SOLD
640,000.00USDto Floor+ buyer's premium (19,200.00)
This item SOLD at 2009 Oct 27 @ 16:30UTC-05 : EST/CDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
All Internet Bidders Must Overnight Certified Funds in the Amount of $50,000.00 prior to the start of Bidding. Certified Funds need to be made out to The Steffen Group Escrow Account; in the event that the bidder is not the succesful Buyer, said deposit shall be immediately returned to Bidder. In the event that the Bidder is succesful the Buyer shall submit the remaining earnest money deposit due (a total of 10% of the purchase price) with in 72 hours of the auction.
Building Name: St. George Plaza Investment
County / Township: Allen / Wayne
Total Building Area: 20,380 SF
Retail: 13,980 SF
Warehouse: 6,400 SF
Zoning: CM-4
Total Land Area: 2.928 Acres
Parking Spaces: 53
Number of Stories: Retail - One, Office / Warehouse: 2
Condition: Good
Date of Construction: Retail - 1978, Warehouse - 1997
Type of Heating System: Gas Forced Air
Air Conditioning: Electric Forced Air
Type of Construction: Wood Frame & Metal
Roof Type: Metal
Dimensions: Retail - 20' x 60', Office / Warehouse: 40' x 150'
Major Hwy. Near Site: West Coliseum Blvd.
Distance to Interstate 69: 3/4 Mile
Auction Location:
821 W. Coliseum Blvd, Fort Wayne, Indiana, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
3% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
No Info Available
Procedure: This property will sell in two individual tracts or as an entire unit. There will be open bidding on the individual tracts or the combination of tracts during the auction. The property will be sold in a manner resulting in the highest total sale price. This Property will be SOLD ABSOLUTE WITH NO RESERVE TO THE HIGHEST BIDDER – REGARDLESS OF THE SALE PRICE.
Method of Payment: A non-refundable earnest money deposit of 10% of the purchase price will be required day of sale with the balance due the day of final closing. Closing to be within 45 days of the auction. This real estate is being sold for cash and your bidding is not contingent upon financing. Have your financing prearranged prior to auction day.
Acceptance of Bid: Successful bidder will be required to enter into a purchase agreement immediately following the auction at the site.
Buyer's Premium: A 3% buyer's premium will be added to the final bid price of the real estate thus, determining the final selling price of the real estate.
Title: Seller will provide buyer with a commitment of title insurance in the amount of the purchase price insuring the transfer and marketability of the title. Seller will provide buyer with a fully executed corporate warranty deed conveying title to the buyer.
Possession: Possession will be given to the buyer the day of final closing subject to tenant rights.
Taxes: The real estate taxes will be prorated to the day of final closing.
Survey: The seller will not provide buyer with a survey. If the buyer or buyers' lender requires a survey it will be at the sole cost of the buyer.
Property Disclosure: This property being sold as is with no warranty being expressed or implied as to the physical condition, specific zoning or available permits.
Agency: The Steffen Group Inc and its Agents and the Zacher Company and its agents are exclusive agents of the seller.
Disclaimer and Absence of Warranties: All information contained in this broc