Commercial Property Auction
6,750 sf Commercial Building and 12,000 sf Parking Lot selling to the HIGHEST BIDDER, REGARDLESS OF PRICE! Zoned C-2 Commercial Frontage on US 19 in downtown Umatilla, FL Auction on site and online 10/10/19 11:00 am
Umatilla,
Description
Story: “Since we no longer have intention to further develop this commercial property, we have authorized Ewald Auctions to offer these properties to the public auction to the HIGHEST BIDDER, REGARDLESS OF PRICE! No Minimums!@ No Reserves!!”
COMMERCIAL BUILDING and VACANT COMMERCIAL LOT
Parcel A
6,750sq ft building
Built in 1926
13,300sf corner lot
Zoned C-2; General Commercial and Warehouse District
Located in the Five-Points Downtown Overlay District
Former restaurant and bar
City water and sewer
FDOT Average Daily Traffic Count: 12,700vpd
Parcel B
12,000sf commercial corner lot
Zoned C-2; General Commercial and Warehouse District
Located in the Five-Points Downtown Overlay District
City water and sewer
Completely cleared current parking lot
Permitted Uses:
- Hotels/Motels
- Bar, Lounge & Night Club
- Restaurant
- Offices
- Equipment Rental
- Retail Sales and Services
- Medical Office/Clinic
- See zoning for more.
ALSO SELLING (On-Site ONLY):
Complete Restaurant Location including coolers, freezers, stove, stainless sinks, hood system, microwaves, booths, tables(hi-tops and low), chairs (bar stools and regular) and more! Too much to list.
Dates
Bidding Dates
10
Oct '19
11:00 AM
Eastern Time (US & Canada)
10
Oct '19
12:00 PM
Eastern Time (US & Canada)
Preview Dates
Pre-bidding Dates
Checkout Dates
Marketing
Terms
Terms and Conditions
ALL Property:
- ALL PROPERTY is selling to the Highest Bidder Regardless of Price with NO Minimums and NO Reserves!
- All property selling on an ‘AS IS, WHERE IS’ basis, with no warranties of any kind, express, implied, or otherwise.
- Inspection of real property by appointment only on the restaurant and at your convenience for the lot.
- Auction to be conducted on site, rain or shine.
Real Estate:
- 10% Buyer’s Premium to be charged on Real Property.
- $20,000 cash or cashier’s check must be displayed to bid at the auction.
- 10% deposit or $20,000, whichever is greater, due the day of the auction.
- Balance due at closing within 30 days of the auction.
- NO contingencies to closing.
- ALL closing costs at the expense of the buyer.
- All taxes, both current and delinquent, to be paid by buyer at closing.
- Possession with Deed.
Restaurant Equipment:
- Payment in Full Day of Auction.
- 13% Buyer’s Premium to be charged on Personal Property.
- 3% discount for cash or cashier’s check.
- Removal of items day of auction and by appointment only.
- Payment by cash, cashier’s check, Visa or Master Card.
- Inspection one hour prior to auction.
Announcements made at the auction take precedence over printed matter.