2100 East Cedar St, Rawlins, WY 82301 (Carbon County)
Auction: Lender Owned Absolute Auction of Retail & Restaurants in AL-FL-NC-TN-WY


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Property #103
2100 East Cedar St, Rawlins, WY 82301 (Carbon County)
SELLS REGARDLESS OF PRICE
33,000±SF Retail Bldg. on 3± Acres
Selling Online Only
Bid Deadline: Thursday, May 24 at 11:00 AM MT
Closing Deadline: Tuesday, June 26, 2018
Inspection: Monday, May 14  & Monday, May 21 at 11:00 AM MT SHARP. An Auction Right of Entry form must be signed in order to gain access to the building which releases seller from liability in the event of accidents while onsite.
Sale Manager: Larry Forsberg, 307-262-2148, larry@allpropertybrokers.com
 
Property Description: Former Pamida Store built ca. 1971 with 37  parking spaces. The property occupies a 3± acre lot on a short service street along the southside of where the 287 Bypass runs into US 80 from the north just off of I-80. A pylon sign in the parking lot is visible from this busy intersection. Lot has an outparcel cutout near the street frontage which was sold to build a Subway restaurant. Please refer to the cross parking easements contained in the restrictive covenants posted under the documents tab.
 
An April 2006 Phase 1 Environmental Report revealed no evidence of environmental conditions likely to warrant mitigation.
 
Carbon County Property ID# 06-2187-15-2-01-00200
Carbon County Appraised Value $1,080,236
Property is zoned C-2 by City of Rawlins
2017 Taxes $7,460.70
 
Auction Conducted in Conjunction & Cooperation with:
All Property Brokers, LLC, WY Broker, Larry Forsberg Lic #4646
 
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 June 26, 2018. 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.