Bidding Closes: 5PM ~ Wednesday, May 17, 2023
VIEWING: WEDNESDAY, MAY 17, ~ 12-1PM
Practically move in ready 2,400+/- Sq. Ft. commercial office building in East Alton! Located at 2 Terminal Drive Suite #13, the building was formally home to Farmers Insurance. The solid brick building boasts 9 offices spaces and a large conference room, with a half bath on the main level and a full bath on the lower level. Yearly maintenance costs for lawn care and snow removal are approx. $2000.00, the building was generating $1,200.00 monthly rent from the last tenant. Ample parking for clients and employees in the front and side parking lots with central heating and air. Conveniently located directly off Rte. 111 and minutes from I-255. Stop by the upcoming open house to see this property's potential to start a new business or to expand a current operation!
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: $5,000 Downpayment on Real Estate; Balance Due in 30 Days; 6% 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.