ABSOLUTE AUCTION - Commercial Real Estate, Personal Property
Saturday, October 7th, 10:00 AM
2,135 sq ft Commercial Bldg – 0.41 Acre
Remaining Inventory of Western Wear
914 N. Mulberry St, Elizabethtown
LOCATION: N. Mulberry St (US-62) about 1 mile west of I-65
REAL ESTATE: An approximately 2,135 sq ft commercial building used as a retail location for Boot County Western Wear for the past 25 years. The property was owned at one time by Claudia Sanders, wife of Colonel Sanders, and was used as a restaurant. The front of the building has an entryway foyer with doors on either side which lead to the front door. In its current configuration, the cashier counter is on the left as you enter the showroom. At the back of the showroom is one functional bathroom and one bathroom that was used as a changing room but could easily be converted back to a bathroom to have men’s and women’s individual restrooms. Behind the counter is the office area, which leads to a storage area and around to the back portion of the building; where the mechanical room and old walk-in freezer are located. The building has natural gas head, central air, city sewer, and city water. Situated on approximately 0.41 acre, the property is very conveniently located on the highly traveled US-62 (N. Mulberry St) just one mile west of the I-65 exit 94.
PERSONAL PROPERTY: Remaining inventory including boots, boot tips, heel guards, belts, belt buckles, wallets, patches, western wear, cowboy hats, ball caps, hat accessories, and store shelving and displays.
TERMS: A 10% buyer’s premium will be added to the winning bid to determine the final sale price. On real estate, $10,000 will be due on the day of auction with the balance due within 30 days. Property taxes will be prorated to the date of deed. Possession will be given with the deed. Inspection of the property may be performed by prospective bidders prior to the auction. Shown by appointment only. On personal property, cash, good check, or credit card payment for the full purchase amount is due on the day of auction. Property sells as is with no guarantees by the seller or Hodges Auction Company.