SALE PENDING! AUCTION IS CANCELLED

LIVE PUBLIC COMMERCIAL REAL ESTATE AUCTION 

THURSDAY JULY 25th at 12 NOON

PRIME COMMERCIAL REAL ESTATE in NEWBURGH, IN

Property & Auction Location: 4199-4211 HWY 261 (Old SR 261) in Newburgh; From Evansville, go East on the Lloyd Expressway to Newburgh, then Right (South) on Hwy 261 to property on the right

Auctioneers Note: This auction provides you with an outstanding investment opportunity or the perfect place to start or relocate your business. While all offers will be considered, the seller has agreed to accept any auction bid meeting or exceeding the incredibly low price of only $350,000.00 Please note, the property was recently professionally appraised at $600,000.

- PRIME NEWBURGH LOCATION w/ HWY 261 FRONTAGE!

- CHARMING 4,650 SQFT REMODELED BUILDING BUILT in 1852!

- VERY NICE 3,840 SQFT OFFICE BUILDING BUILT in 2000!

- ALL LOCATED on 1.2 ACRES ZONED C-3 (Can Be Separated)!

- AMPLE PAVED PARKING!

- NO BUYER’S PREMIUM & UP TO 60 DAYS TO CLOSE!

- OUTSTANDING INVESTMENT OPPORTUNITY!

4199 Highway 261:

Known by many as the “Old Newburgh House”, this charming historic property was originally built in 1852. It has been the home to restaurants, offices and more. The owners have just completed significant remodeling while retaining the original mystic. It still retains its original woodwork throughout with tall baseboards, molding, and original stairwells. The large open rooms and 12’ ceilings add to the great floor plan making it perfect for professional offices, boutique, or restaurant! It also features 4 total restrooms and a new architectural shingle roof.

4211 Highway 261:

Built in 2000, this very nice 2 story office space could be yours! It offers approximately 3,840 total square feet. The main level features a large open room with 4 partitions, 4 office rooms, and his & her restrooms. The second level offers a large open room with a kitchen area, 4 office rooms, and his & her restrooms.

While both buildings are currently together on a single 1.2 acre tract, it can be divided into two separate parcels. Please call with any questions on this.

- Property ID: 87-12-26-100-118.000-019

- 2018 Pay 2019 Taxes: approx. $ 3,547.93 Per Semi Annual Installment

SHOWING: THURSDAY JULY 18th 11-1 or Call for Appointment 

While all offers will be considered, the seller has agreed to accept any auction bid meeting or exceeding the incredibly low price of only $350,000.00 Please note, the property was recently professionally appraised at $600,000. 

Property is being offered in conjunction with Michael Fisher, House Hunter Realty (812)319-2037. Broker Participation is encouraged.

Terms: No Buyer’s Premium! A 5% deposit will be required immediately following auction. This may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the Fall 2019 installment. The property is selling on an AS IS basis and subject to seller approval. Sohn & Associates, Ltd & House Hunter Realty and its representatives are agents of the seller.

Seller: Robert Heath Hart