Biello Auto Parts, 7875 Mill Road in Elkins Park, will host a live commercial auction on Saturday, March 23 at 11:00am.
The business will be sold in its entirety, including the property, business name and website. Current parts and vehicle inventory will be included with the sale.
A property preview and inspection will be held on Wednesday, March 6 from 12:00pm – 4:00pm.
Biello has been family-owned and operated since 1937.
Property Description
Office building with multiple small warehouses and excess land operating an auto salvage business. Situated on 0.89+/- acres.
Highlights
Frontage (Approximate) – 132’ Church Rd / 200’ Mill Road
Large outdoor area for parking/material storage
Access – One curb cut
Real Estate Taxes – $15,791 (2023)
Zoned R3-Residential District – with use variance for salvage yard
Traffic Counts on Church Road – 12,545 VPD
Auction Terms
6% buyers premium, 15% deposit due on Auction Day, settlement in 45 days. The auction is being hosted by Ken Geyer Real Estate Auctioneers, Inc.
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