Commercial Showroom/Garage Building in Taylor, MI
ONLINE ONLY COMMERCIAL REAL ESTATE AUCTION. Bidding opens January 28th and ENDS February 12, 2018 at 2pm eastern. LOCATION: Property is located at 25739 Van Born Rd. Taylor, MI 48180. DIRECTIONS: From Romulus, MI (I-94 @ Detroit Metro Airport) take I-94 east 2.3 mi. to Ecorse Rd. (Exit 200). Exit and continue on Ecorse Rd. east for 0.7 mi. to Beech Daly Rd. Go north on Beech Daly 1 mi. to Van Born and east on Van Born to building. REAL ESTATE: INCREDIBLE OPPORTUNITY is what best describes this property. This auction offers a 7,755 Sq. Ft. Commercial building with showroom, office, 2 restrooms, heated shop and garage areas (with four large overhead doors facing Van Born). Property has 2 addresses (25711 and 25739) and 2 property id numbers. This building is in a great area and was formerly home to a very successful door company. Property currently zoned B-1, Local Business District. This building is ready to become your business hub today! April 2017 appraisal has property valued at $190,000. OPEN HOUSES: We will host open houses at the property on February 1, 2018 (12pm - 2pm) and February 4, 2018 (3pm - 5pm). Viewing is only available at open houses. TERMS & CONDITIONS: Successful bidder will pay a $10,000 NON REFUNDABLE earnest money deposit within 48 hours of auction conclusion in the form of cash, cashier's check, wire transfer and MUST sign a binding purchase agreement. Cash or new mortgage only - THIS SALE IS NOT CONTINGENT ON FINANCING, buyer will forfeit deposit if unable to close. Seller will provide clear title. Seller responsible for own closing costs and title insurance. Buyer to pay own closing costs. Closing within 60 calendar days of auction close with Hassett Title in Monroe, MI. Taxes pro-rated as paid in advance to date of closing. Real estate sells subject to owner's approval. Buyer to pay a 10% buyers premium. Call for broker participation. The property is being sold in "AS IS, WHERE IS, WITH ALL FAULTS" condition. NO warranty or representation, either expressed or implied, concerning the property is made by either the Seller or the Auctioneer(s). Bidders are responsible for conducting their own independent inspections, investigations and all due diligence concerning the property and auction at their own risk. Neither the Seller, Seller Broker nor the Auctioneer(s) are warranting any specific zoning classification, location of utilities, assurance of building permits or water/septic permits; no warranting or representing as to fitness for a particular use or physical or environmental condition. Diagrams, dimensions in the advertising are approximate. All bidder(s) MUST sign and return a signed Terms & Conditions form prior to bidding. Successful bidder is responsible for any/and all inspections/repairs required by the City. See website for forms and complete terms.