WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Sealed Bid Auction – Prime Corner Retail – Whiskey Row
• Four Stories – Double Building (101 & 103 W. Market) with over 15,000sf at the Signalized Corner or First St. and Market in the Highly Sought After Whiskey Row Distillery District!
• Premier Location for Retail, Restaurant, Bourbon Themed Tavern or Tasting Location!
• Portion of 101 is currently Leased to The Justin’s House of Bourbon – World’s Largest Rare Bourbon Boutique
• Upper Stories Prepped for Renovation & Your Plans – Bring Your Contractor & Begin to Imagine Your Dream Enterprise
• VITAL STATISTICS
o 4 Stories
o 15,076 sf Above Grade & 3,931 sf Basement Area (PVA)
o Year Built: 1913
o Zoned - Commercial Central Business District – Downtown Management District
o .0986 ac Lot Size
o Rear Service Alley Access
o Multiple Entrances on Market and First Street
o Utilities to Site: Electric, Water, Sewer, Natural Gas
• 101 Market Features- Ground Floor Leased Space & Available 2nd & 3rd Floor for Renovation and Use
• 103 Market Features- Open Interior Multi-Story Design with Skylights, Original Exposed Brick Interior with Numerous Architectural Accents with Numerous Design Features for Ready for Renovation
• Property Location is Significant and Premier – One Block South of booming Main Street Entertainment & Whiskey Row, Two Blocks from Yum Center, One Block from Louisville International Convention Center, Omni and Marriott Hotels 2-minute walk, 3 Blocks from Fourth Street Live Entertainment District and on the same Block as Brand New $75 Million Canopy by Hilton Hotel currently Under Construction & Signalized Intersection!
• Sealed Bids Required with Potential Second (Best and Final) Round of Bidding – Contact Tranzon Asset Advisors for Due Diligence and Data Room Access
• Partnership Dissolution with Mediation Ordered Liquidation of All Assets
• Title Commitment Available – Selling Free and Clear – Clear Title Guaranteed
• Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed
Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998
10% Buyer's Premium and other terms apply
Sealed Bids due by December 10th at 4:00pm ET
Property Address: 101 & 103 West Market Street, Louisville, KY 40202
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com
#tranzon #auction #realestate #realestateauction
