Building Sold for $175,000

Auction Order:
Real Estate Sells First, Followed by two hayracks of small items, then following the catalog in order.  There are over 400 items in the catalog.
< Click Here> for Catalog

Due to Chef Terry Reis accepting a position as Corporate Chef for Palace Entertainment in Newport Beach, CA.  
61 Chop House will be sold at auction, including the real estate & all the restaurant equipment.

Don't miss your opportunity to buy a property that has 8,766 sq. ft. of space, that includes a dining area, bar area, kitchen & prep area and banquet room.  Also including 2 separate office suites for additional rental income.  

Need more space for your growing business?  The possibilities are endless with this property that is situated on
2.03 acres M/L with concrete & gravel parking!

Also selling after the real estate will be the restaurant equipment including, walk in coolers, freezers, ice machine, grills, SS prep tables, dining tables, chairs, booths...full listing now posted!!

More Pictures added 9-19, view in photo gallery!

Real Estate Sells First!!

Open House on Monday, September 22nd from 2-3pm or by Appointment

< Click Here > for Virtual Tour!

Large Building with Highway 61 Frontage on 2.03 Acres M/L
This landmark property known as 61 Chop House has 8,766 sq.ft. of total space.  Currently configured for a restaurant the building is a clear span building, enabling many possible uses!  The restaurant features a large L shaped dining area with large raised bar area.  Separate banquet room for additional seating capacity. Large kitchen with separate prep/storage area, dishwashing room, storage room, utility room & office.  Two tiled bathrooms with stainless steel stalls.  Building is serviced with 3 Luxaire hi-efficient GFA furnaces, central air and city water & city sewer.

Additional income can be generated from two office suites with separate entrances, common hallway & bathrooms.  This area of the building has 2,430 sq.ft. of space.  The front office is a 3 room suite and the back office is a four room suite.  Front concrete parking with additional gravel parking lot in rear.  All situated on 2.03 acres M/L

>>Multiple Uses with Excellent Highway 61 Exposure!

Included: All vents on roof, Front canopy sign, 2 Sign poles. 
Not included:  Walk in beer cooler, Walk in cooler, Walk in freezer, SS Hood in kitchen & fire suppression system, Utility shed, Concrete Parking Blocks, Produce Shed, Surround speakers in banquet room, All other restaurant equipment & items.

TERMS: 10% down payment on October 6, 2014.  Balance due at closing with a projected date of November 6, 2014, upon delivery of merchantable abstract and deed and all objections have been met.
POSSESSION: Projected date of November 6, 2014.
REAL ESTATE TAXES: To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.

Assessed Value: $306,800

The following taxes are approximate and will be used to prorate at closing.
Gross/Net Taxes: $8,652


SPECIAL PROVISIONS:
~ This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
~ If in the future a site clean-up is required it shall be at the expense of the buyer.
~ The buyer acknowledges that he/she has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.

>>Don’t Miss This Opportunity To Buy Well Maintained Equipment!!

RESTAURANT EQUIPMENT will sell following the real estate

WALK IN COOLERS & FREEZER
2005 U.S. Cooler 78”x126” walk in cooler
2005 U.S. Cooler 118”x141” walk in cooler
2005 U.S. Cooler 118”x141” walk in freezer

KITCHEN & PIZZA EQUIPMENT
Manitowoc B570 ice machine
19 ½’x46” SS hood w/ Range Guard fire suppression system
US Range oven w/ 6 star top burners & griddle
48” 4 burner broiler
Blodgett double convection oven, dual flow
(3) Dean 2 basket fryers
True upright SS freezer
True 6’x34” refrigerated prep table w/ 2 tier shelf, 2 door, 2 drawer, 1 lid
True 6’x34” refrigerated prep table, 2 door, 2 drawer, 1 lid
Turbo Air refrigerated prep table,1 door, 1 lid
2 drawer under cast meat cooler
Vulcan Hart Co VP-X3 steamer
(2)Baker’s Pride pizza ovens
Alto-Shaam warmer
Food Pro 60qt. floor mixer w/ attachments
Hobart table top mixer
Berkel 919 meat slicer
Wells 4 qt. soup warmer
Frigidaire refrigerator
GE small chest freezer
Microwaves
Farmers Brothers ice tea maker/dispenser
Onion slicer
Scales

SS TABLES & SINKS
Eagle 4’x2 ½’ 3 well steam prep table w/ 2 tier pass thru shelf & warmer
5’x2 ½’ SS table w/ 2 tier pass thru shelf & 2 warmers
Eagle SS 7’ 3 sink, 2 faucet, wash sink
Eagle SS 3’x’2’ wash sink
Eagle SS hand wash sink
4’x2 ½’ SS table
4 ½’x2 ½’ SS table
(2) 5’x2 ½’ SS table
(2) 6’x2 ½’ SS table
42”x2 ½’ SS table on casters
2’x2’ SS table

BAR EQUIPMENT
True 5’ under bar 2 door beverage cooler
True 7 ½’ under bar 3 door beverage cooler
Eagle SS 8’ under bar sink, 4 sink, 2 faucet, wash, rinse, sanitize sink.
(2) Eagle SS ice wells
BarMaid A-200 glass washer
SS 6 tap beverage dispenser w/hoses & gauges
4’x28” portable bar w/ well & gun
Keg rack

DINING TABLES – BOOTHS – CHAIRS
Approx. (26) 3’x3’ dining room tables
Approx. (75) padded dining room chairs
Approx. (70) stackable banquet chairs, leather & cloth
(9) 29”x4’ table booths
(8) Booths & (2) End booths
(5) 3’x3’ bar tables
Approx.(32) padded bar stools
4’ lighted glass front display/show case
(4) 8’ banquet tables (2 poly, 2 wood)
(10) 6’ banquet tables (8 poly, 2 wood)
Booster & high chairs


POINT OF SALE SYSTEM – TV’s – SECURITY SYSTEM
Tec 3500 POS, with 4 stations/terminals & 4 Epson printers & manuals
(3) Hypercom credit card terminals
(3) Panasonic Viera 42” flat screen TV
(2) Sony 27” flat panel TV
Sony flat panel TV w/ Sony surround sound system
Westinghouse 32” flatscreen TV
Colby 19” flatscreen tv
Bunker Hill security system w/ 4 cameras & monitor
Stereo system, amp, CD player, SD splitter

SHELVING  – SUPPORT EQUIPMENT 
Many metro shelving
Carts
2 ½’x16” banquet plate cart
(9) chafers
Server trays
Tray stands
Heat lamps
Paper products
Many SS pots, pans & sheet pans
Numerous kitchen knives & utensils 
Restaurant supplies, salt & peppers
Silverware, glassware, plates & numerous items found in a restaurant !
10’x12’ portable utility shed
(29) 3’x3’ concrete blocks
Spice Market globe
Jim Beam lighted sign board

Late addition to the auction is the Brent Slocum "Racing with the Angels" hood signed by drivers.  
100% Proceeds going the Brent Slocum scholarship fund.  See picture gallery.

Please Note: It is the buyer’s responsibility to remove items from premises, all items to be removed on auction day.  Larger items have until Wednesday, October 8th at 5pm to be removed, unless prior arrangement has been made with owner.

Owners: 61 Chop House - Terry Reis & Lori Denney

James W. Miller – Attorney

For information contact Nate Larson or Chris Richard at

Steffes Group 319.385.2000

Downloads:
Catalog
Day of Auction Contract