PRIVATE CLUB & RESTAURANT FACILITY ON 2.02 ACRES
WELL ESTABLISHED PRIVATE CLUB & RESTAURANT FACILITY
ON 2.02 ACRES
TUESDAY, AUGUST 27 AT 12 PM CT
5201 KRATZVILLE RD, EVANSVILLE, IN 47710
William Wilson Auction & Realty, Inc. has been authorized to sell the real estate and the remaining assets belonging to Kennel Club of Evansville, Inc, located at 5201 Kratzville Rd, Evansville, IN 47710
REAL ESTATE DESCRIPTION:
● 2.02 +/- Acres
● Approx 6,618 SF Dining Space
● 41,695 SF Paved Parking Lot
● Walk-in Coolers, Kitchen Space
● Custom Bar
● Turn-Key Opportunity
● Well Established Location Since 1925
Wednesday, August 14, 2-3:30 PM CT
Thursday, August 22, 4-5:30 PM CT
Sunday, August 25, 2-3 PM CT
or View One Hour Prior to Auction
OWNER: Kennel Club of Evansville, Inc
All announcements the day of the auction take precedence over printed material or any other oral statements made.
AUCTIONEER’S NOTE: We are privileged to offer this well known, notable establishment at Absolute Auction. The illustrious Kennel Club has been an anchor of Evansville since 1925. The new owner will enjoy a premium location
with a built-in customer base and a brand-new subdivision already in construction directly behind this turn-key restaurant facility. We look forward to seeing interested buyers at our three property inspection dates or by appointment.
PROCEDURE: The real estate will be offered in one (1) tract. There will be open
bidding during the auction as determined by the Auctioneer. Conduct of the
auction and increments of bidding are at the discretion of the auctioneer. All
decisions of the Auctioneer are final.
DOWN PAYMENT: A 10% down payment is due on the day of the auction with
the balance due at closing. The down payment may be in the form of cash,
cashier’s check, personal check or corporate check. Bidding is not conditional
upon financing. Bidders should arrange for financing, if needed, and be capable
of paying cash at closing.
ACCEPTANCE OF BID: Successful bidder will be required to enter into a
Purchase Agreement at the auction site immediately following the close of the
auction. The real estate will be sold at Absolute Auction regardless of price.
BUYER’S PREMIUM: A 5% Buyer’s Premium will be added to the high bid to
determine the contract sale price.
DEED: Seller shall provide a Sufficient Deed conveying title to the property.
CLOSING: The balance of the purchase price is due at closing, which will take
place within 30 days of the presentation of insurable title.
POSSESSION: Possession of real estate shall be delivered to the buyer at
REAL ESTATE TAXES: The real estate taxes will be the responsibility of the
buyer beginning with the taxes due and payable in May 2020, and thereafter.
SURVEY: If a survey is deemed necessary to establish a new legal description,
the cost of the survey will be shared 50/50 between the seller and buyer.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in
this ad and all related materials are subject to the terms and conditions outlined
in the Purchase Agreement, which shall take precedence. The property is being
sold on an "AS IS, WHERE IS" basis, and no warranty or representation, eitherexpressed or implied, concerning the property is made by the Seller or WILLIAM WILSON AUCTION & REALTY, INC., including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title,
location of utilities, assurance of building permits, driveway permits, or water and
septic permits. All sketches and dimensions are approximate. Each potential
bidder is responsible for conducting his or her own independent inspections,
investigations, inquiries, and due diligence concerning the property.
DIRECTIONS: From Hwy 66, turn north on Kratzville Rd. Property is 1.7 miles north of Hwy 66. Watch for signs.