Commerical Real Estate Former Subway Resturant Online Auctio | Live and Online Auctions on HiBid.com

Mid-State Auction Service

Date(s) 9/22/2024 - 10/6/2024

Commercial Real Estate Former Subway Restaurant Online Auction 513 East Chestnut - Mt. Pulaski, IL Amazing Building in an Excellent Location with Full Resturant still intact from prior owner (Former Subway Franchise) that was in use until late 2022. Equipment could be returned to service as all was working per design at time of closing. LOCATION - LOCATION - LOCATION - Frontage Road - Parking - Drive Through - Large Sign on Roadway - Storage Shed and More!!! New owner will have a ton of options to do with this property - Mt. Pulaski is a great small town Buyer is purchasing the commerical real estate and the contents of the building - no Subway Franchise rights are being sold with this offering. Auction is offered via Rawdin Auction Service in Conjunction with Mid-State Auction Services Auctioneer: C.E. Redamn "The Selling Machine" 441.002198 Auctioneer: John Rawdin 441.001944 Terms: TERMS & CONDITIONS:10% down at close of auction. Balance due and possession at closing on or before 11/6/2024. Buyer(s) will be required to enter into a written contract at the close of the auction. Prairie Lane Title Company - Lincoln, IL will handle all title work and closing. Real Estate sold "AS IS?, no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding. Estate reserves the right to accept or reject any or all bids. A Five (5) percent buyers premium will apply to the high bid to establish a contract bid. - Buyer will pay all closing costs at time of closing.