Online Only 3 Commercial Buildings Property Auction
ONLINE ONLY PROPERTY AUCTION: Haddam Alumni Association - Seller Online - Ends Thursday, July 8th, 2021 - 6:00 P.M. 3 COMMERCIAL BUILDINGS - 1104 Main Street, Haddam, KS, 66944 Legal Description: S22, T02, R01, 6th Principal Meridian, Acres 1.6, BEG 1469'W & 30'N OF SE COR SW4 TH N300′ W226.83′ S300′ E226.83′ TO POB Tract 1: 2-Story School Building Main Level: Office with Vault, Kitchen, Gymnasium, Men and Women's Locker Rooms, 2 Classrooms 2nd Story: 7 Classrooms Basement: Building utilities and mechanics i.e. water heater, electrical panels, HVAC Property Specifications: Built in 1925, 11,468 Sq. Ft., Brick, Flat Roof, Window Air Units, Gas Hot Water Heater Tract 2: Relocatable Office Building Main Level: 5 Rooms, Cabinet and Counter Space Area with Sink, 1.5 Bathrooms, Closets, Utility Room Property Specifications: Built in 1995, 1,848 Sq. Ft., Wood Siding, Asphalt Shingles, Forced Heat & Air Tract 3: Warehouse Structure & Prefabricated Storage Shed Main Level: Storage Spaces, Restroom Property Specifications: Built in 1950, 2,560 Sq. Ft., Block with Stucco, Metal Roof Storage Shed: 12 x 8 Built in 1993 Tract 4: Entire Property as a Whole Including All Three Buildings and Prefabricated Storage Shed 2020 Property Taxes: Not Applicable - Due to Non Profit Organization Ownership Viewing: By Appointment Only Listing Agent's Notes: Do you have a growing business and need more warehouse storage space? Or are you an investor looking for another project? If you answered "yes," these buildings are ideal for you! There are an abundance of things this property could be utilized for such as warehouse space, residential rental units, community rental space and much more. To view this property in person please, call to make an appointment. Terms & Possession: This is an Online ONLY Auction. A buyer's premium of 10% of the final bid price ($1,000 minimum) will be added to final bid price to determine the total sales price for the Property. 10% down day of the sale, balance due at closing on or before August 10, 2021. Sellers to pay 2020 and prior years property taxes. Taxes for 2021 will be prorated to the date of closing. Title insurance, escrow & closing costs to be split equally between buyer and seller. Buyer takes possession at closing. Property to be sold as-is, where-is. All inspections should be made prior to the day of the sale. This is a cash sale and is not subject to financing, have your financing arrangements made prior to auction. In the event the property sells as three individual tracts, a survey with easements and utility meter splits will be required. The cost of the survey will be split equally between buyers and seller. The cost of the utility meter splits will be the responsibility of the buyer(s). The Law Office of Elizabeth Baskerville-Hiltgen, attorney for seller, will act as escrow and closing agent. All information has come from reliable sources; however, potential buyers are encouraged to verify all information independently. Statements made the day of sale take precedence over all other printed materials. ****ONLINE BIDDING REQUIRES PRE-REGISTRATION - REGISTRATION MUST BE COMPLETED NO LATER THEN 12:00 P.M. TUESDAY, July 6th (You will be required to fill out and "Addition Online/Phone/Proxy Bidder Agreement" that includes financial references.) This form may be found below in the attachments section. Please DO NOT delay in getting registered.
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