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Key Details
Sold Price $257,402
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Listed On Tax Record
MLS Listing ID SCK656807
Year Built 2010
Annual Tax Amount $6,647
Tax Year 2024
Lot Size 0.520 Acres
Property Description
ABSOLUTE ONLINE BIDDING AUCTION! No Minimum/No Reserve. Bidding is open and concludes Friday, July 11th @ 11:30am. This former Taco Bell located at 126 Highway 56 Baldwin City, KS presents a prime opportunity along a high-traffic corridor. The property is situated on 0.52 +/- acres and features a 1,462± square foot building constructed in 2010, and is zoned Commercial CP-2. Key features include a drive-thru, walk-in cooler and freezer, and outdoor dining area, all situated on a highly visible lot with excellent frontage on State Highway 56. Please note there is a Deed Restriction stating "The property shall not be leased, managed, used, or occupied for the sale of pizza as its primary use." Buyers are advised to thoroughly review the terms and details provided on the online bidding site, as any terms, comments, or announcements made there supersede any other advertised material. The property is being sold in its current "Where Is, As Is" condition, without any warranties. The sale is absolute with no minimum and no reserve with closing within 30 days. The successful bidder must immediately execute the provided auction purchase contract and deposit 10% of the purchase price or $5,000.00, whichever is greater, as earnest money within the specified time outlined in the contract. Additionally, a 10% buyer's premium or $5,000.00 buyers fee, whichever is greater, will be added to the final bid price. This auction is conducted exclusively online, with a 2-minute bidding time extension. The auctioneer reserves the right to recess, adjust and/or extend the bidding time as they deem necessary. Furthermore, the auctioneer may, at their sole discretion, reject, disqualify, or refuse any bid. Broker forms, if any, are available on the bidding site. While all information is deemed reliable, buyers are encouraged to conduct their own due diligence. The sale is not contingent on financing, appraisal, or inspection, and the winning bidder must be available immediately post-auction. The property is sold subject to applicable Federal, State, and/or Local Government regulations, with all measurements and details approximate and non-binding. The auctioneer provides no warranties regarding the online bidding platform's performance and assumes no liability for any bidder-incurred damages during its use, including unacknowledged bids or errors. Bidders accept all risks associated with the platform and acknowledge that the auctioneer bears no responsibility for bid submission or acceptance errors or omissions. Auctions may be subject to selling prior to the auction date.
Location
State KS
County Douglas
Area 1462
Zoning General Comm
Interior
Heating Forced Air
Cooling Central Air
Flooring Concrete
Exterior
Garage Description Parking Lot, Paved
Utilities Available Natural Gas Available, Electricity Available
View Y/N Yes
Roof Type Flat
Building
Story 1
Structure Type Other
Others
Acceptable Financing No Lease
Listing Terms No Lease
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