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PUBLIC AUCTION Commercial Real Estate, Restaurant and Bar Equipment The following will be offered at public auction at the below site: 202 & 204
N. Tremont St., SUNDAY, MARCH
6TH, 2011 |
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DESCRIPTION OF REAL ESTATE: Outstanding business opportunity! Located on a corner lot in a heavy traffic area of downtown Kewanee. Having two addresses with approximately 6,300 sq ft total. The real estate is being offered as one unit but could easily be converted back into two separate units. Many recent updates including 400 amp. elec. service, furnace and central air. 1st floor has been remolded with newer carpeting, interior drywall, lighting, handicapped accessible restrooms, and ventilation and sprinkler systems in kitchen. Renovation on the 3,150 sq. ft 2nd floor includes new windows and wiring. If you’re looking for a prime location to start a business or expand an existing one, you need to take advantage of this opportunity. To view the property, call Mark Guthrie at 309.945.6120. LEGAL DESCRIPTION: Lot 16 County Clerks Sub of Pt. Blk 16 orig town of Kewanee (EZ) Lots 17 & 18 County Clerks Sub Pt Block 16 orig town City of Kewanee (EZ). TERMS AND
CONDITIONS: 1. The successful bidder shall be required to
enter into a standard purchase agreement with 10% of the purchase
price due immediately following the sale of the real estate and the
balance of the purchase price due on or before April 6th, 2011, when
possession will be given. 2. The Seller shall provide a title insurance
policy in the amount of the purchase price of the real estate. 3.
Real estate taxes shall be prorated to the date of possession. 4.
All announcements made the day of the sale take precedence over any
previously printed advertised terms or conditions. 5. The subject
real estate and improvements are being sold in strictly “AS
IS, WHERE IS” condition without any representation or warranties
expressed or implied. 6. The information is believed to be accurate.
However, we strongly urge all prospective Buyers to thoroughly research
all pertinent data and to draw their own conclusions. 7. To inspect
the property or for further information, please call:
Mark Guthrie at 309.945.6120.
COMMERCIAL RESTAURANT AND BAR EQUIPMENT: 9 ½’ x 6’ Norlake walkin cooler, 7’x 4 ½’ True 2-door stainless steel freezer on castors, 7’ x 4 ½’ True 2-door S.S. refrigerator on castors. Southbend 5’x2’10” 10 burner gas stove w/ oven on castors w/ back splash and shelf. Wolf gas grill on castors, Pitco deep fryer, Hatco food warmer, several small refrigerator units, Kenmore chest-type freezer, Kelvinator upright freezer, 5’x2’ 2-door beverage cooler, True 4’x2 ½’ beverage cooler, 3 drawer elec bread warmer, 3 tub S.S. kitchen sink, 3 tub S.S. bar sink, salad bar refrigerated prep station w/ access. Manitowac ice machine, small Butcher block table. Approx 25 3’ x 3’ and 2 ½’x 2 ½’ square tables, approx.70 padded chairs; S.S. shelving units on castors, microwave oven, coffee maker, aluminum & S.S. stockpots, serving trays, frying pans, ect. Misc. pots and pans, cooking utensils, silverware, Homer Laughlin china including serving dishes, bowls, plates, plus other serving pcs., many steam table pans & access., steak knives, misc. bar glasses, including beer margarita, wine, shot, water, some fiesta pcs. (7) 18 qt plastic meas tubs. Royal 125 n.t. cash register, misc. office supplies, file cabinets, desks, office chair, floor mats, cleaning supplies, mop buckets, several old oak doors, Holiday decorations, several pcs. of Curves exercising equip. 28 ft. fiberglass ext ladder, 12’ alum ext ladder, 8’ alum stepladder plus much more.
Ahearn Land Trust, Kewanee ~ Seller Tym
Kerr ~ Attorney
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