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11/13/13 - Colfax Commercial Bldg

SOLD! $45,100

Whitman County Surplus Real Estate

5,800+/- sq ft Commercial Building, Corner Location

123 N Main St, Colfax, former “Elks” Building

Auction

Wednesday, November 13, 2013 2:00pm

At Kincaid Real Estate, 809 N Main, Colfax WA

Property Information Session

Tuesday, November 5, 2013 1:30-3:00pm

At subject property, 123 N Main, Colfax WA

Bidder Registration

Day of Auction 1:00-2:00 pm at Kincaid Real Estate

Refreshments provided

Present bidder deposit and evidence of ability to close

Abbreviated Sale Terms

· Bidding requires pre-qualification.

· A 10% Buyer’s Premium will be added to the high bid to determine the selling price per parcel.

· Bidder Deposits: $2,500.

· Bidder deposit required at time of registration, IN THE FORM OF A CASHIERS CHECK MADE PAYABLE TO GARY LIBEY TRUST.

· Earnest Money Deposit: At the close of the real estate auction, successful bidders will be required to provide a minimum earnest money deposit of ten percent (10% - minimum $2500) of the purchase price payable to GARY LIBEY TRUST. The cashier’s check Bidder Deposit will be applied to that percentage. Buyer must be prepared to issue a personal check for the balance due in excess of the bidder deposit, made payable to GARY LIBEY TRUST, to complete the earnest money deposit requirement.
· Terms: Cash at closing on or before December 13, 2013.
· Closing at the office of Gary Libey, Attorney, 409 N Main, Colfax, WA.
· Parcels are being sold by legal descriptions, not acres.
· Property information packets including complete sales terms and bidder information available at kincaidrealestate.com or by calling 509-397-4434.

Broker

C.D. "Butch" Booker

Eastern Washington native raised on the family farm outside Connell. He is member of the Booker Auction Company family with a lifetime of knowledge in ag and business values, marketing and sales. Kincaid Real Estate team member since 1999 and Owner/Broker since January, 2007. 2008/2009 International Auctioneer Champion. 1986 graduate of Washington State University.

Main Office

809 N. Main St, Colfax, WA 99111

Contact Info

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