#103 • 726 10th Avenue South, Great Falls MT 59401 (Cascade County)

Part of Lender Owned Auction of Retail & Industrial Properties in WA & MT (timed auction by Auction Management Corp.)

High bid $1,240,000.00

Status: Sold

Category: Real Estate

Sold for $1,364,000 726 10th Avenue South, Great Falls MT 59401 (Cascade County) 25,000±SF Retail Bldg. on 1.3± Acres Selling Online Only Wednesday, August 16 at 11:00 AM MT Closing Deadline: September 18, 2017 Inspection: Tuesday, August 1 & Monday, August 7 at 11:00 AM MT SHARP Sale Manager: J.K. Kinsey, 406-772-5812,  jk.kinsey@kinseyauction.com   Property Description: Former Hastings Entertainment store, built in 2004, the concrete block with stucco finish structure is fully sprinklered. Zoned GC - General Commercial. The Cascade County parcel number that identifies the subject property is 823800. All utilities available to the site. Two curb cuts from 10th Avenue South access the common parking lot shared with other tenants in the retail center. 76+- marked spaces are on the property to be sold, and another 34+- are on the adjoining tract. Please see Easement and Restriction Agreement regarding parking lot.   An April 2004 Phase 1 Environmental Report revealed no evidence of environmental conditions likely to warrant mitigation.   Inventory list of chattels 2- 24’ metal book/video shelving units 1-20’ metal book/video shelving unit 13-16’ book/video shelving unit (white) 1—20’ book/video shelving w/glass enclosure on one side 1- customer service stand 1-6’ CD Shelving unit w/2 end caps 1-40’ lighted glass front shelving unit 1-12’ lighted glass front shelving unit 2-24’ wire shelving unit 5-square slot racks 4-room spacers 55- boxes of poly video cases 1-44’ wire shelf rack 2-12’ wire shelf rack 1-8’ lighted case 1-16’ wire lighted case 1-customer service center 1-8’ glass front locking case (large) 3-34’ slanted book islands (black metal) 1-18’ wire rack shelving 1-20’ wire rack shelving 1-22’ double sided metal book shelf 1-40’ metal 6 shelf book shelf 1-40’ metal double sided book shelf 1-2 station customer service station 7-300’ double sided metal book shelves 1-32’ metal double sided slanted video holder 1-expresso bar point of sale counter Senso matic Anti theft system 60’ black fencing 1-8’ card rack 3- double check out islands 1-single customer service counter 1-8’ slot boards 3- metal 2 drawer file cabinets cleaning tools Glass front lockers exterior sign lettering   Auction Conducted in Conjunction & Cooperation with: Kinsey Auctioneers & Real Estate, Real Estate License Number RRE-RBS-LIC-32403     This auction features a grouped bid extension - please see details in terms below.   Terms:  Bank Proof of Funds Required to Bid, 10% Buyer’s Premium added to winning bid to determine sale price, 10% Earnest Money Deposit, close by September 12, 2017.  Auctioneer is not responsible for bidding errors caused by internet outages, bid platform failures, or power failures.   All of the properties sell individually as "lots" however they are all tied together by the auction clock. We will set a bid deadline for all of the assets. Once we get within 5 minutes of that bid deadline, any bid placed on Any of the assets will extend All of the assets another 5 minutes. This extension will continue until no bids are placed on any of the assets in a five-minute window.   This feature is in place partially to prevent "sniping" which can occur on online auctions with a hard deadline. It recreates the action of a "Live Auction". If your opponent bids in the waning seconds of the auction, you still get another chance to bid.   With that in mind, don't wait out the bid until the last second, as it can put you at risk for not getting your bid in before the 5-minute clock runs out.