Friday, September 5 10:00 a.m.
1125 Commercial Drive Lexington, KY
Mr. Robert Hostetler has authorized the sale of the following at Absolute Auction:
Great opportunity to purchase this cnveniently located concrete block and brick building on a .25 acre lot with frontage on Commercial Drive, with additional access from Diaz Alley. Many recent updates including new electrical service, new lighting, renovated bathrooms, and much more. The Fayette County PVA office shows the building as being built in 1965, with 3,936 sq. ft. on the main floor, plus 3,936 sq. ft. in the unfinished basement. The main floor is a combination of open display area, offices and conference rooms, while the basement is a large open space with single and overhead doors and access off Diaz Alley. Lots of potential. Current zoning is B-4 – Warehouse/Wholesale Business.
Shown by appointment, or the property will be open for inspection on Friday, August 22 and August 29 from 10:00 a.m. to 2:00 p.m.
Terms: 10% down day of auction, with the balance due on or before October 6, 2014. Time is of the essence. A 6% Buyer’s Premium will be added to the final bid price to determine the total purchase price. Broker Participation welcomed. Call for details and participation requirements and deadlines.