WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Bankruptcy Auction – Commercial Investment Opportunity
Two-Story Commercial Building: Spanning ±6,563 SF, Retail – Storage – Downtown Location!
Open First Floor w/Storage or Retail on 2nd Story – Potential Multi-Tenant Conversion – Renovation Necessary – Perfect Sweat-Equity Investment for the Savvy Buyer!
Commercial Zoning: Zoned C-2, the property supports a range of commercial uses such as retail, office, or service providers. Buyers should verify specific use allowances.
Prime Frontage: This ±0.27-acre parcel sits directly along South Main Street (US-25), providing Strong Visibility and direct access on an established commercial corridor with multiple operating businesses in the immediate area.
Redevelopment Potential: Ideal for investors seeking a value-add opportunity or owner-users looking to customize the space to fit their needs.
No Back Taxes – No Liens - Title Insurance Available!
Sold by Order of the U.S. Bankruptcy Court – EDKY- Case No. 26-60754 – Hope Industries, LLC – James Westenhoefer, Trustee
Online Bidding Ends Nov. 17th at 1:00PM ET
Inspection: November 10th at 2:00pm ET
Property Address: 1257 South Main Street, London, KY 40741
Tranzon Asset Advisors, Edward D. Durnil KY Auctioneer #259408/Broker #187998
10% Buyer's Premium and other terms apply.
Contact Clay Perry at 270-307-0215
