1000 W Whitney Ave, Louisville KY 40215

Stated Reserve Online ONLY Auction. Stated reserve is $40,000 + a 10% Buyer's Premium. Once the bid is reached the format will switch to an absolute auction and sell to the high bidder. This is a single story building currently used as a hair salon. Tenant is closing February 15th and the sellers have decided to offer the property for sale at Auction. Building is improved with 1157 square feet, all maintenance on mechanicals and the building are current. Operates as a 5-chair hair salon with shampoo bowls, w/d hookups and 1/2 bath, and a storage room.TERMS: A 10% buyer's premium will be added to the winning bid to determine the final selling price. Once the stated reserve of $40,000 + 10% BP is met the property will will switch to an absolute auction and sell to the high bidder. 10% down, upon winning bid, balance in 30 days. Taxes prorated. Possession at closing. Property sells as-is to the highest bidder with no contingency on inspections, financing and appraisal. A 2% co-op is being offered to the broker that represents the winning bidder, please register your client, form attached to the listing.Dates: BIDDING OPENS: Wednesday, January 22nd at 5:00 pm.OPEN HOUSE: Monday, February 10th & 17th from 11:00 am to 1:00 pm.BIDDING CLOSES: Sunday, February 23rd at 6:00 pm.