Absolute Real Estate & Personal Property Auction In Elba

October 25, 4:00 pm, 2017

Sale Site: 619 Pearl Street, Elba, Nebraska


Two Commercial Buildings On Corner Lot With Living Quarters, Restaurant Equipment, Appliances, Vehicle, Household & Shop Items
Real Estate To Be Sold At 4p.m.

2016 Real Estate Taxes: $769.24

Sq. Ft. of Buildings: 1988 Main, 788 Restaurant, 840 Apartment, 800 Additional Building

Property Information: Main-6’x6’ entrance area, wood laminate floor. 26’x25’ Service front area, wood floor, high tinned ceiling, 4-lighted ceiling fans, 5-wash tub lights, brick sidewalls. 10’6”x33’ Kitchen, addit. subpanel for kitchen/dining, stainless sink, tile floor, 2-220 outlets for electric stoves, propane outlet, double sink, Kenmore dishwasher, commercial hand sink, bar area. 21’x11’ Preparation, storage room, double sink, dishwasher hook-ups, tile floor, shelving. 18’x7’6” Office area, closet, wood floor. 6’x8’ Half bathroom, vinyl floor. Living area- 25’x5’ Utility area, tile floor, 2-50 gallon electric water heaters, utility sink, storage area, washer & dryer hookups, 200 amp & 150 amp breaker boxes. 5’x14’ Home office area, wood floor. 17’x16’ Master bedroom suite with full 8’x9’ bathroom, wood laminate floor, walk-in closet, lighted ceiling fan, wood floor. 21’x11’ Living/Dining, carpet, vinyl tile floor, elevator, basement access, upstairs access. 7’x9’ Back entrance area, concrete floor. 24’x6’ Sunroom, concrete floor, dog door. Upstairs- 22’x32’ 2 Bedroom apartment, partially finished, full bathroom, kitchen. 26’x33’ Upstairs storage area, tin ceiling, Lennox Dimension propane, Lennox Elite propane. 3 Lennox central air units. Lennox Elite Series Furnace in basement, 100 amp breaker box. Private Garden/Yard Area-10’x77’ concrete, yard shed. Additional Building-20’x40’ Storage building. 22’x20’ Carport, rock floor.

Steve Wolf, Broker & Auctioneer

Dani Knott, Jim Wakefield & Jenny Wolf, Sales Associates

Coy Wolf & Von Svoboda, Associate Brokers

Sellers: Roger & Linda Barnes, Owners

Broker Comments: The Barnes’ have closed their restaurant business and are moving, therefore, we are offering their real estate and personal property at absolute auction. The property has the proper flair, decor and presentation for any business or restaurant application. Top-shelf living quarters included and a few rooms to finish to your liking, all to sell at absolute auction.

Announcements: Property information provided was obtained from sources deemed reliable, but the auctioneer makes no guarantees as to its accuracy. To be bought in an as-is condition. All prospective bidders are urged to fully inspect the property, its condition and to rely on their own conclusions. All announcements made day of the auction will take precedence over any previously printed material or oral statements. No warranties of any kind are made except those stated in writing in the purchase agreements and deeds. Bidding increments are at the discretion of the auctioneer. No absentee or telephone bids will be accepted by the auctioneer without prior approval. Owner and auctioneer not responsible for accidents.

Terms: 10% down the day of the sale with balance due at closing on or before November 22, 2017 with possession. Title insurance premium to be divided 50/50 between buyer and seller. 2017 real estate taxes will be prorated to the date of closing. Announcements and verification made by the escrow agent or the agents of sale at the date and time of sale shall supersede any prior advertising. Sale is not contingent on buyer financing. Please call for a private showing.

Agency Clause: Wolf Inc. Auction & Real Estate is acting as agents of the seller, with duty to represent seller’s interest, and will not be an agent of the buyer.

Personal Property

VEHICLE- Chevrolet S10 2.8 liter V6 4sp high miles. APPLIANCES- 40” Frigidaire range, 4 burners, griddle, dual ovens. Castle gas char broiler 24” w/ stand & hose kit. Anets double basket fryer w/ hose kit. GE Profile microwave. 2-Kenmore refrigerators. BUNN coffee maker. Krups coffee pot espresso machine. 2-18 quart roaster ovens. Table top Igloo ice maker. Small crock pot. Rice cooker. 16 quart soup pot w/ lid. RESTAURANT ITEMS- 57x27 3 hole stainless sink. 24x72 stainless work station w/ sliding doors. 3-2’x50” stainless prep tables. Working cart. 2-chafing pans. Large mixing bowls. 2 storage cupboards. Corner desk. Cash register. Neovo 17" computer monitor. 4-cold drink dispensers. Bloomfield coffee pot. 6-coffee carafes. Misc. dishes. Serving trays. Cups. Menu boards. Adjustable hanging sign. 30-stackable chairs. Tables. HOUSEHOLD & SHOP- Older Singer & Greist sewing machines. End tables. Lamps. Heaters. 4- white plastic 5’ folding tables. Misc. tables. Sofa. Lift chair/recliner. Simmons box springs & mattress set. Hand sewn quilts. Vintage typewriter. Wooden stadium seats. Chest of drawers. Chairs. Weslo exercise bike. Pro-Form treadmill. Wheel barrow. Misc. shop items. Round tower kerosene shop heater. Craftsman snow blower. 2-gas weed eaters. Electric hanging heater 240.
Personal Property Terms: Cash or good check day of auction. Photo ID required when registering for a bidder number. Everything sold in an as-is condition. Seller or agent of sale not responsible for accidents. Sherri Soll, lunch.