602 State St Augusta, KS 67010

Listing details for 602 State St, Augusta, KS 67010 : Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Thursday, May 12th, 2022 at 2 PM (cst) | BIDDING CLOSING: Thursday, May 26th, 2022 at 2 PM (cst).  Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! NO MINIMUM, NO RESERVE!!! LOCATION, LOCATION, LOCATION! This 5,741 sq ft commercial building is in a prime location at the corner of 6thSt and State St!  Currently divided into three sizable units, with two leased, this is a terrific opportunity that can't be missed!  Store-front parking on both sides of the intersection Zoned Main Street Commercial 2/3 occupied Great visibility Flat roof Brick exterior Handicap accessible All electric Separate electric and water meters for each unit Unit 102 E 6th St rented for 2 years, beginning July 2022 at $600 per month, with an escalation clause Unit 602 State St rented for 1.5 years, beginning Sept 2020, at $775 per month, with an escalation clause Annual Gross Income with 2 units rented: $16,500 Unit 102 recently has a faucet leak that will be repaired prior to auction. *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. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. 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 $10,000.