Bidding Closes: 6:30PM ~ Thursday, May 26, 2022
VIEWING: THU., MAY 19TH ~ 12-1PM
Truly a one of a kind real estate investment! Great opportunity for any investor or developer to own this 39.45+/- acre industrial site conveniently located in St Louis, MO with easy access to I-70 and just 15 minutes to Lambert International Airport. The property is among one of St. Louis's largest industrial areas and shipping routes. The site was once a cement manufacturing facility until City Museum founder Bill Cassilly bought the property and began building what is now known as Cementland, a future public art exhibit. The property is steps away from the Mississippi River but does not have direct access. Separated into 3 parcels the back parcel is situated in St. Louis County and the front parcels are in St. Louis City County. Only the 2 parcels that have frontage on Riverview Drive can potentially benefit from two separate economic incentive zones. The property has access through a private drive directly off Scranton Avenue. Come by the upcoming open house to view Cementland for yourself and see the true potential this property has to offer!
Bidding Notice:
Property will sell as-is. Information was obtained from sources considered reliable. However, the auction company does not guarantee the accuracy of this information. Said information is subject to change availability or update without notice. Seller/Landlord & Auction Company make no representation as to the environmental condition of the property and recommend that Purchaser/Tenant obtain an independent investigation. Final bid is subject to owner/seller approval. Successful bidder will be required to sign an Auction Sale and Purchase Contract.
Auction Notice:
Terms: $25,000 Downpayment on Real Estate; Balance Due in 30 Days; 10% Buyers Premium; Any announcement made day of sale takes precedence over any printed material; List subject to change without notice. Final bids are subject to owners/sellers approval. Successful bidder will be required to sign an Auction Sale and Purchase Contract. ALL OUT OF STATE BIDDERS: A $1,500 HOLD MUST BE PLACED ON A VALID CREDIT CARD FOR YOUR BIDS TO BE APPROVED. Please contact our office at 618-234-8751 to set up the required hold.