Online Only Auction

Commercial Real Estate

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Brief Description

7500 sq.ft. of office/retail space available.  This property offers so much to an owner occupant or investor.  5,000 sq.ft. is ready for tenants.

Auction Schedule

Online Bidding Only
Began: Wednesday, May 31, 2017 at 3:00 PM EDT Ends: Tuesday, June 20, 2017 at 6:00 PM EDT

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Details

Online Only Auction. Bidding Ends June 20, 2017 6:00pm 1213 S. 4th Street, Louisville, KY 40203 7500 sq.ft. of office/retail space available.  This property offers so much to an owner occupant or investor.  5,000 sq.ft. is ready for tenants.  Located in Old Louisville Historic District just 4 blocks to Interstate-65, 3 blocks from Central Park and 6 blocks from University of Louisville. Ideal for Coffee shop, Deli, Day care, Art Studio, Hair Salon, Bakery, Clothing, Tanning Salon, Hardware store, Laundry facility, Boarding and Lodging, & Convenience store. (Suite 100 Retail) 2,500 sq.ft of first floor storefront with offices in the back with separate entrances. 3 bathrooms and rear parking for customers/employees. Fully fenced. (Suite 200 Office Space) 1,000 sq.ft of office space on 2nd floor above storefront.  6 office, 2 full baths, 2 separate entrance for 2 tenants.  Immediate occupancy. (Suite 201 Office) 1,700 sq.ft. office space or apartment.  This space has been roughed in for your finishes.  All stud work has been done.  7 room & 1 bath. Everything is there for your finishing touches.  Separate entrances. (Suite 300 Office) 800 sq.ft. of office or apartment. This suite has 4 rooms 1 bath roughed in for your finishes. (Suite LL Basement) 1,500 sq.ft. of Retail or Office Space.  Fully finished with fluorescent lighting, concrete floors, 5 windows. Great space for storage. Preview: Wednesday, June 14, 12-2pm or by appointment. Documents pertaining to this property and link to bidding: www.louisvilleauctionteam.com Online Bidding Platform:  www.bidkentucky.com Online Only Auction. Bidding Ends June 20, 2017 6:00pm

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Gallery: 1213 S 4th Street

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Auction Terms

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid to determine the contract selling price for real estate. TERMS & CLOSING: Purchaser shall make a down payment at the conclusion of the auction of $20,000.00 in the form of cash, certified check, cashier’s check, or good personal check secured by purchaser’s personal demand note payable to the RE/MAX 100. Balance to be paid for a general warranty and insurable title on or before 30-45 days. Possession with deed. Property is selling AS IS and not subject to financing, appraisals or inspections. Buyers may obtain inspections at their own expense. Buyer to waive lead base paint inspection. Buyer is to verify lot size, square footage, restrictions, floodplain, and taxes. Auctioneer/Broker/Seller will not be liable for this information. REAL ESTATE PRORATIONS: Real estate taxes to be prorated to date of delivery of Deed on property. Property is subject to prior sale. INSPECTION TIMES: Wednesday, June 14, 12-2pm AUCTION END TIMES: Auction Professionals of Kentucky/RE/MAX 100 On line Auctions are timed events. For your convenience, the closing of items will be on a staggered basis of 5 items every minute. For example, items 1-5 will begin closing at 6:00, items 6-10 will begin closing at 6:01, items 11-15 will begin closing at 6:02, etc. The closing of some items may be extended in the event of last minute bidding. See paragraph below regarding the Extended Ending feature.. Auction Professionals of Kentucky/RE/MAX All property is sold in “AS IS” and “WHERE IS” condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, charge backs, etc, will be allowed. There will be inspections at specified times and it is the bidder’s responsibility to determine condition. Bidder’s failure to inspect any item or lot will not constitute grounds for any claim, refund, adjustment, charge back, etc. All description information has been gathered from sources which we believe to be reliable but are not guaranteed. Auctioneer makes no warranties or guarantee of any kind with respect to condition, authenticity, source, condition, suitability for a particular purpose, etc. Auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary.

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