424 W Central Ave, El Dorado Kansas 67042 Commercial Investment Real Estate

Auction Location

 THURSDAY NOVEMBER 14, 2024 4:00 PM  ONLINE ONLY AUCTION: Download The Sundgren Realty App Today!

Real Estate Taxes

2023 REAL ESTATE TAXES:  $0.00 (Currently tax exempt)

* Online Only Auction *

* Bidding Opens November 7 *

Property Address

 424 W Central Ave, El Dorado, KS 67042

Property Description: 

Located at 424 W Central Ave in El Dorado Kansas, this location has long been utilized as the First Presbyterian Youth Center. It offers flexible use opportunities with the current configuration being a 2 bed 1.5 bath apartment connecting to a large event center complete with full kitchen, bathrooms and more! Large basement offers additional storage. Property is currently zoned C-1. This property offers great visibility and mixed use! Invest in Real Estate.

Directions

 From Main and Central, west on Central 4 blocks to the property.

Terms

REAL ESTATE AUCTION TERMS: Bidding will close at 4:00 PM on Thursday November 14, 2024 or once no additional bids have been placed for 2 minutes. Property will sell in total dollars. There will be a 10% buyers premium added to the high bid to determine the contract price. The successful high bidder shall be required to sign the real estate purchase contract linked above immediately following the conclusion of the auction and be purchasing the property subject to the preliminary title search report also linked above. Non refundable earnest money is $15,000 due immediately following the conclusion of the auction. The balance of the purchase price shall be due upon Sellers submission of merchantable title and closing. Closing date shall be on or before December 16, 2024. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way. This property is selling “as is”, not subject to financing, inspections, or appraisal. Interested buyers need to view the property prior to the date of the auction and have financing available and any inspections performed prior to bidding. All pertinent information is available upon request.