Real Estate Auction
Wednesday, September 30, 2020, 10 a.m.
Commercial office building, 1 restroom, break room, large safe plus 9 smaller safes, central heat & air, underground sprinklers & planter irrigation system with well, copper gutters, flat portion of roof new in 2018, 10 parking spaces.
$400 monthly income from ATM lease through 6-30-2023, plus a 1 year optional renewal. Owners must provide electricity for ATM, lighting & sprinkler system. Must allow ingress & egress for ATM traffic. Snow removal for ATM paid by First National Bank for term of lease. Signage available on East & West facing sides on monument sign. Property can’t be used by any business or institution that accepts deposits and/or makes loans through 6-30-2033. Requirement of sale is ATM lease must be transferred to Buyer.
Lot Size: 148′ x 165′
Building Area: 1,125 sq. ft.
Taxes: $2,862.38 (2019)
Zoning: C4-Special Commercial District
Possession: Upon closing
Title: Trustee’s Deed & Title Insurance Policy; cost split 50/50 between Buyer & Seller.
Terms: $5,000 down payment day of auction; balance upon closing within 30 days.
Note: 10% Buyer’s Premium added to final bid.