Farm Auction Guide

SHOWING COMMERCIAL REAL ESTATE FROM 11-1 PM

REAL ESTATE AUCTION

TUESDAY DECEMBER 15^th at 12 NOON

1421 N MAIN in EVANSVILLE, IN

NICE BRICK COMMERCIAL BUILDING ZONED C-4;

GREAT LOCATION JUST SOUTH OF BOSSE FIELD

IDEAL FOR MEDICAL OR PROFESSIONAL OFFICES, RESTAURANT, OR MANY OTHER POTENTIAL USES!

GREAT INVESTMENT OPPORTUNITY OR A PERFECT PLACE TO RELOCATE YOUR BUSINESS!

Directions: From Diamond Ave, go South on Heidelbach past Garvin Park & Bosse Field to right on Morgan, to left on Main; OR from the Lloyd Expressway go North on Main.

This quality property is currently known as the Parkview Building, and was the original home to the famous Smitty’s steak and seafood restaurant. The main level offers approximately 5,000 square feet and is currently configured into 5 units. The half story upstairs has an additional 7 units, and the full basement provides another 5 separate usable spaces.

There is approximately 1,700 square feet that is currently being leased at a rate of $1,273 per month.

Year Built: 1953  

Approximate Parking Spaces: 40   

Approximate Lot Size: .55 Acre (7 Lots)

Current ’08 Pay ’09 Taxes: $2,412.74 Per Installment

NOTE: If you are looking for a quality investment in real estate or a place to locate your business, please investigate this opportunity. THIS PROPERTY WILL SELL AT OR ABOVE THE MINIMUM STARTING BID OF ONLY $95,000!

PUBLIC SHOWING: TUESDAY DECEMBER 8^th from 11:00 to 1:00, or Call For Appt.

Terms: A 5% deposit will be required from the winning bidder at the time of the auction. This may be in the form of a personal or business check. The balance will be due & payable upon closing within 45 days from the auction. Purchaser will be guaranteed good clear title to the property. The seller will pay the search portion of a title insurance commitment. The purchaser will assume the taxes starting with the Spring 2010 installment. Property is selling on an as-is basis, and owner will accept any bid at or above the minimum opening bid of $95,000. Sohn & Associates, and its representatives are agents of the seller.

SELLER: Gary Cartwright