Sold for $336,600
657 W Main Connector, Hodgenville KY 42748 (LaRue County)
SELLS REGARDLESS OF PRICE
34,994±SF Retail Bldg. on 4.6± Acres
Selling Online Only
Wednesday, August 9 at 1:00 PM ET
Closing Deadline: September 12, 2017
Inspection: Tuesday, August 1 & Tuesday, August 8 at 11:00 AM ET SHARP
Sale Manager: Don Erler, don@donerler.com, 502-592-8858
Property Description: Former Shopko store of masonry and frame construction. Irregularly shaped lot is accessed via West Main but has additional frontage on Old Sonora Road in the rear. There are 150 marked parking spaces, 6 are handicapped. The tax ID number is 029-03-01-001.07. The subject is zoned B-2 Neighborhood Business by Hodgenville City Hall. All utilities are available to the site.
A June 27, 2005 Environmental Site Assessment concluded that no recognized environmental conditions (RECs) were identified in connection with the site. Survey reveals that a portion of the building footprint and parking lot is in FEMA Floodplain A zone, with a 1% annual chance of flooding.
A June 27, 2005 Environmental Site Assessment concluded that no recognized environmental conditions (RECs) were identified in connection with the site. Survey reveals that a portion of the building footprint and parking lot is in FEMA Floodplain A zone, with a 1% annual chance of flooding.
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 12, 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.
