ABSOLUTE AUCTION
Saturday, September 17, 10:00 AM
Historic Downtown Rider Building
Apx 6,600 Sq Ft – 2 Stories
Corner of Dixie & Mulberry St, Elizabethtown
LOCATION: One of the most prominent and highly visible locations in downtown Etown at the corner of Dixie Ave & Mulberry St.
REAL ESTATE: A 2 story brick building with approximately 3,740 sq ft on the main level & approximately 2,888 sq ft on the 2nd level (per PVA drawing). The main level features a front entry from Dixie Ave into the foyer/hall with ornate staircase, large rooms with fireplaces, chandeliers, and plenty of windows providing natural light as well as visibility of the interior from traffic on Mulberry St, two ½ bathrooms, 2 doorways on the Dixie Ave side, smaller rooms in rear with exterior exits and trap door access to the cellar, 4 garage bays (2 with overhead doors and 2 open), and wheelchair ramp accessibility at the rear entrance. The second floor has a large landing, 7 spacious rooms (several fireplaces), 2 full bathrooms, and full kitchen area. Upstairs has been used primarily for storage in recent years, but offers the potential for an enormous amount of living space or other potential use. The property is located at one of, if not THE most prominently visible spots in the downtown area at the corner of Mulberry St (US-62) and Dixie Ave (US-31W). The lot has 16 parking spaces but is just a short walk from municipal as well as other parking areas.
TERMS: A 10% buyer’s premium will be added to the winning bid to determine the final sale price. On real estate, $25,000 will be due on the day of auction with the balance due within 30 days. The good faith deposit will be deposited into the Hodges Auction escrow account and held until closing, at which time a check from the escrow account will be issued and credited to buyer. 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. Information is derived from PVA, County Clerk, or other public source information and is not guaranteed. Property sells as is with no guarantees by the seller or Hodges Auction Company.
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