EL DORADO COMMERCIAL REAL ESTATE AUCTION
AUCTION DATE: Wednesday September 10, 2014 5:30 P.M.
AUCTION LOCATION: 525 N. Oil Hill Rd., El Dorado, Ks 67042
Doris J. Higgins Revocable Trust dated September 27, 2006, Seller
PROPERTY DESCRIPTION: 1+- acre of excellent El Dorado, Ks commercial real estate with a building most recently used as a beauty parlor. With this great location there are many possibilites including a site for a metal building, storage, or any other commercial use. The location is less than a block from 6th St., which also serves as the northwest truck route. If you are looking for a shop location or commercial investment property, check this place out!
LEGAL DESCRIPTION: SURFACE ONLY Commencing at the Southeast Corner of the West Half of the Northwest Quarter of Section 3, Township 26 South, Range 5 East of the 6th P.M., in Butler County, Kansas, thence North 2,001.90 feet; thence West 97.42 feet for the point of beginning; thence West 262.58 feet; thence North 2.07 feet; thence West 40 feet; thence North 170 feet; thence East 170 feet, more or less, to the West right of way line of the highway; thence Southeasterly along said right of way line to the point of beginning.
TERMS: Earnest money is $2,500 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 October 10, 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.
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