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GONE! COMMERCIAL REAL ESTATE AUCTION

Updated 8,275 SF Office Building @ I-435 & Holmes


Great Location, I-435 Visibility, High Traffic, Easy Hwy Access, Move-In Ready, Updated 8,275 SF, 2 Story, Stone/Stucco Office Building, 30,000 SF Land Area, Zoned R-4-0-P; Potential for 3 Tenants, Asphalt Parking Lot & Much More!

LIVE ON-SITE AUCTION
Began: 05/16/13 at 10:00 AM CDT
Location: 10200 Holmes Road, Kansas City, MO 64131
INSPECTION
Began: 05/02/13 at 11:00 AM CDT
Ended: 05/02/13 at 1:00 PM CDT
Location: 10200 Holmes Road, Kansas City, MO 64131

INSPECTION
Began: 05/09/13 at 11:00 AM CDT
Ended: 05/09/13 at 1:00 PM CDT
Location: 10200 Holmes Road, Kansas City, MO 64131


Kansas City Office Building @ I-435 & Holmes

Updated 8,275 SF two-story, stone/stucco office building on 30,000 SF site with 12,000 SF concrete paved parking lot with 17 striped surface spaces and large asphalt paved circle drive for additional parking.  The property is located in a high traffic area with I-435 visibility and easy highway access.  The building and grounds have been well maintained and are in move-in condition.  

This updated two-story office building is located in south Kansas City, Missouri, just within the Interstate 435 loop in Jackson County.  A total renovation of the existing building and new 6000 SF addition was completed in 1990.  With 8,275 SF of finished office space over three levels and 30,000 SF of land area, this property is perfect for a single owner/user or multi-tenant use.

Property Features:

Building type: Commercial Office

Location: Business Corridor

Stories: 2 + Basement

Building Area: 8,275 SF

Land Area: 30,000 SF

Parking: 12,000 SF Concrete Paved with 17 Striped Spaces

             Large Asphalt Paved Circle Drive

Exterior: Stone/Stucco

Roof: Composition

HVAC: Zoned, Forced Air Gas Heat, Central Air

Year Built: 1940

Year Renovated: 1990, 6000 SF Added

Zoning: R-4-0-P, Administrative Office Building District

Entrances: 4, Two Eastside, Two Westside

Divisible: Up to 3 Tenants

Sale includes: Select Office Furniture*

Public Inspections:

Thursdays, May 9th & May 16th; 11:00 a.m. – 1:00 p.m.

Or by appointment.

IN PROUD COOPERATION WITH

Debbie Schulte, SIOR

*Select office furniture to be sold with the real estate. Tables, chairs, cabinets, coat rack, couch, desk units, executive chairs, podium, cubicle, file cabinets, bookshelves, refrigerator, microwave, shop vac, etc. (A complete list available upon request.)

AUCTION TERMS AND CONDITIONS

REGISTRATION: Registration will begin one hour before the auction. All bidders must provide name, address, phone 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 $25,000.00 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: 2013 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.

Video: COMMERCIAL REAL ESTATE AUCTION

I-435 to Holmes Rd., then north to address.

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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!