ABSOLUTE COMMERCIAL REAL ESTATE AUCTION - YORK, NE

SOLD – $176,000.00

ABSOLUTE COMMERCIAL REAL ESTATE AUCTION

110 MARQUIS AVENUE, YORK, NEBRASKA

TUESDAY, NOVEMBER 10, 2015   @ 10:00 A.M.


PROPERTY PREVIEW DATES
MONDAY, OCTOBER 264-6PM & TUESDAY OCTOBER 279-NOON.

   MAIN COMMERCIAL BUILDING: 18,304 square feet of block construction; 12’ interior ceiling height; 3 phase electric; gas fired heat; electric air conditioning; includes two shop areas; well-type loading dock; drop ceiling and fluorescent lighting; two bathrooms; several overhead doors.

STORAGE BUILDING: 75(w) x 40(d) x 16’(h) steel frame storage building with 12’ (high) sliding doors.

CANOPY: 75 x 40’ steel canopy approximately 16’ in height.

SITUS:  4.8 acres per York County Tax Records – Located at northwest corner of North Lincoln and Marquis Avenue.  Level lying site.  593’ frontage on North Lincoln by 351’ depth on Marquis.  Access from Marquis Avenue.  Site has natural gas, 3-phase electric, 30-40 car concrete parking lot, additional hard surface areas, chain link fenced secure area.

Environmental information: See attached the Analytical Report plus “No Further Action” letter from Nebraska Department of Environmental Quality.

TAXES:  Assessed valuation $414,504; Taxes $7,749.86; Tax year 2015.


AUCTION TERMS & CONDITIONS: This is an Absolute Auction.  Property sells to the highest bidder. The auction will be simulcast with “live” on-site bidding and on-line bidding powered by Proxibid. 

TERMS OF CONTRACT: A 10%  Buyer’s Premium will be added to the high bid amount to arrive at the contract purchase price; Buyer and Seller will enter in to a Real Estate Sale Agreement immediately after auction calling for 10% of the contract sales price to be paid at signing by personal or company check payable to First American Title.Closing within 30 days of signing of the contract; taxes pro-rated to the date of closing; buyer and seller to divide reasonable closing fees; Restrictive covenant applies.  

AS-IS, WHERE-IS, NO CONTINGENCIES: Property is being sold “AS-IS, WHERE-IS and SUBJECT TO ALL FAULTS.” The contract is for “CASH” and there are no contingencies for financing or inspections. Financing arrangements or due diligence by Buyer(s) must be conducted prior to the auction.

All announcements made day of sale take precedence over advertising, written or oral.  The information contained within is believed to be accurate.  However, no liability for accuracy, errors or omissions is assumed by the seller, Central States Land & Auction, LLC, it’s employees or contractors.  All measurements are per assessor records.  Buyers should verify all information to their own satisfaction.  There are no warranties pertaining to this property except as to title.  

ONLINE BIDDING: MUST register with Proxibid and Central States Land & Auction by Monday, November 9th at 12(noon) in order to be properly vetted. A $10,000.00 cashier’s check or bank money order payable to Central States Land & Auction, LLC – Trust Account, must be received in order for on-line bidding. If on-line bidder is successful, these funds will be applied toward the 10% down payment as required in the purchase contract.  There will be an additional 1% fee applied to the Buyer’s Premium  (total buyer’s premium of 11% applies to on-line bidders).  Funds of any unsuccessful on-line bidders will be returned by registered mail on Friday, November 13th, 2015.

Sold Live On Site + Internet AUCTION

begins...
November 10th, 2015
10:00am

ends...
November 10th, 2015
11:00am

auction held at...
110 Marquis Avenue
York, Nebraska 68467