ABSOLUTE REAL ESTATE AUCTION

Tuesday, November 20th 2018 At 5:00 PM

Auction Held At: 1100 S. Main Street, 3rd Floor, Hopkinsville, KY

CAYCE BROS. PROPERTIES

Own Your Piece Of History

 

11 PROPERTIES DOWNTOWN

INVESTMENT OPPORTUNITY!

INCOME PRODUCING PROPERTIES!

POTENTIAL YEARLY INCOME OF MORE THAN $240,000.00!

 

Real Estate Details:

Tract 1: 913 S. Main Street: (Church) 2 Story Brick Building That Contains 9,000 Sq/Ft Is Sitting On A .13 Acre Lot That Is Well Suited For A Variety Of Uses.  The Building Is At The Intersection Of S Main And Tenth Street, Adjacent From Black Patch And Next To Ferrall’s.  Currently Leased With A Modified Gross Lease In The Amount Of $900 Monthly Or $10,800 Annually.

Tract 2: 1004 S. Main Street: (Heirloom Tables) 1 Story Brick Building That Contains 12,341 Sq/Ft, Sitting On A .126 Acre Lot And Well Suited For A Variety Of Uses.  The Building Is Located At The Intersection Of S Main And Tenth Street. Currently Leased With A Modified Gross Lease In The Amount Of $750 Monthly Or $9,000 Annually.

Tract 3: 1010 S. Main Street: (Amanda’s) 2 Story Brick Building That Contains 13,920 Sq/Ft Sitting On A .1978 Acre Lot.  The Main Level Is Occupied By A Restaurant, With The Second Floor Having A Living Space Containing 6 Bedrooms And 1 Bathrooms.  Currently Leased With A Modified Gross Lease In The Amount Of $750 Monthly Or $9,000 Annually.

Tract 4: 1012-1016 S. Main Street: (The Look, Bastin’s) 2 Story Brick Building That Contains 3 Separate Units And A Total Of 9,840 Sq/Ft. Currently Leased With A Modified Gross Lease In The Amount Of 10,812.12 Annually.

Tract 5: 1100 S. Main Street: (Pennyroyal Building) 3 Story Office Building With Multiple Tenants.  The Lot Contains .2273 Acres.  30,000 Sq/Ft Of Leasable Area. Current Income Of $116,000 With A Potential Income Of $175,000 Annually.

Tract 6: 1101 S. Virginia Street: (Small Heart Day Care) This Building Contains 3,600 Sq/Ft.  The Lot Is Approximately 3,800 Sq/Ft And Is Located At The Intersection Of South Virginia And 11th Street.  Currently Leased With A Modified Gross Lease In The Amount Of $1,550 Per Month Or $18,600 Annually.

Tract 7: 1306 S. Campbell Street: 2,617 +/- Sq. Ft Vinyl Home With 5 Bedrooms And 1 Bath.

Tract  8: 11th Street Parking Lot: 57.7×57.5 Lot Contains 12 Parking Spaces.

Tract 9: 12th Main Parking Lot: 48.5×174 Lot Contains 29 Parking Spaces.

Tract 10: S. Virginia St. Parking Lot: Lot Contains 39 Parking Spaces.

Tract 11: 914 Walnut Street: Commercial Lot With Building

REAL ESTATE SELLS ABSOLUTE TO THE HIGHEST BIDDER AT 5:00 PM!

AUCTION HELD AT 1100 S. MAIN ST, 3RD FLOOR!

REAL ESTATE TERMS: 15% Down Day Of Sale Balance on or before December 31, 2018.  A 10% Buyer’s Premium Will Be Added To The Final Bid & Included In The Contract Price.  Buyer Will Be Required To Sign A Lead Based Paint Disclosure Waiving The Opportunity To A 10 Day Post Sale Inspection. Make Inspections Prior To Date Of Sale.