Lot # : 1 - 430 MARKET ST. KINCAID, IL 62540

Online Only Auction
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High Bid: 61,000.00 USD
6 Bids
Time Remaining: 9d 22h 6m
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KINCAID, IL 62540
Date(s)
6/14/2024 - 7/11/2024
AUCTIONEER INFORMATION
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Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead 430 MARKET ST. KINCAID, IL 62540
Description
Prime commercial real estate located on high traffic route 104. Property selling As-Is and all property remains in the building. This property includes a fully functioning 3,100 Sq. Ft. Laundry mat with 36 washing machines, 13 dryers, and 3 triple loaders. The spacious 8,000 sq. ft grocery store is ready for product to stock it's shelves and serve the Midland community. New lightning throughout the whole building. Metal roof is roughly 15 years old. 3 furnaces and 2 air conditioning units were replaced approximately 7 years ago. Large concrete parking area. Building in good mechanical condition.
Name COMMERCIAL BUILDING AT 430 MARKET ST. KINCAID, IL
Auctioneer
Micenheimer & Meyer Auction Services
Type Online-Only Auction
Date(s) 6/14/2024 - 7/11/2024
Auction Date/Time Info
JUNE 14, 2024 TO JULY 11, 2024
Preview Date/Time BY APPOINTMENT ONLY
Checkout Date/Time TBD
Location
430 MARKET ST.
KINCAID, IL 62540
Buyer Premium 4% BUYERS PREMIUM
Description
Prime commercial real estate located on high traffic route 104. Property selling As-Is and all property remains in the building. This property includes a fully functioning 3,100 Sq. Ft. Laundry mat with 36 washing machines, 13 dryers, and 3 triple loaders. The spacious 8,000 sq. ft grocery store is ready for product to stock it's shelves and serve the Midland community. New lightning throughout the whole building. Metal roof is roughly 15 years old. 3 furnaces and 2 air conditioning units were replaced approximately 7 years ago. Large concrete parking area. Building in good mechanical condition.
PLEASE READ ALL TERMS AND CONDITIONS PRIOR TO BIDDING
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 99,000.00 1,000.00 USD
99,000.01 - 250,000.00 500.00 USD
250,000.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 4% BUYERS PREMIUM
Payment Terms
10% DOWN DAY (NON REFUNDABLE) DAY OF AUCTION PUT INTO ESCROW ACCOUNT. BALANCE DUE WITHIN 30 DAYS. SALE IS NOT CONTIGENT UPON BUYER FINANCING. PLEASE HAVE FIANCING ARRANGED AND APPROVED PRIOR TO BIDDING.
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