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Terms and Conditions

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Moberly, MO 65270

Date(s)

10/13/2024 - 10/28/2024

AUCTIONEER INFORMATION

RG Mongler Real Estate and Auctions

660-998-4688

Catalog

Bidding Notice:

Thank you for bidding!

Information

Lot #	1
Group - Category	Real Estate - Commercial Properties
Lead	Terms and Conditions
Description	The winning bidder of the Commercial Property at 416 W Reed Moblery, MO will enter into a real estate contract with RG Mongler Real Estate and the Seller Trust within 24 hours of the end of the bidding. 10% down will be due at signing with certified funds due to Town & Country Abstract of Moberly, MO, by Wednesday, October 30th, 2024 or by other agreement. Closing on or before 11/29/24.

Auction Information

Name	416 W Reed Former Grand Theatre and JCPenny
Auctioneer	RG Mongler Real Estate and Auctions
Type	Online-Only Auction
Date(s)	10/13/2024 - 10/28/2024
Auction Date/Time Info	October 11-28th, 2024
Preview Date/Time	By appointment only
Checkout Date/Time	The winning bidder of the Commercial Property at 416 W Reed Moblery, MO will enter into a real estate contract with RG Mongler Real Estate and the Seller Trust within 24 hours of the end of the bidding. 10% down will be due at signing with certified funds due to Town & Country Abstract of Moberly, MO, by Wednesday, October 30th, 2024 or by other agreement. Closing on or before 11/29/24.
Location	416 W Reed Moberly, MO 65270
Buyer Premium	6% Buyer's Premium
Description	Former Grand Theater of Moberly. This property has office space on one side and retail space on the other. It could be converted into an event space, more office, retail, etc, with over 16,000 sq ft of space available. Full basement for easy access. Viewing is by appointment only, and broker participation is encouraged.

Terms and Conditions

Please read the terms below and understand that by registering and bidding on this auction you are aware of the pickup dates, payment methods, and instructions given for certain lots. The winning bidder of the Commercial Property at 416 W Reed Moblery, MO will enter into a real estate contract with RG Mongler Real Estate and the Seller Trust within 24 hours of the end of the bidding. 10% down will be due at signing with certified funds due to Town & Country Abstract of Moberly, MO, by Wednesday, October 30th, 2024 or by other agreement. Closing on or before 11/29/24.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 95.00	5.00 USD
95.01 - 975.00	25.00 USD
975.01 - 10,000.00	500.00 USD
10,000.01 - 97,500.00	2,500.00 USD
97,500.01 - 9,999,999.99	10,000.00 USD

Payment Information

Currency	USD
Buyer Premium	6% Buyer's Premium
Payment Terms	The winning bidder of the Commercial Property at 416 W Reed Moblery, MO will enter into a real estate contract with RG Mongler Real Estate and the Seller Trust within 24 hours of the end of the bidding. 10% down will be due at signing with certified funds due to Town & Country Abstract of Moberly, MO, by Wednesday, October 30th, 2024 or by other agreement. Closing on or before 11/29/24.

Shipping / Pick Up

The winning bidder of the Commercial Property at 416 W Reed Moblery, MO will enter into a real estate contract with RG Mongler Real Estate and the Seller Trust within 24 hours of the end of the bidding. 10% down will be due at signing with certified funds due to Town & Country Abstract of Moberly, MO, by Wednesday, October 30th, 2024 or by other agreement. Closing on or before 11/29/24.

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