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Absolute Auction - No Minimum, No Reserve, Sells
Regardless of Price!
Mixed-Use Commercial Building, 134 Smith Street, Poughkeepsie, Dutchess County.
Description:
Mixed-Use Building Containing Two Spaces - Vacant Commercial Space and Residential Apartment - Commercial Opportunity or Live and Work here! Single story building has total footprint of approximately 3,040+/- square feet. Commercial space currently vacant, is approximately 1,520+/- square feet. Sale includes all contents of commercial space: shelving, counters, two functioning coolers, more. Two- bedroom apartment (approximately 1,520 square feet) is currently occupied by long term tenants, on month-to-month basis, who would like to stay if possible. Apartment rent of $1,065 per month includes heat, hot water, water/sewer. City of Poughkeepsie School District. Municipal water and sewer. New Duro-last roof installed in March 2020 covers the large front portion of the building and has a 15-year transferable warranty.
Showing:
Call for appointment, contact Agent John Santiago 845-605-2504, Paul Gableman
845-605-2720, or Philip Gableman 845-337-5063 for details.
Pre-auction offers are welcomed. Broker
Participation offered. Click
here for form.
It's Easy to Bid!
1) Get a Username & Password at AARauctions.com
2) Register for the Online Only Auction
3) Complete Internet Bidding Packet via DocuSign link and you can
participate.
ANNOTATED TERMS OF AUCTION:
We have been contracted to sell this property at Public Auction. Get
a Username & Password at AARauctions.com, register for the
Online-only Auction and bring/mail our ‘Internet Bidding Packet’
containing the ‘Terms and Conditions’ and a $5,000 Guaranteed
Funds/Bank check payable to: Absolute Auctions & Realty, Inc. Mail
to: AAR, POB 1739, Pleasant Valley, NY 12569 – no exceptions, and
you can participate. Credit Card Authorization Form in lieu of
$5,000 bank check/Guaranteed funds available. Complete your due
diligence prior to bidding. If successful, an electronic “Contract
for Purchase and Sale NY Real Estate” will be sent to you, sign
contract, return by 4PM day after auction. 10% Buyer's Premium.
Close transaction on or before September 28, 2021. Time is of the essence.
Deposit will be refunded to unsuccessful bidders.
Title & Liens: Property is sold
with insurable title, free and clear of adverse liens or
encumbrances at closing.
Bidding Notes: The silent auction website has a
“dynamic ending” feature; if someone “sniper bids” on a lot at the
scheduled end of the auction, the system will extend the bidding
clock two minutes to give everyone time to bid again. |
