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Type Online-Only Auction
Price Realized Price Realized Not Uploaded
Date Sold 4/29/2020


Lot # 1
Group - Category Real Estate - Commercial
Lead Brick Office, 2600 SF, Garage, Commercial Building
Description
Reserve is $99,600.00 Great office space on almost 1/3 of an acre. Just needs a little TLC in order to turn it into what you need! The Auction will take place ONLINE on April 29, 2020 at 11:00am Bid Online at www.primetimeauctions.com. Property is being sold contingency free and the purchase is not conditional upon obtaining financing or inspection. If the reserve is met the winning bidder will be emailed the contract for signature. Once the buyer and seller have both signed, we will submit to Pioneer Title to start the Title/Closing process. If the reserve is not met, the highest and best offer only will be submitted to City Council. City Council has the right to accept, reject or submit a counter offer to contract. Terms are as follows: 1) Property to be sold "AS IS WHERE IS" with all its benefits and all its faults. No warranty expressed or implied. 2) Sale is contingency free. 3) Purchase is not conditional upon obtaining financing or inspection. 4) Property will be sold free and clear of all liens and encumberances. 5) Seller will provide Title Insurance and Pay seller portion of closing costs. 6) Closing shall be within 60 days of signed contract with Pioneer Title Company. 7) Earnest money of $5,000 will be required day of sale and is non refundable. 8) Final Bid Price at the end of the Auction will determine the Contract price. 9) The minimum dollar value set on each separate property is the opening bid price set by the Seller. 10) The City of Pocatello is the seller on all properties therefore there is no tax information available. 11) No Buyers Premium will be charged on the real estate. Any and all auction related questions can be directed to Staci at 208-221-5409 or Tanner at 208-221-9285. Location: 1428 N 3rd, Pocatello ID
Name City Real Estate
Auctioneer Prime Time Auctions
Type Online-Only Auction
Date(s) 4/29/2020
April 29, 2020 at 11:00am MST.
Preview Date/Time Call to Set Up a Preview Time
Location 1121 South 2nd Avenue
Pocatello, ID 83201
Buyer Premium No Buyers Premium
Description
Thank you for participating in the City of Pocatello's Surplus Real Estate ONLINE Auction. Due to Govenor Little's COVID Stay at Home Order all participants will need to bid online. We are happy to help you register online and walk you through the process. If the reserve price has not been met than we will take the highest and best offer, with a signed written contract, to the City Council for the Acceptance, Rejection or Counter Offer. If you have any questions, please give us a call.
Auction Terms & Conditions Terms are as follows: 1) Property to be sold "AS IS WHERE IS" with all its benefits and all its faults. No warranty expressed or implied. 2) Sale is contingency free. 3) Purchase is not conditional upon obtaining financing or inspection. 4) Property will be sold free and clear of all liens and encumberances. 5) Seller will provide Title Insurance and Pay seller portion of closing costs. 6) Closing shall be within 60 days of signed contract with Pioneer Title Company. 7) Earnest money of $5,000 will be required day of sale and is non refundable. 8) Final Bid Price at the end of the Auction will determine the Contract price. 9) The minimum dollar value set on each separate property is the opening bid price set by the Seller. 10) The City of Pocatello is the seller on all properties therefore there is no tax information available. 11) No Buyers Premium will be charged on the real estate. Any and all auction related questions can be directed to Prime Time Auctions at 208-232-4912 Any real estate specific questions can be directed to Staci at (208)221-5409 --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 22.50 2.50 USD
22.51 - 95.00 5.00 USD
95.01 - 240.00 10.00 USD
240.01 - 475.00 25.00 USD
475.01 - 950.00 50.00 USD
950.01 - 50,000.00 500.00 USD
50,000.01 - 100,000.00 1,000.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium No Buyers Premium
Payment Terms
Will be arranged after auction