Name Absolute Commercial Real Estate Auction
Auctioneer Don Smock Auction Company
Date(s) 10/25/2016
Location 2021 Cedar Crest Drive
Kokomo, IN 46902
Buyer Premium A Buyer's Premium may be added to this bid if it is successful.
Description
Bank Ordered Absolute Commerical Real Estate Auction OPEN HOUSE Oct 18, 1-4 PM Auction Starts @ 2:00pm Site Description: Zoned: C-2 Commercial Acres: 5.13 +/- Gross Acres Front Footage: Approximately 494 SQ FT on Saratoga; 209 SQ FT on Boulevard Great Access to US 31 and State Rd 931 Topography: Basically Level Environmental Hazards: None Known; Environmental Report Available Street Surface: 2 Lane Asphalt Paving Sidewalk: Yes Utilities: All Available Sanitary Sewer: Yes Located Off: Intersection of E. Boulevard Street and Saratoga Avenue Building Description: Built: 1960 Square Footage: 25,356 One Level Exterior Walls: Concrete Block Interior Walls: 5/8" Sheet Rock and Exposed Walls and Ceilings Ceiling Height: 14 Estimated Feet Ceiling: Exposed to Roof(Batt Insulation) Over Bowling Alley, Drop Ceiling Over Remaining Roof: Rubber Membrane Plumbing: Men's and Women's Baths/Locker Rooms Electrical: 600 Amp/Three Phase HVAC: Package HVAC Unit for Entire Building Yard Improvements: 100,000+/- SQ FT Asphalt Drive Full Commercial Kitchen Restaurant and Bar Area Includes Shop Area with Unisex Restroom Parcel Number: 34-10-05-377-010.000-002 Taxes: $8,003.76 Semi-Annually Sewer Installment Tax $1,059.33 Annually
Viewings by Appointment Only TERMS OF AUCTION: Real Estate sells Absolute. 10% Down Day of Sale, NON-REFUNDABLE. Purchase Agreement completed day of sale, Balance due at Closing. Unless otherwise stated all sales close within 30 days. Possession at closing. SALE IS NOT CONTINGENT ON BUYERS PRE-APPROVAL. COME DAY OF SALE WITH FINANCING SECURED. Buyers Premium: 10% added Total Sale Price. NO WARRANTY: The descriptions of items appearing in advertising prior to this auction are believed to be correct. Nevertheless, neither those descriptions nor any oral statements made by Owner, its Officers, Agents and Employees of Auctioneer concerning any item shall be construed as a warranty, either express or implied AS TO THE CONDITION OF THE PROPERTY. PROPERTY AND BUILDINGS SOLD AS IS - WHERE IS with absolutely no expressed or implied warranty whatsoever. I, the Buyer, have examined this property and accept it the way it is and by execution herein below I waive and disclaim any express or implied warranties, including but not limited to, fitness for a particular purpose; UCC warranties and manufacturer's warranties. Further, it is the sole responsibility of the Buyer to verify the viability of any item purchased. ALL ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER ANY PRINTED MATERIAL.