Commercial Building on 1+/- Acre, Vincennes, IN, Approx. 40' Deep x 90' Wide (See Description for Complete Listing, Terms & Conditions) - Parrott Marketing Group
Lawrenceville, IL
Newton, IL
Commercial Building on 1+/- Acre, Vincennes, IN, Approx. 40' Deep x 90' Wide (See Description for…
Lot Number:15
Connecting
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Start Time:3/31/2024 1:00:00 PM
End Time:5/2/2024 11:01:40 PM
Bid Count:35
Starting Bid:$100.00
Bid Increment:$100.00
Current Bid:$22,300.00
Reserve not met

PARROTT AUCTION

EXCELLENT COMMERCIAL REAL ESTATE OPPORTUNITY

Thursday, May 2nd, 2024, Soft Closes 6 PM Eastern

797 South 6th Street Road, Vincennes, IN 47591

Signs & Multi-page Booklet Brochures will be posted.

This is YOUR Opportunity to Own Well Maintained Commercial Building on 1+/- Acre!

!~ Excellent Commercial Building in a Commercialized Area with Excellent Access ~!

Approx. 2.5 Miles to US Route 41, Major Roadways in all Directions!

Less than 1 Mile to the nearest Designated Truck Route in Vincennes! (Willow Street)

This single-story, approximately 40' x 90' commercial grade building features low maintenance metal roof & exterior walls, three (3) extra height overhead doors, 2 walk-in doors, plus a center divider wall with a sliding door! The extra height overhead doors & floor-to-truss truss measurement provide plenty of room for RVs, campers, heavy equipment & much more!

Large concrete front apron & gravel parking provide mud-free access to the property!

The adjoining vacant lot (included in auction), provides Worry-Free room for expansion! 

This building would make a great location for private storage for your RV, Camper, Boats, Cars & More! This commercial location would be an ideal spot for contractors of all trades, auto mechanics, heavy equipment/diesel mechanics, hybrid seed sales location, welding shop & much more! Plenty of room for loading & unloading of trucks & trailers!

This property is also a great start for a “Barndominium” Styled Home!

Multi-Tenant Potential: This property is an excellent candidate to use one half of the building, and rent the other half adding much-needed cash flow to your bottom line! This building features separate walk-in doors, separate overhead doors plus a divider wall with a sliding door making this possible with nearly zero out-of-pocket expenses!

R.E. Taxes: Seller to pay prorated taxes to the date of closing, and buyer(s) thereafter. Taxes are current and paid in full. Knox County Parcel Index Number: Lot with Building 42-12-29-400-001.000-023, Lot Size .5+/- Acre, ($1,451.18); Vacant Lot 42-12-29-100-003.001-023, Lot Size .5+/- Acre, ($99.80). Total Estimated Current Taxes: $1,550.98.

Lot Size: Total Lot Size of 1+/- Acre per county records. 2 Lots are included, Each .5+/- Acre.

Water: Sand Point Driven Well with Expansion Tank (new about 1+/- year ago).

Septic: No current septic is installed as the building has no restroom.

Electrical: 200 Amp Service on Breakers.

Directions: From Willow Street & 6th Street Intersection, continue southwest on South 6th Street road for approximately 1 mile to the auction location.

Directions from US 41: From US Route 41, take the Willow Street Exit, head Northwest on Willow Street to 6th Street, turn West, and continue for approximately 1 mile.

Truck Route: This property is within 1 mile of the Indiana Department of Transportation truck route (Willow Street) just outside the city of Vincennes, IN. Please see our website for the designated truck map route for the State of Indiana.

Preview: For a private tour of the property or more information, please Listing Broker Zane Parrott at 812-890-5452 for your guided tour!

 

Open House / Inspection Dates for both the Real Estate & Personal Property: 

Wednesday, April 10th, 4 – 6 PM Eastern

Wednesday, April 17th, 4 – 6 PM Eastern

Wednesday, April 24th, 4 – 6 PM Eastern

-and-

Wednesday, May 1st, 4 – 6 PM Eastern

-or- By Appointment for Added Convenience For You!

Please see www.parrottauctions.com for a complete listing and high-resolution interior and exterior photos!

 

Allied Concrete & Construction Group – Seller

 

Bid YOUR price on our custom-built bidding platform 24 hours a day!

Bid from your phone, tablet, or computer!

Bid from your living room, car, or anywhere you have an internet connection!

Bidding has started and Soft Closes 6PM Eastern, Thursday, May 2nd!

Real Estate Soft Close: This is a soft close auction meaning one key point:

1) If the Real Estate is bid on within the last TWO  minutes of the auction, the lot will automatically get extended for an additional TWO minutes. Additional time will continue to be added until no additional bids have been placed.

