UPDATE: The property sold for $44,000 and closed on 07/16/10.
SPRINGFIELD COMMERCIAL PROPERTY
ABSOLUTE AUCTION
Equipment ♦ Supplies ♦ Office Equipment
Wednesday ♦ June 30, 2010 ♦ 10:00 AM
Location: 17 Penn St, Springfield, OH. From Spring St, take Main St (US 40) east to north on Penn St (at Schuler’s Bakery). Penn St runs between Main and High Streets.
PERSONAL PROPERTY SELLS AT 10:00 AM
Trucks & Vans
· 2001 International S2300 w/24’ cargo bed on twin dual axles, Cummins diesel NB 11 engine, & 680,974 miles
· 1993 Kenworth w/24’ cargo bed on twin dual axles, Cummins diesel L10 engine, & 7-speed straight transmission
· 1986 International S2375 diesel with 24’ cargo bed on twin dual axles, 10-speed transmission, & 800,000 miles
· 1997 Savannah GMC 2500 ¾ ton panel van (bad transmission)
· 1997 GMC Savannah 1500 panel van w/158,000 miles
· 1974 Ford Econoline panel van
· 1966 Ford Econoline panel van
· 1961 Ford Econoline panel van
Automobiles
· 1983 Renault Fuego 2-dr coupe
· 1996 Dodge Charger
Equipment
· (4) Yale 2-ton motorized lift trucks
· Liftright 5500 lb. hand jack/truck
· Utility & hand carts
· Reddy Heater Professional Series 200T torpedo heater
· Ladders & more
Food Items: 25+ pallets non perishable food items.
Office Furniture & Supplies: Office desks & chairs; computer & accessories; Dell MFP 1815 laser printer; electric time clock & card stock; metal cabinets; filing cabinets; Dayton Safe Co. electric safe with combo & customer deposit drawer & much more.
Terms (Personal Property): Cash, checks or MC/VISA w/positive ID. 3% convenience fee on credit card purchases. 10% buyer premium on all purchases. Lunch.
REAL ESTATE SELLS AT 12:00 Noon
No Minimums
No Reserves
This historic downtown property has long been the home of local breweries, dairy distribution, and food distribution businesses since the building’s original construction in the mid-19th century. Located between Main and High Streets, the property provides a great location just south of Schuler’s Bakery with loads of opportunity for new business ventures. Approximately 1 acre of land with 15,000 SF under roof (12,000 SF warehouse space) in main brick building (3 stories) and over 4,000 SF in rear stone & masonry storage building. Nicely equipped with loading docks and overhead doors. Offices on Section Street first-story frontage. Join us for a great opportunity to purchase at your price!
Call for complete Bidder Package!
REAL ESTATE SALE TERMS
Bidding Procedure: The property will sell absolutely to the highest bidder regardless of bid price.
Acceptance of Bid Prices: The successful bidder will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding.
Buyer Premium: A 10% premium will be added to the final bid price to form the final contract price.
Down Payment: $5,000 down payment will be deposited with the Auction Company on the date of auction upon signing of Confirmation of Sale Agreement; balance due at closing. Bidding IS NOT CONDITIONAL UPON FINANCING.
Real Estate Taxes: Taxes will be prorated to date of closing using long proration method.
Closing Date: On or before August 13, 2010. Purchaser will pay customary portion of closing costs at closing.
Possession: Date of closing.
Agency: Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.
Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Confirmation of Sale Agreement. Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information. The property is sold on an "AS IS, WHERE IS" basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Seller or the Auction Company. Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. Neither the Seller nor the Auction Company assumes liability for its accuracy, errors, or omissions. Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, legal capacity, etc. All decisions of the Auctioneer are final.
Auction by Order of Secured Creditor
STRAHLER FOODS, INC.
Toll Free: 1.866.282.8284