Real Estate Sold for: $77,000
Wednesday, June 22nd, Noon
- Great Location
- Nice Size Lot
- Ample Road Frontage
- High Visibility
- Contents Included
- Good Signage
Location: 1505 Main Street – Benton, KY. Located in the “Y” of Main Street and Poplar Street.
This commercial property was operated as a drive-in restaurant for years. With its combination of lot size and a high-visibility location, it could be a fit for a wide variety of businesses.
Announcements made day of sale take precedence over printed matter.
Terms and Conditions:
Terms for Real Estate: The purchaser shall pay 10% of the purchase price as a down payment at the auction site at the conclusion of bidding. The balance is due with delivery of the Trustee’s Deed on or before August 5th, 2022.
Evidence of Title: The Buyer will be responsible for any fees associated with the owner’s title insurance policy if one is desired. Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title and similar related matters. All tracts are sold “AS IS”.
Real Estate Taxes: All taxes due and payable at closing shall be paid by the Trustee.
Closing: Closing shall occur on or before August 5th, 2022.
Contents: All contents, not owned by vendors, shall be included in the sale.
Possession: Possession shall be granted to the successful bidder at closing.
Acreage: All tract acreages and proposed boundaries are approximate and have been based off of legal descriptions, tax records, aerial maps and other documents.
Disclaimer: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. THE PROPERTY IS SOLD “AS IS, WHERE IS”. No warranty of representation, either express or implied, or arising by the operation of law concerning the Property is made by the Seller and the Auctioneers and are hereby expressly disclaimed. In no event shall the Seller or Auctioneer/Broker be liable for any consequential damages. The information contained herein is believed to be accurate but subject to verification by all parties relying on it. Seller and Auctioneers assume no liability for its accuracy, errors and omissions. All boundary lines and dimensions are approximate. Seller and Auctioneer reserve the right to preclude any person from the bidding if there is any question, in the sole judgment of the Seller and Auctioneers, as to such person’s creditworthiness, ability or willingness to close on the purchase of the property, credentials, fitness, etc. All decisions of the Auctioneer are final.
There is NO BUYERS PREMIUM. Normal and customary closing costs will apply.
Sellers: Mark Little - Trustee in Bankruptcy