Sold for $301,400
314 Sturgis Road, Marion KY 42064 (Crittenden County)
SELLS REGARDLESS OF PRICE
36,047±SF Retail Bldg. on 3.7± Acres
Selling Online Only
Wednesday, August 9 at 12 NOON CT
Closing Deadline: September 13, 2017
Inspection: Tuesday, August 1 & Tuesday, August 8 at 11:00 AM CT SHARP
Sale Manager: Don Erler, don@donerler.com, 502-592-8858
Attention!!!
Survey, just received, revealed the property is 3.7 acres, not the 6.6 acres originally advertised.
See Survey and Parking Easement on Documents Tab.
Property Description: Former Shopko built in 2000. Construction 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. Other improvements to the site consist of asphalt-paved surface parking and minimal landscaping. All utilities are available to the irregular-shaped site, known as Marion County tax parcel 070-60-07-001-00.
According to a June 13, 2005 Phase 1 Environmental Site Assessment, no recognized environmental conditions (RECs) or or historical RECs (HRECs) were identified in connection with the property.
Auction Conducted in Conjunction & Cooperation with:
Don Erler, Don Erler Real Estate & Auction
Licensed KY Broker#34133/ Auctioneer# P2066
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 13, 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.
