PENNSYLVANIA — A cold-storage warehouse in Kensington/Port Richmond neighborhood Philadelphia and a former hospital in the heart of the Marcellus Shale Gas Region in Central Pennsylvania are being sold at auction in March regardless of price.
Max Spann Real Estate & Auction Co. has scheduled the Philadelphia auction for March 12 at 1 p.m. on site at 60 East Tioga St.
The auction of the former State Hospital for Injured Persons in Tioga County has been scheduled for March 19 at 1 p.m. on site at 520 Ruah St., Blossburg.
“Both of these offer tremendous redevelopment opportunity for investors,” said Bob Dann, the executive vice president and chief operations officer of the firm.
The 24,344 s/f cold-storage warehouse, the former location of Colorado Beef, is located on .62 acres in North Philadelphia near Armingo Ave. and Tioga Stations with convenient access to I-95 and the Betsy Ross Bridge. The building has a 7,800 s/f second-floor office with kitchen, conference and storage rooms as well as a close circuit camera security system.
The 54,500 s/f former State Hospital for Injured Persons consists of three main buildings connected by walkways with an attached gymnasium and several out buildings.
The former hospital contains a commercial Kitchen, new HVAC systems and water and sewer on-sit. It sits on 8.77 acres near Rte. 15 (the future 1-99 corridor), Wellsboro and Williamsport, the Home of the Little League World Series. Mineral and gas rights are included with the property.
“The former hospital can be repurposed as apartments, multi-family, a nursing home, assisted living, a school or training facility,” Dann said.
Both properties are being sold absolute, meaning they will be sold regardless of price.
To take the next step, call 888-299-1438 for the property information package, attend the auction and bid. For more information about this and other Max Spann’s auctions, visit maxspann.com.