MULTI PURPOSE BLDG ON 15 ACRES IN LOWES KY

PUBLIC PREVIEW DATE: Monday, September 30th 4-6 PM

UNLIMITIED POSSIBILITIES FOR THIS WONDERFUL PROPERTY IN THE HEART OF LOWES KY!

Real Estate Tracts:

Tract 1: Multi-Purpose Building on 7.32 Acres

Tract 2: 7.87 Acres

Step into a world of endless possibilities with the auction of the former Lowes Elementary School, a spacious and versatile property offering over 50,000 square feet of usable space. Originally constructed in the 1950s and expanded with a modern kitchen and cafeteria in 1991, this property is poised for transformation into your next big venture.

Property Highlights:

• Size: Approximately 50,000 square feet
• Features:
  • Gymnasium: Ideal for events, community gatherings, or sports activities.
  • Kitchen & Cafeteria: Updated in 1991, perfect for catering services or dining facilities. No appliances transfer in the auction.
  • Classrooms: Several rooms available, adaptable for educational purposes, workshops, or conference spaces.
  • Offices: Several office spaces ready for administrative or business use.
  • Restrooms: Multiple facilities to accommodate large groups.
  • Storerooms: Ample space for storage or inventory needs.

Potential Uses:

• Event Center: Host large-scale events, conferences, or community activities.
• Storage Facility: Utilize the extensive space for warehousing or inventory management.
• Office Complex: Create a dynamic workspace for a growing business.

This property’s expansive layout and diverse features make it a prime candidate for a wide range of applications. Whether you envision a bustling community hub or a sophisticated business center, the former Lowes Elementary School offers the space and flexibility to bring your vision to life.

Don’t miss this unique opportunity to acquire a landmark property with limitless potential. Join us at the auction and imagine the future you can create with this exceptional building!

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in 2 individual tracts or as a whole.

NO BUYER’S PREMIUM!

DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

CLOSING: Closing shall take place on or before 30 days from auction date.

REAL ESTATE TAXES: All 2024 ad valorem taxes will be prorated at closing

SURVEY: The property will be sold by a new survey. Buyer will be responsible for 50% of the cost.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, 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. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

Property Flyer

New Survey

Aerial

Building Layout

Click HERE to register to bid online