- Bankruptcy
- Commercial
- Featured
6,142sqft Modern Commercial Building with 5 Rental Units Including 1 Lease
Online Auction
Investment Opportunity
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Auction Time
Wednesday, December 4 @ 03:00pm
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Auction Location
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Auction Manager
Kurt Ness 260-417-1545 kurt@nessbros.com -
Seller Information
Dusty Roach, Bankruptcy Trustee
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1st Open House
Start time: 11/20/2024 2:00 PM | End Time: 3:00 PM
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2nd Open House
Start time: 11/27/2024 2:00 PM | End Time: 3:00 PM
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Auction Details
The Bankruptcy Trustee is Offer the Property.
Discover a fantastic investment opportunity with this modern commercial building built in 2019 and offering over 6,100 sq. ft. of versatile space. Designed to accommodate up to 5 rental units, this property currently includes a tenant under a 4-year lease generating over $29,000 annually with scheduled rent increases.
KEY FEATURES INCLUDE:
**5 Rental Units**: Four office suites and a unique 600 sq. ft. heated garage featuring a 26′ high ceiling and a 16′ x 12′ overhead door.
**Independently Controlled Heating and Cooling**: Each unit has its own high-efficiency gas furnace, allowing tenants to manage their comfort.
**Expansion Potential**: Additional land is available for future growth on-site, offering exciting options for developers.
**Prime Location**: Situated St. Rd. 1 on Bluffton’s main north-side traffic corridor, with excellent visibility near Lowes, ensuring maximum exposure.
**Originally Listed at $789,000: Starting bid at $300,000, presenting a tremendous investment opportunity.
This property is in impeccable condition and poised to offer solid income potential. Don’t miss this chance to bid on a premium asset with growth opportunities!
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Disclaimer
Inspect, Arrange Financing, Bid Your Price
STATEMENTS MADE THE DAY OF AUCTION TAKE PRECEDENCE OVER THE PREVIOUS PRINTED MATERIALS OR ANY ORAL STATEMENTS.
Thank you for your interest in this offering. If you have any questions, please feel free to talk to one of our representatives.
Ness Bros is a Licensed and Insured Auction Company AC39600001
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All items are sold “AS IS, WHERE IS” basis. No warranty or representation, either expressed or implied, concerning the Personal Property, its condition, or the condition of any other components on the Personal Property, is made by the Seller or Ness Bros. The information contained online or in the Brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or Ness Bros. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the personal property.
