ON SITE AND ONLINE REAL ESTATE AUCTION; THURSDAY SEPTEMBER 27, 2012 AT 2:00 PM CST

$280,000 OPENING BID!!

PREVIEW DAY:  WEDNESDAY SEPTEMBER 26, 2012; 11:00 AM – 2:00 PM

Newly vacated in August, 2012. Previous tenant of 15 years necessitated downsizing business. Building owner is concurrently moving out of state.

Facility is well maintained and move in ready. Two separate electric services provide for ample power for manufacturing. Service one includes 3 phase 480 volt with 600 volt buck and boost system. Service two includes 3 phase 480 volt standard. Building is a corner city lot with semi truck access. Bypass 20 is less than 10 minutes away and 90/94 is 20 minutes. Utilities include natural gas heat, city sewer and water. Low taxes. Security system. Fully sprinkled and manufacturing area is fully plumbed for air. Two interior 60 ft. dock height, semi bays with manual and electric dock plates. One drive-in truck bay at ground level.

Remodel History:

• 1998: New factory Roof: $48,000
• 2000: Additional Electric Service: $11,000
• 2002: Office Remodel w/lunchroom and conference room addition: $40,000
• 2011: New Office Roof: $4,800
• 2012: New Office Carpet and Paint
• 2012: New exterior Paint

Property Type: Industrial
Year Built: 1965
Sprinkle Height: 15′ – 22′
Dock one: Interior with electric lift

Dock two: Interior with manual lift
Tax ID: 11-16-426-001
Unit Size: 28,400 sq ft
Office: 2,898 sq. ft.
Maintenance: 324 sq. ft.
Manufacturing 1: 2,560 sq. ft. 10′ 6″ sprinkler
Manufacturing 2: 8,475 sq. ft. 15′ sprinkler

Manufacturing 3: 10,883 sq. ft. 22′ sprinkler height

Receiving: 3,444 sq. ft. 15′ sprinkler height

4% Buyers Premium added to final sale price

The successful bidder at auction will be required to submit a non-refundable deposit of FIVE percent (5%) of the purchase price.