliances, Collectables, Tools & Household Goods

Tuesday, June 20, 2023 3 PM

Real Estate offered at 6 PM

Christiana Boro – Octorara School District

Large updated and well kept 2 story mixed use building on a .2 Ac +/- lot in the center of Christiana. Fully leased w/ month-to-month leases. Great opportunity. A good investment property.

★UNIT DESCRIPTIONS★

Unit A 1^st Floor Commercial Space

2,763 sf 1^st floor commercial space currently a dog grooming/kennel space. Consists of a large front room w/ former lunch counter, rear office and grooming room and full bath. Current rent is $1,550/mo on a month-to-month lease.

Unit B 2^nd Floor Apartment - Consists of a large 2 BR, 1 bath apartment with living room, kitchen, and full bath. Current rent $850/mo on a month-to-month basis

Unit C 2^nd Floor Apartment - Consist of a large 1 BR, 1 bath apartment with living room, kitchen, and full bath. Current rent $900/mo on a month-to-month basis.

Basement - 2,184 sf full basement w/ concrete floor and outside entrance. Currently used by owner for storage

Garage - Attached 22’x23’ 2 car garage w/ 2 overhead doors. Currently used by owner for storage. Could be rented at $200/month +/-.

Yearly Current Income/Estimated Expenses

Estimated Income                                   Annually

Unit A                                                     $18,600

Unit B                                                       10,200

Unit C                                                       10,800

2 Car Attached Garage Est.                           2,400

Total Current Income                                $42,000

Estimated Expenses                                Annually

Taxes                                                       $  8,280

Insurance                                                 $  2,215

Water/Sewer                                            $  3,840

Dumpster Fee                                          $  1,560

Misc Repairs, Mowing, Snow                      $  2,500

Total Estimated Expenses                          $18,395

Estimated Net Income                               $23,605

★PERSONAL PROPERTY★

★Antiques, Collectables, & Household Goods★

Egmond guitar, Amoco & Atlantic gas cans, working barber pole & local cabinet, Mr. Peanut jars and canisters, Coke items, holiday decorations, depression ware, real fire hydrant, crocks, pictures, storage totes, 8ft folding tables, lunch counter stools, hay knives, Power Wheels Jeep, artificial plants & trees, canning jar light, pet cages, whelping box, puppy warming bed, grooming items, other pet items and more

★Furniture★

2-3 pc wicker patio sets, oak desk, futon, settee, enamel top table, bench, file cabinets, chest freezer, Whirlpool refrigerator/freezer, cedar chest, church bench, rocking chair, single bed frame, camp chef oven-like new, drop-leaf table, and more

★White Snowboss 1050 Snowblower★

★Tools, Lawn & Garden★

Like new folding gazebo, Radio Flyer tricycle, Shop Vac, yard & hand tools, plumbing items, folding tall hunting chair, spreader and more

Lots of clean, quality items here!

TERMS: Real Estate-10% Down at auction. Bal by 7/31/23. Buyer pays all realty transfer tax. Personal Prop.- No buyer premium for cash, PA checks, or out of state checks w/ bank guarantee letter. 3% Buyer premium for credit card purchases.

FOR: Frank W. & Angela S. Wallace

AY-002084