Property Description

ABSOLUTE AUCTION, NO MINIMUM, NO RESERVE! Online Bidding Only. OFFICE/WAREHOUSE, AMPLE OVERHEAD DOORS AND CEILING HEIGHT, GREAT LOCATION, INVESTMENT OPPORTUNITY. This property includes two buildings being sold as one parcel. The total building size is 19,530 +/- SF. The South Building (449 N Water) was built in 1973 and includes 7,200 SF of warehouse and 1,380 SF of office space totaling 8,580 SF. The warehouse features gas heat and insulation, 11 overhead doors 10ft wide x 8ft tall, 10ft ceiling height. The office area includes a kitchen break room, reception area, conference area and 3 private offices. The North Building (455 N Water) was built in 1998. This building consists of 10,950 +/- SF of warehouse space. It features some heat and insulation, 18′ ceiling height and 7 overhead doors ranging in 12-15 feet heights. The property is being offered at auction Online Only. Bidding is open and closes on Friday, October 23rd at 11:30AM. Bidding will remain open until 1 minute has passed without receiving an acceptable bid. There is a 10% buyers premium that will be added to your final bid price. The sale is Absolute with No Reserve. Sale is as is, where is with no contingencies. At the conclusion of the auction, the successful bidder will be required to deposit $25,000.00 as earnest deposit and sign a purchase contract. Closing will occur on or before November 24th, 2020. Bidder packets will be available. MLS Number: 586932


Directions

Property is located just west of K-15 and Madison Ave. See sign on the south side of Madison

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