Sold for $364,100
2015 S Defiance St, Archbold OH 43502 (Fulton County)
SELLS REGARDLESS OF PRICE
36,090±SF Retail Bldg. on 3.9± 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 11:00 AM 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, built in 2000. Exterior is block frame with a flat composition roof and painted block exterior. The interior is consistent with anchor/big box retail finish; asphalt tile & carpet floors, dropped ceilings, fluorescent lighting fixtures, etc. Tax parcel #s 1703351803.000 and 1703351803.099, zoned B2 (Highway and General Business District) by Fulton County.
Rear property line of irregular- shaped parcel, served by public water and sanitary sewer systems, adjoins the Rock River.
An June 17, 2005 Phase 1 Environmental Report revealed 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.
