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State-of-the-Art Steel Ice Center to Sell at Public Auction

Bethlehem, PA (PRWEB) June 6, 2008 -- Tranzon Alderfer (www.tranzon.com) A Sanford Alderfer Company will conduct the sealed bid auction of Steel Ice Center, 320 East First Street, in Bethlehem, according to Todd Umbenhauer, Vice President of Sanford Alderfer Real Estate

"It's easy to throw around superlatives like "state-of-the-art" facility, but in the case of the Steel Ice Center, it's completely accurate," said Umbenhauer.

Situated in the Lehigh Valley adjacent to the Sands BethWorks Development, the 67,260 square-foot sports and recreational center was built in 2003 on 3.5 prime acres.

"Sometime during our first year in real estate school we are taught the axiom "location, location, location" as it relates to the value of real estate," Umbenhauer said, "With it's proximity to the Sands BethWorks development, I would be hard pressed to identify a better location than Steel Ice Center."

This premier ice skating facility is home to many teams, clubs and organizations as well as public programs featuring figure skating, ice hockey, speed skating and recreational skating. The building includes two NHL sized surfaces 85' x 200', nine locker rooms with showers, full service pro shop, full kitchen with snack bar, six party/meeting rooms, heated seating area in rink, state-of-the-art sound system, and television monitoring system including seven additional TV monitors.

Steel Ice Center is a turn-key operation with over $1 million in equipment including two Zamboni ice surface machines, like-new restaurant equipment in the full commercial kitchen, ice skates, lockers, bleachers, tables, chairs and other related equipment.

"The demographics of the Lehigh Valley are a perfect fit for a facility like

this," Umbenhauer pointed out.

Just minutes from Routes 378, 22, 412, & I-78, this fully-equipped, one-story facility is located adjacent to BethWorks, a 163+/- acre development anchored by the 300,000 square-foot Sands Casino and 300-room hotel currently under construction. This Riverfront Renaissance District will serve as home to the National Museum of Industrial History, a retail mall, loft condominiums, restaurants, nightclubs and more.

Minimum starting bid for this property is $6.75 Million. Sealed bids are due by Tuesday, July 1, at 3 p.m.

For auction information package, terms and photos, visit

http://www.tranzon.com/Propertydetail.aspx?id=5879. For more information, call Todd Umbenhauer at 800-577-8845.

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