COMMERCIAL REAL ESTATE
SOLD AT AUCTION!
Wednesday, March 4, 2009 10:00 AM
11,202 s.f.* Commercial Building
on 26,155 s.f.* Lot
*per county assessor measurements

808 Lake Avenue, Gothenburg, Dawson County Nebraska

Orscheln Farm &  Home Gothenburg Nebraska
Orscheln Farm Home Gothenburg Nebraska
SELLING AT THIS AUCTION...
Orscheln Farm & Home (Adeo LLC) will offer for sale at Public Auction their store location in Gothenburg, Nebraska. This 11,202 s.f.* commercial building is located on a 26,155 s.f.* lot which is fully secured by chain link fence and gates at both ends.

THIS IS TRULY A UNIQUE, HIGHLY SOUGHT AFTER COMMERCIAL LOCATION AND BUILDING

The building is currently used as a single story building but a part of the second story could be suitable for storage. Most of the building is being used as the retail showroom area for Orscheln Farm & Home and has a painted concrete floor, acoustic tile hung ceiling and fluorescent lighting. Some systems have been updated over the years including heating, air conditioning and substantial wiring. The services on these items have been mainly by local vendors.

THIS PROPERTY HAS MANY COMMERCIAL USES

There is a drive-in shop area accessible from the West side of the building which would make this location suitable for a body shop or nearly any type automotive business. Other potential uses could include retail, restaurant or nearly any small business application. Property may not be used for business purposes directly competitive with Orscheln Farm & Home.

*All measurements are from Dawson County assessment records.

 
For details on the restrictive covenant contact wayne at 785-364-7304 or pagelrealty@yahoo.com
 
Broker Participation Form
 
Orscheln West Entrance   Lake Ave entrance
Retail entrance on West side of building shows tasteful stucco facade and fenced outdoor retail area.
 
View of building from Lake Avenue and Highway 30. Substantial signage area exists along with changeable letter marquee. A retail window and 3x7 door have been covered and could be reopened for added entrance, and light to showroom (no representation as to whether glass is intact or exists in window). Fire hydrant directly in front of store.
Fully gated
 
Interior view
View of fully gated and fenced outdoor retail area from alley running along North side of property and directly behind Gothenburg City Hall. View of drive-in doors on west side of building.
 
Typical interior view showing painted concrete floor, hung ceiling and fluorescent lighting.
Electrical
 
Tire shop
View of electrical panels.
Building has a 200 amp 3-
phase electrical system
 
View of area currently being
used as tire shop and insulated
drive-in door entering from
parking lot/outdoor retail area.
This area is heated with two
suspended gas furnaces (one in
need of repair - fan).
 
Terms & Conditions of Auction
1. A 10% buyer’s premium will be added to the final bid price to arrive at the contract sales price. 2. Buyer and seller will enter Contract for the Sale of Real Estate on auction day calling for 10% earnest money deposit, closing on or before April 10, 2009, seller to furnish buyer title insurance in the amount of the contract sales price, pro-rated city and county taxes, and possession at closing. Contract contains no financing or inspection contingencies. Please make your own inspections and have financing arranged prior to auction. 3. Property sells “as-is, where-is and subject to all faults”. Please see web site for details. 4. Property may not be used for business purposes directly competitive with Orscheln Farm & Home.
 
ADEO LLC, SELLER

Auction Conducted by:

No. Hwy 75, Holton Kansas
785-364-2456 or 1-800-390-4903

Wayne Pagel, CAI auctioneer
785-364-7304
Nebraska License #: 20080765

Beth Pagel, broker
785-364-5892
Nebraska License #: 20080764

 
Announcements day of auction take precedence over printed material. Not responsible for accidents or theft.