This property is the Old American Legion Building located at 211 North Main Street USA in Marceline, MO. The building consists of 1,575 sq. ft. on the main level with a full walk-out basement. There have been extensive upgrades to the plumbing, the electric, and the HVAC system. The building has a 2-year-old roof with 8 years left on the warranty. The Property will sell “As Is”. The lot is approximately 25×130.
REAL ESTATE TERMS and CONDITIONS: 10 (Ten) percent of purchase price to be paid into escrow on the day of auction. Linn County Abstract will be the escrow agent. Buyer must be preapproved by their lender and have a pre-approval letter from Bank to present to Gratz Real Estate & Auctioneering on day of auction. Buyer must sign a sales contract prepared by legal counsel. Closing will be held on or before December 28, 2021. The cost of the title insurance will be split equally between the buyer and seller. Taxes will be pro-rated at closing. Owner agrees to give possession and clear title at closing. Announcements at Auction take precedence over all printed matter. Owner reserves the right to approve the final bid. (For an appointment to view the property prior to auction, call Bill Gratz at 573-690-0477 or Logan Gratz at 573-690-0296.) Auctioneers are licensed in Cole County, Missouri.