COMMERCIAL OFFICE COMPLEX * OFFICES * 116 SPACE PARKING LOT
ENID * OKLAHOMA * INCOME PRODUCING * 5 BUILDINGS
OFFERED INDIVIDUALLY AND THEN TOGETHER
Wednesday June 7th 2017 10:00 AM
Auction Location: 1800 S. Van Buren Enid, Oklahoma
This very nice commercial property has been set up as a Condo Unit providing for individual or complete ownership. Lippard Auctioneers, Inc. will be offering these 5 building at Absolute Auction with no minimums or reserves to the highest bidder. This is a good opportunity to purchase an individual office building or the entire complex. These building have had a lot of renovation done of the past several years with two of the buildings currently leased. The other 3 buildings still need renovated. The property has nice covered walkway to each of the buildings with courtyard atmosphere. For an appointment to view, contact Lippard Auctioneers 580-237-7174 or view pictures and agreements at www.lippardauctions.com
Building A: This building has multiple entries, 10 offices, 2 bathrooms, kitchen, 2 reception areas, and a large room for conference/training, etc. According to the building plan this building has 2,698± SFT and is currently vacant.
Building B: This building has 2 entries on front side and 4 rear exits and is comprised of 3,768± SF. This building is set up to have a possible 4 suite unit but is currently leased with two tenants (MERC paying $2,250 per month and Life EMS paying $450.00 per month). This building has been totally renovated and is very nice inside. Due to its occupancy no interior pictures are available online. Tenants do own the large generator and tower located at the rear of the building.
Building C: This building is set up in 3 individual suites with each suite containing 2 office, bathroom and reception area. This building has 2,466 SF and does need to be renovated.
Building D: This building is set up in 3 individual suites with 2,143 SF and each office is currently leased. Suite D1 is leased for $500.00 per month, Suite D2 is lease for $600.00 per month, and Suite D3 is leased for $500.00 per month, leases available to view on www.lippardauctions.com under documents. This building is very nice with side and rear parking.
Building E: This building is set up in 3 individual suites with 2,477 SF with each suite containing 3-4 offices, bathroom and reception area. This building needs to be renovated.
Covenants/Leases/building plan: the current lease agreements and covenants are located on www.lippardauctions.com under documents.
Possession: will be given subject to any of the existing leases in effect or at closing on the vacant office.
Terms/Conditions: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. Closing will be approximately 30 days after the auction date. All financing and inspections must be done prior to bidding. All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company or the sellers. Any announcements made the day of the auction supersede all advertising.
SELLER: PLAINSMEN PARTNERS, LLC