THIS IS A COMPLETED SALE
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View current listings by this company
Commercial Real Estate Auction - 1460 Cumberland Falls Highw
Previous Page Listing ID#: 38136
Auction Location |
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Corbin, KY 40741 |
Auction Dates and Times |
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Bidding Starts: Monday Apr 24 Bidding Ends: Wednesday Jun 14 |
Auction Type |
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Online Auction VIEW ONLINE CATALOG |
Company Information |
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Interstate Auction & Realty Website: www.interstateauctionrealty.com GoToAuction.com ID#: 2245 View company information and listings |
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Listing Terms and Conditions |
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10% buyers premium will be added to the final bid price to determine the sales price, 10% NON REFUNDABLE down payment due on June 14th by 6:00 pm with the balance due within 30 days. Property selling AS-IS with no guaranties or warranties expressed by the sellers or the auction company. Property is sold subject to all easements of record including but not limited to city access and utilities. All inspections of properties should be done prior to bidding, if you would like to view the property please call Adam at 606-261-5043. Please note that all information is published for the convenience of buyers and should not be relied up exclusively.
The successful high bidder on each property will be required to sign a Real Estate Purchase Agreement by 6:00 PM on June 14th 2017, and will make an earnest money deposit of ten percent (10%) of the total sales price payable to Interstate Auction & Realty Escrow Account. The balance is to be paid in full at the deed closing within 30 days. The contract will not be contingent upon financing. Current taxes will be prorated at the date of closing. Seller has the option of extending the contract 30 days to correct an unforseen title issues that may arise. All Measurements are from independant surveys and tax records and not guaranteed by the seller or the auction company.
Online Bidding – Interstate Auction & Realty, Auctioneers, employees, or represented sellers will be held harmless in the event of techinchal difficulties beyond our control. Interstate Auction & Realty will not be held resposible if internet service fails to function properly, power outages occour, or software fails to function before, during or after the auction.
Interstate Auction & Realty format is a “Timed Online Auction Event” that replicates a live auction scenario. In the event that a bid is placed in the final 5 minutes of the auction, the ending time will be extended for an additional 5 minutes to allow additional bids to be accepted. You may at any time enter your “Maximum Bid” and the computer software program will bid on your behalf up to your bid limit. If for any reason you need assistance please contact our office and we will be happy to assist you in the bidding process.
A. Property
1) Seller will convey the Property by General Warranty Deed fee and clear of all
liens and encumbrances except as specified in the Title Commitment and the
Auction Real Estate Sales Contract.
2) The Property is selling subject to, and any Contract is not contingent upon, any
state of facts an accurate survey or personal inspection of the Property may reveal,
any existing rights-of-way, easements, or claims to easements, encroachments,
rights or claims of parties in possession, restrictive and protective covenants,
flood zones, zoning, or subdivision regulations, building codes, health and safety
codes, governmental agencies regulations, environmental conditions, hazardous
materials, leases or tenancies, any mineral rights, reservations or leases, and
subject also to all title exceptions as set forth in the Title Commitment that is
available for inspection.
B. Property Inspection
1) It is the Purchaser's sole responsibility to: a) perform all inspections (legal,
environmental, economic or otherwise) of the Property and to be satisfied as to its
condition prior to bidding; b) review all property information and due diligence
materials; c) independently verify any information they deem important including
information available in public records; and d) inquire of public officials as to the
applicability of and compliance with land use and environmental laws, zoning,
building and health & safety codes and ordinances and any other local, state or
federal laws and regulations.
2) All information contained in the auction brochure and all promotional materials,
including, but not limited to, photographs, directions, acreage, square footage,
dimensions, zoning, maps used for promotion, environmental conditions, taxes,
etc., was provided by or on behalf of the Seller and is believed to be correct;
however, neither the Seller nor the Auction Company makes any promise,
representation, guarantee, or warranty as to the accuracy or completeness of such
information. There is no obligation on the part of Seller or Auctioneer to update
any information. Purchaser and Purchaser's broker shall be responsible for
verifying all acreage and square footage amounts through public records.
C. Default
In the event the Purchaser fails to close and pay his/her balance when due, Seller
reserves all rights allowed by law and the sales contract, including a suit for damages,
specific performance or cancellation of the sale with the Seller to retain the earnest
money deposit. Any action taken after default shall be solely at the Seller's option
with all costs incurred by Seller being paid by the Purchaser. Any contract disputes will be
tried or mediated in a Laurel or Whitley County Kentucky.
D. Disclaimer
1) Personal on-site inspection of the property is recommended and bidders are
advised to independently verify all information they deem important. This
Property is being sold "As-Is, Where-Is" and with "All Faults". The Seller and
Auctioneer have not made, do not make and will not make, and hereby disclaim,
any representation or warranty, whether expressed or implied or statutory,
whether oral or written, with respect to the Property, including, without limitation,
any warranty as to its value, condition, acreage, square footage, suitability,
merchantability, marketability, operability, zoning or subdivision regulations,
mineral rights, environmental condition or fitness for a particular use or purpose.
No Guarantees are given as to the availability of utilities or accesses, or the
permitted or allowable uses of the Property
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Listing Information |
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Commercial Real Estate Auction
1460 Cumberland Falls Hwy, Corbin KY 40701
Don't miss this outstanding opportunity to purchase this large full brick office condominium located in one of Corbin's most desired commercial locations. Located just minutes from the Interstate as well as Baptist Health Hospital, Banking, Pharmacy and other needed ammenities. This move in ready office property operated as a successful medical practice until the retirement of the current owner, and is ideally suited for nearly any business requiring professional office space. This auction is a timed Internet Only Auction ending on Wednesday, June 14th at 1:00 PM EST. If you would like to view the property prior to bidding please contact Adam at 606-261-5043 to schedule a showing. 1 1460 Cumberland Falls Hwy - Brick Office Condo This high quality brick construction office building is located in one of Corbin's most premiere commercial areas. Ideally situated just feet from the busy Cumberland Falls Highway this property offers great access, generous paved parking and great ... |
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