Commercial Real Estate
November 11, 2017
Auction Date: Saturday, November 11, 2017
Auction Time: 10:00 AM
Property Address: 2900 SE Kentucky Ave, Topeka, Kansas
Auction Location: On-Site
Directions: From S Kansas Ave east on SE 29th St to SE Kentucky Ave.
Open for Preview: Open Sunday, October 29 and November 5, 2017, 2-4 PM
2900 SE Kentucky Ave, Topeka Kansas
Auctioneer’s Note: Very nice office building on busy Topeka street corner. Formerly a bank building and insurance office. High visibility with 15,290 cars daily on SE 29th St. Large parking lot for employees and customers with easy
REALTORS® welcome! 1% coop. For all showings, please call ShowingTime at 1-800-SHOWING (1-800-746-9464) or call Darrell E. Simnitt 785-231-0374.
Legal Description: SHAWNEE
Property ID: 1341702001002000
Zoning: OI2 per county
Lot Size: 17,538 square feet per county
Building Space: 1,496 sq ft per county
Shawnee County Appraised Value: $77,000
Listing Company: Countrywide Realty, Inc.
Countrywide Realty, Inc.
Simnitt Real Estate & Auction, Inc
Terms and Conditions of Auction: The property will sell in its present existing condition with all faults and without warranties provided by the seller or REALTOR/Auctioneers whatsoever.
The property will sell for cash. $3,000 or 10% of the contract price (whichever is greater) down the day of auction with the remainder due upon delivery of the deed and marketable title.
Purchaser to arrange for their own financing. The sale is not subject to any inspections or financing that might be required by the high bidder’s lender. All costs for high bidder’s loan will be the responsibility of the high bidder and not the seller. Real estate taxes to be prorated to the day of closing. The seller reserves the right to refuse the last high bid.
A Transaction Fee of $150.00, to be shared equally between the Seller and Buyer, shall be paid to Countrywide Realty, Inc. at the time of closing. The Seller and Buyer further agree that any closing fee charged by a closing agent, settlement agent or escrow agent involved in the closing of this transaction, shall be paid by the Buyer.
Each and every bidder is urged to inspect the property before submitting a bid on the property.
All Prospective Bidders: The property will sell in its present condition “as is” “where is” without warranties, guarantees or inspections provided by the seller or REALTOR/Auctioneers whatsoever. All prospective bidders are urged to inspect the property and have any and all inspections completed (at your expense) prior to auction day. Bidders you are urged to review all documents on file with the city, county, state of Kansas, and title reports prior to auction day. All information is provided by others and is deemed reliable but not guaranteed by REALTOR®/Auctioneers. The high bidder accepts the property in its present condition without any inspections provided by the seller or REALTOR®/Auctioneers such as EPA, lead base paint, surveys, structural, mechanical, electrical, plumbing, (septic where applicable), mold mildew, moisture damage, termite damage, EIFS, or code enforcement violations of applicable governing body. Bidders, you should have completed these inspections prior to auction day to your satisfaction. Bidders, you should have completed your risk assessment inspection for the presence of lead base paint within 10 days prior to auction day on homes constructed prior to 1978. Purchaser agrees to sign a waiver to conduct a lead based paint inspection at the time of signing the real estate contract. (Contact auctioneers with questions concerning lead base paint.)
The seller and REALTOR®/Auctioneers make no other representation or warranties expressed or implied with respect to the compliance with the accessibility laws or the environmental condition of the premises and the surrounding properties. The property will be sold subject to restrictions, reservations, easements, assessment community contracts, and zoning orders. Bidders should satisfy themselves with respect to all issues which you deem material to the transaction.
Statements made the day of auction takes precedence over anything printed or stated prior to auction day.
Seller(s) and/or REALTOR®/Auctioneers are not responsible for accidents or theft.
Real Estate Licensees: A commission of 1% of the selling price will be paid at the time of closing to any real estate licensee representing a buyer on the day of the auction. However, said real estate licensee must have registered said buyer in writing or Online 24 hours before the day auction with Darrell Simnitt of Countrywide Realty, Inc. and be with said buyer the at the auction. Seller will not offer sub-agency to any real estate licensee. All real estate licensees will represent the interests of the buyer and not the interests of the seller. Realtor/Auctioneers represent the seller and are agents of the seller.