Live Webcast Auction
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High Bid: 0.00 USD
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Date(s)
11/26/2024 - 12/6/2024
AUCTIONEER INFORMATION
Bidding Notice:

Live & Online Bidding Accepted Auction held off-site at GODBY AUCTION CENTER 207 S Richardson Drive Somerset


Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead COMMERCIAL BUILDING & LOT
Description
Real Estate located at 312 W Mt Vernonm Street in Downtown Somerset
Name AUCTION of HISTORIC VORTEX CORNER
Auctioneer
Type Live Webcast Auction
Date(s) 11/26/2024 - 12/6/2024
Auction Date/Time Info
Online bidding open now and will run simultaneously with live & off-site Auction on Friday, December 6th 10:00AM at GODBY AUCTION CENTER 207 S Richardson Drive Somerset -- BID ONLINE OR IN PERSON!
Preview Date/Time Inspection / Preview by appointment. Call RICK BARKER (606) 678-4865 or OFFICE (606) 678-8189
Checkout Date/Time *
Location
Buyer Premium 10% Buyer's Premium
Description
Announcing the AUCTION of this Commercial/Residential Building & Lot primely located in Downtown Somerset - just behind the Welcome to Somerset Sign! This is the HISTORIC VORTEX CORNER property. Currently being used as a laundry mat downstairs, with two (2) residential apartments upstairs. All laundry equipment and personal property items are not part of this Auction. This Auction is only the REAL ESTATE.
Auction Terms & Conditions NOTICES Alterations, corrections and deletions of auction or lot descriptions may occur before the auction. Please review these terms & conditions, as well as auction and lot descriptions at sale time. We will make attempt to notify registered bidders ahead of sale time through e-mail communication of any changes to the auction or lot descriptions. BUYER'S PREMIUM AND SALES TAX A 10% Buyer's Premium will be added to the final bid price to determine a FINAL SALES PRICE. CATEGORIES Commercial, Residential DEADLINE Registration = December 6th, 2024 9:55AM EST PRECEDENCE Announcements on date of sale may supersede these terms & conditions. NOTICE OF BIDDERS Godby Realty & Auction, it's Auctioneers, and staff may bid at any time during this auction, and without specific notice given. SOLD AS IS All property is sold as is/where is. Godby Realty & Auction offers no warranty or any other guarantee neither expressed or implied. Sale becomes final at close of Auction. By bidding the you understand there are no refunds, price adjustment, or changes allowed after the sale closes. Failure of bidders to inspect or preview property does not give the bidder right to make a claim against the property or any advertisement/marketing of property, it's condition or status. Godby Realty & Auction has described the item to the best of their ability and knowledge. WE DO NOT AND WILL NOT GUARANTEE THE PROPERTY DESCRIPTION, INFORMATION, OR MARKERING MATERIALS TO BE ACCURATE, such as, but not limited to the age, authentication, condition, identification, makeup, source, particular use or purpose. Godby Realty & Auction, prior to the close of the Auction, has the right to alter and modify the description of property at anytime. COMPUTER & TECHNOLOGY EQUIPMENT Godby Realty & Auction uses computers, the Internet, and other technology to best conduct this Auction. In the event of technical issues, related to the connection to the Internet, the server, software, or any technology used, Godby Realty & Auction reserves the right of any of the following: 1) Extend the closing time of the Auction to compensate the technical delay. 2) Continue the bidding without the extension of the closing time, or 3) Close the Auction until further notice. NOTICE Godby Realty & Auction may provide notice of changes to registered and verified bidders about the Auction. Godby Realty & Auction, nor any company providing software support shall not be held liable for the failure or interruption of the Auction. Per the laws of the Commonwealth of Kentucky, any discrepancy between the bidders, buyers, and Godby Realty & Auction, it’s Auctioneers and employees be handled by the Jurisdiction of the District or Circuit court in which property is being sold, or our office is located [PULASKI] PAYMENT Winning bidder must pay a 10% deposit on final sales price at close of Auction, and 100% payment must be made within 45 days following close of Auction. VERIFICATION Godby Realty & Auction reserves the right to verify a bidder or buyer's creditworthiness. --------------------------------------------- ------------------------------------------ --------------------------------------------- ------------------------------------------
Your bid must adhere to the bid increment schedule. Please note the specified increments for this auction. *** In a Live Webcast Auction, the increments may change as the Auctioneer will announce via webcast and to the in-person audience. ***
Bid Amount Bid Increment
0.00 - 9,999,999.99 2,000.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium
Payment Terms
10% deposit on final sales price due day of auction - balance due in full within 45 days.
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