More Information
This is a Commercial Real Estate Public Auction with a 10% Buyer’s Premium or $5,000 (whichever is greater). The apartment units need to be totally renovated yet the retail space is nearly turnkey. The retail space is approximately 1,000 square feet with public restrooms available and a private office. The retail space has all working mechanicals including a forced air furnace.
Terms and conditions:
This property sells at Public Auction with a 10% buyer’s premium or $5,000 whichever is greater. The winning bidder will deposit 10% of the total purchase price which is non-refundable. The winning bidder will also close the transaction within 30 days of the live auction event.
Lot Size: 4 apartment units and 1 retail space approx 1,000 square feet
Annual Taxes: $ 720
Property Map
Basic Terms:
Sells at Public Auction. In order to bid you must bring a personal or business check made payable to "First American Title Company" to pay the required 10% of total purchase price deposit which is non refundable. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium or $5,000 whichever is greater will be added to the high bid to obtain the final contract selling price. Buyer pays applicable closing costs. Deed given at closing with no liens or back taxes.
Deposit and Closing:
Within 30 days of the live auction event.
Realtor Participation:
Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.