Seller: Derouin's Holdings, LLC (Gary Derouin & Rob Derouin, owners)County: Jefferson CountyMunicipality: City of WatertownSchool District: WatertownTax Map #: 7-01-201.000Assessment: $173,600.00Equalization Rate: 83 %100% Assessed Value: $209,200.00Lot Size: 80' x 100' +/-Zoning: D - DowntownClassification: 449 - Other StorageCity/Village Taxes: $1,525.44Town/County Taxes: $1,353.29School Taxes: $1,933.60Total Taxes: $4,812.33Real Estate to be Auctioned @ 10 AM-Features: Two - Brick and Limestone Commercial Buildings totaling 19,888 +/- Sq. Ft. on 80’ x 100’ (.18 Ac.) +/- Corner Lot! Two entrances on Mill St., Two Rear entrances and one on Newell St. First floor has 12’ ceilings, Office Space, Workshop and Storage areas and Two bathrooms with sink and toilet. 400 AMP Three phase Power, Circuit Breakers and Fuses, Nat. Gas Hot Water Boiler, Fin Tube Radiation and blowers in the Shop. Brick & Limestone structure, Flat Rubber roof & Tarvia Off-street Parking area for approx. 10 vehicles. Public Water and Sewer.
*Abuts the edge of the Black River Canal.
Terms on Real Estate:
Bidding online via Proxibid: A $1.00 reversible authorization fee is required in order to obtain a bid number.
1. A 10% Buyer’s Premium (Aka Internet Premium) will be added to the final bid to obtain the Total Purchase price.
2. Upon being announced “sold” by the Auctioneer on Thursday, June 29, 2023, 10% of the Total Purchase price (Bid plus the 10% Buyer’s Premium) is due from the Purchaser and up to $10,000.00 of this will be immediately charged to a valid credit card (Visa, MasterCard, Discover or AMEX). The balance of said 1st payment is to be received in three Business days of Auction date with Cash, Check or Certified Funds at the address below.
3. An Additional 10% of the Total Purchase price is to be received at the address below, no later than five business days of Auction date, with Cash, Check or Certified Funds.
4. Brzostek’s Real Estate Auction Co., Inc. will send the Purchase Contract, Bidder’s Certification and all required Addendums and Disclosures via Docusign for the Purchasers electronic signature and should executed upon receipt. Upon completion, a copy will automatically be returned to the sender. Brzostek’s will forward copies to the Seller and Buyer Attorney. Balance is due upon Closing in or about 30-60 days. Transfer of Title by Warranty Deed.
5. I acknowledge that I have read and agree to the items listed on the Bidder Certification Form which I will sign and will be returned with the Purchase Contract, Disclosures and Addendums which will be sent via Docusign.
Bidding at the Live Onsite Auction:
1. A 10% Buyer’s Premium will be added to the final bid to obtain the Total Purchase price.
2. Upon being announced “sold” by the Auctioneer on Thursday, June 29, 2023, 10% of the Total Purchase price (Bid plus the 10% Buyer’s Premium) is due from the Purchaser by Cash, Check or Certified funds.
3. An Additional 10% of the Total Purchase price is due in three business days with Cash, Check or Certified funds. These payments shall be mailed or delivered to the Address listed below.
4. The Purchase Contract will be executed immediately following the Auction along with required Addendums and Disclosures. Brzostek’s will forward copies to the Seller and Buyer Attorney. Balance is due upon Closing in or about 30-60 days. Transfer of Title by Warranty Deed.
5. I acknowledge that I have read and agree to the items listed on the Bidder Certification Form which I will sign onsite at the live Auction.
6. 25% of Brzostek’s Commission to be paid to the NYS Lic. Real Estate Broker whose prospect successfully closes on the property. To qualify for a commission, the Real Estate Salesperson or Broker must register with Brzostek’s 48 hrs. prior to the Auction and attend the live onsite auction with their client. Brokers and Salespersons acting as principals are excluded from broker participation.
*Remit contract and payment to:
Brzostek’s Real Estate Auction Co., Inc.
80 Smokey Hollow Rd.
Baldwinsville, NY 13027
**All the information contained on our literature and website was obtained from sources believed to be correct but is not guaranteed. All announcements from the Auction block take precedence over any printed or advertised material. This property will be sold subject to any applicable Federal, State, and/or Local Government Regulations. All acreages, measurements, & other figures described in this flyer are approximate and, therefore, not necessarily to scale.
