Former Restaurant Building For Auction in Rio WI

Hamele Auction Service LLC

 

Date(s) 10/5/2018 - 11/8/2018

Starts ending 6PM CST 11/8/18

Past Auction
Online-Only Auction
Bidding Notice:

Starts ending 6PM 11/8/18

Auction Notice:

10% buyer premium

Auction Information
Name Former Restaurant Building For Auction in Rio WI
Auctioneer
Type Online-Only Auction
Date(s) 10/5/2018 - 11/8/2018
Auction Date/Time Info
Starts ending 6PM CST 11/8/18
Preview Date/Time Preview Oct 16th & 23rd 4-5pm
Checkout Date/Time buyer to close on property on or before Dec. 8th 2018
Location
Buyer Premium 10% Buyer Premium
Description
Commercial building to be auctioned off online only at a bargain of an opening bid of only $20,000. Property has many opportunities for another restaurant, office building, day care building and many more uses with this property. Building has 2 bathrooms, walk in cooler, full basement, forced air, central air, newer furnace, updated electric, newer windows & siding and updated electric. Property’s 2017 Tax Assessment was $128,600 and taxes were $2,976.51. Online Only Auction ending Nov. 8th 2018 at 6:00pm. Terms: Minimum Bid of $20,000. 10% Buyer’s Fee added to high bid to determine total contract price, Buyer to sign Offer to Purchase w/no contingencies & all auction documents, a $2500 nonrefundable down payment to be paid to within 24hrs after auction ending, buyer to close on property on or before Dec. 8th 2018.Property will sell at or above the minimum bid. Preview Oct 16th & 23rd 4-5pm. List price is a minimum bid. Seller will entertain per auction offer under all auction terms. Property will be sold free and clear of all liens & judgements.
All Items Sold As-Is with no warranties expressed or implied Commercial building to be auctioned off online only at a bargain of an opening bid of only $20,000. Property has many opportunities for another restaurant, office building, day care building and many more uses with this property. Building has 2 bathrooms, walk in cooler, full basement, forced air, central air, newer furnace, updated electric, newer windows & siding and updated electric. Property’s 2017 Tax Assessment was $128,600 and taxes were $2,976.51. Online Only Auction ending Nov. 8th 2018 at 6:00pm. Terms: Minimum Bid of $20,000. 10% Buyer’s Fee added to high bid to determine total contract price, Buyer to sign Offer to Purchase w/no contingencies & all auction documents, a $2500 nonrefundable down payment to be paid to within 24hrs after auction ending, buyer to close on property on or before Dec. 8th 2018.Property will sell at or above the minimum bid. Preview Oct 16th & 23rd 4-5pm. List price is a minimum bid. Seller will entertain per auction offer under all auction terms. Property will be sold free and clear of all liens & judgements.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 10% Buyer Premium
Payment Terms
na
na
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.