NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2006 Nov 15 @ 10:30UTC-7 : PDT/MST
Address: 131 Hamilton St, Sterling, CO
Legal Description: W 20’ of Lot 14, Lots 15 & 16 Block 46, B & M Addition;
Lot size: 8,750 sq. ft. (70’ x 125’)
Real Estate Taxes: $1,141.66
Office description: Building originally constructed in 1913 but remodeled into the existing office building. Single story with 1,097 +/- sq. ft. which includes reception area, office, conference area, mail/copy area, break area, fireproof file storage, and two ½ bath restrooms. Central forced heating
and air conditioning. Outside exterior is stucco, wood and brick face siding, and metal roof. Interior walls are primarily paneling with some drywall. Floor coverings are in need of replacement. Garage located in the rear of the lot in poor condition. North half of property located in Zone AH which is in flood plain, south half of property out of flood plain.
Suggested Opening Bid: $50,000
Auction Location:
Ramada Inn, Sterling, Colorado, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
15% |
Additional Fees:
Shipping Details:
Contact Marc Reck for Bidding Approval marcreck@reckagri.com
Payment Details:
No Info Available
AUCTION DATE/LOCATION November 15, 2006, Ramada
Inn, Sterling, CO, 10:30 a.m., MT.
OVERVIEW The property being offered for sale is the former
law office building of Bob Giacomini, a prominent resident and
attorney in Sterling and Logan County. In addition to this office
building, the adjoining home to the east (127 Hamilton) is
also being offered for sale by his estate. Furthermore, the two
adjoining homes to the east, 117 and 121 Hamilton are also
being offered for sale by Pedroni & Giacomini, Inc. This auction
is an unique opportunity to purchase an office building,
homes for investment or personal
residences, and/or a larger block for
future commercial development.
Excellent location being within
walking distance of downtown
Sterling, grocery stores, several
churches, courthouse, banks, restaurants, etc.
SALE TERMS/PROCEDURE The "Bob Giacomini Office
& Rental Property Auction" is an ABSOLUTE LAND AUCTION
based on a MINIMUM BID. The absolute sale of the
property is triggered whenever the highest bid or bids received
equal or exceed the TOTAL MINIMUM BID of $135,000.
Property to be offered for sale in the parcel order as numbered.
Competitive bids will determine outcome of auction. No parcel
sells unless all parcels sell. Sellers agree not to accept and negotiate
any contracts to purchase prior to auction date.
SIGNING OF PURCHASE CONTRACT Immediately following
the conclusion of the auction, the highest bidder(s) will
enter into and sign a Auction Land Contract (Specific Performance/
Cash at Closing) for the amount of the bid. Required earnest
money deposit to be in the form of a personal, business, or
corporate check for 5% of the purchase price which is due upon
the signing of the contract and to be deposited with Reck Agri
Realty & Auction. Purchase contract will not be contingent
upon financing. Terms and conditions of the detail
brochure and oral announcements
shall be incorporated and made a
part of the contract. Sample co