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Downtown Commercial Building & Lot For Sale at Auction

AUCTION
115 West Madison Street, ,
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Grow Mortgage Company, LLC will be selling their downtown Franklin corner building and lot on Thursday, November 15, 2018 at auction. The auction will begin at 1:00PM on-site and will include the office furnishings & equipment, misc tools and supplies. 

The building is concrete block with concrete slab foundation with a new Duro-Last roof installed in 2017. The HVAC systems were replaced in July of 2017. The corner building is approximately 42.6' X 42.1' with frontage on West Madison Street and College Street with a side door as well. Currently the interior design offers a large reception area, coner street entrance with glass front dis[play windows, 4- office desk areas and a conference area and a single 1/2 bath with additional wet bar sink and cabinets.The building rests just one block from the Downtown square and Main Street in Franklin, KY. The property is well suited as professional offices and/or your custom owner-operator business. The interior is wall to wall carpet with an elevated floor in the rear. An enclosed area measuring 17.8' X 10.9'  that is currently used for storage is also suitable as a kitchenette.  

The building and owners have been prominent folks and part of Franklin for many years, once known as Arnold Drug's Store and currently home to Grow Mortgage Company for the past 17 years. 

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LOCATION: Franklin, KY

AUCTION TYPE: Real Estate

Grow Mortgage Company, LLC will be selling their downtown Franklin corner building and lot on Thursday, November 15, 2018 at auction. The auction will begin at 1:00PM on-site and will include the office furnishings & equipment, misc. tools and supplies. 

The building is concrete block with concrete slab foundation with a new Duro-Last roof installed in 2017. The HVAC systems were replaced in July of 2017. The corner building is approximately 42.6' X 42.1' with frontage on West Madison Street and College Street with a side door as well. Currently the interior design offers a large reception area, coner street entrance with glass front display windows, 4- office desk areas and a conference area and a single 1/2 bath with additional wet bar sink and cabinets.The building rests just one block from the Downtown square and Main Street in Franklin, KY. The property is well suited as professional offices and/or your custom owner-operator business. The interior is wall to wall carpet with an elevated floor in the rear. An enclosed area measuring 17.8' X 10.9'  that is currently used for storage is also suitable as a kitchenette.  

The building and owners have been prominent folks and part of Franklin for many years, once known as Arnold Drug's Store and currently home to Grow Mortgage Company for the past 17 years. This property is certainly a mainstay and historic piece of the downtown Franklin community. 

PROPERTY FEATURES:

frontage on 2 streets
display windows
new roof & HVAC systems
two entrance doors
one block from Main Street
1,750 sq. ft. open floor plan
Call Ron or Chris 270.783.3000

AUCTIONEER: Ron Kirby, Jr.

TERMS: 

TERMS AND CONDITIONS: Real Estate: Ten percent down on sale day with balance due on or before December 15, 2018. Taxes prorated at closing with possession upon delivery of deed. Property selling As Is, with no contingencies, including post sale inspections, financing nor appraisals. A ten percent buyer's premium will be added to the final bid price to establish the real estate sales and purchase contract selling price. Personal Property: Everything selling “As Is, Where Is”, cash or good check with proper ID on sale day. Kentucky sales tax will apply unless a resale certificate is completed upon registration.A ten percent buyer's premium will apply on all personal property, Announcements made day of sale will take precedence.

 

Address: 115 West Madison Street
City:
Area:
State/County:
Zip: 42134
Country: Simpson
Property Id : 230942
Auctioneer : Ron Kirby, Jr.
Listing Number: 16058-18194
Lot Size (AC): 0.03600
Event ID: 74137
Event Type: Real Estate Auction
Property Building Size (SF): 1750
Office ID: 4463

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