Commercial Lots Oct 17th 6pm
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2-Upcoming Commercial Real Estate Auctions
Tuesday October 17th & Thursday Oct 19th 6pm on site
Tuesday Oct 17th 6pm
Auction Location – 26 SW B Ave Lawton, Ok (corner of 1st and B Ave)
Offering 2 Vacant Parcels of Land located within walking distance of the New Public Safety Facility that will house approx 350 jobs in the 100,000 sq ft Facility. This property is zoned CBD with endless opportunities. Coffee Shop, Sandwich Shop, Office Space or Retail. They will be offered individually and then in combination to determine the contract sales price. There will be no Buyers Premium on this Auction.
#26-#30 SW B Ave
Lot Size 75’X150′
Approx 11,250 sq ft
The property is located on the Corner of SW 1st and B Ave.
Estimated Taxes: $306.00
#18-20 SW B Ave
Lot Size 50’X150′
Approx 7,500 sq ft
The property is located just East approx 50’ on B Ave.
Estimated Taxes: $104.00
Lots 8-9 and 12-13-14 in Combination
Thursday October 19th 6pm
914 SW 2nd Street Lawton, Ok
Commercial Building that was previously used as a Tavern.
Approx 1,375 sq ft Frame Building
Lot Size is 50’X458’ Approx 21,400 sq ft
Property is located in the flood fringe. Construction is allowed on the front of the lot.
The East half (of the parking lot) is located in the floodway and it includes the drainage canal.
Built in 1920
Estimated Taxes: $126.00
Down Payment: 5% of contract Sales price due day of auction, balance at closing on or before 30 days from auction.
Possession: At closing on or before 30 days from auction.
Conditions: Auction is open to the public. Property sells in it’s AS IS condition with good marketable title. Warranty deed and up-to-date abstract. Property sells subject to owner confirmation.
Financing: Property sells for CASH. Buyer needs to have financing arranged prior to auction.
Closing Fees: Seller will bring abstract to date; taxes will be prorated to day of closing. Buyer and seller will split closing company fee 50%-50%. Buyer will be responsible for all their own loan closing costs.
Inspection: Inspection or risk assessment at their own expense.
Starting Bid: This is not a minimum bid, just a suggested figure where you, the buyer may start the bidding. Remember it’s not where you start, but where you stop that counts.
Announcements made at the auction supersede all oral and printed information. All information contained in this brochure was derived from sources believed to be correct but is not guaranteed. All measurements are approximate
Stallings Auction Service Noela Stallings Broker
Visit www.stallingsauction.com for details
Call for Showing 580-248-6676