Lot # : 1 - Units 36, 38, 40 and 42 Produce Row

Online Only Auction
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Price Realized Not Available
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Reserve Not Met
St. Louis, MO 63102
Date(s)
1/28/2018 - 2/28/2018
AUCTIONEER INFORMATION
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Bidding Notice:

Online Bidding will be provided via Hibid. Please note: Bidders may receive a "may have won" notification after the auction ends. In the event of an internet outage, the Auctioneer would have to reopen the bidding because it's an online-only auction.

Information
Lot # 1
Lead Units 36, 38, 40 and 42 Produce Row
Description
This is your chance to own a piece of St. Louis's historic Produce Row. This location right next to HWY 70 and close to HWY 55, 44, and 40. It is the perfect location for a wholesale produce, trucking business, or a just a business needing great highway access and the security of a guarded lot located in the center of America. This space has racking, refrigeration, office space, 4 truck docks with overhead doors and dock-levelers. You get ready access to the biggest produce buyers in the St. Louis area. According to the Market's Website, "The government survey shows that Produce Row is a $100,000,000 business. It employs 1200 people, requires 350 trucks, while 1500 buyers a day come to the Market." This property is selling by auction and give you the opportunity to name your own price on this great space. The units include 3 refrigerated units, and a dry storage unit. 1 has racking. There are 8 dock doors (5 with levelers), 3 bathrooms, a staging trailer is attached and comes with the property. Ownership in produce row is by stock. The winning bidder will be purchasing units 36, 38, 40 and 42. The listed price is the opening bid, the property sells with a reserve. There is a 10% buyer's premium and a $5,000 non-refundible deposit will be required from the high bidder.
Name 36-42 Produce Row
Auctioneer
Coast 2 Coast Auctions
Type Online-Only Auction
Date(s) 1/28/2018 - 2/28/2018
Auction Date/Time Info
Auction begins to close at 1pm cst on 2/28/2018
Preview Date/Time By Appointment.
Checkout Date/Time High bidder must meet with autioneer on 3/1/2018 to sign the purchase agreement and tender their non-refundible deposit.
Location
36-42 Produce Row
St. Louis, MO 63102
Buyer Premium There is a 10% Buyer's Premium
Description
This is your chance to own a piece of St. Louis's historic Produce Row. This location right next to HWY 70 and close to HWY 55, 44, and 40. It is the perfect location for a wholesale produce, trucking business, or a just a business needing great highway access and the security of a guarded lot located in the center of America. This space has racking, refrigeration, office space, 4 truck docks with overhead doors and dock-levelers. You get ready access to the biggest produce buyers in the St. Louis area. According to the Market's Website, "The government survey shows that Produce Row is a $100,000,000 business. It employs 1200 people, requires 350 trucks, while 1500 buyers a day come to the Market." This property is selling by auction and give you the opportunity to name your own price on this great space. Ownership in produce row is by stock. The winning bidder will be purchasing units 36, 38, 40 and 42. The listed price is the opening bid, the property sells with a reserve.
By bidding in this auction you have indicated that you understand and agree to these terms and condtions. This agreement is between you and Coast2Coast Auctions and Realty LLC (hereafter Coast2Coast). The property in this auction sells with a reserve. There is a 10% buyers premium. A $5,000 non-refundible deposit will be required from the high bidder. The bidder must close on the property withing 45 days from the end of the auction or they will forfeit their non-refundible deposit. Coast2Coast does not promise, guarantee or warrant Your business success, income, or sales. You understand and acknowledge that Coast2Coast will not at any time provide sales leads or referrals to You. Additionally, Coast2Coast’s WEBSITES AND SERVICES ARE PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. Coast2Coast MAKES NO REPRESENTATION OR WARRANTY AS TO THE ACCURACY, RELIABILITY, TIMELINESS OR COMPLETENESS OF ANY MATERIAL ON OR ACCESSIBLE THROUGH ANY Coast2Coast WEBSITE OR SERVICE. ANY RELIANCE ON OR USE OF SUCH MATERIALS SHALL BE AT YOUR SOLE RISK. Coast2Coast MAKES NO REPRESENTATION OR WARRANTY (A) THAT ANY Coast2Coast WEBSITE OR SERVICE WILL BE AVAILABLE ON A TIMELY BASIS, OR THAT ACCESS TO ANY Coast2Coast WEBSITE OR SERVICE WILL BE UNINTERRUPTED, ERROR-FREE OR SECURE; (B) THAT DEFECTS OR ERRORS WILL BE CORRECTED; OR (C) THAT ANY Coast2Coast’s WEBSITE OR THE SERVERS OR NETWORKS THROUGH WHICH ANY Coast2Coast’s WEBSITE IS MADE AVAILABLE ARE SECURE OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU. ALL MATERIALS, INFORMATION, SOFTWARE, PRODUCTS, AND SERVICES INCLUDED ON OR AVAILABLE THROUGH Coast2Coast’s WEB SITE OR 3RD PARTY WEB SITES (THE “CONTENT”) ARE PROVIDED “AS IS” AND “AS AVAILABLE” FOR Coast2Coast’s AND BIDDERS USE. THE CONTENT IS PROVIDED WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NONINFRINGEMENT. Coast2Coast DOES NOT WARRANT THAT THE CONTENT IS ACCURATE, RELIABLE OR CORRECT; THAT THE WEB SITE/SITES OR PHONE LINES, WILL BE UNINTERRUPTED, ERROR FREE, OR AVAILABLE AT ANY PARTICULAR TIME OR LOCATION; THAT ANY DEFECTS OR ERRORS WILL BE CORRECTED; OR THAT THE CONTENT IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. THE USE OF THE WEB SITE IS SOLELY AT YOUR RISK, AND BIDDERS RISK.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 27.50 2.50 USD
27.51 - 145.00 5.00 USD
145.01 - 440.00 10.00 USD
440.01 - 1,975.00 25.00 USD
1,975.01 - 7,400.00 100.00 USD
7,400.01 - 14,750.00 250.00 USD
14,750.01 - 49,000.00 1,000.00 USD
49,000.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium There is a 10% Buyer's Premium
Payment Terms
High bidder must close on this property in cash by 45 days after the auction.
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