**Issuance of a bad check is a Class B misdemeanor under the Penal Law.
**Any stopped payment checks will be treated as a Breach of Contract and will be forwarded to our Attorney for Collection!
Auction: #8359/23
Auctioning $90,000 Retail Value of Plumbing, Heating, Sheet Metal Stock & Tools including: Faucets, Stems, Gaskets, washers, toilets, toilet repair kits, White PVC, Black Iron & Galvanized fittings, copper fittings, Copper & Brass Valves, lengths of Black & Galvanized & Steel pipe, various sizes of Compression fittings, Flare fittings, Fernco couplings, Black Iron & Brass nipples, heating valves, controls, thermostats, Inducer Motors, Expansion tanks, AC tools, Freeze system, oil burner parts & pumps & accessories, Stainless, Aluminum & Galvanized sheet metal-4’x8’; New York High Efficiency Forced Nat. gas furnace, V-belts, Chimney dampers, water supply lines, AC fittings, AC Recovery tanks, work benches, old tin rollers & formers, anvils, hand truck, Copper Pro press fittings w/tools; engine cranes, flat carts, Electrical fittings, car ramps, lockers, many wood & Fiberglass step & ext. ladders, Freon recovery machine, air floor & ceiling vents, fan coil, desks & chairs, file cabinets, Airplane & Boat remote control, Elgin 2½hp Boat motor, truck tires, 100k BTU salamander, 30 gal. pressure tank, Big Power drain snake, 2 furnace vacs, 2 shop vacs, roll of wire mesh, HomeLite 4400 watt generator, electric grill, High Lo duct jack lift, Elec. Organ, kerosene heater, sm. Refrigerator, work shelves, 4’ Tennsmith Finger brake, Pexto 6’w No.262 Elec. Shear-3 ph; nuts & bolts bins, hand tools, Pexto 3’w sheet metal roller, 8’w metal brake, Peck, Stow & Wilcox #196 8’w jump shears, lock former, air tools, Peck, Stow & Wilcox crimper & edger, Pexto 4’ sheet metal roller, Niagara sheet metal duct work cutter, racks for sheet metal, sewer rods, SS, Aluminum & Galvanized 4’x8’ & 3’x8’ metal sheets, rolls of electric wire-all sizes; electric blower motors, Ridgid 500 A pipe threader, cast iron fittings, threaded rod, wheel barrows, used sump pumps, pipe wrenches up to 4’, come-alongs, pipe cutters, reemers,3 soil pipe cutters, cast iron ladles, Ridgid pipe threaders, chain wrenches, corded elec. Power tools, sawzalls, Rotary hammers, metal cut off saw, Right angle drills, drivers, hammer drills, soldering torch, old generator, drain snakes, 2 spot welders, hand rail fittings, old pot belly stove, cast iron wood stove, sprinkler heads, pipe hangers, fan blades, ton of lead, old power hack saw, 30" sheet metal brake, Freon SUVA 409A, SUVA HP80, SUVA MP66, 3-25lb. tanks-Freon of 410A, metal gas line, 3-5 gal. buckets of boiler anti-freeze, rolls of copper tubing, cole vise, anvil, angle iron cutter, lengths of Copper pipe, lengths of angle iron & flat stock steel, Ridgid pipe stand vises, threaders, oil buckets, Ridgid 200 threader, Toledo hand held Elec. Pipe threader, threading dies up to 8", Ridgid 400 pipe threader, test plugs for cast iron pipe, Baker’s scaffold, old hand trucks, witches hats & safety barrels, fencing; pipe vise, air compressor, sheet metal fittings, duct work, lengths of copper water drain pipe, chimney caps, lg. assort. Of PVC fittings, couplings, T’s, Elbows, adapters, Flex Duct-all sizes, Armaflex pipe insulation-all sizes, Furnace filters-all sizes, welding screen, Black plastic water pipe, glass door gun safe, stove table, block & tackles, baseboard radiators, wooden wine barrel, metal shelving, plus more!
Terms on Personal Property: Full payment due day of auction by Cash, Visa, MasterCard, Discover & Debit Cards. Checks w/Bank Letter of Guarantee. 15% Buyer’s premium. All items sold in "AS IS" condition. Subject to errors and omissions. Refreshments available. Driver’s license required for bidding number. All statements made day of auction take precedence over printed material. Auction: #8359/23
Click here for: Personal Property Online Absentee Bid Form