Online Only Auction
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Price Realized:
1,050,000.00 USD
Shipping Not Available
Date(s)
4/2/2024 - 4/11/2024
AUCTIONEER INFORMATION
Bidding Notice:

Your bid participation acknowledges the acceptance of all documents. Bidder(s) will be required to sign all necessary legally binding purchase documents immediately upon conclusion of auction.


Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead 20,125 SF Office/Warehouse Property in Newton, KS
Description
Subject to Seller Approval. Seller has authorized the listing brokerage firm to submit any offers to Seller prior to auction. In the event an offer is accepted, brokerage will withdraw the property and cancel the auction. Seize the opportunity to purchase this former chemical manufacturing facility. Nestled on a generous 2.2 acre leased site adjacent to the Newton City/County Airport, this property promises a blend of office space and expansive manufacturing and warehousing capabilities. With a substantial investment of over $8 million, this property is a turnkey solution for businesses looking to establish or expand operations in the aerospace sector, specialty chemical manufacturing, or any enterprise requiring high-grade, combustible material handling. Bidding starts at $800,000.
Name 20,125 SF Office/Warehouse in Newton
Auctioneer
Type Online-Only Auction
Date(s) 4/2/2024 - 4/11/2024
Auction Date/Time Info
Bidding Starts 4/2/2024 2 PM Bidding Ends 4/11/2024 2 PM
Preview Date/Time Showings by Appointment Only. Please contact listing agent. Jeff Lowrance 316-218-2814 jlowrance@langere.com
Checkout Date/Time Bidder(s) will be required to sign all necessary legally binding purchase documents immediately upon conclusion of auction.
Location
Buyer Premium 10% Buyer's Premium
Description
Subject to Seller Approval. Seller has authorized the listing brokerage firm to submit any offers to Seller prior to auction. In the event an offer is accepted, brokerage will withdraw the property and cancel the auction. Seize the opportunity to purchase this former chemical manufacturing facility. Nestled on a generous 2.2 acre leased land site adjacent to the Newton City/County Airport, this property promises a blend of office space and expansive manufacturing and warehousing capabilities. With a substantial investment of over $8 million, this property is a turnkey solution for businesses looking to establish or expand operations in the aerospace sector, specialty chemical manufacturing, or any enterprise requiring high-grade, combustible material handling. Bidding starts at $800,0000 Jeff Lowrance- Listing Agent 316-218-2814 jlowrance@langere.com
ONLINE AUCTION: Bidding starts Apr 2, 2024 02:00 PM. Bidding Ends Apr 11, 2024 02:00 PM. Subject to Seller Approval. Seller has authorized the listing brokerage firm to submit any offers to Seller prior to auction. In the event an offer is accepted, brokerage will withdraw the property and cancel the auction. Bidding starts at $800,000. Total purchase price will include a 10% Buyer's Premium or $4,000/minimum, whichever is greater will be added to the final bid.  Bidding starts at . Seller responsible for any prior year taxes. 2023 Taxes of $238.51 will be prorated between Seller & Buyer.  Minerals do not transfer to Buyer.  Earnest money of $50,000 is non-refundable and purchase contract is not contingent on financing and is due in the form of a personal, business or cashier’s check or by wire the day after the auction end and will be applied to purchase at closing. Closing will be on or before May 25, 2024. This property is selling As-Is-Where-Is, in its present condition and will be accepted by the Buyer(s) without any expressed or implied warranties or representations from the Seller(s) or their agent(s).  Buyer is responsible for all inspections and due diligence prior to auction. It is incumbent upon the Buyer(s) to exercise their own due diligence prior to bidding on this property. If the property has improvements of any kind. It is also the responsibility of the prospective Buyer(s) to have any and all inspections completed prior to the start of auction bidding including, but not limited to the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint and/or lead-based paint hazards; presence of mold or radon gas; presence of asbestos; electrical; mechanical; appliances; heating; air conditioning; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns and any other desired inspections, if any. Information given is from sources deemed reliable, but NOT guaranteed by the Seller(s) or the Realtor(s). All documents will be made available online to prospective buyers prior to auction. If documents are not understood, broker recommends buyer to seek legal advice prior to bidding. Your bid participation acknowledges the acceptance of all documents. Announcements made online or orally prior to the auction will take precedence over any previous statements, printed material or oral information. Successful winning Bidder(s) will be required to sign all necessary legally binding purchase documents immediately upon conclusion of auction. In the event of any technology errors, Lange Real Estate is not responsible for any missed lots and/or bids. Said company reserves the right to re-run and/or pause/restart the bidding at any point in time at the discretion of said company
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 900,000.00 100,000.00 USD
900,000.01 - 1,300,000.00 50,000.00 USD
1,300,000.01 - 1,500,000.00 25,000.00 USD
1,500,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium
Payment Terms
Bidder(s) will be required to sign all necessary legally binding purchase documents immediately upon conclusion of auction.
No Shipping/pickup available.
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.