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Former Restaurant Building For Auction in Rio WI

AUCTION
in
120 Lincoln St
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Commercial building to be auctioned off online only at a bargain of an opening bid of only $20,000. Property has many opportunities for another restaurant, office building, day care building and many more uses with this property. Building has 2 bathrooms, walk in cooler, full basement, forced air, central air, newer furnace, updated electric, newer windows & siding and updated electric. Property’s 2017 Tax Assessment was $128,600 and taxes were $2,976.51.

 

Online Only Auction ending Nov. 8th 2018 at 6:00pm. Terms: Minimum Bid of $20,000. 10% Buyer’s Fee added to high bid to determine total contract price, Buyer to sign Offer to Purchase w/no contingencies & all auction documents, a $2500 nonrefundable down payment to be paid to within 24hrs after auction ending, buyer to close on property on or before Nov. 25th 2018.Property will sell at or above the minimum bid. Preview Oct 16th & 23rd 4-5pm. List price is a minimum bid. Seller will entertain per auction offer under all auction terms. Property will be sold free and clear of all liens & judgements.

START: 10/5/2018 5:00 PM   END: 11/8/2018 6:00 PM

LOCATION: Rio, WI

AUCTION TYPE: Real Estate

Commercial building to be auctioned off online only at a bargain of an opening bid of only $20,000. Property has many opportunities for another restaurant, office building, day care building and many more uses with this property. Building has 2 bathrooms, walk in cooler, full basement, forced air, central air, newer furnace, updated electric, newer windows & siding and updated electric. Property’s 2017 Tax Assessment was $128,600 and taxes were $2,976.51.

PROPERTY FEATURES:

Commercial Property
Restaurant & Bar
Investment & Income

AUCTIONEER: Travis Hamele

TERMS: 

Online Only Auction ending Nov. 8th 2018 at 6:00pm. Terms: Minimum Bid of $20,000. 10% Buyer’s Fee added to high bid to determine total contract price, Buyer to sign Offer to Purchase w/no contingencies & all auction documents, a $2500 nonrefundable down payment to be paid to within 24hrs after auction ending, buyer to close on property on or before Nov. 25th 2018.Property will sell at or above the minimum bid. Preview Oct 16th & 23rd 4-5pm. List price is a minimum bid. Seller will entertain per auction offer under all auction terms. Property will be sold free and clear of all liens & judgements.

Address: 120 Lincoln St
Zip: 53960
Country: Columbia
Property Id : 229259
Start Date: 10/5/2018 5:00 PM
End Date: 11/8/2018 6:00 PM
Auctioneer : Travis Hamele
Listing Number: 48084-43062
Lot Size (AC): 0.07000
Event ID: 74079
Event Type: Real Estate Auction
Property Building Size (SF): 1950
Office ID: 2507

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