kansas-city-auction-company

Commercial Building Auction

Lake frontage PLUS great highway visibility! Previously listed at $399,000; Seller’s reserve only $165,000!


1700sf building perfect for office, restaurant/bar, marina or retail. Bright & open building was remodeled in 2005. On approx. 1 acre with 143ft of lake front! Huge views of the lake overlooking the Niangua bridge. Great Hwy 5 visibility!

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 04/09/11 at 11:00 AM CDT
Location: 7127 Old Route 5, Camdenton, MO 65020

Property Highlights:

  • 2.5 MM (Niangua arm) – South end of the Hwy 5 Niangua Bridge
  • 143 ft of lake front
  • Approximately 1 acre (Includes the old highway 5 blacktop, bridge abutment and lake front.)
  • Main building approximately 1689sf
  • 400+ amp electrical service
  • Partially remodeled in 2005
  • 1500 gallon septic tank installed 2004
  • New furnace 2002
  • Ample parking
  • Private well on property
  • Waterfront bait shop and boat house structures (need work)
  • Zoned B-2, General Commercial

With highway frontage AND lake frontage, this unique property has MANY possible uses.  Options include:

  • Restaurant/bar with indoor-outdoor dining
  • Marina
  • Bar & Grill w/patio
  • Professional office (eg: accounting, medical, etc.)
  • Call center (previous use)
  • Retail/Sales office

The main building has served a variety of purposes over the years including successful restaurant/bar, office, and call center. It includes:

  • Primary Room (L-shaped): Tile floor, 16’ bar w/service window, floor-to-ceiling windows , front entrance from parking lot and side entrance to/from patio and lake. Panoramic lake views!
  • Service/Kitchen area (9×20): Tile floor, 3-part dishwashing sink + 2 utility sinks, double door closet, service window to bar, access to Primary Room and Storage.
  • Dry Storage/Work Areas (14×32 & 9×13): Concrete floor, front and back entrances plus access to Service/Kitchen Area, 13 outlets, walk-in cooler

 

3 Easy Ways to Buy:

1.       Bid live in person. Registration opens onsite at 10am.

2.       Bid live online. Advance registration required.

3.       Make an offer in advance. Call us for details.


  • Originally listed at $399,000. Seller’s reserve (minimum) only $165,000!
  • Buyer’s Premium only 5%!
  • Bid live onsite or online from home!
  • Broker/agent participation welcome!
  • Pre-auction offers welcome

Auctioneer’s Note: We are excited to be offering this unusual commercial property at public auction.  Where else can you find great highway visibility PLUS excellent lake frontage PLUS expansive main channel views?  Though listed originally for $399,000, the seller’s auction reserve is only $165,000 – a discount of nearly 60%! Come and bid YOUR price!

Auction produced is proud cooperation with The Beeler Group, RE/MAX Lake of the Ozarks.

AUCTION TERMS AND CONDITIONS:

 

REGISTRATION:

Registration will begin one hour before the auction. All bidders must provide name, address, phone number, social security number, and a valid driver’s license. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.

 

DOWN PAYMENT:

The successful bidder(s) shall be required to make a 5% down payment of the total purchase price at the auction site immediately following the close of bidding.  Cash, cashier’s check or personal or business check will be accepted for the down payment

 

FINANCING:

Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction.

 

CONTRACT SIGNING:

The successful bidder(s) shall execute a purchase agreement at the auction site immediately following the close of bidding. All final bid prices are subject to Seller approval, unless announced otherwise. 

 

CLOSING:

Buyer(s) shall close within 30 days of the auction date. Possession will be delivered at closing subject to any remaining rights of the current tenant(s).

 

EVIDENCE OF TITLE

Seller shall furnish at seller’s expense evidence of title insurability. Cost for the purchase of the title insurance policy is the responsibility of the buyer.  

 

REAL ESTATE TAXES & ASSESSMENTS:

2011 taxes are to be prorated as of the closing date.

 

EASEMENTS AND LEASES:

Sale of said property is subject to any and all easements of record and any and all leases.

 

AGENCY:

Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.

 

BUYER’S PREMIUM:

A buyer’s premium of five percent (5%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).

 

BROKER PARTICIPATION:

A commission will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction.

 

DISCLAIMERS AND ABSENCE OF WARRANTIES

The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it.  All sketches and dimensions are approximate.  No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All announcements made by the Auctioneer during the auction take precedence over any previously printed material or any other oral statements made. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. Advertising may contain pictures of wildlife and other items that are for illustrative purposes only. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). The Property is available for and subject to sale prior to auction.

Highway 5 to Lake Rd 5-77 west. Right on Old Route 5 to end of the road.

Click on any image to view larger.

Building Entrance North & East elevations Panoramic views! Bridge view Boat House

Click on any image to view larger.

Highway 5 Niangua Bridge as seen from the property. Front elevation. Exterior painted November, 2007.
Main building approximately 1,689sf. Partially renovated in 2005. Unbeatable views! Lots of windows and nice tiled floor.
Looking northeast from main room. Looking northwest from main room. Interior painted in December, 2006. New furnace in 2002. Restrooms.
Front door and view to parking lot. Highway 5 can be seen beyond. Wall of windows overlooking main channel. Big windows everywhere! 16 ft. bar/counter View of Niangua Bridge from the patio.
Main channel view from the patio. Looking up the main channel from the patio. 2.5MM
Niangua bridge heading north. Looking from the patio to the shore. The boat house/bait shop (included) can be seen at the bottom left of the picture. View of the north elevation from the patio.
Front and lakeside of the main building. Detail of building front and landscaping. Car travelling on the new Highway 5 as seen from the front door. Looking across old Rte. 5 to the new highway just beyond.
Ample parking. Front elevation. As seen from Highway 5.
Lots of parking. Just down from the entrance to Miramar Condos. View of the lake beyond the parking lot.
Sinks in service/kitchen area. View from service/kitchen area into dry storage/work area. 400+ Amp electrical service to main building. Back entrance into the dry storage/work area. Front entrance into the dry storage/work area.
Walk-in cooler. View to the right upon entering front door. Walkway to boat house and shore.
View from walkway to lakefront. The Niangua Arm. Boat house / Bait Shop 143 ft of lakefront 2.5 mile marker
View from the shoreline (under the Niangua Bridge). Looking into west side of boat house. Looking into east side of boat house. From the walkway, looking over the boat house/bait shop. Well on the property. 1500 gallon septic tank installed Sept., 2004.
Looking south toward the property from the north shore.

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AuctionServices
We are Kansas City's oldest and most experienced real estate auction company specializing in accelerated real estate sales in Missouri and Kansas, including Overland Park, Lenexa, Shawnee, Leawood, Kansas City, Lee's Summit, Olathe, Blue Springs, Independence, Liberty, Kearney, Parkville, Smithville, Gladstone, Clay County, Platte County, Jackson County, Johnson County, Wyandotte County, Leavenworth County, Cass County, Lake of the Ozarks, Lake Ozark, Sunrise Beach, Osage Beach, Four Seasons, Shawnee Bend, Miller County, Camden County, and around the Midwest. Kansas City auctioneers with regional expertise!