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Commercial building will be offered in 1 tract.
A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.
15% as down payment due within 48 hours of the close of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of wire, cashier’s check, personal check, or corporate check.
Please use our chat feature to message us if you have any questions during the auction!
In order to qualify to bid online we will need a letter of guarantee from your bank before the auction date.
Please send letter to harris@harrisauctions.com
YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
Tract 1
1.45 acres
ABSOLUTE REAL ESTATE AUCTION
Thursday, June 13th at 10:00AM
PUBLIC PREVIEW DATE: Tuesday, June 4th from 2:00 - 4:00 PM
COMMERCIAL INVESTMENT OPPORTUNITY!
Formerly known as "Off the Hoof", this building features 6,500+/- Sq. Ft. heated and cooled with a 26' x 54' covered patio with built-in bar. This property is situated on a 1.45-acre lot and is in a prime location near Kentucky Lake, this versatile space offers endless possibilities for any business endeavor. Whether you're dreaming of opening a bustling butcher shop, a trendy restaurant, or a vibrant retail space, this building provides the ideal foundation for your vision to flourish. Boasting excellent visibility and accessibility, it ensures that your business attracts the attention it deserves. Inside, you'll find a spacious layout that can be customized to meet your specific needs, complete with existing infrastructure such as commercial-grade kitchen facilities, ample storage areas. This property boasts a well-lit parking lot with over 100 spaces and two exterior signs, one visible from I-69. Inside, enjoy the charm of vaulted ceilings, rustic stone and wood accents, and a grand gas log fireplace.
Explore the versatile layout of this property, offering four designated dining spaces:
1. Main Dining Area: Leads to handicap accessible bathrooms.
2. Center Dining Hall: Features vaulted ceilings near the entrance.
3. Secondary Dining Room and Bar Seating Area: Adjacent to the center dining area.
4. Outdoor Dining Space: Includes covered and uncovered areas, accompanied by an outdoor bar. This space is equipped with exterior heating option and ceiling fans.
This property boasts essential amenities for efficient operations and enhanced customer experience: Four Walk-in Coolers/Freezers, Captive Aire Exhaust System, 12' x 20' Portable Building for Storage with walk through and roll up door and 14' x 14' Covered Patio with 8’ Rotisserie BBQ Smoker.
This Property is ideal for restaurant owners seeking well- equipped space to expand or grow their business.
TERMS AND CONDITIONS
PROCEDURE: The property will be offered in 1 individual tract.
BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.
DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
CLOSING: Closing shall take place on or before 30 days from auction date.
REAL ESTATE TAXES: All 2024 ad valorem taxes will be prorated at closing.
SURVEY: The property will be sold by current deed.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
Benton, Kentucky 42025
United States