Absolute Estate Auction
Online Bidding Only
Bidding Ends Thurs Oct 10th @ 5:00 P.M EDT
Bidder Video 3- The Catalog View
Bidder Video 5- The Customer Section
The Updated Plat had been added. Please click the link below to see the updated plat in the files section.
Click Here To View Plat, Lease Agreement, Purchase Contract, and the Parking Easement.
LOCATED IN Meade County at 349 Broadway Brandenburg, KY 40108, next door to Big O Tires and across the street from Allen’s S&T Hardware. (Signs posted.)
BARR REALTY & AUCTION CO., INC. has been selected by The Amelia Barr Estate, to conduct this online auction in order to settle the estate. Auctioneers Mark Barr, Stephen Barr, Jamie Barr, Bobby Carwile and apprentice Dennie Armes with offices in Hardinsburg and Brandenburg, KY.
Income Producing 3560 Square Foot Commercial Building
ONLINE BIDDING ONLY
Bidding Ends 5:00 PM EDT Oct 10th
Selling by online bidding only will be a two story commercial building with a full walkout basement. The top floor of the building has 1780 square feet and is currently leased to a florist. The top floor has a waiting room, receptionist area, six offices, kitchenette, three storage rooms, two restrooms, and has carpet and vinyl flooring. It was previously used as a doctor’s office. The top floor is currently leased on month to month basis for $500 per month and the current tenant would like to remain.
The middle floor has 1780 square feet nearly all open retail or office area with a kitchenette, two bathrooms, and storage area. It was last rented for $350 per month.
The basement area is unfinished with a walkout entrance and has room for an overhead garage door. There is a sump pump in the basement.
The top floors have separate central air and gas furnace units. The building is situated on a .317 acre lot with city water, sewer, and natural gas. The upper level has a paved parking lot. There are two sets of wide interior stairs that allow access to all three interior levels of the building. There is also a parking area easement on the adjoining property that can be utilized. The building is situated on the lot in a way that allows vehicles to drive up to each door. It is zoned C-1 It sells by online bidding to the highest bidder regardless of price! Bidding will end Thurs Oct 10th at 5:00 PM EDT. If you need help placing a bid, contact us at 270-422-2222.
Inspection period: To inspect the interior contact Stephen Barr @ 270-668-9955. Inspect the exterior anytime on your own.
TERMS AND CONDITIONS: REAL ESTATE: $5,000 down within 24 hours of the auction ending time. Deposit to be made in the form of cash, cashier’s check, personal check with up to date bank letter guaranteeing funds or wire transfer. Balance due by Nov 11th 2013 Landlord Possession – date of deed. Other online bidding terms apply, see barrrealtyauction.com for details. TAXES: 2013 property taxes prorated. BUYERS PREMIUM: A 10% buyer’s premium will be added to all winning bids to determine the final selling price IMPORTANT NOTICE: All property sold “as is, where is” condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer make any warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All announcements from the auction block take precedence over any printed material, email, website and/or any oral statements made. Not responsible for accidents.
The Amelia Barr Estate, Owner
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This online only auction is a cash sale not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Agreement to Purchase Real Estate.<br>
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A Buyer’s Premium of 10% is added to the high bid. At the close of the auction, the successful Bidder will be emailed an Agreement to Purchase Contract to be executed and returned to Barr Realty & Auction Co., Inc. within Twenty-Four (24) hours. Successful Bidders will make their deposits in the form of cash, cashier’s check, or wire transfer with Barr Realty & Auction Co., Inc. within Twenty-Four (24) hours of the completion of the auction. The entirety of the remaining balance is due at closing on or before Nov 11th, 2013.<br>
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Purchaser will be responsible for all wire transfers.<br>
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Per the Contract, time is of the essence; you should proceed to closing within Thirty (30) days. Possession shall be given to the successful Buyer(s) at closing. Any closing fees charged by the buyer(s) lender or closing attorney will be a buyer(s) expense.<br>
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Successful Bidders not executing and returning their Contract with Earnest Money deposit within Twenty-Four (24) hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you, as purchaser or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made and could be additionally liable for any and all costs incurred by Seller and Barr Realty & Auction Co., Inc. incurred in a subsequent resale of the property.<br>
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Buyer(s) must be prepared to make a cash offer. There are no contingencies to this sale (i.e. financing, appraisal, repairs or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing. This property is being sold for cash “as is, where is.” with a closing deadline.<br>
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Barr Realty & Auction Co., Inc. reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. The identity of all bidders will be verified, bidding rights are provisional and if complete verification is not possible, Barr Realty & Auction Co., Inc. will reject the registration and bidding activity will be terminated.<br>
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Barr Realty & Auction Co., Inc. will make its best efforts to accept and submit your bids. However, due to possible equipment malfunctions, lapsed time due to internet connections or bidders not acting quickly enough we do not guarantee that a bid will be received and/or accepted. It is of no benefit to wait to the last second to submit a bid. In the event bidding is active the auto extend feature will automatically extend the time unless we inform you otherwise. It is for this reason that we highly recommend that you submit any and all bids as quickly as you can to ensure that it is received/accepted.<br>
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Barr Realty & Auction Company reserves the right to change a bidder’s user name and/or password at any time for any reason.<br>
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Buyer acknowledges they are buying property “as is, where is”, without inspections or contingencies, Buyer(s) will rely on his/her own judgment and inspection.<br>
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Barr Realty & Auction Co., Inc. and their representatives are Exclusive Agents of the Seller(s).<br>
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Real Estate is sold subject to any and all existing matters of record and all easements building use or zoning laws and regulations. Taxes: Prorated for 2013.<br>
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All Barr Realty & Auction Co., Inc. Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 5 minutes of the auction ending will automatically extend the auction for 5 minutes from the time the bid is placed. Example: If an auction scheduled to end at 12:00 p.m. receives a bid at 11:59 a.m., the close time of the auction automatically extends to 12:04 p.m. The auto-extend feature remains active until no further bids are received within the 5 minute time frame.<br>
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IMPORTANT NOTICE: Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account.<br>
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When using the website you must obey any and all local state and federal laws. Violations will result in termination of website use privileges.<br>
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Auction company employees and/or auction company may bid on auction items.<br>
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We gather aggregate information from this web site which may include but is not limited to: number of page visitors, most visited pages, any and all correspondence. All property sold “as is where is” condition with no warranty or guarantee expressed or implied. Although information has been obtained from sources deemed to be reliable, neither the seller nor the auctioneer makes any warranty or guarantee, expressed or implied as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make an inspection prior to the auction. All instant announcements from the auction company take precedence over any printed material or any oral statements made. Not responsible for accidents.