120 N Main St Eureka, KS 67045

Listing details for 120 N Main St, Eureka, KS 67045 : ONLINE ONLY REAL ESTATE AUCTION FROM JULY 23rd AT 2:00PM (CST) TO AUGUST 13TH ST 2:00PM (CST). CLEAR TITLE AT CLOSING, NO BACK TAXES, PREVIEW AVAILABLE. ONLINE ONLY!!! Offering a 2-story 8,488 Sq.Ft. brick commercial building. Great location sitting right on Main St. in Eureka, KS. Located in Eureka's Central Business District .18 acre lot Street Parking 2 loading docks 1 Overhead door with lot for loading and/or unloading large items. 220 Volt Electric CH/CA 10 year Triple Net Lease ending 2028 $750/mo rent until 04/01/2023 $1,000/mo rent from 04/01/2024 to 04/01/2028 Tenant also pays real estate taxes, insurance, and building maintenance, along with Triple Net Agreement Currently operating as a gym/snack bar. Clarification on rental terms for 120 N. Main St., Eureka, KS 67045. The current lease states original term of ten (10) years starting on commencement date of March 12, 2018. A memorandum of lease states the commencement date is March 12, 2018 for a term of five (5) years ending on April 1, 2023. After original term of five (5) years a renewal option of an additional five (5) years with term ending April 1, 2028 for increased rental fee of $1,000 per month plus Triple Net. DISCLOSURES: Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | Subject to minimum Buyer Premium of $1,500 | BIDDING OPENS: Tuesday, July 23rd at 2:00 PM (cst) | BIDDING ENDS: Tuesday, August 13th at 2:00 PM (cst). | Bidding will remain open on this property until 1 minute has passed without receiving a bid. | No scheduled open house. Property will be available to preview by appointment only. | The first property in the auction will begin closing at 2:00 PM on the closing date. Each successive property will then begin closing on 15 minute intervals. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $5,000.