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Commercial Real Estate Auction
Wednesday, May 13, 10:00 am Ligonier, IN · Noble County
Owner: Estate of Jeffrey Plumer
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Contact Sales Manager:
Kevin Jordan
260-244-7606
Request a Brochure:
Mail me this Brochure
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Tract Map - Click to enlarge
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Multi-Use Property
Auto Repair-Dealer
Investment Property
Retail/Office
Storage
Lot Approx. 175' x 285'
2 Buildings, 1 Property
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REAL ESTATE PREVIEW:
Tuesday, April 28,2009 02:00 PM
thru
04:00 PM
PROPERTY LOCATION:808 North Cavin Street. Located on the north edge of Ligonier with frontage on SR 5.
AUCTION LOCATION:On site.
PROPERTY DESCRIPTION:Great location in Ligonier with frontage on State Road 5. Main 60'x80' building (A) includes front office with reception area and restrooms, shop area, (2) 200 amp electric panels with storage upstairs and a drive-thru truck bay. Serviced by city water and sewer. Additional 30'x40' insulated outbuilding (B) w/ 8'x12' automatic door concrete floor, A/C and heat. 18+ parking spaces and access to roads on 3 sides. Consider the possibilities! 9,000 average daily traffic count.
AUCTION TERMS & CONDITIONS:
PROCEDURE: There will be open bidding during the auction as determined by the auctioneer, bidding will be on a lump sum basis. Bidding will remain open until the close of the auction. The seller reserves the right to accept or reject any bids.
DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, cashier's check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
DEED: Seller will provide A Personal Representative Deed.
EVIDENCE OF TITLE: Seller will provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place 15 days after proof of merchantable title.
POSSESSION: At closing.
REAL ESTATE TAXES: Prorated to day of closing.
SURVEY: There shall no new survey as the property has an existing legal description.
EASEMENTS: The sale of the property is subject to any and all easements of record.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement.
ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
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