Fair View Corners Commercial Real Estate, Liquor License, and Beer/Wine License Absolute Auction
Started 5/14/2018 12:00 PM
Ends 6/20/2018 1:00 PM
Fair View Corners Convenience Store
Commercial Real Estate Absolute Auction
1885 Dansville Road (M-36) , Mason, MI 48854
Michigan Liquor License (SDD)
Beer & Wine License (SDM)
ONLINE ONLY BIDDING
Bidding Starts May 15 and Closes on June 20 at 1 PM
Open House & Inspection: Thursday, June 7 (3 - 6 PM)
This former convenience store, carryout, and deli sits on a 1.6 +/- acre parcel at the intersection of Dansville Road and Dexter Trail just beyond the Ingham County Fairgrounds. The property is zoned Commercial - Improved. The building is 3,840 Sq.Ft. and features a large 23' x 12' walk-in cooler that was used to store and display the beverages. The building is concrete block with steel sub-frame. A security camera system is included with the property.
None of the equipment or product shown in the photos are included in this auction. This will be listed in a separate online only auction soon.
This auction will be online only. All registrations and bidding must be submitted online. The auction will close at 1 PM on the final day unless someone bids in the final minutes. If that happens the auction will extend until no more bids are submitted in the final 10 minutes. There will be a 10% Buyer's Premium added to the final high bids. The real property, the Liquor License, and the Beer & Wine License will be offered in a multiple parcel "multi-par" format. You will be able to bid on the real estate or the licenses individually or in any combination. The combination of bids that results in the highest amount will be the final winner. If the real estate and licenses sell separately, the licenses can be transferred to any other location as allowed by local and state law. The high bidder on the licenses will have 24 hours to sign the purchase agreement and submit payment in full to the auction company. The high bidder for the real estate will have 24 hours to sign the purchase agreement and submit a non-refundable $25,000 earnest money deposit to the auction company. Closing for the real estate will be within 45 days. Full listing of Terms and Conditions will be posted on the online bidding page.
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