REAL ESTATE BANKRUPTCY AUCTION THE BAMBOO BAR! NEW DATE JUNE 24, 2020!

HOME OF THE FAMOUS SEASIDE HEIGHTS NIGHTCLUB BAMBOO BAR

LIVE ONSITE AUCTION WITH ONLINE BIDDING!! PRIME CORNER TO CORNER W/200' FRONTAGE ON THE BOULEVARD JUST 1 BLOCK FROM THE BOARDWALK $1,500,000 NOMINAL OPENING BID

Live On-site Auction with Online Bidding

Dates: WEDNESDAY JUNE 24, 2020 AT 1:00 PM

Location: 201 BOULEVARD SEASIDE HEIGHTS, NJ 08751

Online Bidding

Auction Description

NEW DATE ANNOUNCED

BANKRUPTCY AUCTION

BY ORDER OF EUGENE D. ROTH, ATTORNEY FOR THE CHAPTER 11 DEBTORS,
SADDY FAMILY, LLC AND LASV, INC.

HOME OF THE FAMOUS SEASIDE HEIGHTS NIGHTCLUB!

THE BAMBOO BAR

PRIME CORNER TO CORNER W/200′ FRONTAGE
ON THE BOULEVARD IN SEASIDE HEIGHTS

CORNER OF LINCOLN AVE. TO FRANKLIN AVE.

JUST 1 BLOCK FROM THE BOARDWALK

PROPERTY BEING SOLD AT PUBLIC AUCTION

JUNE 24, 2020 AT 1:00PM!

ON PREMISES:

BAMBOO BAR

201-203 BOULEVARD

SEASIDE HEIGHTS, NJ 08751

*SALE WILL BE HELD OUTSIDE
IN THE BAMBOO COURTYARD
FOLLOWING ALL SOCIAL DISTANCING GUIDELINES.

ONLINE LIVE SIMULCAST BIDDING WILL ALSO BE OFFERED.
CLICK HERE FOR ONLINE BIDDING

PREVIEW: JUNE 10TH & 17TH FROM 12 PM TO 2 PM AND JUNE 24TH FROM 12 PM TO 1 PM

$1,500,000 NOMINAL OPENING BID

PROPERTY INFORMATION:

21,712 sf. building built on concrete slab with attached open porch and wood deck.

200.00 feet of street frontage on Boulevard

154.50 feet of street frontage on Franklin Avenue

154.5 feet of frontage on Lincoln Avenue

LOT# 1

BLOCK: 11

COUNTY: Ocean

Zoned: RB (Retail Business)

Flexible Mixed Use

Land Dimensions: 200'×154.95'

(Approximately .709 Acres)

2019 TAXES: $46,364.87

CLICK HERE FOR VIDEO OF PROPERTY

ALSO AVAILABLE AT PUBLIC AUCTION

SAME TIME, SAME PLACE

• SEASIDE HEIGHTS LIQUOR LICENSE •

• KARMA NIGHT CLUB •

• (2) VACANT BUILDABLE LOTS •

AUCTIONEER’S NOTE 1: CLICK THE “MARKETING” TAB ABOVE TO SEE NEWS ARTICLES AND MEDIA COVERAGE OF THE FAMOUS SEASIDE HEIGHTS PROPERTIES.

AUCTIONEER’S NOTE 2: CLICK “DOCUMENTS” FOR ADDITIONAL INFORMATION INCLUDING BIDDERS PACKET, GENERAL INFORMATION AND TERMS & CONDITIONS

AUCTIONEER'S NOTE 3: ABSENTEE BID FORMS AVAILABLE UNDER "DOCUMENTS". AFTER FILLING OUT FORM, PLEASE CALL US TO START PROCESS.

Notes

**SALE WILL BE HELD OUTSIDE IN THE BAMBOO COURTYARD FOLLOWING ALL SOCIAL DISTANCING GUIDELINES. ONLINE LIVE SIMULCAST BIDDING WILL ALSO BE OFFERED, PLEASE CLICK THE "ONLINE AUCTIONS" TAB AT THE TOP OF THE PAGE.

Preview

WEDNESDAY JUNE 10, 2020 FROM 12PM NOON TO 2PM

WEDNESDAY JUNE 17, 2020 FROM 12PM NOON TO 2PM

WEDNESDAY JUNE 24, 2020 FROM 12PM NOON TO 1PM.

ALL OTHER INSPECTIONS/PREVIEWS BY APPOINTMENT ONLY.