Absolute Auction of Former Bank Branch in Desoto, MO (Jefferson County)
Selling Absolute - No Minimums, No Reserves
Sold for $53,550
Sold for $53,550
Property #101- 406 S. Main Street, Desoto, Jefferson County, MO 63020
Selling Onsite with Live & Webcast Bidding Monday, July 29th at 10 AM CT
Property Inspection: Sunday July 21st from 1-3pm
Property Description: 8,309 sf footprint brick building on .25 acres, plus parking lot on .31 acres, separated by a 20’ public alley. Building fronts on Main Street, parking lot fronts on 2nd Street. Built in 1950, the building is partially single level and partially 2 story. 2011 taxes were $6,950 for the building tract (parcel 24 1.2 02.2 3 022 005) and $745 for the parking lot site (parcel 24 1.2 02.2 3 022 006). Both sites zoned C-2. There are a total of 49 parking spaces on the two tracts. The October 18, 2012 ESA revealed no evidence of RECs in connection with the Site. Asbestos Containing Materials were found in May 0f 2011, and on August 11, 2011, the asbestos abatement effort conducted at the Site was completed.
Local Broker: Paul Colvin, 479-790-5513 or email paul@auctionEbid.com
Terms: Bank Proof of Funds Required to Bid,5% Buyers Premium added to winning bid to determine sale price, 10% Earnest Money Deposit, close in 45 days.
