Auction  Details

Proven Trust

Proven Experience

Proven Results

Auction Dates

Starts: Sat, Feb 3, 2018 10:00AM

Description

ABSOLUTE AUCTION
ATTENTION INVESTORS!

MULTI - FUNCTIONAL DUPLEX:
VERY NICE REMODELED APARTMENT ON ONE SIDE!
WAREHOUSE/STORAGE AREA ON THE OTHER SIDE!

Attention: This unique building offers numerous possibilities. Investors, you have 2 rentals under one roof, one apartment and one for storage. Homebuyers can purchase and live on one side and conduct a home based business on the other side. Another possibility is to remodel the warehouse side and turn it into another apartment. This building boasts several possibilities!

INCOME PRODUCING ± 2,235 SQ. FT. BUILDING * ZONED R-3

ALSO SELLING: CARPORT, APPLIANCES, ANTIQUES/COLLECTIBLES, TOOLS, FURNISHINGS, MODEL TRAINS, TOYS, CAR PARTS, ETC.

When: Saturday, February 3, 2018 @10 A.M.
Where: 215 & 217 Clements St., Paducah, KY 42003
Auction held on site rain or shine.


Directions: From the intersection of Irvin Cobb Dr./Hwy 62 & Wayne Sullivan Dr./Hwy 60, near Southside Walgreens & Dairy Queen travel northeast on Wayne Sullivan Dr. 2.0 miles turning left on Clements Street beside Auto Credit Car Dealership. Continue 0.2 miles arriving at property on right. Signs posted.

Real Estate: Consider this unique piece of real estate that includes an attractive apartment & retail/warehouse space all under one roof! This property boasts a +/- 747 sq. ft. 1 Bedroom, 1 Bath apartment, & +/- 1,325 sq. ft. of warehouse space!

Exterior Overview: Public sidewalk runs in front of the building & concrete steps lead to the separate entryways for the living & retail/warehouse spaces. Property also features a long-lasting metal roof, fenced courtyard, & two-car parking in the rear!

Interior Overview:

Apartment:
Living Room: +/- 11’ x +/- 17’6” w/linoleum floor covering, paneled walls, drywall ceiling, double-hung window, & a Sears electric wall heater. Bedroom: +/- 11’ x +/- 16’2” w/linoleum floor covering, 10’ x 10’ walk-in closet, double-hung window, 100 Amp subpanel, & Whirlpool window air conditioner. Kitchen/Dining Room: +/- 10’11” x +/- 18’ w/linoleum floor covering, paneled walls, drywall ceiling, natural gas wall heater, double-hung window, built-in electric stove, built-in oven, range hood, numerous cabinets, & dishwasher. Bathroom: +/- 7’6” x +/- 11’ w/linoleum floor covering, paneled walls, drywall ceiling, tub/shower combo, sink, vanity, & toilet.

Retail Space/Warehouse:
Front Room: +/- 19’10” x 16’10” w/linoleum floor covering, 100 Amp breaker panel, drop ceiling, paneled walls, & baseboard heater. L-Shaped Room: +/- 40’10” x +/- 19’9” x +/- 14’10” x +/- 26’ x +/- 11’9” w/concrete floor, paneled walls, & drop ceiling. Bathroom: +/- 4’10” x 6’ w/sink & toilet. Utility Room: +/- 7’6” x +/- 13’9” w/concrete floor, paneled walls, water heater, washer & dryer hookups. Storage Room: +/- 10’8” x +/- 14’


Utilities: Atmos natural gas, Paducah Power, 100 Amp breaker panels with both sides on separate meters.


Personal Property

Carport: 20’x 21’x 7’T

Furniture: Jenny Lind headboard & footboard, computer desk, wood frame sofa, chifforobes (2), wooden cabinet, wooden desk w/chair, wooden filing cabinet, wooden coffee table, upholstered chair, TV cabinet, 3-shelf wooden cabinet, lighted glass display cases, desk chair, wooden ladder back chair, wooden chest w/5 drawers

Kitchenware: Tupperware, pots & pans, half-gallon watermelon jar w/spout, gallon Mason jar w/spout

Appliances: GE side-by-side refrigerator, waffle irons, blenders, Weber tabletop gas grill, Vector Desk Mate refrigerator/oven, Oster microwave, Haier dorm refrigerator

Electronics: printers, computer monitors, Televisions

Home Décor: wooden framed mirror, Regulator pendulum wall clock, lamps, ceiling fans, “The Smithy” print, glass vases, misc. framed prints

Antiques & Collectibles: antique trunk w/tray, Disney Minnie Mouse phone, Winnie the Pooh clock, Coca-Cola glasses, cookie tins. Lunchboxes: Dick Tracy, Snow White, Star Wars, Laugh-In, Pac-Man, Jungle Book, Sesame Street, and more! Model Trains: 119 Union Pacific engine & control cars, New York Central, 5628 Sante Fe engine w/additional cars & tankers, 490 engine w/additional cars, Atlantic Coastline, 666 all metal engine w/smokestack (2) & additional cars, Rocky Mountain Express train w/box, Kansas City Railroad pocket watches in original packaging (3), “Lionelville” train station clock, 2001 “Carole Towne” train set w/box

Tools: drills, jack stands, Black & Decker 10” miter saw, Penske timing light, Ramset D60 fastening tool, Werner 10’ fiberglass stepladder, Black & Decker trimmers (3), electric blower

Car Parts: 2-barrel carburetor, 1986 Ford F-150 grill, brake drums & shoes, hubcaps, 4-barrel carburetor

Toys: jigsaw puzzles, metal Tonka cement truck, Batman cars w/batteries (2), metal dump truck, and dolls

Misc.: DVDs, assorted jewelry, fish tank w/stand, VHS tapes, purses, phones, vintage watering can, assorted metal shelves, natural gas wall heaters, backpacks, and Janome mini sewing machine


Terms of Auction:

Real Estate: 15% good faith deposit due day of sale. Balance due in 45 days. 10% buyer premium added to final bid and included in the total contract price. Showings are by appointment only or between the hours of 8:00 A.M.-10:00 A.M. on day of auction. Announcements day of auction will take precedence over any previous marketing, either written or oral.

Procedure: Initial procedure determined by auctioneer.

Title: Fee Simple Absolute title delivered.

Deed: Seller will provide a Warranty Deed.

Purchase Agreement: Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.

Possession: Possession given at closing.

Restrictions: Any recorded restrictions (if any) and zoning regulations apply.

Easements: Sale of property is subject to any and all easements of record.

Absence of Warranties & Disclaimers: All information contained herein and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy. Errors and/or omissions insurance are assumed by the seller or the auction company. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

Personal Property: Cash, credit card or check day of sale with proper ID. 10% buyer premium added to final bid. Kentucky sales tax will apply as required unless tax exempt.

Auctioneer’s Note: Auction held on site, rain or shine. Purchasers will have the following business day (Monday) to remove merchandise, if necessary. Any announcements made day of sale take precedence over printed material or any other oral statements made. Auction Company or owner is not responsible for accidents.

New Information, Corrections & Changes: Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information

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