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Lot #00049 4923 N Watervliet Rd, Watervliet, MI
Listing # 172738
Listing Format: Auction
Current price : $34,112.00
Starting bid: $5,000.00
# of bids: 95
Closes: Auction is closed
Location: Watervliet, MI
Started: 7/16/2012 8:00:00 AM
Ended: 7/16/2012 8:24:21 PM
Seller: Sales
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High Bidder(s): bbwagner
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DESCRIPTION

Commercial Property at 4923 N. Watervliet Rd, Watervliet, MI 49098

  • 2 Offices with storage (main floor)
  • Large kitchen area with tiled floor
  • Large multi purpose room
  • 2 Bathrooms on main floor with tiled floors
  • Receptionist office with greeting window
  • Spacious foyer with tiled floor
  • Storage closet
  • Full basement
  • Sqft: 1,568
  • Lot Size:  1.05
  • Year Built:  2003
  • City Sewer
  • Well with constant pressure pump

***UPDATED INFORMATION***

  • Built in 1980
  • Appraised value as of 12/7/2012: $65,000
  • Parcel 1 #: 11-21-0014-0010-02-0
  • Parcel 2 #: 11-21-0014-0010-03-8
  • Yearly taxes on Parcel 1: $2,350
  • Yearly taxes on Parcel 2: $570

Great spot for a small business in watersports, real estate, rental equipment, car dealer, bank or CU, just to name a few!

*Four Winds Casino Hartford is just over 3.5 miles away!

*Just a couple blocks away from Paw Paw Lake!

*Just a half mile from Paw Paw River!


Includes two foundations that are undeveloped in the back yard.

 

**Final Bid subject to Bank approval**

 

***Inspection is Monday, July 16th by appointment.  Please call Derek at 269-370-1139

 

 

AUCTION TERMS & CONDITIONS:

INSPECTION: Buyers shall rely entirely on their own information, judgment, and inspection of the property and records. Buyers can and should inspect prior to the auction. Acceptable inspection after the auction is not a contingency of your bidding so be sure you have inspected the property to your satisfaction prior to the auction. Biddergy LLC cannot provide inspection or access to the property after the auction until the closing.

CONDITIONS: All properties are sold “AS IS WHERE IS” with no warranties of any type expressed or implied as to the merchantability, usability, fitness for a particular purpose, or any matter of whatsoever type or nature. Potential buyers should inspect all properties before placing any bids. Any improvements which may need to be done will be the responsibility of the purchaser. All information advertised or stated was derived from sources believed to be correct but is not guaranteed. The Real Estate DOES NOT sell contingent upon financing, acceptable post-auction inspection, acceptable environmental reports, surveys, use requirements, other property sales and purchases, or any other matter whatsoever. The auction company retains the right to place bids on the behalf of any buyer, employee, principal, or seller. The Real Estate will be sold free and clear of all liens of record, unless otherwise stated.

DEPOSIT FOR REAL ESTATE: A deposit of ten percent (10%) of the purchase price or $5,000, whichever is greater, will be required of the successful bidders within 48 hours of the conclusion of the auction. A Biddergy representative will contact you if you are the high bidder to coordinate your deposit and BUY/SELL agreement signatures. Wire transfer, cash, cashiers check, personal or company checks are accepted for the deposit. This deposit is NOT refundable if you the buyer do not carry through with the purchase. Your bidding IS NOT conditional upon financing, so be sure you have arranged financing if needed and are capable of paying cash at the closing before you bid.

CLOSING:  Buyer is responsible for typical closing costs to include title insurance if desired, title and title company fees.  Seller will provide transfer cost and taxes and / or assesments will be paid prior to closing.  Closing must take place within 30 days of auction ending.

TAXES: Property Taxes which are due on the property on or before the date of the auction will be paid by the Seller without proration. All property taxes due after the date of the auction will be the responsibility of the Buyer without proration. The Buyer will assume any dues or assessment balance which remains after the Seller pays for any dues or assessment installments which are due and payable on or before the date of the auction.

DEED AND TITLE INSURANCE: Seller will provide at their cost, a deed to the property and an owners title insurance policy in the amount of the purchase price at closing.

BUYERS PREMIUM:  A 10% buyers premium is in effect and will be added to the high bid. 

BUYERS NOTE: If you are the successful bidder, you must sign all the purchase agreements and make your deposit on the property within 2 business days of the conclusion of the auction. Individual purchases are to be considered as singular transactions, not contingent on any other purchases of properties on the auction. The ability to obtain financing is NOT a contingency of the sale. Properties will be sold subject to the acceptance or rejection of the high bid by the seller(s) within 72 hours of the conclusion of the auction unless specifically stated that it is selling with No Minimums or Reserves. The auction will be conducted at the sole discretion of the auctioneer and any bids may be recognized at their discretion. Any exceptions to the above terms will be noted in the Additional Announcements information for each property.  High bid is subject to bank approval.

AUCTIONEERS NOTE: All information was derived from sources believed to be correct, but is not guaranteed. Buyers should rely solely on their own investigation of the property and records prior to bidding on the property. Biddergy is not responsible for any printing errors or omissions of data.

 

COMMENTS   -     Ask the seller a question
Q: THE BASEMENT IS WET ???  posted by: Tim Loveland  7/16/2012 6:28:39 PM
A: The basement had water in it when the power was shutoff to the building. It has since been turned on and pumped dry.

Q: Pending response from Biddergy.com  posted by: loudon  7/16/2012 6:26:59 PM

Q: Pending response from Biddergy.com  posted by: bbwagner  6/26/2012 7:54:07 PM

Q: Pending response from Biddergy.com  posted by: bbwagner  6/19/2012 4:50:26 PM
AUCTION DETAILS
INSPECTION

See description above for complete terms & conditions.

CONDITION

All bids are considered legal binding contracts and are subject to Biddergy's terms and conditions as well as privacy policy. All items listed for auction are to be sold "as is, where as". All items are sold without warranty of any kind, neither express nor implied, all sales are final no matter of listed description. Biddergy allows 7 days for marine items purchased in "running condition" to be inspected by a "certified marine technician".

AUCTIONS

Auction dates and times are approximate and Biddergy reserves the right to alter times and dates at its discretion. Times are listed as Eastern Standard Time. All auctions are programmed to extend 5 minutes if last minute bids are placed. If no other bids are placed within 5 minutes, auction will end.

PAYMENT & REMOVAL

See description above for complete terms & conditions.

BUYERS PREMIUM

10% BUYERS PREMIUM

SALES TAX & TITLE ITEMS

Biddergy is required by the State of Michigan to broker all titled items sold. A $90.00 broker fee will be charged for all vehicles which we need to broker. In addition a $15.00 fee for title transfer will be charged. Non-Michigan Residents will pay according to their state rules for titled vehicles. Buyers will need to sign the appropriate paperwork required by the state for title transfers. It will take approximately 10 business days to receive your title from the Secretary of State.