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Friday, May 24, 2013

Internet Auction Planned For WOC Property

WEST OCEAN CITY -- A vast West Ocean City multi-family rental complex and associated restaurant site known for decades as the Villanova community will be put up for sale next month with an Internet-only auction.

The somewhat historic mixed-use, income generating property will be sold via a one-day Internet-based auction by the Max Spann Real Estate and Auction Company beginning Wednesday, June 19 at 1 p.m. and concluding at the same time on the next day, Thursday, June 20. The entire auction will be conducted online and there will previews to provide potential buyers with a tour held on May 29, June 7 and June 14.

The property includes 27 year-round cottages along with eight apartment units and the large restaurant facility currently home to the Station 7 Bar and Grill. For decades, the site housed the old Villanova bar and for years hosted the 707 Bar and Grill. The new ownership opened Station 7 on the site last fall. The 27 year-round cottages, eight additional apartments and the restaurant were all completely renovated in recent years.

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3 comments:

  1. Station 7 knew this going in?

    ReplyDelete
  2. burbage sold out villanova eh? classic.

    ReplyDelete
  3. I will place my bid of $100.00

    ReplyDelete

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