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AmeriBid LLC to Conduct Auction of Operational Marina and Development Land

GUN BARREL CITY, Texas, Jan. 15, 2013 (GLOBE NEWSWIRE) -- AmeriBid LLC (www.AmeriBid.com) announces the auction of an operational marina and development land located on Cedar Creek Lake. Known as Big Chief Marina, it is the longest continually operating business on the lake. "This is a one-time chance to own an operating business with the added bonus of scarce lakefront property. The property is located in a prime location on 'the' premier lake of Dallas; this is truly the place to be," comments Stephen Karbelk, Co-Chairman and Founder of AmeriBid. "It is an excellent and attractive business and real estate opportunity for anyone." The property will be auctioned in two lots on Tuesday, February 12th, 2013 at 1:00 PM CST at 111 Big Chief Drive, Gun Barrel City, TX 75156.

The property is situated on a total of 4+/- acres with a total of 14,220+/- square feet of structures. Lot 1, known as Big Chief Landing, is known for having one of the deepest and easily accessible boat ramps on the lake. It has been a source for watercraft rental, fishing, overnight accommodations and more for many years. The lot includes a 1,250+/- square foot store, a 900+/- square foot live bait storage building, and a 4,880+/- square foot lake front motel. It also includes a gasoline dock for watercraft that operates 24 hours a day with pay by credit card at the pump, and a 5,400+/- square foot restaurant/lobby. All this sits on 1.6+/- acres, so there is room for expansion!

The second lot available is a 2.4+/- acre parcel of development land that is located adjacent to the Marina on Cedar Creek Lake. It is one of the last remaining commercially zoned development sites on the lake and includes a 900+/- square foot motel and a 1,200+/- square foot duplex with two rooms.

Both lots are unique in that they are ideally situated with both lake and highway access. Big Chief Marina is located in a wet area, so a business that serves liquor would be allowed and likely highly successful.

Included in the auction day procedures, but selling separately are personal property items such as pontoon boats, personal watercraft, water toys, lawnmower, tractor, restaurant equipment, collectibles from the past years of operation, and more.

Broker participation is encouraged. Properties may be inspected during scheduled previews or by appointment. For more details on how to receive the property information package and complete terms, please visit www.AmeriBid.com or call 877-895-7077.

Headquartered in Tulsa, Okla., AmeriBid is the premier global real estate auction leader specializing in the sale of commercial and residential real estate, land properties and other assets for lenders, servicers, receivers, bankruptcy attorneys, estates, private owners, investment companies and local, state and federal government agencies.

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CONTACT: Media Contact: John Pellow 877.895.7077

Source: AmeriBid