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IN THE WORLD

BIDDING CLOSES
Monday, October 31st 2019
@ 12:00 noon PM EST.

SENECA LAKE AUCTION
1115 Lochland Rd, Geneva, NY 14456
(Route 14 South Main Street)

PROPERTY DETAILS

Located on the western shore of Seneca lake, the largest of the glacial Finger Lakes of the U.S. state of New York, and the deepest lake entirely within the state. Geneva is conveniently located halfway between Rochester and Syracuse.

the Property is currently the American Legion Winnek Post Home. it Has been owned and operated by Winnek Post 396 since 1951. The Building is equipped with a Commercial Kitchen, Bar, Lounge and 3 upper stories all over looking Seneca Lake.

According to an article in Geneva Daily times on March 9, 1951, the home was built as a single family home in circa 1882 for Henry Slosson. The building had been designed and built for him by a Rochester architect named Cutler. Slosson was a member of one of Geneva's early families who had returned from service as a US Navy engineer. The house was called "Shadyside".

Property is zoned AG-RES. Plenty of potential on this one of a kind property neighboring Belhurst Castle and Geneva on the Lake.

Type of building: commercial
Age of building: built CIRCA  1882
SIZE OF building: 12,500 SQUARE FEET
Bedrooms: 9
Bathrooms: 2
fireplaces: 5
Number of Floors in home: basement, 1ST FLOOR, 2ND FLOOR, 3rd floor attic
Foundation TYPE: stone

GARAGE SPACES:  4
Number of Buildings on PROPERTY:  3
Lot Size / Acreage: 12.90 Acres of Land
lake frontage: 503 feet of lakeshore (approximate)

Water SOURCE: public water
Sewer DISPOSAL:  public sewer
Electricity: public UTILTIES
Heating:  natural gas heating fuel / Hot Water steam Heating  

Municipality: city of geneva
School District: geneva
County:  ontario
Zip Code: 14456

Great Location for Winery or Brewery Venue

SENECA LAKE WINE TRAIL: Seneca Lake hosts more wineries than any of the other Finger Lakes. The Seneca Lake Wine Trail is in the heart of the Finger Lakes. The large size of the lake moderates the temperature, and makes the surrounding land ideal for growing grapes.  Because of this, Seneca Lake has over 50 wineries and vineyards- more than any other of the Finger Lakes.  These wineries attract more than 600,000 visitors annually!

FINGER LAKES BEER TRAIL: The Finger Lakes Beer Trail consists of over 75 microbreweries, brew pubs, tap houses and brewing-affiliated businesses. New York has been voted as the “Hottest New Destination for American Craft Beer”. New York State is a Premier Craft Beer Destination with awarding-winning breweries, pubs, tap houses, restaurants, and more. The Finger Lakes features some incredible breweries in the world.

REGION: The property is in New York’s beautiful freshwater Finger Lakes Wine Country Region on the western shores of Seneca Lake. At the north end of Seneca Lake is the city of Geneva, New York, home of Hobart and William Smith Colleges and the New York State Agricultural Experiment Station, a division of Cornell University. At the south end of the lake is the village of Watkins Glen, New York, famed for auto racing and waterfalls. Due to Seneca Lake's unique macroclimate it is home to over 50 wineries, many of them farm wineries and is the location of the Seneca Lake American Viticultural Area (AVA).

SENECA LAKE: Seneca Lake is the largest of the glacial Finger Lakes of the U.S. state of New York, and the deepest lake entirely within New York State.

LOCATION: The property is located on State Route 14 next to BelHurst Castle and Winery. Geneva on the Lake Resort and Hobart William Smith College are also on the same route. New York State (NYS) Route 14 is a heavily traveled commuter and commercial corridor. The property is located 1.9 Miles from S. Main Street intersection of the City of Geneva, New York on Seneca Lake.

PROPERTY ADDRESS: 1115 Lochland Rd, Geneva, NY 14456  (NY Route 14 / South Main Street)

MAJOR CITIES NEAR BY: 38 miles to Rochester, NY - 54 miles to Syracuse, NY - 96 miles to Buffalo, NY - 135 miles to Toronto, Canada.

FORMER & CURRENT USE OF PROPERTY: Originally built as a private lakefront single family estate residence. Currently used as the Winnek American Legion Facility. There are many things this property can represent; future potential uses are subject to the governing municipality approval.

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REGISTER TO BID

ENTER YOUR CONTACT INFORMATION BELOW

general information about the bidding process
 

• property viewings & inspections: the property is AVAILABLE FOR SHOWINGS & INSPECTIONS BY APPOINTMENT ONLY.

• HOW TO BID: There will be no physical bidding on-site at the property. Bidders will need to register prior to submitting bids. The property is being sold pursuant to a sealed-bidding procedure.

• SUBMITTING BIDS: All bids must be submitted to: "mICHAEL dErOSA EXCHANGE, LLC"; either through its online internet bidding portal or in standard purchase offer format sent by e-mail, fax, or hand delivery to: Michael DeRosa, Phone: (315) 406-7355, Fax: (315) 685-7653, E-mail: MichaelDeRosa@TheInternationalExchange.us

• Transaction Closing: The transaction closing requirements are to be outlined in the Purchase Contract.

• PURCHASE & SALE CONTRACT: PROPERTY Financing, Inspections, & Attorney Review of Title DOCUMENTS AND PURCHASE CONTRACT is Allowed For Bidders.

• BIDDERS DEPOSIT: Due at the time of purchase contract/bid submission. Returned to bidder if bid is not accepted.
   

• ONLINE BIDDING: ONLINE BIDDING IS A VERY SIMPLE PROCESS. IT'S CONVENIENT AND DISCRETE, ALLOWING BUYERS THAT VALUE THEIR PRIVACY TO BID FROM ANYWHERE IN THE WORLD RATHER THAN BIDDING IN PERSON AGAINST OTHER BIDDERS. 

• INTERNET BIDDERS:  THE ACCEPTANCE OF ANY BID SHALL BE CONDITIONED UPON THE SUBSEQUENT EXECUTION BY THE BIDDER AND SELLER OF A WRITTEN PURCHASE CONTRACT OF SALE,INCLUDING ALL REQUIRED ADDENDA AND SETTING FORTH TERMS AND CONDITIONS SATISFACTORY TO BOTH PARTIES.
   

• All bids must be submitted with the following:

1.)  A bidding deposit, in the amount of 10% of the Buyers Bid Price, due at the time of purchase contract submission, in the form of a check, to be made payable to and held by Michael DeRosa Exchange, LLC until the purchase contract is signed by Seller, at which time it shall become part of the Purchase Price and shall be deposited in an Escrow account at Manufacturers & Traders Trust Co. (M&T) bank or returned to Buyer if the purchase contract is not accepted.

2.)  Proof of Bidders ability to purchase by providing a mortgage loan pre-approval letter, if obtaining financing

3.)  Verification of available funds letter from Bidders financial institution, if paying cash. 
              

• Broker Disclosure Regarding Agency Representation Relationship:

• Michael DeRosa of Michael DeRosa Exchange, LLC is an Auctioneer and Licensed Real Estate Broker acting in the interest of the Seller as a Seller’s Agent.

• Kenneth Harris of CENTURY 21 Steve Davoli Real Estate is a licensed real estate salesperson acting in the interest of the Seller as a Seller’s Agent. The Property is being offered for sale in Conjunction with Kenneth Harris of Century 21 Steve DAVOLI REAL ESTATE.