UPPER DUBLIN TWP., PA-The Dresher Inn at 1708 Limekiln Pike, which was tied up in the estate of its late-owners for several years, has been put up for auction. While its exact date of construction is not known, the now-vacant building is believed to date back to the early 1700s and ceased operation as a tavern in the mid 1990s.

The auction process is being handled by Willow Grove-based Bounds Auction and will take place on Jan. 18, 2007.

Omar Bounds, who heads the auction firm and is an appraiser, tells GlobeSt.com, “because of the unique nature of this property, it is going out for bid unappraised. Any appraisal would be a boldface guess. We expect to get $1 million or better.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.