REAL ESTATE AUCTION – 3160+/- SF Commercial Office Building – 1816 N 20th Ave., Pasco, WA – SOLD

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Posted on 5th October 2010 by admin in Sold

 

November 16, 2010 (http://www NULL.flickr NULL.com/photos/42205070 null@null N08/5057231675/)

 

 

ABSOLUTE REAL ESTATE AUCTION

1750+/- SF Commercial Office, 15′ Upper Level w/ 1408+/- SF Lower Level

150′(w) x 125′(d) surface area w/ asphalt paving – 1989 construction w/ ducted cooling/heating system

Auction Date:   Tuesday, November 16, 2010 – 2 pm

Auction Location:  1816 N 20th Avenue, Pasco, WA 99301 (on-site)

Sale Terms:

  • 10% Buyer Premium will be added to the high bid to determine the selling price.
  • A $10,000 bidder deposit will be required, made payable to Benton-Franklin Title Company to secure bidder participation.
  • The earnest money deposit, equal to 10% of the purchase price, will be required at the close of the auction in the form of a cashiers check made payable to Benton-Franklin Title Company.  The $10,000 bidder deposit check will be applied to that percentage.
  • Cash at closing on or before 30 days, no later than December 17, 2010; or Seller financing.  If seller financing option is chosen, a down payment of 30% of the sale price will be required.  Terms of the note shall be 6.5% interest, monthly payments based on 10 year amortization with a 5 year balloon payment.  The note will be secured by a deed of trust on the subject property.
  • This property will be sold to the high bidder, regardless of bid.

Property Inspection:

By appointment – please contact Merle Booker 509-989-2324, Ted Potter 509-531-2121, Gary Graber 509-521-3316

Contact Information:

Western Real Estate Auctions, LLC (509) 297-9294

Prospective buyers are advised to consult with an attorney of their choice with respect to the purchase of any real property, including, but not limited to, seeking legal advice from their own attorney regarding disclosures and disclaimers set forth here

Cooperating Broker Agreement

Property Information:

Appraisal Dimensions (http://farm5 NULL.static NULL.flickr NULL.com/4109/5060406651_5a603dfcab_m NULL.jpg)   Building Utilities
Franklin County Appraisal Details
Appraisal Dimensions
Franklin County Commercial Data
Franklin County Treasurer
Franklin County Mapsifter
Commitment for Title Insurance

 

Auction Documents:

Auction Terms & Conditions

Purchase and Sale Agreement

Finance Addendum

Promissory Note

Deed of Trust

Statutory Warranty Deed

Law of Real Estate

 

 

 

 

 

 

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