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Bankruptcy Auction – New Industrial Development AUCTION
Description:

Bankruptcy Auction – New Industrial Development

• Premier, Partially Completed (existing structures), State-of-the-Art Industrial Complex on 34 acres
• Tremendous Location off I-69 with Access to over 60% of USA Population in 24 Hours or Less
• 87,394 gross sq. ft. in Four Flexible-Use Buildings – High Eve Heights – Electric Sub-Station Adjacent
• Clear Span Ceilings Range from 30’ to 45’ – Shipping & Drive-thru Access from 12’ to 20’
• Suitable for Manufacturing, Logistics, Agriculture, Transfer and Warehousing
• Single or Multi-Tenant Flexibility or Expand on Prepped Site for Owner-User & Leasehold
• Custom Design-Build Tilt-Wall Exterior w/Reinforced Concrete – High Energy Efficiency Rating
• Significant Utility Service to the Buildings & Site – 24” Natural Gas Spur Line, 440/3 Phase Electric, Municipal Sewer & Water Service
• Appraised As-Is – 2020 for over $12,000,000 – Land Alone $1.2 million
• Site Prepped for Expansion of Additional Six Buildings plus Parking, Transportation & Encircling Access Roadway, Trucking Hold Area and Additional Features
• Drive-In/Grade Level Doors: 24 | Dock High Doors: 2
• Millions in Improvements Already Invested in Site – Instant Equity & Finish to Suit
• Clear Title Guaranteed by U.S. Bankruptcy Court Order
• Access to 2 roadways – US 45 North & Ky 1276 – Only 30 seconds to Interstate 69
• Strong Right-to-Work Labor Market, Barge/River Shipping Nearby, Economic Incentives Available
• Approx. 2 hrs to Nashville, 2.5 hrs Memphis, 3.24 hrs Louisville
• No Minimums – No Reserves – Selling to Highest/Best Bidder per U.S. Bankruptcy Court Ordered Sale
• Qualified Sealed Bids Due January 24, 2024
• Sale Process Approved per U.S. Bankruptcy Court – Western District of Kentucky Case No. 23-50409-acs

Qualified Sealed Bids are due by January 24, 2024 at 4:00 pm CST. If there are multiple bids submitted, a live auction will occur on January 31, 2024 at WK&T Tech Park, 100 WK&T Technology Park, Bldg. 800, Mayfield, KY 42066, and (b) via a virtual platform, such as Zoom or GoToMeeting. Please deliver your Qualified Sealed Bids to: Tranzon Tranzon Asset Advisors, 1108A North Dixie Avenue, Elizabethtown, Kentucky 42701 or contact Kelly Toney at 888-791-7307 ext. 808 or [email protected] .


Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734
U.S. Bankruptcy Court for the Western District of Kentucky Paducah Division Estate of the Industrial Authority of Mayfield-Graves County
Chapter 11 – WDKY- Case No. 23-50409-acs
Please read the Court Order for the terms of the sale.


Qualified Sealed Bids are due by January 24th at 4:00 pm CT

Property Address: 3155 Route 45 North, Mayfield, KY 42066

City:
Mayfield
State:
Kentucky
Country:
United States
Email:
Contact Seller
Phone:
2707690284
Photos:
Online Auction – Prime Class A Commercial Condos – Near Rupp AUCTION
Description:

Online Auction – Prime Class A Commercial Condos – Near Rupp Arena

Exclusive Downtown Location in the Booming Historic Old Tarr Distillery District!
Premier Location just a 4-minute walk to Rupp Arena and Everything Vibrant Downtown Lexington has to Offer!
Incredible Location!! Neighboring Landmark Properties include The Manchester Hotel & Manchester Music Hall Concert Venue!
Lexington’s Towne Branch Park ($39M Construction) will be only 100 yards away!
Check out this Amazing New Downtown Venue on your Doorstep! www.townbranchpark.org
Fantastic Location for the Coolest New Brewery – Boutique Distillery – Brew Pub Restaurant-Nightspot - Gallery or Fabulous Entertainment Venue!!
Currently Operating as Premier Private Event & Catering Center & Speak-Easy Lounge, with one of the Largest Commercial Kitchens & CBD Production in Central Kentucky
Luxuriously Appointed Interiors with Refined Lighting, Themed Ballroom, Two Full-Service Bars, Private Rooms and Open Floor Plan creates Flexibility for Variety of Uses.
Multiple Access Points are Perfectly Suited for Multiple Tenants or Owner-User and Tenants in this Voguish Open Designed Location – Buy One Unit or Both!
Ownership of Both Suites entitles Purchaser to Retain 51% Control of Condominium Shares
Opening Soon Mexican Themed La Mazunte Bodega and La Brasa Right Next Door!
Zoning is I-1 (Light Industrial) with Commercial, Light Manufacturing, Business & Other Uses Permitted
Exceptionally Large Commercial Kitchen with Ability to Convert Space for Manufacturing, Hospitality or Commercial Functions
Appraised for $3,450,000 in November 2023 – Appraisal Available w/signed NDA
Owners Retiring from Event Center & Catering Business – Equipment Package Offered Separately
Each Unit Will Be Offered Individually and in Combination of Both Units
Square Footage: Unit 110 (10,970 +/-), Unit 190 (10,865 +/-), Total (21,835 +/-) – per recorded plat
Title Commitment Available – Selling Free and Clear – Clear Title Guaranteed
Survey, Appraisal, Environmental Site Assessment & Condominium Docs available
Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed
Brokers Protected & Buyer Agents Welcome – 2% Buyer Agent Fee Offered

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734
10% Buyers Premium and other terms apply
Online bidding end April 17th at 3:00 pm
Inspection: March 27th & April 1st at 12:00 pm ET
Property Address: 903 Manchester Street, Unit 110 & 190 Lexington, KY 40508
Contact Kelly Toney at 888-791-7307 ext. 808 or [email protected]


#tranzon #auction #onlineauction #realestate #realestateauction

City:
Lexington
State:
Kentucky
Country:
United States
Email:
Contact Seller
Phone:
12707690284
Photos:
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