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normgreenrealty.com > Auction Calendar > Bankruptcy Auction - May 1

BANKRUPTCY AUCTION
COMMERCIAL/RESIDENCE
THURSDAY, MAY 1,  5:32 PM

AUCTION SITE – 3324 E. US HWY 34, Grand Island, NE
Just East of Super Wal-Mart on HWY 34 – Watch for Signs

TO VIEW THIS PROPERTY: 
Open House -  Sunday, April 27th, 2008 2:02 p.m. to 4:02 p.m.,
by appointment 366-7818 or 1 hour prior to sale date.

Commercial Residence for sale auction

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LEGAL DESCRIPTION:  Wash TWP Meadow Lane Fifth Subdivision Part Lot 2, Grand Island, Hall County, Nebraska.  Also known as:  3324 E. Hwy 34, Grand Island, NE

REAL ESTATE TAXES:  2007 real estate taxes were $3,187.16 and will be paid by owner/seller.  2008 taxes will be prorated to the date of closing. Parcel ID #400213885

GENERAL INFORMATION:  This property is zoned commercial and was previously known as “Bill’s Classic Auto” with Highway 34 frontage just east of Grand Island.  The front building measures 190’ long x 40’ deep; year built 1978 and consists of living quarters and garages with shop areas included.  There is fencing around the complete property and an additional 7 car garage (pole shed construction) located on the North end of the property.  The Quonset located in the middle of this property has fire damage and owners will not sell as a useable building only in AS IS condition.  There is a well system and septic servicing this property.  The home features 2 BR’s, 2 BA’s, FP, oak kitchen, concrete block exterior construction on front building with stucco over.  The condition of the residence/shop and garages is in very good condition.

ITEMS NOT STAYING – Flag pole, commercial sign on pole, decorative outside pole light, Jacuzzi tub and kitchen appliances or any personal property. 

LOT SIZE:  42,274.75 sq. ft. – Almost ONE acre.

TERMS & CONDITIONS – The successful bidder will be required to enter into a legally binding purchase agreement and make an earnest deposit of 20% of total purchase price the day of the auction payable to Norm Green Realty & Auction Trust Account.  Balance due in full with certified funds on or before June 2, 2008.  Full possession upon closing.  Title insurance will be giving granting free and clear title with the costs being shared equally ½ to buyer ½ to seller.  Escrow closing fee shall be split equally between buyer and seller and buyers will receive a trustee’s deed to said property.  The property will sell AS IS WHERE IS with no warrantees or guarantees expressed or implied by broker or trustee.  Any other terms, conditions or factors governing this sale will be announced day of auction and will take precedence over any printed material.  Norm Green Realty & Auction are representing the owner/seller only as their agent.

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AUCTIONEER’S COMMENT:  We have been commissioned by the Bankruptcy Trustee, Mr. John A. Wolf, to sell this property at public auction to the highest bidder.  This is a great location for any business or residence with Highway 34 frontage in Grand Island, NE.  Plan on attending and buy with confidence the auction way.  Contact Ross Ronne, Auctioneer at 402-366-7818 or Michelle Ronne, Broker at 402-363-8216. 

JOHN A. WOLF, TRUSTEE, OWNER

CASE # BK07-42399
NORM GREEN REALTY & AUCTION
Auctioneer:  Ross Ronne

 

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