WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Bank Ordered Auction – 10,500+/- SF Warehouse/Office
• Land Area Gross: 1.34 AC’s or 58,370.40 SF +|- of land
• Improvement #1: Includes Office & Warehouse built in 1930, Total SF 6,547 (2,257 SF Office & 4,290 SF of WH)
• Improvement #2: Includes Warehouse built in 2008, Total SF 4,000 SF
• Approx. 2,636 SF of Asphalt Paving
• Zoning: I-1 Light Industrial
• City Water & Sewer
• Approx. 130’ of Road Frontage along S Hayden Ave
• Approx. 550’ of Road Frontage along SW 1st Ave
• Close proximity to Business Interstate 40
Links:
• City of Amarillo Zoning Map
• City of Amarillo Zoninig Ordinance
Former Johnny B Electric Facility – Industrial Property
Located just minutes from downtown Amarillo, this industrial property, zoned light industrial, offers a prime location with significant warehouse and office space. The facility includes approximately 2,250 SF of office space and over 8,000 SF of total warehouse space, including a 4,000 SF attached warehouse and an additional 4,000 SF standalone warehouse built in 2008.
Situated on 1.34 acres, the property features security fencing and a rolling gate for controlled access. Please note: The building has been vandalized, stripped of all electrical, and requires repairs. However, it presents a great opportunity for redevelopment or investment in an industrial space with excellent accessibility.
For more property and auction details, contact Tranzon Asset Advisors today!
Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809
10% Buyer's Premium for Real Estate 10% Deposit of Total Sale Price and other terms apply
Online bidding ends April 23rd at 12:00pm ET
Inspection: April 16th at 10:00am CT
Property Address: 1100 SW 1st Avenue, Amarillo, Texas 79106
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com
#tranzon #auction #onlineauction #realestate #realestateauction
