WILLIAMS & WILLIAMS REAL ESTATE AUCTIONS

Former KeyBank Location

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Auction Info
Auction Date/Time:
Tuesday, July 26, 2016
at 10:00am EDT
Auction Location:
On-Site or bid live from anywhere at auctionnetwork.com
Open Public Inspections:
11-2pm Friday July 8, 15 and 2 hours prior to auction.
Nominal Opening Bid:
$50,000

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Square footage & lot size per county records. NY Broker: Dean C. Williams Re Lic 32WI0834875 Williams & Williams Re Lic 109911428

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Buyer pays a $199 Technology Fee at closing. Please see Terms of Sale for details.

Property Type:
Office/Retail
Square Footage:
28,556+/- sf
Lot Size:
0.15+/- ac
Year Built:
1920
Property ID:
344743
Live On Location
202 N Main
Jamestown, NY 14701
Opening Bid:$50,000
Property Type:Office/Retail
Description:28,556+/- sf | 0.15+/- ac
Bidding Closed
Auctioned
202 North Main, Jamestown, NY 14701

28,556+/- sf former KeyBank building. Partially occupied. Built 1920 on approx 0.15ac corner lot.


Submit a Pre-Auction Offer

Questions?

Contact Customer Service at 800.801.8003

Live On Location
202 N Main
Jamestown, NY 14701
Opening Bid:$50,000
Property Type:Office/Retail
Description:28,556+/- sf | 0.15+/- ac
Bidding Closed
Auctioned

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Square footage & lot size per county records.

NY Broker: Dean C. Williams Re Lic 32WI0834875 Williams & Williams Re Lic 109911428

Auction Date/Time:
Tuesday, July 26, 2016
at 10:00am EDT
Auction Location:
On-Site or bid live from anywhere at auctionnetwork.com
Open Public Inspections:
11-2pm Friday July 8, 15 and 2 hours prior to auction.
Nominal Opening Bid:
$50,000

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Buyer pays a $199 Technology Fee at closing. Please see Terms of Sale for details.

Property Type:
Office/Retail
Bedrooms:
N/A
Bathrooms:
N/A
Square Footage:
28,556+/- sf
Lot Size:
0.15+/- ac
Year Built:
1920
Property ID:
344743
202 North Main, Jamestown, NY 14701

28,556+/- sf former KeyBank building. Partially occupied. Built 1920 on approx 0.15ac corner lot.


Submit a Pre-Auction Offer

Questions?

Contact Customer Service at 800.801.8003

Terms of Sale:

Registration at the auction confirms your agreement to the terms and conditions of sale as stated in the Contract for Sale and its Addenda (the 'Contract') which are incorporated by reference into your bidding. DO NOT BID unless you have registered, received a Bidder's Card and Auction Day Notes and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.  High Bidder will be required to pay a Williams & Williams Technology Fee of $199 at closing.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

A Buyer's Premium of 5% ($1,500 minimum) will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Each high bidder must make a 10% non-refundable deposit per property ($2,500 MINIMUM - whichever is greater) immediately following auction. Cash, cashier's checks, personal checks and business checks (electronically processed) are accepted. If you are a resident / citizen of a country outside of the US, certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing. The balance of the purchase price, all closing costs and technology fee are due at closing. Closing costs generally total approximately $1,500 and include title exam, title policy, closing fee, filing costs and any other fees noted.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All auctions are subject to court or seller approval. Most sales are approved within 14 days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of Williams & Williams and Seller's disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

Disclosures:
• Deed Restriction Disclosure. Buyer understands that Seller will convey a warranty deed to the Property that includes use restrictions. Buyer acknowledges receipt of deed restriction document titled 'Declaration of Restrictions' and agrees to accept the conveyance document that includes the terms, conditions and restrictions set forth therein.

• Partially Occupied Property w/Lease Agreement Disclosure. Buyer acknowledges and understands that property herein is partially occupied. Buyer acknowledges receipt of current lease agreements and agrees to be bound by same. Neither Seller nor Williams & Williams have any information regarding any tenant's security deposit associated with said lease agreements. Upon expiration of current lease agreements Buyer accepts responsibility for eviction, lease or rental negotiation, or other remediation, as Buyer finds necessary in order to clarify legal occupancy status. Buyer agrees to hold Seller, Williams & Williams, and its agents harmless from any and all results therein.

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Fontana Fitzwilson
Fontana Fitzwilson
Executive Vice President, Sales
PHONE
Selling your property? Find out if auction works for you.
Call 800.801.8003.
Selling your property? Find out if auction works for you.
Call 800.801.8003.