ABSOLUTE REAL ESTATE AUCTION
REAL ESTATE: Lot 2 & 7 and 5’ alley, Block 4 of Murray’s Addition, Bowling Green, Exact Legal to Govern. A 4 unit, commercial building, approx. 50’x80’ (4,000 sq. ft. frame building with 4, 1,000 sq. ft. units) in the city limits of Bowling Green. Corner lot, 65’x240’ on Business Hwy 61 with frontage on 3 sides and faces Business Hwy 61 with street access from 2 sides
Real nice investment property, the building is approx. 13 yrs. old, all on one level on a concrete slab. Total electric with city water, sewer & phone, all 4 units have separate entrances, separate meters with each unit having its own furnace & central air unit and ½ bath. The building has a total of 8 entrances and has vinyl siding. The past income on the building is one unit at $450, 2 units at $440 and 1 unit at $375 per month. 3 of the 4 units are now vacant with immediate possession. Again, the property has frontage on 3 streets, Business Hwy 61, West Main & Champ Clark with 2 parking lots, one at each end of the building.
Leroy & Dean ran their real estate business, Plaisted Real Estate, from this location and rented out the other 3 units. Great opportunity for your business location and rent out the other 3 units for office or retail space, if set up right great depreciation/income property.
Terms: 10% down day of sale with the balance of cash at closing on or before 30 days after the sale with possession at closing. Subject to tenants, if any.
OWNER: DEAN PLAISTED – LATE LEROY PLAISTED
JANET MYERS, DURABLE POWER OF ATTORNEY
DAVID THORNHILL DUSTY THORNHILL BILL UNSELL
314-393-7241 314-393- 4726 573-470-0037