Online Only Absolute Auction of 2,702±SF Office Bldg on .5± Acre
Please note: Whereas it is possible that this listing is posted with a stated price, this asset could sell for more or less than the stated price since this is an Absolute Auction with no minimum bid. Bidding Opens: Monday, April 2 at 2:00 PM CT Bid Deadline: Wednesday, April 11 at 11:00 AM CT Inspection: Monday, April 9 at 10:00 AM SHARP or by appointment The asset is a wood frame and brick veneer building containing 2,702±SF of gross building area. Its most recent use was as a recording studio. The improvements were constructed in 1993 and the property has been vacant for an undetermined period of time. The site area is 0.50± acres or 21,780±SF, per the Escambia County Property Appraiser. The property is located on the north side of Constitution Place, approximately 400 feet east of University Parkway. The site is rectangular in shape, with dimensions of approximately 130 feet in width and 168 feet in depth. The site is generally level and at street grade. The asphalt parking lot appears to be in average condition, however needs to be reâ€striped as the individual parking spaces were no longer distinguishable. The parking area appears to accommodate 12± spaces. As you enter the building, there are two small offices on the right and left. Continuing down the hallway, the room opens up to a living room with attached kitchen. Two bathrooms are located adjacent to the kitchen. Turning left, you enter the production studio. There is a control room, a large studio room, and several small recording booths. The main recording studio has no exterior windows. Interior finishes consist of painted drywall and wood paneling. Floor covering is a mix of wood, tile, and carpet. The property contact indicated that the HVAC systems to the building were no longer operable. Zoned HC/LI Heavy Commercial & Light Industrial Escambia County Tax ID# 02-1913-500 Parcel Ref.# 141S306100000002 2017 Taxes Due $2,428.04 Assessed Value $159,556
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