141 S Ellis St

Description

Property offered at ONLINE ONLY auction. BIDDING OPENS: Thursday, June 1st, 2023 at 2 PM(cst)|BIDDING CLOSING: Thursday, June 15th, 2023 at 2:20 PM(cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!!14,000 +/- square-foot commercial building in a great central location near the corner of Douglas and Hydraulic! The possibilities are endless with this very large, blank canvas. All brick Flat roof 2 overhead doors Huge open interior Office area Restrooms w/ lockers Alley access Zoned Central Business District Conveniently located near all major highways 123 S. Ellis Ave, the commercial building to the north is also being auctioned.This property is located in the "Gilbert-Mosley Groundwater Site." This property is subject to encroachments, easements, and a Memorandum of Understanding. Details can be found in the title commitment in the property information packet. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, "as is where is condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or sellers agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyers premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $40,000anticipates closing on or before 30 days from the date of sale. A 45-day close is available at the discretion of purchaser with deposit of $60,000in earnest money at the time of contracting..