Automatic Bidding: (Max Bid Feature): No more forgetting to increase your bids -or- trying to keep pace with our online auctions.

Simply Place Once Bid And we’ll take care of the rest! This online bidding option makes bidding convenient allowing you to enter the maximum bid amount that you are willing to bid on an item. We encourage the use of this feature as it automatically competitively increases your bid for you up to your max bid price.

Approval of Bids: Seller fully intends to sell this property to the highest bidder day of auction, however, reasonable reserve is in place.

Bid Increments: $100 increment levels from beginning of auction to end of auction.

R.E. Terms: 10% down day of sale as non-refundable escrow. 6% Buyer Premium. Balance due, possession & taxes prorated to date of closing. Being sold "As is, Where is". Buyer to have all inspections completed prior to auction & have financial arrangements made prior to auction.

Termite: Termite Inspection and treatment will be paid by buyer(s).

Contract Viewing: Digital Copy of the Real Estate at Auction Purchase Agreement will be posted to our website for your viewing, if you have any questions regarding the contract, Please call our Listing Broker and Lead Auctioneer Zane Parrott. These terms and conditions are non-negotiable.

Contract Signing: Within 30 minutes of Auction Closing, Listing Broker Zane Parrott will contact the high bidder to make arrangements to sign the contract. You will be given two options:

Option 1) Real Estate at Auction Purchase Agreement will be emailed to the high bidder night of auction via electronic signature app with buyer dropping of the Non-refundable escrow placed next day via wire transfer -or- dropping off of check.

-or-

Option 2) Winning Bidder to meet Listing Broker Zane Parrott by 12NOON the following morning to sign contract in person and place non-refundable escrow at same time at convenient location for both parties.

Closing: Closing to occur as soon as necessary documents are prepared, plan on 45 days or less. All Customary Closing costs to be paid by each party. Land Title and Abstract, Lawrenceville, IL will be the issuing the title commitment and the closing agent on the transaction. Preliminary Title Commitment will be prepared and available for viewing on our website, www.parrottauctions.com prior to auction.

Being Sold Subject to Owner Confirmation.

No donations for this lot

Bidding Has Started and runs to 6PM Eastern, Thursday May 2nd, 2024.
Please Note: This is a soft close auction meaning if an item is bid on within the last 2 minutes of the auction, the Countdown Timer will automatically Reset to 2 Minutes!

See www.parrottauctions.com for bidding link or call our offices for assistance!

 

PERSONAL PROPERTY TERMS & CONDITIONS

Payment Terms: Cash, Check, Visa & MasterCard on purchases to be picked up. 14% Buyer’s Premium on all items sold (4% discount will be given if payment is made by cash or good check). Skid Steer, Mini Excavtor, JLG Telehandler, Genie Towable Lift, Trucks, Trailers & Motorcycle will need to be paid with Wire Transfer.

Release of Titles: Auction Co. Reserves the Right to Hold titles for until funds clear bank / confirmation. Parrott Auction Crew Member/Representative will call winning bidders to arrange wire on morning after the auction closes. If you have any questions, please call auction company regarding Wire Transfer of Funds.

Soft Close: This is a soft close auction meaning two key points: 1) all items feature a stagger of 10 seconds between each lot ending. 6 items will close each minute 2) If an item is bid on within the last 2 minutes of the auction, the lot countdown timer will reset to 2 Minutes. Additional time will continue to be added until no additional bids have been placed.

Preview: See Open House Dates listed on Page 3 of Brochure (Real Estate & Personal Property). 

Absentee Bidder Form: Another bidding option is to attend one of the scheduled preview dates and complete our absentee bidder form, name, address, contact information, max bid you’re willing to place, along with credit card information will be required when completing this form.

Invoice: All winning bidders will have an invoice emailed to the email address on file usually within 30 minutes of the last item closing. This invoice will also include instructions for pickup date, time, and location. Please Note: this invoice will show “UNPAID” in the upper right-hand corner, if you intend to pay with cash or check, do not pay using our online payment system.

Removal / Load Out: Parrott Auction Crew Members/representatives will be at the auction location of: 
797 South 6th Street Road, Vincennes, IN 47591, to administer Load Out on Tuesday, May 7th, 2024, 12NOON - 6PM Eastern, (the “Removal Dates”).

Failure to Pickup: If buyer(s) fail to attend the scheduled pick and notified us of their preference to pay cash, we will automatically charge the card on file immediately following the scheduled pickup time, no exceptions.

No Goods shall be removed until the purchaser’s invoice has been paid in full.

