Tranzon to auction ±41 acres at heavily-used intersection on February 26th

GETTYSBURG, PA — The controlling acreage at the intersection of US Rtes. 15 and 30 will be sold at auction by Tranzon on Thursday 26 February, 2015 at 11AM. The well-situated property includes a tenant-occupied dwelling and several outbuildings, and effectively controls the entire northeast quadrant of this heavily-used intersection. There is a signalized intersection at US Rte. 30 and Smith Rd.; more than 25,000 cars pass the site each day.

The parcel is being sold with an assignable contract to ±4.2 acres with Tractor Supply Company. The terms of the contract include removal of an existing barn and outbuildings as well as the widening of Smith Rd. and installation of curb cuts. These improvements will represent a significant enhancement to the property for the new owner, as these infrastructure enhancements will increase the accessibility of the entire parcel. The TSC contract establishes a permanent easement across their property to the remaining acreage. There is also an LOI in place for an additional parcel.

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Zoned EC-1, permitted uses include offices for business, corporate headquarters, scientific laboratories, data processing and other activities of a similar type. Public water, electricity and gas are available at the street. This highly visible site is directly across the street from Gettysburg's newest hotels, dining, retail and entertainment complex.

The auction will be held at the Wyndham Gettysburg, 95 Presidential Circle in Gettysburg, directly across from the auction parcel.

Full details of the property and auction can be found at www.tranzon.com; the auctioneer is Timothy N. Jennings, PA Lic. AU005610

Contact: David Lowry, GPPA, CAI, Tranzon Fox, 410-871-0075 dlowry@tranzon.com

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