COMMERCIAL PROPERTY AUCTION – Orange Heights, FL Hwy 301 & SR 26 – The Crossroads

Description

 AUCTION

SELLS TO HIGHEST BIDDER WITH STARTING BID OF ONLY $180,000!

PRIME COMMERCIAL PROPERTY - ORANGE HEIGHTS, FL

Located at the intersection of

US HWY 301 & SR 26 - The Crossroads

Wednesday, June 11th, 2008  at 11:00 AM  

This property has incredible potential for a variety of uses. 3,147 SF total, 1,374 Heated / Cooled. Currently set up for use as a Restaurant (currently there is NO RESTAURANT WITHIN 5 MILES OF THIS CORNER), other possible uses include, Retail,Office Center, Showroom or many other uses. The owners have told us they have put over $175,000 in renovations to the building over the past year. Some of the upgrades include: New 200 amp electrical service & wiring, New light fixtures, switches and receptacles. New plumbing lines and new bathroom fixtures. New roof, drywall, paint, flooring, bathrooms with tile floors, sound and alarm systems. New 5 ton air-conditioning unit, paved parking lot (just sealed and striped.) Large area with 2 roll up garage doors which could be used as a storage or service area.

Open House lnspection Dates:

Wednesday, May 28 - 10 am - 11 am

Wednesday, June 4 - 10 am - 11 am

Saturday, June 7 - 10 am - 11 am  

A Binder Deposit of $25,000 Cashier's Check is required to be presented at the auction in order to obtain a Buyer's Number which qualifies you to bid on this property. The check must be made payable to Professionals Title Company. It will be promptly returned to you at the auction, upon your request, should you not be the buyer. Winning Bidder must provide the balance of 10% as a Binder Deposit by check immediately after being announced the winning bidder. The Balance of the purchase price is due at closing within 30 days of auction. 10% Buyers Premium.

All information is believed to be correct, but not guaranteed. Buyer should make their own inspections, measurements, and other determinations. Insurable Title to the property IS guaranteed All announcements made the day of Auction supercede any previously printed material or statement made. Not subject to any financing.