Please Use the Online Scheduler! This increases the efficiency of auction load out and decreases the amount of time you’ll spend loading your items!
ONLINE PICKUP SCHEDULER
Online Schedule Instructions: The morning after the auction closes we will send a load out scheduler to all the winning bidders. This scheduler system will supply any remaining time slots to the winning bidders. Scheduling can completed by text message and email both to allow for ultimate flexible to you, the buyer. If you do not choose a time slot, load outs will be on a first come, first served basis and you will be asked to wait until an auction crew member can assist the load out process.
This will increase efficiency and decrease your time spent at the auction pickup!
If you do Not Schedule a Time Slot, Pickup will be on a first come, first served basis.

Allied Concrete & Construction Group - Seller

 

 

REAL ESTATE TERMS & CONDITIONS

Real Estate Soft Close: This is a soft close auction meaning one key point:

1) If the Real Estate is bid on within the last TWO  minutes of the auction, the lot will automatically get extended for an additional TWO minutes. Additional time will continue to be added until no additional bids have been placed.

Automatic Bidding: (Max Bid Feature): No more forgetting to increase your bids -or- trying to keep pace with our online auctions.

Simply Place Once Bid And we’ll take care of the rest! This online bidding option makes bidding convenient allowing you to enter the maximum bid amount that you are willing to bid on an item. We encourage the use of this feature as it automatically competitively increases your bid for you up to your max bid price.

Approval of Bids: Seller fully intends to sell this property to the highest bidder day of auction, however, reasonable reserve is in place.

Bid Increments: $100 increment levels from beginning of auction to end of auction.

R.E. Terms: 10% down day of sale as non-refundable escrow. 6% Buyer Premium. Balance due, possession & taxes prorated to date of closing. Being sold "As is, Where is". Buyer to have all inspections completed prior to auction & have financial arrangements made prior to auction.

Termite: Termite Inspection and treatment will be paid by buyer(s).

Contract Viewing: Digital Copy of the Real Estate at Auction Purchase Agreement will be posted to our website for your viewing, if you have any questions regarding the contract, Please call our Listing Broker and Lead Auctioneer Zane Parrott. These terms and conditions are non-negotiable.

Contract Signing: Within 30 minutes of Auction Closing, Listing Broker Zane Parrott will contact the high bidder to make arrangements to sign the contract. You will be given two options:

Option 1) Real Estate at Auction Purchase Agreement will be emailed to the high bidder night of auction via electronic signature app with buyer dropping of the Non-refundable escrow placed next day via wire transfer -or- dropping off of check.

-or-

Option 2) Winning Bidder to meet Listing Broker Zane Parrott by 12NOON the following morning to sign contract in person and place non-refundable escrow at same time at convenient location for both parties.

Closing: Closing to occur as soon as necessary documents are prepared, plan on 45 days or less. All Customary Closing costs to be paid by each party. Land Title and Abstract, Lawrenceville, IL will be the issuing the title commitment and the closing agent on the transaction. Preliminary Title Commitment will be prepared and available for viewing on our website, www.parrottauctions.com prior to auction.

797 South 6th Street Road
Vincennes, Indiana 47591
United States

Invoice: All winning bidders will have an invoice emailed to the email address on file usually within 30 minutes of the last item closing. This invoice will also include instructions for pickup date, time, and location. Please Note: this invoice will show “UNPAID” in the upper right-hand corner, if you intend to pay with cash or check, do not pay using our online payment system.

Removal / Load Out: Parrott Auction Crew Members/representatives will be at the auction location of: 
797 South 6th Street Road, Vincennes, IN 47591, to administer Load Out on Tuesday, May 7th, 2024, 12NOON - 6PM Eastern, (the “Removal Dates”).

Failure to Pickup: If buyer(s) fail to attend the scheduled pick and notified us of their preference to pay cash, we will automatically charge the card on file immediately following the scheduled pickup time, no exceptions.

No Goods shall be removed until the purchaser’s invoice has been paid in full.

Please Use the Online Scheduler! This increases the efficiency of auction load out and decreases the amount of time you’ll spend loading your items!
ONLINE PICKUP SCHEDULER
Online Schedule Instructions: The morning after the auction closes we will send a load out scheduler to all the winning bidders. This scheduler system will supply any remaining time slots to the winning bidders. Scheduling can completed by text message and email both to allow for ultimate flexible to you, the buyer. If you do not choose a time slot, load outs will be on a first come, first served basis and you will be asked to wait until an auction crew member can assist the load out process.
This will increase efficiency and decrease your time spent at the auction pickup!
If you do Not Schedule a Time Slot, Pickup will be on a first come, first served basis.

Excellent lineup of professional-grade concrete & construction tools! Trucks, trailers, John Deere Mini Excavator, CAT Skid Steer, JLG Lift, Genie Man Lift, a complete lineup of concrete forms, power trowels, power tools, and much more!