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GONE! Absolute Business Liquidation Auction

Engstrom Roofing Company


Commercial Buildings, Land, Trucks and Equipment.  Everything Sells to the Highest Bidder Regardless of Price!

LIVE ON-SITE AUCTION
Began: 07/20/11 at 10:00 AM CDT
Location: 2031 Indiana Avenue, Kansas City, MO 64127
INSPECTION
Began: 07/06/11 at 10:00 AM CDT
Ended: 07/06/11 at 12:00 PM CDT
Location: 2031 Indiana Avenue, Kansas City, MO 64127

INSPECTION
Began: 07/13/11 at 10:00 AM CDT
Ended: 07/13/11 at 12:00 PM CDT
Location: 2031 Indiana Avenue, Kansas City, MO 64127


Engstrom Roofing Company

Due to the death of Ken Engstrom, Engstrom Roofing Company is closing after 50 years in business and is liquidating its buildings, land and equipment to the highest bidder, regardless of price, at Absolute Auction

 

THE REAL ESTATE

The real estate consists of an early 1900’s 2 story brick commercial building with office and workshop on main floor and apartment up, .3 acre corner lot, 24×35 open truck shed, storage shed and equipment yard with 10’ chain link fencing. The adjoining lot includes a 40×50 metal building/warehouse for equipment and materials storage.  The warehouse has a gravel floor and is all electric.  Two additional lots are included for expansion.   All 4 parcels will be sold together unless there is interest in buying them separately.

PARCEL 1

Tax ID #:  28-410-19-29-00-0-00-000

Address:  2031 Indiana Avenue, Kansas City, MO 64127

Year Built:  1908

Gross Building Area:  1896 sq. ft.  +/-

Number of Stories:  2

Construction:  Brick

Land Area:  13,068 sq. ft. +/-

Taxes:  $650 +/-

1st Floor:  22×40; separated in to office and work shop areas, 12’ ceilings

2nd Floor: 22×40;  apartment, 4 lg. rooms, full bath, separate entrance

Basement: 19×35; walk-out, stubbed for bathroom, water heater & forged air gas furnace access

Pole Barn/Truck Shed: 24×35; gravel floor, electricity, built-in shelving

 

PARCEL 2

Tax ID #:  28-410-19-32-00-0-00-000

Address:  2023 Indiana Avenue, Kansas City, MO 64127

Year Built:  1996

Gross Building Area:  2000 sq. ft.  +/-

Number of Stories:  1

Construction:  Metal/Frame

Land Area:  8,712 sq. ft. +/-

Overhead Doors: 2 – 12’ (1 dock high), 1-10’

Taxes: $1,015 +/-

 

PARCEL 3

Tax ID #:  28-410-19-09-00-0-00-000

Address:  2017 Indiana Avenue, Kansas City, MO 64127

Land Area: 13,068 sq. ft. +/-

Taxes:  $192 +/-

 

PARCEL 4

Tax ID #:  28-420-30-19-00-0-00-000

Address:  2030 Indiana Avenue, Kansas City, MO 64127

Land Area: 9,583.20 sq. ft. +/-

Taxes:  $21 +/-

 

THE EQUIPMENT

Just Added:

1898 Ford F-700 Dump Truck, 14′, 91,000 Miles

 

Trucks & Forklift

1985 Ford 370-2V crew cab 4 speed w/ 12 foot scissor dump bed VIN# 1FDNF6OH9FVA26553-runs & drives; 1981 Chevy C70 single cab, 4 speed w/12 foot scissor dump bed, VIN#1B2BV139042-runs & drives; Clark model C500-Y50 LP fuel fork lift-runs & drives-(9,411 hours); 

Roofing & Construction Type Equipment

3, 5, & 6 ton asphalt tankers on trailers; Garlock ‘Rocker’ 12 hp-gas; Blackwell Burner 3 hp 3’ power broom/sweeper (2); Various HP Gas Operated: Smith Hoists-(2 pair), ‘scratcher’, ‘tear off machines’-(2), ‘powered circular roof saws’-(3);  manual air conditioner jacks-(2 pair); manual ‘mini mopper’  aluminum 10’ to 40’ extension ladders-(10+); lots rope; misc hand tools; trailer tires; misc construction material; half dozen propane tanks; torch heads; tarps; DeWalt & B&D powered &  cordless tools; shop vac; airless paint sprayer; job box; tool boxes; B&D Industrial metal chop saw;

New Roofing Supplies

TAMKO: Tam-Ply IV fiberglass ply sheet rolls (8+rolls), Slate Surface Roll Roofing (9+rolls); FIRESTONE: IV Ply (6+); GAF: Gafglass Ply4 (15+), Mineral Guard Roll Roofing (8+); CERTAINTEED: Flintglass Ply Sheet

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. 

 

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.

I-70 to 23rd St., south to Indiana, east to address.

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