Lot # : 1 - COMMERCIAL BLDG. - TIRE SHOP/GARAGE

Online Only Auction
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Russell Springs, KY 42642
Date(s)
8/1/2022 - 8/31/2022
AUCTIONEER INFORMATION
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Bidding Notice:

ONLINE BIDDING ONLY 10% BUYER'S PREMIUM

Auction Notice:

ONLINE BIDDING ONLY 10% BUYER'S PREMIUM

Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead COMMERCIAL BLDG. - TIRE SHOP/GARAGE
Description
COMMERCIAL BLDG. - TIRE SHOP/GARAGE - RUSSELL SPRINGS, KY. Online Only Auction ending on Wed. August 31st at approx. 6:00 p.m. EDT.  This 2,500 square feet steel building has a full concrete floor, two bays capable of holding 4 vehicles, two vehicle lifts along with an office space and three bathrooms.  Nice size lobby at the front of the building with office space to wait on customers.  Down the hall are two restrooms with a third being in the work area at the back of the building.  Both bays span the entire length of the building (50') with one bay having a 9,000 lb. lift and the other a 12,000 lb. lift.  Insulated steel structure built in 2008 with drains in the concrete floor along with an EPA certified oil/water separator tank outside of the building.  All electric is run in conduit with air and water hoses ran throughout the building.  A large storage loft is located on the second level of the office and was used for tire storage in the past.  Located right on US 127 just a couple miles north of the city of Russell Springs gives an ideal location for a business.  For more information on this property or with assistance placing your bid call us at 606-787-8391.
Name 2,500 SQ.FT. COMMERCIAL BLDG. - TIRE SHOP/GARAGE
Auctioneer
United Country - Country Living Specialists Inc.
Type Online-Only Auction
Date(s) 8/1/2022 - 8/31/2022
Auction Date/Time Info
8/1/22 8:00am edt to 8/31/22 6:00pm edt
Preview Date/Time Call for Showing
Checkout Date/Time 8/31/22 6:00pm edt
Location
2100 N. US 127
Russell Springs, KY 42642
Buyer Premium 10% BUYER'S PREMIUM ADDED TO WINNNG BID
Description
COMMERCIAL BLDG. - TIRE SHOP/GARAGE - RUSSELL SPRINGS, KY. Online Only Auction ending on Wed. August 31st at approx. 6:00 p.m. EDT.  This 2,500 square feet steel building has a full concrete floor, two bays capable of holding 4 vehicles, two vehicle lifts along with an office space and three bathrooms.  Nice size lobby at the front of the building with office space to wait on customers.  Down the hall are two restrooms with a third being in the work area at the back of the building.  Both bays span the entire length of the building (50') with one bay having a 9,000 lb. lift and the other a 12,000 lb. lift.  Insulated steel structure built in 2008 with drains in the concrete floor along with an EPA certified oil/water separator tank outside of the building.  All electric is run in conduit with air and water hoses ran throughout the building.  A large storage loft is located on the second level of the office and was used for tire storage in the past.  Located right on US 127 just a couple miles north of the city of Russell Springs gives an ideal location for a business.  For more information on this property or with assistance placing your bid call us at 606-787-8391.
TERMS AND CONDITIONS: A 10% non-refundable deposit will be due within 24 hours of sale with balance due on or before 45 days from sale date. Buyer shall make this down payment by either approved check or wire transfer. All wiring fees shall be paid for by the buyer. This property is being sold "AS IS, WHERE IS" with no warranties expressed, written or implied. This is an online-only auction that will be ending Wednesday August 31st, 2022 at 6:00 P.M. EDT with a soft close. The property will be sold subject to seller's confirmation (sells with reserve). BUYER'S PREMIUM: A 10% buyer's premium will be added to the winning bid to determine final sales price. Seller reserves the right to cancel this auction at any time prior to the final bid closing. PROPERTY TAXES: Property taxes for 2022 will be prorated day of closing. Closing is NOT contingent upon inspections, appraisal or financing so be sure you have arranged for payment prior to bidding. Possession shall be given at final closing. If you are the successful bidder and seller has confirmed the sale, you will be required to fill out an Auction Sales Contract immediately after being declared the winning bidder. This can either be done at our office or by electronic signature. Each bidder is responsible for conducting their own inspections of the property prior to close of auction. Property is being sold AS IS. All information gathered for this auction is believed to be true but not guaranteed. CURRENCY TYPE: USD SOFT CLOSE: Closing will begin on August 31st @ 6:00 P.M. EDT.  If the property receives a bid within the last 2 minutes, then the close time will be extended 2 minutes from the time the bid is placed. The time will continue to extend for 2 minutes with each newly placed bid and the property will not close until 2 minutes have elapsed with no additional bid activity. This eliminates bidders bidding at the last second from our auctions. AUCTION LOCATION: Internet Online Only. All announcements made day of sale take precedence over written or printed material.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% BUYER'S PREMIUM ADDED TO WINNNG BID
Payment Terms
10% DOWN DAY OF SALE BALANCE DUE ON OR BEFORE 45 DAYS FROM AUCTION DATE
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