Retail Building w/ Approx. 4 Acres & Warehouse and Lot at Absolute Online Auction
Friday, November 3rd, 2023 at 1:30PM
Retail Building & 4 Acres - 1335 East Mt Vernon St. Somerset, Ky 42501
Warehouse Building - 1417 East Mt Vernon St. Somerset, Ky 42501
Preview: Thursday, October 26th, 203 from 3:00PM to 5:00PM
🏢 Explore Your Future Retail Space & Warehouse!
đź“Ť 1335 East Mt Vernon St. Somerset, KY 42501
✨ Retail Building & 4 Acres
Discover the perfect space for your business! This prime location is just inside the city limits of Somerset, offering quick access to downtown Somerset, E Hwy 80, and Hwy 914. With approximately 4 acres of land, there's ample room for storage and endless opportunities for your retail business. This property, previously a furniture store for over 50 years, holds the key to your successful future.
đź“Ť 1417 East Mt Vernon St. Somerset, KY 42501
✨ Warehouse Building
An older garage with a storied past! This building, once the storage hub for Burton & Poynter furniture store, is now looking for its next adventure. While it may need some repairs, its fantastic location is a gem waiting to shine once more.
Don't miss out on this exceptional auction. Mark your calendar for November 3rd, 2023, at 1:30 PM, and seize the opportunity to secure your business's future in Somerset. Your success story begins here!
REAL ESTATE TERMS:
Buyer's Premium: There will be a 10% Buyer’s Premium added to the winning bid to determine the final sale price.
REAL ESTATE TERMS: 20% of the total sale price down as a non refundable earnest money at the close of the auction. We do not accept a credit card for down payment. The balance of purchase price is due at closing, said closing to be within 30 days of close of bidding. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate.
This auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Contract for Sale of Real Estate.
GOOD INSURABLE GENERAL WARRANTY DEED AT CLOSING.
Real Estate Taxes and Closing Cost: All real estate taxes will be prorated for 2023. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan. The seller will pay for deed preparation and deed tax.
For more details, contact us today!
Karl David Reynolds, Auctioneer
Buyer's Premium: There will be a 10% Buyer’s Premium added to the winning bid to determine the final sale price.
REAL ESTATE TERMS: 20% of the total sale price down as a non refundable earnest money at the close of the auction. We do not accept a credit card for down payment. The balance of purchase price is due at closing, said closing to be within 30 days of close of bidding. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate.
This auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Contract for Sale of Real Estate.
GOOD INSURABLE GENERAL WARRANTY DEED AT CLOSING.
Real Estate Taxes and Closing Cost: All real estate taxes will be prorated for 2023. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan. The seller will pay for deed preparation and deed tax.
For more details, contact us today!
David Reynolds, Auctioneer