Colonial Centre-Great Location-Old Family Dollar Building Selling with No Reserve & 4 Unit Strip Center

631 S. College St,  Harrodsburg,  KY  40330 |  December 9, 2017  10:00 AM - 10:00 AM

Lonnie Gann | Louisville, KY


Colonial Centre-Selling in 2 Tracts Great Visiblity, Located in the Main Retail Corridor in Harrodsburg 613-697 S College St Harrodsburg KY Auction 1: Absolute Auction-No Minimum-No Reserve Old Family Dollar Building Appx. 8600 Sq. Ft Zoned B-2 Auction 2: 4 Unit Strip Center w/9200 Sq. Ft Zoned B-2 **ATM Pad Potential

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A 10% Buyers Premium will be added to the winning bids to determine the final contract selling price for the property. The purchaser shall make a non-refundable deposit at the conclusion of the auction in the amount of 10% of Total Purchase Price.  The deposit must be in the form of cash, certified check, cashier’s check, or good personal check secured by purchaser’s personal demand note. The balance to be paid upon delivery of a general warranty deed on or before December 31st, 2017. Possession to be given at closing and date of deed.  Time is of the essence in the purchase agreement. Taxes will be Prorated. The property is being sold as is with no warranty.   BUYERS ACKNOWLEDGE THEY HAVE EXAMINED THE BOUNDARY SURVEY AND ACCEPT THE PROPERTY BOUNDARIES AS SHOWN.  An unencumbered marketable title to said property to be conveyed by General Warranty, with the usual covenants such as a title company will insure, subject to easements of record, restrictive covenants of record as to the use and improvements of said property and any applicable regulations imposed by Mercer County.  BUYER hereby releases the SELLER and Auctioneer/Broker from any and all liability relating to any defect or deficiency affecting said real estate, which release given shall survive the closing of this transaction.  We/I have read the entire contents of this contract and acknowledge receipt of same.  We/I, are/am not relying on verbal statements not contained herein.  Terms of this contract shall survive the deed. Buyer is to verify lot size, square footage, restrictions, floodplain, and taxes. Auctioneer/Broker/Seller will not be liable for this information. All risks of loss with respect to the property shall remain with SELLER until the closing and delivery of deed.  In Cooperation with Keller Williams Realty Louisville. *Any Announcements made the day of the Auction take precedence over printed material or any other oral statements made. 

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