PRIME EL DORADO, KS COMMERCIAL REAL ESTATE

AUCTION DATE:  Wednesday October 15, 2014 6:00 P.M.
AUCTION LOCATION:  705 S. Haverhill Rd., El Dorado, Ks 67042.  Auction will be held On-Site.

PROPERTY DESCRIPTION:  2.5+- acres of premium commercial property in El Dorado, Kansas.  This property is located in between Butler Community College, the new BG Products Veterans Memorial Sports Complex, and the new Villas at BCC apartment complex.  Past use of the property was Triple A Hardware Store.  The property would be ideal for boat and RV storage or warehouse space.  Currently located on the property:  9184 square feet retail building, 72' x 72' shop/storage building, 78' x 19' shop building built in 1973, 86' x 19' shop building built in 1985, and a 24' x 12' storage building.  

LEGAL DESCRIPTION:  Commencing at a point being 313.06 feet South and 417.43 feet West of the Northeast Corner of the Southeast Quarter of the Southeast Quarter of Section 4, Township 26 South, Range 5 East of the 6th P.M., Butler County, Kansas, thence on an assumed bearing of S 00 23' 34" W a distance of 397.97 feet for a point of beginning; thence S 89 12' 35" E a distance of 377.22 feet to the west right of way line of SW Haverhill Road; thence S 00 23' 34" W along said right of way a distance of 293.54 feet; thence N 89 12' 35" W a distance of 377.06 feet; thence N 00 23' 35" E a distance of 293.54 feet to the point of beginning.

TERMS:  Earnest money is $15,000 due at the conclusion of the Auction with the balance due upon Sellers submission of merchantable title and closing. Closing date shall be on or before November 17, 2014. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way. This property is not selling subject to financing or inspections. Interested buyers need to view the property prior to the date of the auction and have financing available and any inpsections performed prior to bidding. All pertinent information is available upon request. All announcements made the day of the auction take precedence over any other announcements or printed material.