Saturday, September 15, 2018 - 10:30 a.m.
1910 North Main Street London, KY
Absolute Live On-Site Auction
Prime Commercial Property
6 2/3 Acres with 5 Buildings (Offered in 3 Tracts)
Saturday, September 15th at 10:30 AM
910 North Main Street London, KY
Directions: From Interstate 75 Exit 41 in London, KY follow Highway 80/Hal Rogers Parkway East 1/2 mile and turn right/South onto Highway 25/North Main Street. Proceed 2/10 mile to the property on left. Auction signs are posted.
This exceptional commercial property is ideally located just off Interstate 75 near the Hal Rogers Parkway / Main Street intersection and is surrounded by thriving businesses including Burger King, McDonald's, Kroger, CVS Pharmacy, Forcht Bank, Speedway, Auto Zone and many more. It has access from Main Street and Andrews Lane and borders the Hal Rogers Parkway right of way. It is very unique with 6 2/3 acres, city utilities, 5 versatile buildings and room to build more. The property will be offered in 3 tracts at multi parcel auction.
Tract 1: 1.2 acres with 137 feet of frontage on North Main Street and 361 feet of frontage on Andrews Lane. This tract features 4 buildings. Building one presently houses Hibbitts Brothers plumbing and electrical supply and features: concrete block and brick construction, 2 levels each with nearly 6,000 square feet, 2 private offices, 4 restrooms, large display room, large customer service room, multiple storage and stock rooms, gas heat, central A/C and much more. Building 2 features a metal frame and exterior, 2 levels, walk in doors, high garage door and electric service. Building 3 features metal frame and exterior, 3 levels walk in door, high garage door and electric service. Building 4 features concrete block construction, 2 levels, electric service, walk in door and garage door.
Tract 2: 2.07 acres with 127 feet of frontage on Andrews Lane and borders Hal Rogers Parkway right of way. It features an extremely versatile building with 12,000 +/- square feet on 2 levels. It could be finished to be anything from apartments to a shop to retail. It is very sturdy with poured concrete and concrete block construction. It includes a loading dock with ramp, safe room, 3 phase electric service, 3 garage doors, gas heaters, unfinished office area and huge open areas ready to finish as needed.
Tract 3: 3.39 acres with 344 feet of frontage on Andrews Lane and a long border with the Hall Rogers Parkway right of way. This tract has no buildings and is ideal for multiple possibilities.
TERMS: 20% down, balance due in full within 30 days.
BUYER PREMIUM: A 10% Buyer’s Premium will be added to the winning bid amount to determine the final sale price.
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 properties are selling in their as-s condition with no warranties expressed or implied.
For further details and a survey map call our London office.