Lot # : 5 - East Jordan Commercial Real Estate

Ending August 16 at 7pm

Dee and Stephen Hawkins have owned and operated Valley Graphics at 107 Water St. in East Jordan for many years. They are now relocating their business and offering the real estate at auction. This property features an approximate 1100 square foot building sitting on a large parcel (2.5 lots). Nearly 100 foot of frontage on busy Water St. and right next to the Mill St. intersection for high traffic, and high visibility. This commercial property is within a Qualified Opportunity Zone which can qualify the buyer to defer tax on eligible gains when investing in a Qualified Opportunity Fund. Located just across the street from East Jordan's beautiful lakeshore which has been significantly improved to allow for an open space and brand new boardwalk. This property has a ton of potential for future development or current retail. Bidding will begin and end on August 16. Bidders must submit an opening bid of just $100,000. A 5% Buyers Premium will be applied to the winning bid to determine the selling price. A 5% Earnest Money Deposit will be collected by Leist Auctioneers at 8am August 17. Buyers will sign a Purchase Agreement at the time of deposit. For questions, contact Leist Auctioneers at 833-323-2BID