(Off Market) Commercial Office / Warehouse Space

325 S 11th St, Springfield, 62703

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Office | For Sale | 10,700 sqft

AUCTION OF BANK OWNED PROPERTY! Combination office/warehouse located in the downtown are of Springfield, IL. The building has a total of 7700 square feet of office space and 1 overhead door with warehouse area. The building also contains a 3000 square foot loft area for storage.

Previously Valued: $195,000
Minimum Acceptable Bid: $112,500 (Sellers Reserve)
Buyers Premium: 2%
Price Slash: 36%
List Price is $195,000 with a minimum acceptable bid of $112,500. Buyer’s fee of 2% or $2,000, whichever is greater, will be added to the high bid to determine final sales price. Nonrefundable earnest money of 5% of the minimum acceptable bid due from high bidder at auction. Cash closing, no contingencies. Please call Micoley & Company Auctions at 888-662-1020 for more information or visit www.micoleyauctions.com.

PROPERTY MAY BE PURCHASED PRIOR TO AUCTION. Auctioneer: Amy Wick #475.120582 Broker: Amy Wick $475.120582. A buyers premium will be added to high bid to determine sale price; please see bidder's packet for more details. Non-refundable earnest money of 5% of the minimum acceptable bid due from the high bidder the day of auction. Cash closing, no contingencies.

Price Per Sqft: $18.22

Available: 06/19/2012

Listing ID: 204774


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325 S 11th St Details:

Building Description:

AUCTION OF BANK OWNED PROPERTY! Combination office/warehouse located in the downtown are of Springfield, IL. The building has a total of 7700 square feet of office space and 1 overhead door with warehouse area. The building also contains a 3000 square foot loft area for storage.

Previously Valued: $195,000

Minimum Acceptable Bid: $145,000

Buyers Premium: 2%

Price Slash: 26%

Auction Location: 325 S. 11th Street, Springfield, IL

Auction Date: September 17, 2011, 12:00 PM

Inspection/Registration: September 17, 2011, 11:30 AM

Square Footage: 10

Lot Size: .18 Acres

PROPERTY MAY BE PURCHASED PRIOR TO AUCTION. Auctioneer: Amy Wick #475.120582 Broker: Amy Wick $475.120582. A buyers premium will be added to high bid to determine sale price; please see bidder's packet for more details. Non-refundable earnest money of 5% of the minimum acceptable bid due from the high bidder the day of auction. Cash closing, no contingencies.

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