MANUFACTURING/WAREHOUSE REAL ESTATE ONLINE AUCTION

Description

ONLINE ONLY COMMERCIAL/MANUFACTURING REAL ESTATE AUCTION

3246 DR MARTIN LUTHER KING JR BLVD

ANDERSON, IN 46013

ONLINE SALE ENDS JULY 27TH @ 3PM EASTERN

GALLIVAN IS PLEASED TO OFFER THIS 16,000SF MANUFACTURING/WAREHOUSE REAL ESTATE AT AUCTION.

PLEASE SEE TERMS OF SALE UNDER DOCUMENTS TAB

CLICK HERE TO BID!!!!

PROPERTY INFO-

TOTAL ACREAGE:                        1.36

NUMBER OF BUILDINGS:           2- CONNECTED BY ENCLOSED ALLEY                        

COUNTY:                                          MADISON

CITY:                                                  ANDERSON

PARCEL ID:                                      48-11-23-300-007.000-003

SHAPE:                                              AN IRREGULAR RECTANGULAR SHAPE TRACT UNDER ONE PARCEL WITH A CUTOUT ON MLK BLVD

BUILDING INFORMATION-

DATE OF CONSTRUCTION:  ORIGINAL BUILDING (8250/SF) 1971.  EXPANSION (8000/SF) 2006

TOTAL LAND AREA: BASED ON ASSESSOR INFORMATION: +/- 1.36 AC

TOTAL SF:                16,250

HEAT:                        GAS OVERHEAD FURNACES

OFFICE:                     +/-1,175/SF

ADDITIONAL INFORMATION AVAILABLE UNDER DOCUMENTS TAB

INSPECTIONS BY APPOINTMENT ONLY.  CONTACT MATT GALLIVAN AT 317-227-3720.

Terms

THE SALE WILL BE OPERATED BY NORMAN J. GALLIVAN INC. UNDER THE FOLLOWING TERMS. Gallivan is not responsible for malfunctions or system errors which cause a bid or bidder to fail to be recognized or registered. If there is a dispute, the Auctioneer may re-open the bidding at the Auctioneer's sole discretion and shall serve as the sole arbiter as to who is or is not allowed to bid. The Auctioneer reserves the right to add to, delete, withdraw, consolidate or break down properties or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding and to accept or reject any or all bids.

Absentee bids may be accepted at the discretion of the Auctioneer. Any and all decisions of the Auctioneer regarding the order and conduct of the auction shall be final and absolute without liability to any party. Seller reserves the right to cancel or withdraw any property at any time.

All auctions are subject to court or seller approval. Most sales are approved within 14 days. Buyers are not allowed possession until filing of the deed, at which time the property should be re-keyed. "Showing" requests from Buyers after the auction may not be able to be accommodated.

Bidding starts at the Opening Bid indicated and is open to all who registered and are approved. The Auctioneer will call the sale and control any increments of bidding. The bidding will continue for a period of seven (7) days for the property. The auction ends at a predetermined time with an Overtime Period if necessary. The last bid shall be made final.

A ten percent (10%) Buyer’s Premium will be added to the high bid and included in the total purchase price paid.

Each high bidder must make a 5% non-refundable deposit per property ($2,500 MINIMUM - whichever is greater) at the conclusion of the auction. Electronic wire funds, ACH Debits, and cashier's checks are the only forms of payment accepted.

If Buyer is a winning bidder and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Gallivan represents the Sellers only and does not inspect properties on bidder's behalf. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Auctioneer. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

SELLER AND AUCTION COMPANY HAVE NO KNOWLEDGE OF THE SUBJECT PROPERTY OR ITS FIXTURES OR CONDITION AND ARE NOT RESPONSIBLE FOR SUCH.

YOU ARE ENTERING INTO A BINDING CONTRACT. THERE ARE NO REFUNDS OR BID CANCELLATIONS. THE REGISTERED BIDDER IS PERSONALLY RESPONSIBLE, LEGALLY AND FINANCIALLY FOR ALL AUCTION ITEMS BID UPON WHETHER REPRESENTING ONE'S SELF OR ACTING AS AN AGENT. AN ONLINE BID ACCEPTED AT PUBLIC AUCTION IS A LEGAL AND BINDING CONTRACT TO PURCHASE. ANY BIDDER WHO FAILS TO CONSUMATE A PURCHASE WILL BE BANNED FROM BIDDING AT ALL FUTURE SELLER AUCTION EVENTS AND MAY BE PURSUED FOR CIVIL AND/OR CRIMINAL VIOLATIONS.