Commercial Real Estate

AUCTION

Begins to End Wednesday December 4th 2019 @ 7:00 PM

ONLINE ONLY

Former Wine Trail Antique Store in Cobden
201 S. Jefferson St. Cobden, IL. 62920

 

A large brick building with grass and trees

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Online Bidding

 

• Located just off the Wine Trail in Cobden, IL.
• Located in the business district.
• Approximately 1.5 miles from intersection of Highway 51.


This property has business possibilities including; retail & automotive. Also available as conditioned warehouse or storage use.

 

PROPERTY OVERVIEW
This store is located behind Dollar General offering a convenient shopping option. It has a proximity to workplaces and services. The subject property is a 2,280 square foot building. Of that square footage 480 Sq. Ft contains a sink w/cabinet plus a ¾ bath this space could be a nice office or even converted into an apartment. There is an insulated garage in the back of the building plus a 12’x30’ front deck.  
LOCATION OVERVIEW
Cobden is a diverse community located along the Southern Illinois Wine Trail.  The town offers a mix of recreation and services to support the region. Unique Restaurants, retail trade, orchards, wineries, and a cidery are the primary industries. Old Highway 51 runs through Cobden and is a popular scenic route.

 

SITE DESCRIPTION
Number of Stories ............................................................One
Year Built..........................................................................
Gross Leasable Area (GLA) .....................................2,280 SF
Lot Size ..........................................±99’ x 148.5’

Topography ..................................................................... Level & Sloping


CONSTRUCTION
Foundation .......................................................Concrete Slab
Exterior .............................................................. Metal

Parking Surface...........................................................Gravel
Roof.................................................................................... Asphalt Shingle

 

Heating & Cooling: Coleman Echelon 9.S Series Gas Heat (2008) & Central Air

Real Estate Terms: Successful bidder or bidders will be required to enter into a written contract and deposit $7,500.00 earnest money on auction ending day.  Balance due on or before Febuary 1, 2020.  Deed and title insurance will be provided by seller.  Possession will be given on date of closing.  A five (5) percent buyer’s premium will apply to the high bid to establish the contract price.  Make your financial arrangements prior to auction. Potential buyers may make any inspections prior to auction.

 

Online Bidding Available!

 

 

www.ollisauction.com

 

 400 New Hope Road Buncombe, IL 62912

(618) 833-2227 Toll Free 800-272-9791

Joe Ollis Auction Service, LLC IL License # 444.000380

Information Herein Believed to Be Accurate but Not Warranted

 

 

 

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