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TENTH STREET COMMERCIAL ONLINE AUCTION
Listing ID#: 354980
Sale Location |
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Jeffersonville, IN 47130 |
Sale Dates and Times |
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Bidding Starts: Tuesday Nov 3, 2:00 PM Bidding Ends: Tuesday Nov 10, 2:00 PM |
Sale Type |
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Online Auction VIEW ONLINE CATALOG |
Company Information |
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Harritt Group Auctions Contact: Douglas Harritt Phone: 812-944-0217 Email: doug@harrittgroup.com Website: harrittgroup.com EstateSale.com ID#: 11645 View company information and listings |
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Listing Terms and Conditions |
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BUYERS PREMIUM
10% Buyer’s Premium added to the hammer bid price to determine the final purchase price. REAL ESTATE TERMS 10% Non-refundable down payment in the form of cash, check, or wired funds are due within 24 hours following the auction, balance due in 40 days. Taxes prorated to the day of closing. Possession at closing. Selling as is without contingencies, all inspections welcomed before the auction. See full details in the Auction Bid Packet. OPEN INSPECTION Wednesday, November 4, 11AM - 1PM Tuesday, November 10, 11AM - 1PM Or Contact Us for a Private Showing |
File Attachments |
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Bid Packet |
Listing Information |
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TENTH STREET COMMERCIAL ONLINE AUCTION BIDDING BEGINS: TUESDAY, NOVEMBER 3 @ 2PM BIDDING ENDS: TUESDAY, NOVEMBER 10 @ 2PM 801 E. 10TH STREET, JEFFERSONVILLE, IN 47130
Prime commercial property located at the traffic signal intersection of 10th Street and Dutch Lane in Jeffersonville - zoned C-1 in the TTMO District on the revitalized Tenth Street corridor. The property includes a 4072 SF building with a 4-bay garage and auto lift, 5 offices, and 3 efficiency offices - currently the home of Ritter’s Auto Center. Located just 3/4 mile east of I-65 near the City’s new Gateway Development and 4.5 miles West of I-265 and just 1 mile north of downtown.
REAL ESTATE
The owner Ron Ritter, is retiring after 40 successful years as a buy here pay here used car dealer in the heart of Jeffersonville on the recently revitalized 10th Street, known as the commercial corridor connecting downtown to the east end. The property located at the traffic signal intersection of Dutch Lane is zoned C-1 in the TTMO District.
The two-story building with a metal roof has 2772 SF with 5 offices including contents, lobby, break room, storage utility room on the first floor, and three efficiency offices on the second floor, with outside entrances. A 25’ x 52’ service garage has 4-bays with 10’x10’ glass overhead doors, a Bend Pak 2-post above ground car lift, and an air compressor. The lot with 112’ frontage on 10th Street and 155’ frontage on Dutch Lane is completely paved with high visibility and access from both streets and the alley.
Centrally located in Jeffersonville just 3/4 mile east of I-65 near the City’s new Gateway Development, the Clark Memorial Hospital, vibrant downtown Jeffersonville, and minutes from Louisville, Kentucky.
PROPERTY HIGHLIGHTS
ZONING C-1 - Small to Medium Scale General Commercial TTMO - Tenth Street Traditional Marketplace Overlay District For questions regarding future use contact: Shawn Dade, Jeffersonville Planning & Zoning Email: sdade@cityofjeff.net Office: 812-285-6413 https://cityofjeff.net/current-planning/
UNDERGROUND TANK DISCLOSURE Seller represents in December of 1988 six (6) underground tanks and piping (waste oil tanks and gas tanks) were removed from the property which has previously been a Texaco gas station. The Clark County Health Department was advised in advance of the removal and they advised there were no permits needed. The seller has never received any type of complaint or notice of any violation from the Indiana Department of Environmental Management. There are two (2) hydraulic lifts on the property unused for decades and covered by flooring. To the best knowledge of Seller, the property is not contaminated with any hazardous material and the property is not listed upon any government list for decontamination. Seller makes no further representations and/or warranties regarding the environmental issues with the real estate. The real estate is being sold “AS IS”. Buyer releases Seller, brokers, agents, contractors and/or auctioneer relating to the condition of the real estate.
UTILITIES Vectren Gas Duke Electric Indiana American Water Jeffersonville Sewers
REAL ESTATE TAXES 2019/2020 City of Jeffersonville ifw (Annual) -- $2,752.00
PARCEL 10-20-00-200-886.000-010
LEGAL Part Lot 20, Lots 17, 18, 19 Block 6, I & R Subdivision
TRAFFIC COUNT (AADT) 10th Street (Between Nachand Lane and Spring Street) 25,921 - 35,671 Dutch Lane 8,570 ---
BUYERS PREMIUM 10% Buyer’s Premium added to the hammer bid price to determine the final purchase price.
REAL ESTATE TERMS 10% Non-refundable down payment in the form of cash, check, or wired funds are due within 24 hours following the auction, balance due in 40 days. Taxes prorated to the day of closing. Possession at closing. Selling as is without contingencies, all inspections welcomed before the auction. See full details in the Auction Bid Packet.
OPEN INSPECTION Wednesday, November 4, 11AM - 1PM Tuesday, November 10, 11AM - 1PM Or Contact Us for a Private Showing
DIRECTIONS I-65 to Jeffersonville 10th Street Exit 1. East 1 mile on 10th Street to auction on left on the corner of Dutch Lane. Or West 4.5 miles on10th Street from I-265.
SELLER
Ron Ritter
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