ABSOLUTE AUCTION
Thursday, September 12th • 10:07 AM
5732 Benton Road • Paducah, KY
Heart of Reidland • Tri-plex/Duplex
In the heart of Reidland, this tri-plex/duplex office/retail building recently earned $15,600 annually – with room for much growth. Located next door to Huck’s convenience mart and across the street from Reidland Elementary.
With approximately 2,275 Sq. Ft. under roof, situated on a ±100x150 Ft. lot with blacktop parking, recent upgrades including the natural gas central heat & air; city water & sewer. The back lot is also rented. All on a month-to-month basis.
Auctioneer's Note: No longer fully rented. Both the renters have moved out or are in the process of moving out. I think they realized that the days of near half-price rent is soon to be over.
Terms of Auction: 15% Deposit day of auction; balance within 45 days. A 10% Buyer’s Premium will be added to the final bid and included in the total contract price.
Terms of Real Estate Auction: 15% Deposit day of auction; balance within 45 days. A 10% Buyer's Premium will be added to the final bid and included in the total contract price.
Should an online bidder be the winning bidder on real estate, they will be required to sign a Purchaser's Contract with RARE Auction Group and provide the full deposit via cash, check, or wire funds, by the end of business the day of the auction.
