FORMER CHURCH REAL ESTATE AUCTION – BANK-OWNED PROPERTY

Description

Here is a great opportunity to own this all-brick building with almost three acres of land. The secured creditor is motivated to sell this bank-owned property to the highest bidder, subject to a modest reserve. The auction will be held on-site.

This single-story building includes a basement and totals approximately 6,576 SF. There is a paved parking area and driveways totaling 20,000 SF. The improvements are located on a parcel of land of 1.43 acres.

An extra parcel of land is adjacent to the previously described parcel, and is included in the sale. This extra parcel is 1.50 acres in size, making the total parcel size approximately 2.93 acres.

The property is zoned "RS" Residential Single Family, and most currently was used as a church. Prior to this zoning, the property had a "PUD" and "RM 15" designation, which allowed a greater range of uses.

Property Features Include:
- All-Brick Building
- Single Story plus Basement
- Building Size: 6,576 SF
- Parcel Size: 2.93 Acres
- Paved Parking Area & Driveway Size: 20,000 SF
- Zoning: "RS" Residential Single Family

Terms: Property sells "as is". A 10% earnest money deposit is required, with $10,000 in cash or cashier's check due on day of auction. The balance is due at closing within 30 days after auction. Download complete terms of sale from the "Documents" area above.

For More Information:
Norman J. Gallivan II, CAI
Gallivan Auctioneers & Appraisers
317.227.3720
[email protected]

Terms

Terms: Property sells "as is". A 10% earnest money deposit is required, with $10,000 in cash or cashier's check due on day of auction. The balance is due at closing within 30 days after auction. Download complete terms of sale from the "Documents" area.