MEGA AUCTION PROPERTY
REAL ESTATE ONLY
Property Inspection - One hour prior to auction. Or call for private showing.
Outstanding Location in Downtown Lebanon
Extremely High Visibility
Three-story Commercial Investment Building
-Restaurant, State Health Center, Office/Business
-Four Apartments located above Retail Space
Property also includes the parking lot attached to building
(Approximately 40 parking spaces rented monthly)
Total Acres: 0.52
Gross Building Square Footage - 13,628
State Health Center - Approx. 2,800 sq. feet
-Recently renewed 5 year lease (May 2009)
Public Water/Sewer
Taxes: Approx. $7,700
Rents are as follows per month:
Apartments 1-4: $550, $450, $550, $505
Restaurant: $650
State Health Center: $3,158.58
Office Area: $625 (Vacant)
Owner is responsible for the following expenses:
Restaurant - Water, Sewer/Trash
Office Area/Apartments - Heating, Water, Sewer/Trash
State Health Center - All Utilities, Including Janitorial Service
TERMS: A 10% deposit will be collected on the day of the auction with the balance to be paid in 60 days. A three percent buyer's premium will be collected on the final purchase price.
