OLO Vincennes 2 Parcel Commercial Real Estate Auction

OLO Vincennes 2 Parcel Commercial Real Estate Auction

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Commercial Real Estate Auction 

Bidding Begins to Close June 12th @ 6pm EDT

Located at 2470 Maranatha Lane, Vincennes, IN.

Parcel 1: 2470 Maranatha Lane Vincennes, IN.

Up for auction is this well established commercial property with endless possibilities. Formerly a greenhouse and landscaping company, this commercial property is the perfect location for numerous business types. Sitting on a 1.375 acre lot, this property features a 6768 square feet building with retail floor space, office space and warehouse space with shelving. The lot has a paved parking lot, and the remaining part of the property is gravel. The seller has recently spent over $60,000 in updates on the property, to make this property ready for a new owner. Improvements include a new roof (2024), new gutters (2024), new drywall in offices, restrooms newly remodeled, new plumbing, new hot water heater and more. The property is located in a successful business district and adjacent to McDonald's, AutoZone, Taco Bell, and Dollar General. Take this opportunity to bid at auction on this great investment opportunity. Taxes 2024 Pay 2025: $9,115.12. 

Minimum Opening Bid: $99,900.00

"Sells to the highest bidder at or above the opening bid!"

Parcel 2: Adjacent N. 6th Street 0.72 Acre Vacant Parcel

Here is an opportunity to bid on and buy a vacant commercial lot in Vincennes. This lot is adjacent to parcel 1 and and is located directly behind the Dollar General. The lot is 0.72 acre and is currently a gravel lot. It is approximately 145' wide and 230' deep at the deepest point. This lot gives the perfect opportunity to build your own business or if you are the buyer of parcel 1 you can buy it to give you the additional space you need. Taxes 2024 Pay 2025: $556.10. Parcel Number:42-12-15-403-008.000-022.

Minimum Opening Bid: $34,900.00

"Sells to the highest bidder at or above the opening bid!"

Open House: June 3rd 12pm-2pm. Can't make it? Call for a private showing.

Owner: Michael Perkins

General Terms: $10,000 non-refundable down payment per parcel due within 24 hours of sale closing, sold as-is, closing in 30 days, possession at closing, warranty deed, taxes pro-rated and final to day of closing, published minimum bid $99,900 and $34,900, and subject to a 10% buyer's premium. Buyer broker participation is welcome.

Kraft Real Estate Auctions, LLC - AC31900011

Col. Conrad Kraft- AU01023657

Jonathan Kraft – AU10500173

Garry Wolfe - AU199900027

Auction Manager: Garry Wolfe - 812-201-1333

Managing Broker: Jay Mayden

219-973-9240 - Info@KraftAuctions.com

KraftAuctions.com

2470 Maranatha Ln, Vincennes, Indiana 47591-2481
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Parcel 1: 2470 Maranatha Lane, Vincennes, IN. Real Estate
Lot 1
Parcel 1: 2470 Maranatha Lane, Vincennes, IN. Real Estate
Sold
Current Bid: $140,000.00
Winning Bidder:6004
Bids:49
Bidding complete
A
Reserve met
Parcel 2: Adjacent Lot
Lot 2
Parcel 2: Adjacent Lot
Sold
Current Bid: $41,000.00
Winning Bidder:6006
Bids:14
Bidding complete
A
Reserve met