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Former Big Box Retail Store

Auctions & Liquidations < Former Big Box Retail Store

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SALE INFORMATION
Industry:

Real Estate


Inspection Date:

By Appointment


CONTACT FOR THIS SALE
Contact:

Brian Batcher


Phone:

(416) 736-1367


Email:

bbatcher@managingyourassets.com


Project Overview

Excellent Investment Opportunity

Retail / Commercial Real Estate

79,895 SF Building on 7.37 Acres of Land

LOCATION: 4522 Maplecrest Road, Fort Wayne, Indiana, USA

AVAILABLE FOR SALE

PREVIEW BY APPOINTMENT

SPECIAL OPEN HOUSE: TUES. APRIL 14 FROM 10:00 AM TO 2:00 PM

STARTING BID: $975,000.00 (PREVIOUSLY LISTED AT $1,600,000.00)

Please Note: Regarding The Property Bidding Process

Although a Minimum Starting Bid of $975,000 has been set for this auction, if there is no initial bidding at, or above, the Minimum Starting Bid, then auction bidding will be opened at a lower amount. 

If the property is not sold by auction, it will be available for sale by private negotiations immediately after the auction.

All offers to purchase at less than the Minimum Starting Bid, will be submitted to the Seller, and given serious consideration.


PROPERTY HIGHLIGHTS:

  • 79,895 SQ. FT. ONE STORY COMMERCIAL/RETAIL BLDG. ON 7.37 ACRES., W/ APPROX. 450 PAVED PARKING SPACES.
  • FORMER "BIGBOX" RETAIL STORE, ADJACENT ON THE WEST SIDE TO THE STELLHORN VILLAGE SHOPPING CENTER.
  • BUILDING IS POTENTIALLY DIVISIBLE & COULD SUIT MULTIPLE USERS.
  • FULL MUNICIPAL SERVICES, FIRE SPRINKLERED, AIR CONDITIONED, NATURAL GAS HEATING.
  • SITUATED IN A LARGE WELLDEVELOPED RETAIL, COMMERCIAL & RESIDENTIAL NEIGHBORHOOD, IN NORTHEAST FORT WAYNE.
  • LOCATED AT THE  HIGHTRAFFIC INTERSECTION OF MAPLECREST RD. AND STELLHORN RD. W/ TRAFFIC SIGNAL ACCESS FROM MAPLECREST RD.
  • 3.45 MILES FROM INTERSTATE 469
  • ZONING IS "C2LIMITED COMMERCIAL", PERMITTING MANY USES.
  •   FORT WAYNE IS THE 2ND. LARGEST CITY IN INDIANA, W/ A POPULATION OF 257,000, & IS 125 MILES NORTH OF INDIANAPOLIS.
  • 2014 REALTY TAXES WERE APPROX. $43,400.00, & ASSESSED VALUE IS APPROX. $1,400,000.00.

FOR REGISTRATION INFORMATION AND DOCUMENTS CLICK HERE.

IMPORTANT INFORMATION:

  • ONSITE PROPERTY PREVIEWS BY APPOINTMENT.
  • $5,000 REFUNDABLE DEPOSIT REQUIRED TO BID.
  • 10% DEPOSIT REQUIRED WITHIN 48 HOURS, FROM SUCCESSFUL PURCHASER.
  • SUBJECT TO A MINIMUM STARTING BID OF $975,000.00. (WAS PREVIOUSLY LISTED AT $1,600,000.00)
  • AUCTION WILL BE CONDUCTED BY ONLINE CONFERENCE BIDDING.
  • THERE IS A "RECIPROCAL EASEMENT AGREEMENT" IN EFFECT WITH THE ADJACENT PROPERTY ON THE WEST SIDE, & THERE IS A 5 YEAR "RESTRICTIVE COVENANT" IN THE SPECIAL WARRANTY DEED, REGARDING CERTAIN USES OF THE PROPERTY.


Property Information Documents in PDF are now available. Please scroll down to Downloadable Info.

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