Sold for $356,950
1625 E. Main Street, Montpelier OH 43543 (Williams County)
SELLS REGARDLESS OF PRICE
36,059±SF Retail Bldg. on 4± Acres
Selling Online Only
Wednesday, August 9 at 1:00 PM ET
Closing Deadline: September 11, 2017
Inspection: Monday, July 31 & Monday, August 7 at 1:00 PM ET SHARP
Sale Manager: Michael Murray, 877-462-7673, michael@pamelaroseauction.com or Jeb Howell 770-841-9924 or jeb@AMCbid.com
Property Description: Former Pamida store. Property tax ID #063073060000008001. Zoned C-2 by the Village of Montpelier. All utilities are available to the site. There are 161 marked parking spaces, of which 6 are handicapped.
A June 11, 2005 Phase 1 Environmental Site Assessment indicates no recognized environmental conditions (RECs) or historical RECs were identified in connection with the site
Auction Conducted in Conjunction & Cooperation with:
Pamela Rose Auction Company, LLC, licensed OH broker
This auction features a grouped bid extension - please see details in terms below.
Terms: Bank Proof of Funds Required to Bid, 10% Buyer’s Premium added to winning bid to determine sale price, 10% Earnest Money Deposit, close by September 11, 2017. Auctioneer is not responsible for bidding errors caused by internet outages, bid platform failures, or power failures.
All of the properties sell individually as "lots" however they are all tied together by the auction clock. We will set a bid deadline for all of the assets. Once we get within 5 minutes of that bid deadline, any bid placed on Any of the assets will extend All of the assets another 5 minutes. This extension will continue until no bids are placed on any of the assets in a five-minute window.
This feature is in place partially to prevent "sniping" which can occur on online auctions with a hard deadline. It recreates the action of a "Live Auction". If your opponent bids in the waning seconds of the auction, you still get another chance to bid.
With that in mind, don't wait out the bid until the last second, as it can put you at risk for not getting your bid in before the 5-minute clock runs out.
