4A — October 12 - 25, 2012 — Mid Atlantic Real Estate Journal www.marejournal.com M ID A TLANTIC R EAL E STATE J OURNAL A UCTIONS
Bidding starts at $250,000 on property initially listed at $1.25 million Max Spann to sell historic Hopewell Homestead at Auction
opened in 1834, it stimulated business in the area. The com- plex was sold in 1841 to Jona- than Cowley, who immediately added two stories to the mill, giving it its current height. In the 1890s, the complex was purchased byWilfred Conover, who continued operations un- til World War I, when larger mills in the Midwest made the mill obsolete. The exterior of the stone home was recently renovated. A second post and beam home on the property was recently constructed. While the grist
mill is no longer in use, the building would make a fine of- fice as well as providing ample space for storage. The property also includes two lots along Jacobs Creek. The property is close to Hopewell, Princeton, Ewing and Lawrenceville as well as Route 31 and 95. To learn more about the property visit the Max Spann website to obtain a property information package. Preview the historic property at one of the open houses, attend the auction, and bid. ■
2012 at 2 p.m. on the property, located at 1200 River Road in Titusville. Bidding starts at $250,000 on the 8.1 acre homestead, which had been previously listed for $1.25 million. “This property is perfect for anyone who wants to own a piece of American history,” said Max Spann Jr. , presi- dent and CEO of the auction firm. Property previews have been scheduled from 4 to 6 p.m. on Tuesday, Oct. 16 and noon to 2 p.m. on Sunday, Oct. 21 and
Saturday, Oct. 27. The home and the grist mill, both built around 1739, reveal the origins and growth of the grist mill business in the Dela- ware Valley. The story begins in 1726, when Issac Smith received a land grant of 1,000 acres from the English Crown. He built a one-story mill and a two story house not long after. Known as the Somerset Roller Mills, it is believed to have supplied flour for the Continental Army during the Revolutionary War. When the Delaware Canal
ITUSVILLE, NJ — A historic, country-set- ting homestead fea-
turing a grist mi l l , stone house and a newl y con- structed post a n d b e am house along Jacobs Creek in Hopewell is to be sold at auction in November.
Max Spann Jr.
Max Spann Real Estate &Auction Co. has scheduled the auction for November 3,
Residential, Commercial & Industrial Auction Specialists!
Call us @ 800-584-1062
PREMIER REAL ESTATE AUCTION NATIONAL & HISTORIC LANDMARK PROPERTY The Fairfield Inn 1757 15 West Main Street, Fairfield, PA 17320 Saturday, November 3rd at 11AM
Property Inspection: Property will be open for guided tour Sun. Oct. 14th @ 1pm & 2pm. A Once in a Lifetime Opportunity to purchase a piece of history dating back to 1757! An American treasure The Fairfield Inn offers all the refinement & charm one would expect from a small luxury hotel. Individually decorated bedrooms, spacious private bathrooms, & elegant, tastefully furnished suites & parlors invite you to relax. To compliment the fine accommodations, there is the Mansion House Restaurant & Squire Miller's Tavern serving a wide selection of classically prepared & artistically presented dishes. Built 19 years before the signing of the Declaration of Independence, the Inn is steeped in history & has played host to many distinguished guests. Statesman Patrick Henry, Thaddeus Stevens, Generals Robert E. Lee and J.E.B. Stuart & the Eisenhower are just a few notable Americans who have visited throughout the last 4 centuries. Used as a Colonial Meeting House, Civil War Hospital, Stage coach Stop & as part of the Underground Railroad, The Fairfield Inn remains one of America's oldest, continuously operated Inns. This property is being put up for auction due to the seller’s retiring from the business. Visit our website www.fortnaauctioneers.com for more of the historical property information & photos.
Terms: A 10% buyer's premium will be added to final purchase price. Property is being sold completely turnkey including Liquor License, Name, Antiques, Equipment & Furnishings. Buyer would have to apply for liquor license with PLCB no later than 3 business days after the auction. Copy of application must be faxed to 717.867.5265. Settlement then takes place 30 days after final approval from PLCB.
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