Real Estate Auction
28430 State Highway 10
Walton, NY 13856

Income Produce

Location: 28430 State Highway 10, Walton, NY.  1.1 mile east of Walton. Watch for Auction Sign.

Monday     August 23rd      6 pm

The Estate of Marian Corey - Fountain
Known for years as the “Agway Carwash” because of its location just east of Walton on State Highway 10 beside what is now Suburban Energy.  This building featured large wash bays used predominately for trucks.   In years since, the bays have been enclosed with overhead doors and are now rented out as storage units.  However, the pumps and equipment from the carwash are still on the premises if someone wished to convert them back.  What many don’t realize, is that behind the storage units are 4 mobile home lots, 3 of which are now being rented.  Currently, the property has a net income of approximately $5,800 annually, including a couple vacancies. The property has many attractive features in addition to the revenue it produces.  The parcel of land itself has frontage on State Route 10 and extends all the way to the Delaware River, collectively, totaling 3.9 +/- acres.  It would lend itself well for a place to build a retreat cabin to reap the benefits of the Delaware River.  This is a unique property that should be very appealing to those looking for an investment as it is greatly outperforming the stock market and bank interest rates.

Auctioneer’s Note: This property is being sold to settle the Estate of Marian Corey - Fountain.  It has many positive attributes and should prove to be a solid investment for the future.

Real Estate Terms: $5,000 Deposit day of Auction, made by the highest bidder only.  Balance due at closing.

Open Houses: Wednesday, August 18th 5-6 pm, preview before the Auction starting at 4:30 pm, or by appointment