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GONE! Absolute Commercial Auction

PROPERTY SOLD PRIOR TO AUCTION!


10,250 +/- SF Industrial Building

  • 2250 +/- sq. ft. office space
  • 8000 +/- sq. ft. warehouse space
  • 3 dock high loading doors
  • One 12’ x 10.5’ grade level door
  • 1 Acre +/- land area
  • Gas fired and radiant heat
  • 3 phase power!

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 06/29/11 at 10:00 AM CDT
Location: 4230 Dr Greaves Road, Grandview, MO 64030

10,250 +/- SF INDUSTRIAL BUILDING

 

This property has been well maintained, is move-in ready and features 2250 +/- sq. ft. of office space, 8000 sq. ft. of warehouse space, 3 dock high loading doors, a 12’ x 10.5’ garage level door, gas fired and radiant heat, 3 phase power and is located on a 1 acre +/- site just off Blue Ridge Blvd. in Grandview, MO

 

FEATURES

 

  • 2250 +/- sq. ft. office space
  • 8000 +/- sq. ft. warehouse space
  • 3 dock high loading doors
  • One 12’ x 10.5’ grade level door
  • 1 Acre +/- land area
  • Gas fired and radiant heat
  • 3 phase power

 

HISTORY OF THIS FACILITY

Crest Flavor Company began in 1987 when the late Ronald “Gene” Thomas opened a flavor production facility in Kansas City, Missouri. The company moved to this new facility in 1992. In 2009 Crest was acquired by Premium Ingredients International, a leading global distributor of ingredients and flavors for the food & beverage, nutritional, pharmaceutical, livestock & pet food, flavor and fragrance and cosmetic manufacturers.   In 2010 all Crest production was relocated to a new manufacturing facility in Illinois.  To settle the estate of the late Gene and Shirley Thomas, we have been selected to sell this facility to the highest bidder regardless of price at absolute auction.

 

FEATURES

  • Total Building Area:   10,250 +/- SF
  • Office Area:                2,250 +/- SF
  • Land Area:                  1 Acre m/l
  • Construction:              Metal, Masonary office space
  • Year Built:                  1992
  • Clear Height:               12’ to 16’
  • Paved Parking:            6 spaces in front, more in rear
  • Dock Doors:                2 dock high with levelers, east side

1 dock high, north side

1 grade level 12’x 10.5’, east side

  • Power:                         3 Phase
  • Lighting:                     Metal halide
  • Sprinkler:                     N/A
  • Heat:                           Gas space heaters/radiant heat
  • Zoning:                        Light Industrial
  • Possession:                  Upon closing
  • 2010 Taxes:                 $11,587

 


AUCTIONEER’S NOTE:

Don’t miss the opportunity to buy this great investment or owner/user property at Auction Prices! Recently listed for sale at $666,250, the Personal Representative is in the process of settling the estate thus the property is selling to the highest bidder regardless of price at Absolute Auction.  The building will be open for your inspection on Wednesdays, June 1st & 8th from 10:00 a.m. to Noon. If you have any questions or need additional information, please let us know. We look forward to your participation in the auction. Come and bid your price!

Sincerely,

Jeff Cates

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 10% non-refundable down payment of the total purchase price at the auction site immediately following the close of bidding.  A $25,000 cashier’s check shall be required to bid and presented at registration unless you have made other arrangements with the Auction Company.  The cashier’s check should be made payable to yourself and then shall be endorsed over to the escrow agent if you are a successful bidder. A personal or business check to bring the balance up to 10% will be accepted.

 

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.

 

EVIDENCE OF TITLE: Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a warranty deed conveying the real estate to the buyer(s).

 

REAL ESTATE TAXES, ASSESSMENTS, & EASEMENTS: 2011 taxes are to be prorated as of the closing date. Sale of said property is subject to any and all easements of record.

 

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

 

BUYER’S PREMIUM: A buyer’s premium of ten percent (10%) 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.

71 Hwy to Blue Ridge Blvd., west 1.2 miles to 3rd St., north to Dr Greaves Rd., then west to address.

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