15+/- Acres with Commercial Bldg & Personal Property at Absolute Live Auction

Absolute Auction of Commercial Building and 13.44 acres in Tracts
And Personal Property
313 West Racetrack Road
Somerset, KY 42503
Saturday May 13th, 2023 at 10:30am

Don't miss out on this prime auction opportunity! Up for sale is a well-located property with endless possibilities. Situated just off Hwy 27 and the future I-66 corridor, this property is perfect for a sporting venue, event center, business venture, warehouse, storage units, or as a long-term investment.

Tract #1: 1.11 acres along West Racetrack Road, featuring over 700 feet of road frontage and a concrete pad measuring approximately 60ft x 100ft. This tract is ideal for storage units or building your own structure.

Tract #2: 2.26 acres at the intersection of West Racetrack Road and Laramie Drive, with 599-feet of frontage on West Racetrack Road and 185-feet along Laramie Drive. This versatile tract offers multiple possibilities.

Tract #3: 2.33 acres along Laramie Drive, boasting a prime location and 506-feet of frontage. Perfect for your business, storage facility, or as a future investment 

Tract #4: 1.17 acres along West Racetrack Road, featuring a building with over 7,000 square feet of enclosed space and three 14-foot garage doors for easy access. With its convenient location, this tract offers endless possibilities.

Tract #5: 2.52 acres fronting a proposed future road, making it an excellent addition to Tract #4. This tract is perfect for warehousing and offers lots of potential.

Tract #6: 4.05 acres along West Racetrack Road, the largest of the tracts with multiple use sites. It could also be combined with Tracts #4 and #5 for warehousing or other purposes.

When combined, these tracts offer a total of 13.44 acres with tons of possibilities. With its proximity to Hwy 27 and the Parkway interchange, this property could be the golden opportunity you've been looking for. Don't miss out on this prime investment!

Personal Property to be auctioned: 

Vintage Lantern *Cookie Jar* Old Trunk*Hand tools *Grinder * Drill *Table * Ladder Back Chairs* Chest of Draws *Buffett * Hall Tree * Baby Bed *Love Seat *Ladder * Heavy shelving * Lighter shelving *Drop Leaf Table *Various Decorative Wreaths *Wicker Set *Table and Chairs *Bookshelf *Books *Wardrobe *Wheel Barrell *Chandler *Futon *Clock * Grill *Exercise Equipment *Flower arraignments * Wall Décor * Dishes *Vintage Glass piggie bank *and more

TERMS: 20% down the day of the auction with the balance due in full within 30 day for the real estate.  All personal property items must be paid for in full the day of the auction with cash, check or major credit card in full.  All credit sales are subject to a 3% processing fee. . 

BUYER’S PREMIUM:  There will be a 10% buyer’s premium added to the last bid to determine the final sales price.

AUCTIONEER/BROKER/SELLER DISCLAIMER:   The information contained herein is believed to be correct to the best of the auctioneer’s knowledge.  The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine whether the information contained herein is accurate and complete.  The property is selling in its as-is condition with no warranties expressed or implied.

Announcements made the day of the auction take precedence over printed matter.

If you have any questions regarding the property, please contact us at 606-679-2212.

Mike Broughton/Matt Ford, Auctioneers