Operating Laundromat Located In Eureka, Kansas

Estate of Joyce Armitage, Seller

Parcel A: Real Estate located at 621 N Main in Eureka, KS. commonly known as The Laundry Station. Commercial building contains 1560 square feet currently utilized as a laundromat/laundry service. 2 restrooms service the building. Lot measures 10,500 square feet, there is a detached garage/storage building in the rear.  Located at the southwest corner of Main and 7th in Eureka, visibility is great for potential customers.

Parcel B: Personal property contents of the Laundry Station including equipment, office furniture, refrigerator, etc.  These personal property items will be sold in one lump sum.

• (6) Speed Queen Commercial Top Load Washer – Coin operated – 14lb capacity – Model# SWT 921WN, SN# 1012026243, 1012026244, 1101009948, 1012026235, 1011009912(needs serviced), 1101009915
• (4) Speed Queen Stacked Gas Commercial Dryers – Coin operated – 10.6 cu ft – Model# STT30NBCB2G2W01, SN# 1011008312, 1010010085, 1011006891, 1011001529
• Crosley Top Load Washer- Greaser
• Roper Top Load Washer – Greaser
• (3) Metal Drying Racks on Wheels
• (4) Metal Laundry Carts
• (2) 6ft Plastic Folding Tables
• Card Table w/ 4 Chairs
• GE Refrigerator
• Office Desk & Chair
• Couch

Parcel C: A combination of Parcel A and Parcel B.

PROPERTY LOCATION: From HWY 54 (River Rd) and Main, north on Main to property.

2015 REAL ESTATE TAXES: $1,707.78

REAL ESTATE TERMS: Earnest money is $5,000 down 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 17, 2016. There will be a 10% buyers premium ($1,000 minimum) added to the high bid to determine the contract price. 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 any inspections 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.

PERSONAL PROPERTY TERMS: Payment will be due in full at the conclusion of the auction. All announcements made the day of the auction take precedence over any printed materials. Payment will be accepted in the form of cash, approved check, or credit card. There will be a 10% buyers premium on the personal property.