Property Description:
Auction Professionals of Kentucky and Ron Smith Realty are pleased to announce the auction Cole’s Place Event Space and other commercial and residential lots.
Bidding ends on Wednesday, May 12, 4pm at bidkentucky.com
2928 W. Kentucky Street, Louisville, KY
.68 Acres Zoned EZ-1 & R-6
3880 sq.ft. Commercial building with 2 baths, office, large tent. Zoned EZ-1. Fully fenced. All furnishings remain. This location was previously used for an event space with 2 bars, dance floor and outdoor space with plenty of parking. Ideal uses are Restaurant/Bar, Office Space, Community Center, Day Care, Automobile Sales and/or Repair Shop, Billiards/Game, Barber Shop/Hair Salon, Warehouse/Storage, Medical, Religious Building and many other uses. Any licensing requirement for the future use will be the sole responsibility of the new owner.
2923-27 W. Kentucky Street. .524 Acres Zoned EZ-1.
This commercial lot was used for parking for the event space across the street.
2902 W. Kentucky Street - .11 Acres Zoned R-6 (50’x 100’Lot)
2931 Greenwood Ave - .87 Acres Zoned EZ-1 (188’x 200’Lot)
2913 Greenwood Rd - .34 Acres Zoned R-6 (70’x 200’Lot)
All properties are located less than 1/2 miles for the new Goodwill Headquarters that plan on opening by 2022.
Preview: Wednesday, May 5, 10am-12noon or private showing
BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid to determine the contract selling price for real estate.
AUCTION LOCATION: ONLINE ONLY AT BIDKENTUCKY.COM. Bidding ends on Wednesday, May 12 4:00pm with extended bidding
TERMS & CLOSING: Purchaser shall make a non-refundable down payment of 10% of the contract selling price in the form of cash, certified check, cashier’s check, or good personal check secured by purchaser’s personal demand note payable to the RE/MAX 100. Balance to be paid for a general warranty and insurable title on or before June 14, 2021. Possession with deed. In the event BUYER fails to perform according to the terms of this contract, the down payment shall be forfeited as partial liquidated damages, and not as a penalty, without affecting any of SELLER’S further remedies. Property is selling AS IS and not subject to financing, appraisals or inspections. Buyers may obtain inspections at their own expense. Buyer is to verify lot size, square footage, restrictions, floodplain, and taxes. Auctioneer/Broker/Seller will not be liable for this information. Any licensing requirement for the future use will be the sole responsibility of the new owner.
PRIOR SALE: Pre-auction offered will be considered.
REAL ESTATE PRORATIONS: Real estate taxes to be prorated to date of delivery of Deed on property.
THE PROPERTY WILL BE OFFERED SEPARATELY AND COMBINED WITH ONLINE BIDDING. THE SELLER HAS THE RIGHT TO ACCEPT THE OPTION THAT YIELDS THE GREATEST RESULTS FINANCIALLY. ALL PARCELS ARE SUBJECT TO SELLER'S CONFIRMATION.
Online Bidding Platform: bidkentucky.com