NORTHBROOK, Ill., March 29, 2021 /PRNewswire/ — Hilco Real Estate LLC announces a live auction on Wednesday, April 28 for the sale of two bluestone quarries in Susquehanna County, Pennsylvania. The two sizable tracts total 905± acres, which the Seller has agreed to sell to the highest bidder at or above the minimum bids of $500,000 per site.
Located in the heart of Pennsylvania’s productive bluestone region, the Lanesboro tract is approximately 500 acres and the New Milford tract is approximately 437 acres. These properties have significant bluestone reserves and include ready-to-mine quarries featuring easy access to the entire northeast. The stone meets PENNDOT and NJDOT cycle sodium soundness test standards and was previously approved under former ownership. The sale includes transferable quarry and mining permits and provides an opportunity to become one of the largest Pennsylvania bluestone operators in the region. The property sits just two miles from Route 171 and roughly six miles from Interstate 81 and is accessible to several arterial roadways, including Route 79 and Route 92, as well as rail centers in Philadelphia, New York and New Jersey, and numerous ports along the eastern shore. With proximity to major interstates and railroad lines, including potential direct access to the Norfolk Southern Line, transportation is quick and easy from the quarries to other areas of the country.
Historically known for building train parts, Susquehanna County is more…
