RESTAURANT BAR FIXER UPPER BRICK COMMERCIAL BUILDING HUGE BRICK BUILDING GREAT BUSINESS OPPORTUNITY Start Price USD 0.01 Current Price USD 4,100.00 Time Left - Bid Count 19 Buy It Now Price - Reserve Price - Start Time Monday, July 14, 2008 End Time Thursday, July 24, 2008 Location Knox City, Missouri See more about 'RESTAURANT BAR FIXER UPPER BRICK COMMERCIAL BUILDING' Description THIS IS A REAL ESTATE CONTRACT Up for auction, we are offering this 2,850 Square Foot Commercial Building located in Knox City Missouri. A North East Missouri town of approximately 250 people. The building is located right on Highway 6. The building sits on a lot approximately 28.5' wide by 150' long M/L. The square footage of the building is approximately 2,850 more or less. This building used to be a bar and restaurant, however it can be used for many different purposes, such as for various retail businesses or storage. As you can see, it is a very large building with tons of potential but it is a Fixer Upper and needs extensive rehabilitation. The building has a main floor, a basement and an upstairs. The upstairs could possibly be used as living quarters, however it has a low ceiling, but it is possible to have a bedroom and a kitchenette up there. The roof is leaking and needs to be replaced. A lot of the ceiling tiles are coming down and there is some insulation on the floor where it has fallen out from the ceiling. There is a small lot in the back of the building. As you enter the building, the front section used to be the restaurant, there is room for tables and booths, there is also a nice large kitchen and a bathroom. There are some booths, tables and chairs that come with the building along with all sorts of other stuff. I haven’t gone through the contents so I don’t know what all is there. The back portion is a large room where the bar was located. There is a nice sized bar and plenty of room for sitting and dancing. However, if you wanted to use the building for other purposes, it would be a great room for lots of different things. I have not had the heat or the water on, so I cannot guarantee the plumbing or furnace. The electricity does work and it appears that the wiring has been updated, however, I can’t guarantee the electricity. Knox City is a small rural community with approximately 250 people. Knox City is only 9 miles from Edina, Missouri and is also 35 miles from Kirksville, Missouri where there is plenty of shopping and restaurants as well as Truman State University and lots of employment opportunities. Knox City is also 40 miles from Quincy Illinois where there is also lots of restaurants and shopping. Remember, this building is a fixer-upper and needs extensive rehabilitation. When completed, this building would be a wonderful business opportunity and would make an excellent rental or a place to start your own business. I do not guarantee anything about the building and is sold AS IS, WHERE IS. The property is FREE AND CLEAR of all liens and back taxes.  Annual Taxes on the building is $302.00 This auction is AS IS WHERE IS. There is a $3,000 NON-REFUNDABLE GOOD FAITH DEPOSIT (CASHIERS CHECK) overnight services at the close of the auction the next business day. In other words the day the auction is over, the next day you have to send out the cashiers check.. I DO NOT ACCEPT PAYPAL. This payment is deducted from the purchase price of the house. You will also be responsible for $400 of costs at final closing. That’s all the closing will cost you is $400. We will need to close within 30 days from the end of auction or before, prior to bidding, please make certain that you have made the appropriate arrangements to secure funds to meet the 30 day closing requirement. If you don’t agree with these terms, please do not bid. I would be happy to show the property to anybody that is interested before the auction closes, however once it closes it is AS IS, WHERE IS. I have tried to describe the building to the best of my abilities. Please realize that these are my opinions on the building. Other people may see things differently. You may see things that might need fixing that I didn’t realize or it may or may not have lead paint, asbestos, mold, soft floors, windows broke, holes, stains, leaks, sewer, water, heating, trash, or you may disagree with my suggestions and opinions of what you can do with the building and the condition of the building. This is a matter of opinion and in no way is the building being misrepresented to you. THIS BUILDING IS FREE AND CLEAR OF ALL DEBT AND YOU WILL GET A WARRANTY DEED AND TITLE INSURANCE. YOU ARE BIDDING ON THE TOTAL PRICE OF THE BUILDING AND THE LOT IT SITS ON. THIS IS A NO RESERVE AUCTION, WHATEVER IT BRINGS IT BRINGS. ON THE CLOSING YOU DON’T HAVE TO BE PRESENT, IT CAN BE TAKEN CARE OF THROUGH THE MAIL. Place a Bid!