Sugar Creek Commercial Real Estate
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Closed |
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This auction has closed
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Type: |
Internet-only (timed) auction
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By: |
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Web |
At: |
11222 & 11224 E. Independence Ave., Sugar Creek, Missouri, 64054. USA. tel: 660-388-6235
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Started:
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28th Nov, 2020 …
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Ended: |
15th Dec, 2020 … |
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Missouri Auctions |
This is an Online Only Real Estate Auction! In 2018 the current owners paid $1.7M for the 10,000 sf new construction on 1.6 acres. Their lease was $14k/mo, then the north (back) part of the property caved in, causing the city of Sugar Creek to close the store. The city of Sugar Creek has expressed a strong desire to get the geological remediation completed and get this piece of prime commercial real estate viable again. The real estate is being sold with all improvements and attachments, including like-new walk-in cooler, display freezers, shelving and displays, check-out counters, and full inventory. Sugar Creek building manager calls for a Geotechnical Report, followed by remediation. The current owners arent capable of carrying out this major undertaking, which means that the next owner of the property could be in an exceptional position equity-wise. Prospective buyers should consult Ed Cary of Sugar Creek Building department: 816-252-4400 ext. 1122.