Auction Information
Auctioneer Beckort Auctions, LLC (812)738-9476
Auction Date Sep 17 Auction
Location
1335 Highway 64 NE
New Salisbury, IN
Time 04:00PM
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AuctionZip Auctioneer ID# 6017

 COMMERCIAL REAL ESTATE AUCTION

SCHMIDT CABINET COMPANY

190,000+ SF MFG FACILITY & SHOWROOM

10.7 +/- AC WITH SEWERS

ONLINE ONLY-BIDDING ENDS SEPT 17

ADDRESS: 1335 Highway 64 NE, New Salisbury, IN

Located just 30 min from Louisville or 5 miles from I-64 Exit #105!

REAL ESTATE INFO: This manufacturing facility sits on 10.7+/- acres, just 5 miles from I-64 Exit #105 Harrison County. Includes two entrances on Hwy 64, 81’ on west entrance & 90’ on east entrance. Additional employee/truck parking on east side of plant. NOTE: due to multiple entrances, building divisions, & site layout-site, property is well suited for a multi-use/business facility. Lots of square footage and lots of potential!

SHOWROOM/OFFICE BUILDING: Includes a modern 1989 brick 2-story building with 6200 +/- SF. Building has been used as main office on the first floor and cabinet showroom on second floor. Great building with open floor plans, restrooms, & multiple entrances/exits.

PLANT/WAREHOUSE INFO: Includes 185,000 +/- SF of commercial building. All buildings are single story except most recent built building in 1977, located on southeast corner. Includes several loading docks throughout property, truck height and ground height. Plant is divided into five large sections that can be shut off from remainder, if desired.

ADDITIONAL ACREAGE: An additional 32 +/- acres will be offered to buyer.

RECENT BUILDING HISTORY: Plant in production until Feb 22 2019; all equipment removed June 2019; plant cleaned out July 2019; plant monitored daily

OPENING BID AMOUNT: $200,000; NOTE-this amount is the stated reserve!

APPRAISAL: Conducted by Mills, Biggs, Haire, & Reisert Inc in March of 2018 for $3,550,000

INSPECTION/OPEN HOUSE: Thurs. Sept. 5 12-1PM

UTILITY PROVIDERS: Electric-Harrison REMC; Water-Ramsey Water Co; Natural Gas-available; Sewer-on site

SURVEY INFO:  Survey available, completed 10-2018.

POSSESSION/CLOSING INFO: Possession at closing. Buyer to pay all closing fees except deed prep.

REFERENCE POINTS: 5 miles north of I-64 Exit #105 interchange; 16 miles west of New Albany; 21 miles west of Louisville

LEGAL DESCRIPTION: 006-01342-00 PT NE1/4 29-2-4; 9.309 AC

TAXES:  $4518.72/per installment.

PARCEL ID:  31-06-29-127-003.000-011

DIRECTIONS: From Corydon, north on IN-135, left on Hwy-64 0.3 miles to site.

OWNER: Schmidt Cabinet Co., Inc.




Auctioneer License Information: 19800105

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