Thursday, November 30, 2017
Ruhter Auction & Realty, Inc.
Details and Terms
This is an internet-only auction. All bidding activity will take place online. DO NOT WAIT until the last day to register for this auction. You may lose out on bidding if there are any complications with the system. You can register and then wait to place a bid but it is very important to get registered as soon as possible. Maximum bids are encouraged that allows the computer to bid on your behalf.
Terms & Conditions. By placing a bid, bidder acknowledges that they have read and accepts all terms and conditions. It is the responsibility of the buyer to understand all terms and conditions prior to bidding!
Bidding: By placing a bid at or above the reserve price of $30,000, you are entering into a contractual agreement with the seller to purchase the real estate should you be the highest bidder. Failure to follow through with your role in the transaction will result in negative consequences up to an including legal action to recoup damages caused to seller due to breach of contract. This is a timed, Online-only Auction. This auction will utilize a "SOFT CLOSE". Bidding within the last 5 minutes before the closing of the real estate will extend the bidding time by an additional 5 minutes. This prevents individuals from placing a bid on the property at the last second in order to prevent others from bidding more. Property sold "As Is, Where Is," with no warranty or guarantees, expressed or implied, by the seller or Ruhter Auction & Realty, Inc. Bidders accept the property "WITH ALL FAULTS", whether or not immediately apparent. It is strongly recommended that bidders inspect the property before placing a bid. Auction Software and Ruhter Auction & Realty, Inc. will not be held liable for any software or software malfunctions. Winning bidder will be notified of acceptance of the high bid via email or telephone within 24 hours of Auction Close. Successful bidder will then be required to enter into a standard purchase agreement with the Seller. A 10% earnest money deposit of sale price will be required within 24 hours that is non-refundable if buyer fails to close. The remaining balance will be due at closing and presentation of merchantable title by seller on or before 30 days from acceptance. Real Estate Taxes will be pro-rated to the day of closing. Title insurance will be split equally between buyer and seller. Property sold "As-Is Where-Is condition.
10% down day of auction balance due upon closing, not to exceed 30 days.
Title insurance & closing cost split equally between buyer-seller.
Property sells subject to easements, restrictions and covenants, if any of record
Residential/Commercial Online Real Estate Auction
Thursday, November 30, 2017 4:00 PM
1600 N. Saint Joseph Avenue | Hastings, NE
(West end of Old 281 Overpass)
This unique property has both residential and commercial privileges. It is zoned commercial, but is currently a 3-bedroom house with residential priority. Several possibilities for this property including residential investment, office space, or commercial business. Online bidding only with a starting minimum bid of $30,000.
This property was originally built in 1930 (house) and was remodeled into a USDA inspected meat deli in the late 1970’s. Since that time, it has served as a day care facility as well as a residential rental property. The property is more than a ¼ of an acre with over 7,000 square feet of asphalt parking lot. There is a small yard on the west side of the property.
Legal Description is lot 13 Dietz Addition, Block 4.
This property currently has 3 bedrooms, bathroom, kitchen and living room all on the main floor. It also has an unfinished basement.
Attend the online Auction Information Meeting
Monday, November 20 from 1:00-5:30 at Ruhter Auction & Realty,
2837 W. Hwy 6 in Hastings.
Agents will be available by appointment prior to sale day as well as all day on November 30th for bidder assistance
All bidding takes place online only with no live auction.
Bidding opens Wednesday November 8 and concludes on November 30th at 4:00 PM.
To register and bid, refer to our website www.ruhterauction.com
Bidders must register at least 24 hours prior to auction close.
1600 N. Saint Joseph Ave.
- Zoned Commercial with Residential Privileges
- Built in 1930
- 2016 Taxes $1,079.76
- 3 Bedrooms, 1 Bathroom
- 1,064 square feet on main floor
- 432 square feet in unfinished basement
- 7,250 square feet of asphalt parking
- USDA inspected facility in the past
- Main living area 14’8”x26’
- Bedroom One 10’x9’4”
- Bedroom Two 10’6”x9’4”
- Bedroom Three 9’6”x12’11”
- Kitchen 9’x10’10”
- Bathroom 8’x5’4” (Full)
- Newer Amana A/C & Furnace
- Includes Refrigerator
- GE Electric Range
- Whirlpool Dryer and Washer
- Rheem Water Heater-40 gallon