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SEALED BID AUCTION FOR COMMERCIAL & DEVELOPMENT REAL ESTATE! WARSAW, IN SOLD!!

SOLD - $182,680.92



Sealed Bid Auction due by Wednesday, September 30, 2020 at 5:00 pm


Open house/inspection:


Tract 1 - 110 E. Prairie St., Warsaw, IN 46582 Tracts 2-4 -- 1278 W. Lake St., Warsaw, IN 46582 Send Sealed Bids to Metzger Property Services - 101 S. River Rd., North Manchester, IN 46992


Auction Highlights

SEALED BID AUCTION FOR COMMERCIAL & DEVELOPMENT REAL ESTATE! 3 UNIT FULLY LEASED OFFICE BUILDING & LAND WITH DEVELOPMENT POTENTIAL! WARSAW, IN Bids due by Wednesday, September 30, 2020 at 5:00 pm Send Purchase Packets to Metzger Property Services - 101 S. River Rd., North Manchester, IN 46962 22 +/- ACRES IN 4 TRACTS! 3 Unit Fully Leased Office Building & Land with Development Potential!


Auction Information

COMMERCIAL & DEVELOPMENT REAL ESTATE SEALED BID AUCTION!
Bids due by Wednesday, September 30, 2020 at 5:00 pm
Send Purchase Packets to Metzger Property Services - 101 S. River Rd., North Manchester, IN 46962


TRACT 2 - 1278 W. Lake St., Warsaw, IN  -- SOLD! $182,680.92

DEVELOPMENT POTENTIAL!  Tract 2 offers 18.33+/- Acres with Commercial or Residential Development Potential! Highly Visible Location on Old Rd 30 just west of the round-about! This lot features scenic trails and a beautiful creek along the edge of the property! Bid on this Tract individually or in combination with the other Tracts! Sealed Bid Information in Docs!





*SEALED BIDS ARE DUE BY 5:00 PM ON WEDNESDAY, SEPTEMBER 30, 2020, NO EXCEPTIONS. It is the Buyer(s) responsibility to make sure they are received by Metzger Property Services. 

TERMS: 10% on Land and $5,000 on Commercial Building down day of the auction with the balance due at closing. The Sellers will provide a Warranty Deed at closing. The Sellers will provide an Owners Title Insurance Policy. If survey is required for clear title, the costs shall be split 50/50 by the Seller and Buyer(s). RE BROKERS: Must register clients 24 hrs in advance of the auction to receive compensation. Client Registration form in docs.


Terms & Conditions

SEALED BID AUCTION. Bids due on 9.30.20 at 5:00 pm. Sealed Bid Information in Docs. TERMS: 10% on Land and $5,000 on Commercial Building down day of the auction with the balance due at closing. The Sellers will provide a Warranty Deed at closing. The Sellers will provide an Owners Title Insurance Policy. If survey is required for clear title, the costs shall be split 50/50 by the Seller and Buyer(s). RE BROKERS: Must register clients 24 hrs in advance of the auction to receive compensation. Client Registration form in docs.

Auction Photos

Auction Files

metzger-auction-bidders-information-packet-9302020-auction

tract-2-listing-detail-sheet