Historic Commercial Building
Downtown Sedalia, Missouri
Selling On Our
UNRESERVED ONLINE AUCTION
December 14, 2023
Bidding opens November 30, 2023, and ends December 14, 2023, at 1:00 p.m. CST
Description: Don’t miss out on this unique opportunity to own a slice of Sedalia history! You are bidding to own the building at the corner of Ohio and Main St. This is prime commercial space that offers multiple addresses to host multiple businesses. The upstairs used to be a hotel with 9 rooms which offers its own entrance. This property is close in proximity to the railroad, downtown shopping, and highway access - don't miss your chance to own history! Be sure to register and bid at www.bigiron.com
NOTICE TO BUYERS, Please see the Code Violations at the bottom under additional resources
The bidding increments will be $1,000. The final sale price will be the highest bid. Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Best Western
3120 S Limit Ave.
Sedalia, MO 65301
BigIron Realty Agents will be at the Best Western in Sedalia, MO, on December 14, 2023,from 9 a.m. CST until the conclusion of the online auction. Please come during the times scheduled to discuss the property. BigIron Realty Representatives will assist buyers with registering to bid online. You do not have to be present to bid online, but you must be available by phone.
BIDDING PROCESS: You may place bids on this building for 14 days beginning November 30, 2023, and ending December 14, 2023, at 1:00 p.m. This online auction features bidding extensions. The closing time will automatically extend when the property receives a bid in the last 5 minutes and close when there is no bid for 5 minutes. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours before the auction closes or call 800-887-8625 for assistance.
Legal Description: 24'E ½ LOT 5 BLK 36 ORIGINAL PLAT ADD
2023 Estimated Taxes: $489.93
Address: 100 South Ohio, Sedalia, MO 65301
Location: Head east on Highway 50 towards Ohio Street, then north on Ohio for 0.4 miles. The property will be on the left side of the street.
Title Services: Landmann Title Company
Terms: The successful buyer must enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to Landmann Title Company. The closing will be set on or before January 12, 2024. Possession of the property will be at closing. The earnest deposit can be made by a personal check, company check, or wire transfer, with the balance due at closing. The seller will provide a marketable title to the buyer, evidenced by title insurance. The buyer will be responsible for all other closing costs. The 2023 taxes will be paid by the seller and the 2024 real estate taxes will be paid by the buyer. The property will not be sold subject to financing. Please have all financial arrangements made before the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any other terms, whether verbal, written, expressed, or implied and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.
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