Lot # : 1 - Commercial Building located on Main St.

Live Webcast Auction
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Price Realized:
105,000.00 USD
28 Bids
Time Remaining: Bidding Closed -
Shipping Not Available
Price Realized 105,000.00 USD
Time Remaining
Bidding Closed
Soft Close
Woodward, OK 73801
Date(s)
11/13/2024 - 12/4/2024
AUCTIONEER INFORMATION
Catalog
Bidding Notice:

ON-LINE REGISTRATION MUST BE COMPLETE AT LEAST 24 HOURS PRIOR TO SALE DAY. Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet.

Auction Notice:

This is a simulcast auction. All bidding will take place live and online. Auction will be held on-site located 1020 10th Street in Woodward, OK. Please note, there is NOT a Buyer's Premium Fee on any real estate purchases made. 0% is added to the hammer price.

Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead Commercial Building located on Main St.
Description
Legally Described as W/2 Lot 7 Blk 54 original Woodward, OK. Built in 1920, this 2-story brick building located at 10th & Main St. is only 2 blocks off the busy Oklahoma Ave & Hwy 412. The building for many years has housed Figley & Salz Insurance and Real Estate Company. The 924 Main St. address has, and continues to be, the home of a law office. The ground level and upstairs both show to be approx. 3,750 sq. ft. The Figley-Salz offices have 4 individual offices and 2 bathrooms, 2 separate general office and lobby areas, as well as storage rooms. Access is from 10th St. and from the north side of the building. The 924 Main location on the south side has a lobby and 2 offices and a conference room and bathroom. Central H/A unit’s heat and cool both addresses. The building received a duralast roof in 2012. The upstairs has entrances from Main St. and 10th St. In years past, this area was home to law offices, land men, and apartments. This upstairs will need updated yet offers a world of potential with a common hallway to another longtime Woodward business.
Name Figley-Salz Commercial Building Auction
Auctioneer
Smith & Co. Auction & Realty, Inc.
Type Live Webcast Auction
Date(s) 11/13/2024 - 12/4/2024
Auction Date/Time Info
Live Auction & Webcast begins Wednesday, December 4th at 10 a.m. CST. Auction will be held on-site located at 1020 10th Street, Woodward, OK.
Preview Date/Time OPEN HOUSE Wednesday, November 20th from 3-5 p.m. OR for a private showing, call/text Ira Smith at 580-334-6001.
Checkout Date/Time Buyer will be required to place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title. On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day.
Location
1020 10th St.
Woodward, OK 73801
Buyer Premium 0% is added to the hammer price.
Description
Built in 1920, this 2-story brick building located at 10th & Main St. is only 2 blocks off the busy Oklahoma Ave & Hwy 412. The building for many years has housed Figley & Salz Insurance and Real Estate Company. The 924 Main St. address has, and continues to be, the home of a law office. The ground level and upstairs both show to be approx. 3,750 sq. ft. The Figley-Salz offices have 4 individual offices and 2 bathrooms, 2 separate general office and lobby areas, as well as storage rooms. Access is from 10th St. and from the north side of the building. The 924 Main location on the south side has a lobby and 2 offices and a conference room and bathroom. Central H/A unit’s heat and cool both addresses. The building received a duralast roof in 2012. The upstairs has entrances from Main St. and 10th St. In years past, this area was home to law offices, land men, and apartments. This upstairs will need updated yet offers a world of potential with a common hallway to another longtime Woodward business. Historical Location & GREAT Curb Appeal, Active Chamber of Commerce, Active Main Street, and Downtown Woodward Progressive Community! Trade Hub to NW Okla., Texas Panhandle & Kansas. LOADS of Opportunity!
Buyers attending this auction will be required to provide a valid photo ID. By registering, bidder agrees to all terms and conditions as set forth by Smith & Company Auction & Realty, Inc. Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title. Seller will provide a current abstract and warranty deed. Taxes will be prorated to the day of closing. Possession upon closing. Property is selling in its present condition with no warranties expressed or implied. All information given comes from resources we believe to be reliable but in no way is guaranteed. Announcements made sale day supersede all prior advertising. Buyers should arrange financing and satisfy themselves with size, location, boundaries, etc. prior to sale day. Sellers are reserving all oil, gas, and other mineral rights. Online Bidders may bid via our website at smithcoauctions.com. Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet. On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day. ON-LINE REGISTRATION MUST BE COMPLETE AT LEAST 24 HOURS PRIOR TO SALE DAY.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 0% is added to the hammer price.
Payment Terms
Buyer will be required to place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title. On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day.