ON LINE ONLY - COMMERCIAL REAL ESTATE W/LAND

Bid-N-Buy Realty & Auctions, Inc.

 

Date(s) 9/13/2017 - 10/15/2017

INTERNET ONLINE AUCTION ONLY - AUCTION IS NOW OPEN AUCTION ENDS SUNDAY EVENING OCTOBER 15TH AT 6:00 PM

Past Auction
Online-Only Auction
Bidding Notice:

ALL BIDS ARE LEGAL AND BINDING. PLEASE ONLY BID TO THE AMOUNT THAT YOU HAVE LIQUID OR PRE-ARRANGED FUNDS AVAILABLE. THE DEPOSIT IS NON-REFUNDABLE

Auction Notice:

THIS IS AN ONLINE AUCTION ONLY. THIS IS A SOFT CLOSE AUCTION. IF SOMEONE BIDS DURING THE LAST 5 MINUTES, THE CLOSING IS DELAYED BY 5 MINUTES.

Auction Information
Name ON LINE ONLY - COMMERCIAL REAL ESTATE W/LAND
Auctioneer
Type Online-Only Auction
Date(s) 9/13/2017 - 10/15/2017
Auction Date/Time Info
INTERNET ONLINE AUCTION ONLY - AUCTION IS NOW OPEN AUCTION ENDS SUNDAY EVENING OCTOBER 15TH AT 6:00 PM
Preview Date/Time OPEN HOUSE - MONDAY SEPTEMBER 25TH 4:00 TO 6:00 PM OPEN HOUSE - TUESDAY OCTOBER 10TH 4:00 TO 6:00 PM
Checkout Date/Time CONTRACTS MUST BE SIGNED AND DEPOSIT MADE ON MONDAY OCTOBER 16TH AT 12:00 NOON
Location
Buyer Premium 13% BP (3% Discount for cash or check)
Description
THIS PARCEL OF PROPERTY OFFERED FOR SALE INCLUDES A 140' X 70' CONCRETE BLOCK BUILDING WITH ADDITIONS ON THE EAST AND SOUTH SIDE. THE PROPERTY IS PRESENTLY USED AS A SKATING RINK. BUILDING SETS ON TWO PARCELS OF LAND W/APPROX. 3.97 ACRES. UTILITIES INCLUDE ELECTRIC, WELL & SEPTIC W/UPDATED OIL FURNACE. (THERE IS ALSO A BACK UP WOOD FURNACE) - THERE IS AN OFFICE, 2 REST ROOMS, LUNCH AREA AND AN AREA USED AS A GAME ROOM. THIS IS A CLEAR SPAN BUILDING W/CONCRETE BLOCK WALLS, CONCRETE FLOOR PRESENTLY COVERED WITH HARDWOOD FLOORING, QUANSIT STYLE METAL ROOF ABOVE THE BLOCKS. (INTERIOR HEIGHT OVER 10'). THE BUILDING IS IN OVERALL GOOD CONDITION BUT DOES HAVE SOME MINOR WATER LEAKS. THE PROPERTY IS PRESENTLY USED AS A SKATING RINK AND SALE WILL INCLUDE ALL THE PERSONAL PROPERTY INCLUDING SEVERAL POOL TABLES, QUANTITY OF SKATES, NETS, SEVERAL ARCADE GAMES, POPCORN MACHINE, SS SINK, DEEP FRYER AND MORE. THE BUILDING WOULD WORK WELL IF BUYER WANTS TO CONTINUE USE AS A ROLLER SKATING RINK, CAMPER, BOAT, AUTOMOBILE OR HOUSEHOLD STORAGE, MACHINE SHOP, MECHANIC OR DETAIL SHOP, WOOD WORKING OR MANY OTHER USED. THE BUILDING HAS HUGH POTENTIAL FOR SOMEONE LOOKING TO GROW. THIS PROPERTY IS FOR SALE WITH ONLINE BIDDING ONLY. THE OWNER CAN NO LONGER MAINTAIN THE PROPERTY AND DECIDED TO SELL THE PROPERTY ABSOLUTE TO THE HIGHEST BIDDER WITH A LOW STARTING BID OF $40,000.00. (LAND, BUILDING AND ALL THE PERSONAL PROPERTY!) THERE WILL BE A 10% BUYER PREMIUM OVER AND ABOVE THE FINAL BID TO DETERMINE THE FINAL PURCHASE PRICE. $5,000.00 NON REFUNDABLE DEPOSIT AT THE CLOSE OF THE AUCTION AND CLOSING TO BE IN APPROX. 30 DAYS. SEE TERMS & CONDITIONS - PLEASE ONLY BID IF YOU HAVE LIQUID FUNDS AVAILABLE TO PURCHASE. UPDATE: BID-N-BUY REALTY WILL START THE BIDDING AT A $30,000.00 AND ALLOW POTENTIAL BIDDERS THE OPORTUNITY TO BID ALLOWING THE OWNER TO ACCEPT OR REJECT THE TOP BID BUT KNOWING THE PROPERTY WILL SELL ABSOLUTE AT $40,000.00 AND SELLS SUBJECT TO APPROVAL FOR LESS. THANK YOU AND GOOD LUCK BIDDING.
THIS PROPERTY IS FOR SALE WITH ONLINE BIDDING ONLY. THE OWNER CAN NO LONGER MAINTAIN THE PROPERTY AND DECIDED TO SELL THE PROPERTY ABSOLUTE TO THE HIGHEST BIDDER WITH A LOW STARTING BID OF $40,000.00. (LAND, BUILDING AND ALL THE PERSONAL PROPERTY INCLUDED!) SELLER WILL PROVIDE GOOD AND CLEAR TITLE ALONG WITH UPDATED ABSTRACT. PROPERTY SELLS AS DESCRIBED BY THE TWO TAX MAPS. (EXISTING SURVEY IF AVAILABLE.) ANY REQUIRED PERMITS AND OR REQUIRED REPAIRS WILL BE THE SOLE RESPONSIBILITY OF THE BUYER. THERE WILL BE A 10% BUYER PREMIUM OVER AND ABOVE THE FINAL BID TO DETERMINE THE FINAL PURCHASE PRICE. $5,000.00 NON REFUNDABLE DEPOSIT AT THE CLOSE OF THE AUCTION AND CLOSING TO BE IN APPROX. 30 DAYS. SEE TERMS & CONDITIONS - PLEASE ONLY BID IF YOU HAVE LIQUID FUNDS AVAILABLE TO PURCHASE. IF YOU HAVE ANY QUESTIONS FEEL FREE TO CALL MIKE WHALEN @ 585-737-8705
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,000,000.00 250.00 USD
9,000,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 13% BP (3% Discount for cash or check)
Payment Terms
$5000.00 N0N-REFUNDABLE DEPOSIT DUE BY MONDAY OCT. 16TH, 12:00 NOON. BALANCE OF THE PURCHASE PRICE WILL BE DUE IN APPROXIMATELY 30 DAYS.
N/A
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.