• 4,500 SQ. FT. Commercial/Industrial Building • Front Office Space • Zoned Light Industrial • Full Line of Sign Installation Tools & Equipment • 2 Boom Trucks • ONLINE BIDDING AVAILABLE You may bid online during the auction at www.schraderauction.com. You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Schrader Auction Company at 800-451-2709.
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COMMERCIAL BUILDING & FULL LINE OF SIGN TOOLS & EQUIPMENT AUCTION IN STILLWATER, OKLAHOMA
Stillwater, OklahomaOwner: Irwin Custom Sign Company Tue, May 18, 1:00 PM
OPEN HOUSE/INSPECTION DATES
Monday, May 3 from Noon-2:00pm
Friday, May 14 from Noon-2:00pm
Tuesday, May 18 from 11:00am-1:00pm
415 E 14th Avenue, Stillwater, OK
HELD ON SITE
Tract 1: This is an outstanding property conveniently located off East 14th Street in Stillwater, with a Light Industrial Zoning! The building is 4,500 sq. ft. (45 ft. x 100 ft.), featuring a large shop area with 11 ft. overhead door and a front office space. The building sits on a corner lot, is easily accessible from two sides and has ample outside space for parking vehicles and equipment. Do not miss this opportunity to purchase some outstanding Stillwater commercial property!
EQUIPMENT & PERSONAL PROPERTY
COLLECTIBLES, OFFICE FURNITURE, AND MORE:
PROCEDURE: The Property will be offered as a single tract, there will be open bidding during the auction as determined by the Auctioneer.
BUYERS PREMIUM: The contract purchase price will include a Buyers Premium equal to 4% of the bid amount.
DOWN PAYMENT: 10% of the total contract purchase price will be due as a down payment on the day of auction, with the balance due in cash at closing. The down payment may be made in the form of cashiers 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.
APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. The auction bids are subject to the acceptance or rejection by the Seller.
DEED: Seller shall be obligated only to convey a merchantable title by Warranty Deed.
EVIDENCE OF TITLE: Seller agrees to make available to bidder a preliminary title insurance commitment to review prior to auction. The cost of title insurance, if the buyer(s) elects to purchase the title insurance policy, will be the responsibility of the buyer(s). Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title, and similar related matters. All tracts sold AS-IS.
CLOSING: The closing shall take place 45 days after the auction or as soon thereafter as applicable closing documents are completed by Seller.
POSSESSION: Possession shall be at closing.
REAL ESTATE TAXES: Real Estate taxes shall be prorated to the date of closing.
MINERALS: Seller specifically excepts and reserves all minerals, including without limitation, oil, gas, coal, coalbed methane, and all other hydrocarbons, lignite, and all metallic minerals, etc., if any, associated with the referenced real estate, and the term Property will not include any mineral rights.
ACREAGE AND TRACTS: All acreages and/or building dimensions are approximate and have been estimated based on current legal descriptions, surveys, property tax records and/or aerial photos. Any corrections, additions, or deletions will be made known prior to the auction.
AGENCY: Schrader Real Estate and Auction Company, Inc., Berry Auctions and their representatives are exclusive agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, 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. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons 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.
NEW DATE, CORRECTIONS AND CHANGES: Please arrive prior to scheduled auction time and regularly visit www.schraderauction.com to inspect any changes or additions to the property information.