Real Estate Auction * 5000 SF Commercial Building on 3 Acres * High Traffic Location on I-35 * 5 Miles S. of Cameron, Clinton County, MO
Location: 7653 NE Old Highway 69, Cameron, MO 64429
PROPERTY PREVIEWS: WEDNESDAYS, MARCH 1ST & MARCH 8TH; 11:00AM-1:00PM
5000 SF COMMERCIAL BLDG. ON 3 ACRES
I-35 AT 69 HWY – 5 MILES S. OF CAMERON
5000 SF +/- BUILDING ON 3 ACRES +/-
C-2 ZONING – OPEN FLOOR PLAN
UNINCORP. CLINTON COUNTY
- High Traffic Location on I-35
- 21,670 Cars Per Day
- Open Flexible Floor Plan
- C-2 Commercial Zoning
- Unincorp. Clinton County
- Wide Variety of Uses
- 5000 Sq. Ft. Building
- 3 Acres +/- Land Area
- Living Quarters Upstairs
- Well Maintained Facility
- 5 Miles South of Cameron
- 20 Min. North of Kearney
This 5000 sq. ft. commercial building features an open floor plan, steel roof, updated HVAC, 400 amp power plus 3-phase, was remodeled in 2012 and is situated on 3 acres with billboard and asphalt parking. This highly visible property on I-35 with a traffic count of 21,670 cars per day is zoned C-2 commercial which accommodates a wide variety of business uses and has no city taxes with it’s location in unincorporated Clinton County. A great owner/user or investment opportunity!
Building Area: 5,000 +/- sq. ft.
Land Area: 3 +/- acres
Location: Clinton County
Zoning: C-2 Commercial
Road Frontage: I-35, 69 Hwy, Old 69 Hwy
Year Remodeled: 2012
Year Built: 1968
Current use: Country Western bar/restaurant
Parking Lot: Asphalt
HVAC: 2-Furnaces, propane; 2-Central air
Power: 400 amp, plus 3-phase
Septic: Tank, lagoon
Living Quarters: Upstairs w/shower, rustic
Parcel ID: 08-06.0-14-000-000-019.002
Parcel ID: 08-06.0-14-000-000-019.003
2016 RE Taxes: $4,100
* Information obtained from Clinton County Assessor and Seller
Current Operating Business
Red Top Saloon is an operating country western bar and restaurant providing it’s patrons with a fun, casual country place for friends to meet, eat, drink and dance. Red Top is open Wednesday through Saturday offering weekly food and drink specials, Texas hold-em and corn hole tournaments, karaoke, live bands, special events and more. Red Top Saloon will be open for business through March 25, 2017, the night of it’s last live band event.
Furniture, Fixtures & Equipment (FF&E)
If you are interested in buying the real estate and furniture, fixtures and equipment (FF&E), we’d be happy to provide you with a price for the FF&E. Otherwise if not sold to the real estate buyer, the FF&E will be sold separately in an online auction beginning March 17 and ending March 29, 2017.
As the sellers have decided to sell their business and spend more time relaxing at their lake home, they have selected our company to facilitate a timely sale at public auction. A Cates representative will be onsite for your inspections on Wednesday, March 1st and March 8th from 11 to 1 p.m. followed by the auction on Wednesday, March 15th at 12:00 p.m. Don’t miss this great owner/user or investment opportunity. Come and bid your price!
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.
Disclosure: This property is under continuous video surveillance.
AUCTION TERMS AND CONDITIONS:
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.
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 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.
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.
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), 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:
2017 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.
Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.
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).
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: 5000 SF Commercial Building on 3 Acres
I-35 to 69 Hwy (Cameron Exit 48), west to Old Highway 69, then left to address. Watch for signs.