Lot # : 1 - Terms and Conditions

Online Only Auction
Terms and Conditions
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Moberly, MO 65270
Date(s)
10/11/2024 - 10/28/2024
AUCTIONEER INFORMATION
Catalog
Bidding Notice:

Thank you for bidding!

Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead Terms and Conditions
Description
The winning bidder of the Commercial Property at 416 W Reed Moblery, MO will enter into a real estate contract with RG Mongler Real Estate and the Seller Trust within 24 hours of the end of the bidding. 10% down will be due at signing with certified funds due to Town & Country Abstract of Moberly, MO, by Wednesday, October 30th, 2024 or by other agreement. Closing on or before 11/29/24.
Name 416 W Reed Former Grand Theatre and JCPenny
Auctioneer
RG Mongler Real Estate and Auctions
Type Online-Only Auction
Date(s) 10/11/2024 - 10/28/2024
Auction Date/Time Info
October 11-28th, 2024
Preview Date/Time By appointment only
Checkout Date/Time The winning bidder of the Commercial Property at 416 W Reed Moblery, MO will enter into a real estate contract with RG Mongler Real Estate and the Seller Trust within 24 hours of the end of the bidding. 10% down will be due at signing with certified funds due to Town & Country Abstract of Moberly, MO, by Wednesday, October 30th, 2024 or by other agreement. Closing on or before 11/29/24.
Location
416 W Reed
Moberly, MO 65270
Buyer Premium 6% Buyer's Premium
Description
Former Grand Theater of Moberly. This property has office space on one side and retail space on the other. It could be converted into an event space, more office, retail, etc, with over 16,000 sq ft of space available. Full basement for easy access. Viewing is by appointment only, and broker participation is encouraged.
Please read the terms below and understand that by registering and bidding on this auction you are aware of the pickup dates, payment methods, and instructions given for certain lots. The winning bidder of the Commercial Property at 416 W Reed Moblery, MO will enter into a real estate contract with RG Mongler Real Estate and the Seller Trust within 24 hours of the end of the bidding. 10% down will be due at signing with certified funds due to Town & Country Abstract of Moberly, MO, by Wednesday, October 30th, 2024 or by other agreement. Closing on or before 11/29/24.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 50,000.00 500.00 USD
50,000.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 6% Buyer's Premium
Payment Terms
The winning bidder of the Commercial Property at 416 W Reed Moblery, MO will enter into a real estate contract with RG Mongler Real Estate and the Seller Trust within 24 hours of the end of the bidding. 10% down will be due at signing with certified funds due to Town & Country Abstract of Moberly, MO, by Wednesday, October 30th, 2024 or by other agreement. Closing on or before 11/29/24.
The winning bidder of the Commercial Property at 416 W Reed Moblery, MO will enter into a real estate contract with RG Mongler Real Estate and the Seller Trust within 24 hours of the end of the bidding. 10% down will be due at signing with certified funds due to Town & Country Abstract of Moberly, MO, by Wednesday, October 30th, 2024 or by other agreement. Closing on or before 11/29/24.