COMMERCIAL REAL ESTATE SEALED BID AUCTION

4,680+/- SQ FT BUTLER BUILDING and PARKING LOT

2171 E MORGAN AVE and 2174 E EICHEL AVE, EVANSVILLE, IN  47711

Auction Method:  SEALED BID

Bids Deadline:  WEDNESDAY, OCTOBER 25^th at 12:00 NOON

- Fantastic Location for Retail Shop, Restaurant, Showroom, Day Care, Pet Salon,  Medical/Dental or Professional Office

- Building Zoned C-2 & Extra Parking Lot Zoned R-2

- Super Busy Evansville Eastside

- Wonderful Investment Opportunity

Conveniently located on the bustling East side of Evansville, IN.  Super opportunity to own this 4,680+/- SF building that currently is divided into 3,000+/- SF office/retail space and 1680+/- SF garage in back. This well-insulated Butler building (built with steel beams to withstand earthquakes) includes 2 bathrooms, 5 front parking spaces and back parking lot (11 spaces). Multiple uses from light manufacturing or retail to office spaces or indoor skateboard park...may even be a restaurant or catering facility.

Built in 1983 as a light manufacturing and repair shop with approximately 4,680 square feet. The front +/-3,000 SF area features large storefront windows, wood laminate flooring in the showroom area, a large open wrap-around area, an office with carpeting, and a half bath.

Wide steel doors lead to the back garage +/- 1,680 SF area which is currently leased on a month-to-month verbal contract for storage.  It is all open and features an office area, and a half bath. The property also features central heat and air.

Please make your plans now to bid your price on this unique opportunity to purchase a prime building on Morgan Avenue in growing Evansville, IN!

SHOWINGS:  WEDNESDAY OCTOBER 18th from 11:30 AM – 1:00 PM or CALL

Lot Size:  approximately 0.40 acre with building on 82.45 x 170.57 lot and back parking on 45 x 126 lot

Parcel #: 82-06-22-017-043.029-027 and 82-06-22-011-069.011-027

2023 Annual Taxes: $4,180.06 and $579.40

How to Place Your Bid:  Please call Sohn & Associates at 1-800-357-4031 or 812-467-0227, or attend the public showings to receive your bidder packet. You may also download the forms at www.SohnAndAssociates.com. All interested parties are required to make Sealed Bids on purchase contract forms provided in packet. These bids must be delivered to Sohn and Associates, 12600 N Green River Rd, Evansville, IN 47725, by the Bid Deadline of Wednesday October 25^th 2023 at 12:00 PM NOON. All bidders will be notified the following day of the results.

Terms: A 5% deposit will be required from the successful bidder within 48 hours of offer acceptance. The balance will be due & payable at closing within 60 days. While this provides time to obtain financing, bidding is not “subject to financing”. Possession will be immediate upon closing. The successful Bidder will assume real estate taxes as of the installment due May 10, 2024.  Property is selling AS IS & subject to seller approval. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement. No warranty or representation, either express or implied, concerning the property is made by the seller or the auction company including, but without limitations to fitness for a particular use, zoning classification, utilities, etc.   Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller or the auction company.  Sohn & Associates, Ltd., and its employees and representatives are agents of the seller.

Auctioneer: Trent Sohn #AU1970067

Seller:  Peter J Gude