1919 W Central Ave

Description

Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, April 20th, 2021 at 2:00 PM (cst) | BIDDING CLOSES: Thursday, May 6th, 2021 at 2:10 PM) (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! NO MINIMUM, NO RESERVE!!! Excellent opportunity to purchase 4,700 +/- square foot multi-purpose building and warehouse on 0.65+/- acre lot in El Dorado! This building is located on amain arterial road in El Dorado which provides great visibility. It is zoned "C-1" Business - General District. This property offers a large, paved parking lot and a multi-purpose building with two separate units. One unitincludes a 1,500 square foot medical office and the other is a 3,200 square foot warehouse. The medical office is currently being utilized as a chiropractic practice by the owner/operator. Possible lease back of office space with the seller. Contact the auction service for details.The warehouse side of the building includes a large open space with apit and a bathroom. This unit is currently being used by the owner for personal storage but was previouslyrented for $2,000/month with a short-term Paintless Dent Repairtenant(weather dependent), with the potential to rent for more. Suite A has central heat and air,suite B has only central heat, and both suites have 110 volt and 220-volt electricity. The back portion of the building on the chiropractic office space has foundation settling, which has not prevented the chiropractor from using the space. However, seller obtained a bid to add piers to foundation, and that bid is provided in the Property Information Packet. Don't miss out on this great investment opportunity! *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, "as is where is condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or sellers agents. It is incumbent upon buyer to exercise buyers own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyers responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or sellers agents was obtained from a variety of sources and neither seller nor sellers agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyers premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $20,000