MODERN COMMERCIAL BUILDING

Herron Auction and Realty

 

Date(s) 7/2/2024 - 7/25/2024

STARTS TO CLOSE: Thurs, July 25th @5:30pm cst

Online-Only Auction
Shipping Not Available
Bidding Notice:

**PLEASE READ ALL TERMS AND CONDITIONS PRIOR TO BIDDING**

Auction Information
Name MODERN COMMERCIAL BUILDING
Auctioneer
Type Online-Only Auction
Date(s) 7/2/2024 - 7/25/2024
Auction Date/Time Info
STARTS TO CLOSE: Thurs, July 25th @5:30pm cst
Preview Date/Time Preview: Thurs, July 18th 4-6pm cst
Checkout Date/Time -
Location
Buyer Premium 6% BUYER'S PREMIUM
Description
ONLINE ONLY AUCTION STARTS TO CLOSE: Thurs, July 25th @5:30pm cst Preview: Thurs, July 18th 4-6pm cst Location: 100 Fifth St, Henderson, KY Prime location on this modern office building with a view of the Ohio River situated on the corner of 5th and Water Street. This brick building was built in 1991 and is known as the former Henderson Municipal Power & Light Administration Building. Close proximity to downtown Henderson and adjacent to a recently proposed future commercial developement. Position yourself to secure this high profile building with a variety of potential uses. - Building size 5,837 square foot - Zoning RF- Riverfront 2 district / CBD central business district - Built in 1991 - Lot size 150x133 - Highly visible location - 6 on site Paved parking spaces - Off street parkining - Electric 600amp - HVAC 3 units, electric heat & cooling - Roof rolled membrane roof system covering and aluminum gutters. Interior includes a well designed professional layout with a foyer/reception area that offers a skylight and 10 private offices, 2 main restrooms, 1 private restroom w/shower, kitchen, board room, file room, dedicated systems room etc. Building includes lots of windows for natural interior lighting, ample cabinetry and storage closests, and a convenient covered entrance that is handicapped accesible. RE TERMS- 10% Deposit Day Auction Ends or no later than the following business day, Balance w/Deed at closing within 40 days from Auction date, pro-rate 2024 real estate taxes, Possession w/deed at closing. 6% Buyer's Premium will be added to final bid to determine sales price. High bid must be approved by the Board of Commissioners at it's next regularly scheduled meeting. Property is being sold “as-is, where-is”, and no warranty or representation, either express or implied, concerning the property is made by the seller or Herron Auction & Realty, NO exceptions. Herron Auction & Realty and its employees and representatives are agents of the seller. For a complete listing of terms and conditions, please visit the bidding link at https://Herronauctions.HiBid.com Broker/Auctioneer: Kevin Herron 270-826-6216
RE TERMS- 10% Deposit Day Auction Ends or no later than the following day, Balance w/Deed at closing within 40 days from Auction date, pro-rata 2024 Taxes, Possession w/deed at closing. 6% Buyer's Premium will be added to final bid to determine sales price. High bid must be approved by the Board of Commissioners at it's next regularly scheduled meeting. ALL ANNOUNCEMENTS MADE THE DAY OF THE AUCTION TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN. Property is being sold “as-is, where-is”, and no warranty or representation, either express or implied, concerning the property is made by the seller or Herron Auction, NO exceptions. Herron Auction and its employees and representatives are agents of the seller.
By bidding you agree to the terms and conditions of this auction.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 6% BUYER'S PREMIUM
Payment Terms
RE TERMS- 10% Deposit Day Auction Ends or no later than the following day, Balance w/Deed at closing within 40 days from Auction date, pro-rata 2024 Taxes, Possession w/deed at closing. 6% Buyer's Premium will be added to final bid to determine sales price. High bid must be approved by the Board of Commissioners at it's next regularly scheduled meeting.
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