Absolute Auction of
3.95 Commercial/Lake Acres
Saturday, February 17th at 10:30 a.m.
Shoreline Drive – Somerset, Kentucky
(Lake Cumberland)
Directions: Take West Hwy 80. Approximately 3 miles to Shoreline Drive and turn right. (just before Lees Ford Marina). Auction signs are posted.
This acreage has great commercial potential being located just minutes from Somerset and just before Lees Ford Marina. Also would make a stunning sight for home building as tracts of this property have a wonderful view of the lake!This has been divided into the following parcels allowing you to choose the parcel best suited for you.
Tract #1 fronts Shoreline Drive approximately 261 feet and contains 1.33 acres. This tract would be an excellent site for placing boat storages.
Tract #2 measuring .88 acres also has frontage along Shoreline Drive of 249 ft. This tract would also be the ideal site for building boat storages.
The entrance to Tract #3 is also on Shoreline Drive. Tract #3 borders West Hwy. more than 600 ft. and also has Corp frontage of more than 175 feet. Tract #3 offers an amazing view of the Lake!! There is an older dwelling on this tract.
Tract #4 is accessed from and ingress/egress easement on Tract #4 and has Corp Frontage of 140 feet. This tract also has that same great view and would be an excellent combination with #3.
AUCTIONEERS NOTE: Whether for investment or pleasure, this property affords you the opportunity to choose!! Join us on the morning of February 17th for this all important land auction.
TERMS: 20% down the day of the auction, with the balance due in full within 30 days.
Note: There will be a ten percent buyer's premium added to the last bid to determine the final sales price.
Note: The purchaser of a single-family residence built before 1978 has a period of ten days to inspect the property for the presence of lead based paint. The inspection period is February 6th, 2018 through February 16th, 2018. The successful bidder must sign a waiver of the 10-day post-inspection period.
AUCTIONEER/BROKER/SELLER DISCLAIMER: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its as-is condition with no warranties expressed or implied.
Announcements made the day of the auction take precedence over printed matter.
For additional information or appointment to see the property, contact the auctioneers at 606-679-2212.
Note: The purchaser of a single-family residence built before 1978 has a period of ten days to inspect the property for the presence of lead based paint. The inspection period is February 6th, 2018 through February 16th, 2018. The successful bidder must sign a waiver of the 10-day post-inspection period.
AUCTIONEER/BROKER/SELLER DISCLAIMER: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its as-is condition with no warranties expressed or implied.
Announcements made the day of the auction take precedence over printed matter.