Commercial Building

REAL ESTATE AUCTION

OF

10,000 Square Foot Store Front Building

Located at 106 N. Main Street

Wolcottville, Indiana

SATURDAY, JULY 31, 2010

Starting at 3:00PM

IMPROVEMENTS:  10,000+/- square foot frame building with three floors.   Building could be divided in order to make two or more store fronts, large open display areas on all three floors, 2 loading docks, 2 garages, gas forced air heat.  This property would make a great antique mall, furniture store, re-sale shop and many other business uses.  The upstairs could be converted to several apartments.  Many opportunities.  The property has frontage on Main Street (State Road 9 as well as frontage on 2 allies for easy access.

TERMS:  10% down the day of the auction which in non-refundable.  The balance will be due at final closing within 30 days.  Buyer to pay the taxes beginning in November of 2010 and all taxes thereafter.  Seller will provide title insurance and deed at closing.  The closing fee of approximately $200 will be split 50/50 between the buyer and seller.  The property is sold in “AS IS” condition and subject to sellers approval.

POSSESSION:  Day of Closing.

INSPECTION:  Contact the auction company  at 260-854-2859 for an appointment to view this property.  Property will also be open for inspection one hour prior to the auction.

BUYER BROKERAGE:  The seller will pay a 2% Buyer Brokerage Fee to any licensed real estate agent or auctioneer who registers the successful bidder at the auction.  Agent must register their buyer with Strawser Auctions 48 hours prior to the auction.  Contact the auctioneer for terms and details.

AGENCY:  Strawser Auctions’ staff are exclusive agents of the seller. 

DISCLAIMER:  This property is being sold in “AS IS” condition.  Prospective bidders are responsible for making their own inspections of the property with regards to condition, environmental, zoning, permits  and any and all other inspections and approvals as may be necessary.  All sizes and dimensions stated are approximate.

AUCTIONEERS NOTE:  The sellers are motivated to sell this property.   Don’t let this property sell for less than you would have paid.

FARMERS STATE BANK, OWNER