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Saturday, April 1, 2023 • 2:30 PM 

AUCTION VENUE: Sale to be held onsite - 447 Locust St., Chillicothe, MO 64601


Due to the death of Lamar Moore, we will sell the following commercial real estate at 447 Locust St., Chillicothe, MO. On Washington St. / Hwy 65, go east on Clay Street (Citizens Bank & Trust) for 1 block to Locust St., then south to sale location. 


Teter Auction Company, LLC is pleased to present for auction 447 & 445 Locust St. in Chillicothe, MO. A great opportunity for a business owner or an investor!


These unique commercial properties, zoned C-2, are located in the “Kelly Poling Arts District” in Chillicothe, MO. 


445 Locust St., Chillicothe, MO 

This attractive property has unlimited possibilities. The main floor retail area is over 2,600 sq. ft (24’x112’) and includes hard wood flooring throughout, enclosed office, and one bathroom. Additionally, the property offers an unfinished second floor, adding to the many possibilities for the building. The property has been used most recently as a show room for classic cars, locally known as “the museum”. Don’t miss your chance to own this versatile and one-of-a-kind property at a price you set!

Structure Information

  • Gross Building Area: 5,376

  • Year Built: 1910

  • Walls: Brick & Plaster

  • Ceiling: Metal, Tin

  • HVAC: Forced air, natural gas

  • Exterior: Brick, Wood, Metal

  • Roof: Flat, Rubber

  • Parking: Street Parking

  • Basement: Unfinished, Brick/Mortar

Note: Click on image to enlarge.

447 Locust St., Chillicothe, MO 

As this property has been vacant for some time, it will need some updating and repairs. Recently, there was a water pipe burst that caused significant damage to the flooring, walls, and ceiling. It was professionally gutted and now ready for a new owner. The property has been most recently used as an office / retail area, locally known as “Moore Equipment Company” and will feature over 4,000 sq. ft. (40’x112’). The main floor will feature a lobby / waiting area with receptionist window, 4 enclosed office spaces, ladies and men’s restrooms, and a large upstairs conference room.  A second storage area can be found to the north with a garage door street access. Make plans to take a look at this commercial property that has superb curb appeal!

Structure Information

  • Gross Building Area: 4,480

  • Year Built: 1920

  • Walls: Brick, Plaster, Drywall

  • Ceiling: Drywall

  • HVAC: Forced air, natural gas

  • Exterior: Brick, Wood

  • Roof: Flat, Rubber

  • Parking: Street Parking

  • Basement: Unfinished, Brick/Mortar

The real estate will sell at approximately 2:30 PM. If you would like to schedule your personal showing, contact the auction firm at (660) 963-2461.


Sale Method: The properties will be sold individually 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. The properties will NOT be offered together at the conclusion of the auction. 

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 Livingston County 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, May 1, 2023, which will take place at Livingston County 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. 

Announcements: This sale is subject to all easements, covenants, leases, and restrictions of record. 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.​​


Closing & Title Work By:

Livingston County Title, LLC  
718 Washington St., Chillicothe MO 64601
Ph: (660) 707-0677

For additional information or questions contact Teter Auction Company, LLC
Office: 660-963-2461

Auction Venue Location:

447 Locust St., Chillicothe, MO 64601

Saturday, April 1, 2023 • 2:30 P.M.

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