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Turn-Key Business Opportunity: Confluence Hardware
Listing ID#: 591156
Sale Location |
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Confluence, PA 15424 |
Sale Dates and Times |
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Thursday May 11, 2023 Completed |
Sale Type |
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Live with Online Auction VIEW ONLINE CATALOG |
Company Information |
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Joe R. Pyle Complete Auction & Realty Service Contact: Alan Heldreth Phone: 3045926000 Email: info@joerpyleauctions.com Website: www.joerpyleauctions.com EstateSale.com ID#: 5968 View company information and listings |
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Listing Terms and Conditions |
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REAL ESTATE TERMS: 10% nonrefundable down payment made within five (5) days of the close of the auction with balance due at closing. Cash, check, & wire transfer accepted. Credit cards will not be accepted for the down payment. No financing contingencies will be entered into the contract. Any required inspections must be completed prior to bidding. Property is being sold as is, where is with no warranty written or implied. Buyers will be responsible for obtaining and the cost of any dye testing that may be required by the locality in which the property is located.
Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral, or other subsurface interests conveyed unless otherwise noted. 60 days given to close. Announcements sale day take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract price. Name of purchaser on contract must be the name of the winning bidder or an entity which the winning bidder legally represents. No exceptions. Real estate sold subject to owner confirmation. AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service is acting as Auctioneer/Agent and is an agent for the seller only. DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable but not warranted. Information is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. Any references to acreage, unless otherwise noted, are derived from public record and are not warranted. Buyers are responsible for conducting their own research prior to bidding. BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our website or from the company office. Broker must be registered 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser. We don't just list your property - WE SELL IT! JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE Joe R. Pyle, Broker (888) 875-1599 5546 Benedum Drive Shinnston West Virginia 26431 www.joerpyleauctions.com Joe R Pyle PA AU001708 Charlotte Pyle PA AU006072 Alan K. Heldreth PA AU003544L Jordan Kiger PA AU006131 Robert Phillips PA AU005225 Andrew Pyle PA AU006071 Aaron Pyle PA AU005872 Tim Bennett PA AA019313 |
Listing Information |
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COMMERCIAL REAL ESTATE AUCTION
Thursday, May 11th at Noon Registration & Inspection begin at 11:00AM
Confluence Hardware 484 Hugart St. Confluence, PA
Real Estate & Inventory of Confluence Hardware of Confluence, PA
Real Estate & Hardware Store Inventory to be offered as a package! This is an opportunity to own a turn-key, successfully operating hardware store in one of South West Pennsylvania’s most picturesque communities.
Six parcels of real estate included in one bid:
484-482 Hugart Street, Confluence, PA Adjoining structures with retail display, storage, and two residential 1-bedroom apartments. 484 Hugart features two floors above grade plus the basement. The first floor and basement of this structure are primarily retail display. The back of the first floor features a former living area converted to retail space and an employee breakroom. The second floor of 484 consists of an indoor archery ranch and Technohunt (gaming system) theatre. The rear of the second floor of 484 are offices and open storage. The basement level of 482 is a repair shop with glass cutting and pipe bending equipment and bulk retail paint/varnish storage. 484 is heated by forced air oil furnace supplemented by pellet burning stove in the basement and cooled by window air conditioning units. The primary floor (ground floor) features a retail display area including a firearms/archery shop. The rear of the building is formerly the residence of the prior owners and has been converted to retail space and employee break room. For 482 and 484 are adjoined and connected. The building of 482 has three floors (2 above grade and the basement). The basement of 482 houses the mechanic’s repair area including glass cutting and pipe bending and more retail storage. The ground floor has a retail display and storage. The ground floor of 482 was previously a café. The ANSIL-style fire suppression hood remains in the kitchen area and the service counter remains in the dining room area. Adjoining to 282 is an add-on with restrooms and French doors that open out to patio area. Heated by boiler heat and supplemented by electric baseboard heating in the second floor apartments. The second floor of 482 consists of two 1-bedroom apartments (one vacant, one occupied). Across the rear alley to 484/482 (facing Ross Street) is a two story garage/storage building. Adjoining 482 Hugart is a two story (plus basement) commercial building (identified as 476 Latrobe). This building was formerly a law office and is currently used for auxiliary storage. The building features a commercial storefront. It’s a handy-man’s special in need of extensive renovation. Not adjoining to the previous parcels is a small out parcel (accessed from Ross Street) that abuts the bank of the Casselman River. The expansive retail inventory of the Hardware store alone total seven-figures in calculated wholesale cots of goods. The full-service hardware store offered inventory large and small including a full selection of electrical and plumbing supplies, fasteners and small hardware (many still sold by weight), custom chain, firearms, ammo and related items, archery supplies, and much more! The operation is staffed with 3 full-time employees and a fluctuating staff of part-time employees. 2021 & 2022 P/L statements and calculated COGS inventory (current as of 12/31/2022) will be available upon request to qualified interested parties.
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