Saturday, February 28th, 11 amStated Reserve Real Estate AuctionInventory, equipment and intellectual propertyFor more information about the business or viewing please call Lincoln Crum at 812-987-2830. Lincoln Crum Auctioneer # AU08800698Open House Sunday February 22, 2015 2 - 4 p.m.Lincoln Crum Realty has been authorized by Terry Frerman to offer the real estate property at "stated reserve" auction and the equipment/intellectual property at "absolute auction".Real Estate (sells first): This property measures approximately .32 acres located in a very high traffic area of Eastern Boulevard. The improvements consist of a retail building (used to be a house) of 1,236 square feet with a basement along with a small outbuilding used for storage. This property has been used as a retail flower and gift shop for the past 10 years. Don't miss out on this fantastic buying opportunity for a very visible property!Terms: $7,500 down auction day, balance in 45 days. A 10% buyer's premium will be added to the winning bid to determine the final selling price. 3% Broker cooperation offered, please call Lincoln for details regarding registration.Stated Reserve: Once the bidding surpasses $50,000 the reserve will be lifted and the property will sell to the winning and final bidder.Personal Property: We will be offering two individual auctions for the personal property, as follows: 1. All of the inventory, equipment and personal property. 2. We will offer the full use and ownership of the domain, phone number and customer list. Both of these lots will sell after the real estate and at Absolute Auction selling to the highest bidder. Terms: Cash or check.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
