Retail Store & Apartment At 513 N Main In El Dorado For Sale By Auction

PROPERTY DESCRIPTION: Not often do you get the chance to purchase commercial property on Main St in El Dorado! Storefront previously utilized as a tanning salon, offers a front receptionist area, 5 offices in the back, and a bathroom.  Move on to the rear building and you will find a 2 car garage with a 1 bedroom apartment above! This property offers a great location to create traffic for your business and provide some rental income with the apartment!

LEGAL DESCRIPTION: LOWER’S, E L, 2ND ADD , LTS 119, 121, 123 MAIN ST SECTION 02 TOWNSHIP 26 RANGE 05E

2015 REAL ESTATE TAXES: $1937.62

TERMS: Earnest money is $3,500 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 May 23, 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. Seeing 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.