ABSOLUTE AUCTION - Commercial Real Estate
Saturday, March 30, 10:00 AM
Commercial Building – 0.53 Acre
5,400 Sq Ft of Space – Ideal For Multiple Uses
104 Manor Avenue, Bardstown
LOCATION: Just east of the US-150 and BG Pkwy intersection turn right onto Maywood Ave then right onto Manor Ave. The property will be on the right, backing up to US-150 and visible from the exit.
REAL ESTATE: An all brick commercial building located in a highly trafficked and highly visible location. Situated on a 0.53 lot, the property provides extremely easy access from US-150 and the Bluegrass Parkway. The building is situated as follows:
2,770 square feet currently used by a flooring company for displays and office areas, it features 9 private offices, 3 full bathrooms, full kitchen, storage areas, hardwood flooring, foyer area large enough for lobby/waiting, 2 staircases for basement access, mechanical room, 3 front entrances, and several other areas currently used for displays that could easily be converted into additional office space or most anything one could need. The entrance to this level faces Manor Avenue.
2,770 sq feet currently used by 3 different businesses. The center of the space is a salon with lobby/waiting area with sitting room to side, booth area, storage closets, full bathroom, salon area, 2 private rooms, break room, and a mechanical room with laundry hookups. To the left of the salon is currently a television station with large lobby/multi-use area, 2 offices, ½ bath, and storage closets. The area to the right of the salon consists of one office with storage space. All spaces have exterior entrances and face US-150, with signage along the road.
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. 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. Current leases are all on a month to month basis, so possession will be landlord possession honoring the current paid month. Inspection of the property may be performed by prospective bidders prior to the auction. Shown by appointment only. Property sells as is with no guarantees by the seller or Hodges Auction Company.
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