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GONE! No Reserve Auction: Commercial Retail/Office Building | Raytown, MO

1000 SF +/- Retail/Office on .79 Acre Site Near High Traffic Intersection. Sells Regardless of Price!


Bid your price on this well maintained, former BofA bank with great visibility near high traffic intersection, multiple drive thrus, convenient access and parking. Can be repurposed for many retail or office uses! 

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 07/27/16 at 12:00 PM CDT
Location: 6325 Raytown Trafficway, Raytown, MO 64133

PROPERTY INSPECTIONS: WEDNESDAYS, JULY 13TH & 20TH; 11:00AM – 1:00PM

Information updated by seller 7/7/16 

The owner of this commercial building has chosen Cates Auction & Realty Co. to liquidate the property.

 

Bid your price on this well maintained, former BofA bank with great visibility near high traffic intersection, multiple drive thrus, convenient access and parking. Property can be repurposed for many retail or office uses. Great for investment or owner/user.

Please note that the information about this property was updated by the seller on 7/7/16. 

BUILDING TYPE Commercial

PREVIOUS USE

Bank
BUILDING AREA 929 SF +
SITE AREA 34,269.60 SF (.79 Acres +)
CURB CUTS One
ZONING

Neighborhood Commercial

ROAD FRONTAGE 150 ft. + on Raytown Trafficway
YEAR BUILT 1992
EXTERIOR Masonry
INTERIOR Painted Sheetrock, Carpet
LIGHTING Fluorescent
ROOF Flat
HVAC York FAG Furnace & Central Air
POWER Two 400 Amp Panels
PARKING 27 Asphalt Free Surface Spaces
DRIVE THRU BAYS 11
PAREL ID 45-240-07-23-02-0-00-000
2015 TAXES  $9065.88
   
  

 

Obtained from CoStar and County Tax Records

3-EASY WAYS TO BUY!

1. BUY IT NOW

     Can’t wait for the auction? Call for details about buying a property in advance of the auction.

2. BID LIVE ONLINE

     Advance registration required.

3. BID LIVE ONSITE

     Attend the auction in person on auction day.

 

Per the published auction terms, this property is available for sale prior to the auction. To qualify, all pre-auction offers must meet all auction terms and be submitted on the provided Cates Real Estate Sale Contract along with the required deposit. All qualifying offers will be presented to the Seller for a timely response. Please contact our office for assistance if needed.

AUCTION TERMS AND CONDITIONS:

 

REGISTRATION:

Onsite bidder registration will begin one hour before the auction. Online bidder registration is open now. All bidders must provide a valid driver’s license and current address.  Online bidders must also provide a credit card to register.  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 immediately following the close of bidding.   Cash, cashier’s check or personal/business check will be accepted from onsite bidders.  Bank wire will also be accepted from online bidders.

 

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 immediately following the close of bidding. All final bid prices are subject to Seller approval, unless announced otherwise.

 

CLOSING:

Buyer(s) shall close within 45 days of the auction date. Possession will be delivered at closing subject to any remaining rights of the current tenant(s), if applicable.

 

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 general warranty deed conveying the real estate to the buyer(s).

 

REAL ESTATE TAXES & ASSESSMENTS:

2016 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 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 Retail/Office Building Auction

I-435 S. to 350 Hwy/Blue Pkwy (exit 66), east toward 63rd St. left on 63rd St. to Raytown Trfwy, then right to address OR I-435 N. to 63rd St. (exit 66A), right to Raytown Trfwy, then right to address.

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AuctionServices
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