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Burhans Station restaurant sold

November 30, 2009|By DAN DEARTH

HAGERSTOWN -- The Burhans Station restaurant in Hagerstown was sold at auction Monday afternoon to a Pennsylvania businessman.

Angelo Scavone of Huntingdon County, Pa., bought the building, chairs, tables, televisions and everything else that was inside the former Burhans Station for $200,000. He will pay an additional $20,000, or 10 percent, commission to American Auctions & Appraisals Inc. of Westminster, Md.

Scavone said after the auction that he intends to open a restaurant that serves American and Italian cuisine.

"This is going to be a family restaurant," Scavone said. "I'll probably open after the new year."

Scavone said he operates Italian restaurants in Pennsylvania. He said he plans to employ an undetermined number of local residents to help operate the business.

Scavone admitted that he got a good deal on the property, which is at 301-307 S. Burhans Blvd. East.

The $200,000 purchase price was well below the property's assessed value of $641,900, according to state tax records.

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Auctioneer Carl B. Miceli started the bidding at $500,000. It fell to $400,000, and then dropped in $25,000 increments until Scavone offered $200,000.

"This is way below what the property is worth," Miceli said. "This was a steal."

Miceli said the purchase also included two upstairs apartments that rent for $775 and $875 per month.

"This could be a moneymaker right off the bat," Miceli said as he was soliciting bids.

Pat Amatucci, the former owner of Burhans Station, said he opened the business in 2001 and recently closed because of the sluggish economy.

"(The purchase price) wasn't what I was after, but I can live with it," he said.

He said he started a new business venture last week at 1644 Wesel Blvd. The business, Wesel Boulevard Cafe and Liquors, sells soups, sandwiches, salads and carryout liquors.

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