COMMERCIAL REAL ESTATE & ANTIQUE TRACTOR AUCTION
Friday, June 30, 2023 • 10:00 AM
AUCTION VENUE: Sale to be held onsite - 538 McCormick St., Chillicothe, MO 64601
LOCATION
Due to health reasons and moving to a nursing home, the Constant family will sell the following real estate and antique tractors at the property located 538 McCormick St., Chillicothe, MO 64601. From the very south end of town at Highway 65 & Washington Street in Chillicothe, turn east on Business 36 (Casey’s) and travel .5 miles to International Road, then turn north for one block to McCormick Street, then turn west to sale. Auction signs posted sale day.
REAL ESTATE
Mark your calendars now for this turn-key investment or business opportunity! Instant cash flow – The property includes (7) 10’x24’ units with overhead doors and concrete floors, (1) 16’x24’ unit with overhead door, walk-in door and concrete floor. This nice property also features a 53’x42’ main building shop with concrete floors, 16’ sidewalls, (2) 12’x14’ overhead doors, walk-in door, 15’x18’ loft, bathroom w/ propane furnace, floor drain pit/grate, plumbed airline throughout, and will also include an additional 53’x18’ lean-to with an overhead door. The buildings also have new guttering, downspouts, and freshly laid gravel on the lot. 100% occupied with additional land area for outdoor storage or additional building site. Chillicothe is a growing market, and this property has close proximity to Highway 36 and Highway 65 with easy in/out access.
The real estate will sell promptly at 10:00 AM. If you would like to schedule your personal showing, contact the auction firm at (660) 240-9161 for viewing.
Note: Click on image to enlarge.
2022 TAXES:
$1,660.38
METHOD & TERMS
Sale Method: The property will be sold for a "lump sum" total dollar amount. Property will be sold in as-is condition and is not contingent upon buyer's financing, condition of property, appraisal, inspection, or any of contingencies.
Purchase Agreement: At the conclusion of the auction, the successful bidder will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment, payable to Harvest & Home Title, which shall hold the money in escrow until closing.
Closing: The balance of the bid price will be due at the time of closing in approximately 30 days, on or before Monday, July 31, 2023, which will take place at Harvest & Home Title. Title insurance in the full amount of the purchase price will be provided by the seller. The 2023 real estate taxes will be prorated to the date of closing. Title company closing costs will be divided equally between buyer & seller. Possession will be transferred to buyer at the time of closing.
Tenant Termination: This sale is subject to all easements, covenants, leases, and restrictions of record. Income from leased units will be prorated to the date of closing.
Unit 1: 10/1/2023 - Unit 2: 10/1/2023 - Unit 3: 12/3/2023 - Unit 4: 6/30/2023 - Unit 5: 10/1/2023 - Unit 6: 10/1/2023 - Unit 7: 6/30/2023 - Unit 8: 9/24/2023 - Unit 9 (Shop): 7/31/2023
Announcements: Any announcements made auction day by Teter Auction Company will take precedence over any previously printed materials or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.
Disclaimer: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All lines drawn on maps, photographs, etc. are approximate. There are no expressed or implied warranties pertaining to the property.
ANTIQUE TRACTORS
- 1951 Minneapolis Moline UTU 2wd tractor, narrow front, gas, 540 PTO, 15.5-38 rear tires, clam shell fenders, 1 hyd., new battery, runs
- 1940 Minneapolis Moline UTS 2wd tractor, wide front, gas, 540 PTO, 18.4-30 rear tires, 7.50-18 front tires, clam shell fenders, new battery, runs
- 1949 Minneapolis Moline UTS 2wd tractor, wide front, gas, 540 PTO, good 16.9-30 rear tires, 6.50-16 front tires, fenders, new battery, runs
- 1941 Minneapolis Moline RTU 2wd tractor, narrow front, gas, 540 PTO, good 11.2-38 rear tires, 5.50-16 front tires, new battery, runs
- 1949 Minneapolis Moline GTB 2wd tractor, wide front, gas, 540 PTO, new battery, runs
- 1949 Minneapolis Moline ZAU 2wd tractor, narrow front, gas, 540 PTO, 12-38 rear tires, 6.00-16 front tires, new battery, runs
ADDITIONAL PHOTOS -
NORMA & THE LATE BUD CONSTANT
For additional information or questions contact Teter Auction Company, LLC
Office: 660-240-9161
Auction Venue Location:
538 McCormick St., Chillicothe, MO 64601
Friday, June 30, 2023 • 10:00 A.M.
