Because Time is Always of the Essence

Because Time is Always of the Essence

Brokerage Land Company Auction- 66 Acres in 9 Tracts

by Sheridan Realty & Auction Co.

When

Jun 01, 2010 - 6:00 PM Eastern

Where

6817 W. Michigan Ave
Jackson, MI

Notes

Sandstone, Spring Arbor & Summit Townships
Jackson County, MI
Commercial Properties
Building Sites
Hunting & Recreactional Land

Information Dates
Saturday, May 8 (10AM-12PM)
Friday, May 14 (4PM-6PM)
On site on Tract 1, 6580 Spring Arbor Road
& Tract 2, 6817 West Michigan Avenue
Walkover inspections are welcomed at any time.

For more information, contact Brokerage Land Company, 800-837-0010.

Also selling office furniture after the real estate. Click on files to view inventory.

Share this Auction

Conducted By

Sheridan Realty & Auction Co.

740 S. Cedar St.
Mason, MI 48854

517.676.9800

http://www.sheridanauctionservice.com

Contact the Auctioneer

740 S. Cedar St.
Mason, MI 48854
517.676.9800

Auction Listing

66 ACRES
Offered in 9 Tracts
Sandstone, Spring Arbor & Summit Townships
Jackson County, MI
Commercial Properties
Building Sites
Hunting & Recreactional Land

AUCTION: Tuesday, June 1 at 6pm
Auction on Tract 2 at 6817 W Michigan Ave, Jackson, MI

Spring Arbor Township

Tract 1  6580 Spring Arbor Rd. 
consists of 2± acres zoned commercial and  improved with a 2,000 SF office building and a 1,100 SF storage building.  Formerly used as a manufactured home sales facility.  The building is very nice  office space with multiple offices, two restrooms and a kitchen.  The improvements are in very good condition.  The land has abundant paved parking. Located with frontage on State Highway M-60 (Spring Arbor Rd.) and King Rd.  Excellent location 1/2 way between Jackson and Spring Arbor with great  accessibility and high traffic counts make this a good property for many uses from  retail to office.  One time opportunity to buy a quality commercial site for much
 less than the cost to replicate.

Sandstone Township

Tract 2  6817 West Michigan Ave. 
(Business I-94) 4 miles west of Jackson (approximately 1/2 way between Jackson and Parma.  This parcel is 3± acres zoned commercial and improved with a 1,800 SF office building that has four offices, three restrooms,  a kitchen and two conference rooms.  The land is fenced and has good paved parking with exterior storage area that is graveled.  Class A highways, close proximity to M-60 and I-94 make this a great site for anyone conducting business in the greater Jackson area or those who need quick access to the highways to connect with Lansing, Ann Arbor, Battle Creek, Kalamazoo, Etc.
Tract 3  5± Acre Commercial Lot
Adjacent to and west of 6817 W. Michigan Avenue.  This site is zoned commercial and is 5± acres in size.  Great opportunity to build that new office or other commercial facility that you need.  500± footage of frontage on W. Michigan Avenue (Business I-94) with quick access to major highways and short drive times to cities in Southern Michigan.
Tract 4  4.2± Acres of Land 
with over 250± feet on frontage on W. Michigan Ave in Sandstone Township.  Great building site with water availability and less than a 1/2 mile from Western School complex.
Tract 5  3.7± Acre Site 
with 390± feet of frontage on W. Michigan Ave. and 400± feet of frontage on S. Dearing Rd.  Great location less than 1/2 mile from Western School complex and with water and sewer at edge of property.
Tract 6  5.3± Acre Site 
with 250± feet of frontage on Dearing Rd.  This site has some pine trees and is very close to the Western School Complex.  The location of water and sewer make this a very attractive site.
Tract 7  4.1± Acre Parcel 
with pine trees located close to the Western School Complex and with sewer and water at hand. 
 
Spring Arbor Township

Tract 8  39± Acres 
of woods, grasslands and farmland with an easement for access from Michigan Ave.  Great hunting and recreation parcel.  

Summit Township

Tract 9  1.7± Acre Site 
with 66± feet frontage on Spring Arbor Road zoned 0-1 and in an area of professional offices.  Great opportunity to buy prime property and location for your price.

Auction Site (Tract 2)
On site at 6817 W. Michigan Ave, Jackson
From the intersection of I-94 and Dearing Road go South on Dearing Road to W. Michigan Avenue and then East on West Michigan Avenue 1/2 mile to the auction location.  Look for The Brokerage Land Co. signs at the entrance.  

 

Information Dates
Saturday, May 8 (10AM-12PM)
Friday, May 14 (4PM-6PM)
On site on Tract 1, 6580 Spring Arbor Road 
& Tract 2, 6817 West Michigan Avenue
Note: Documentation relating to building restrictions  and lot dimensions will be available as handouts at information dates and upon request. 
Walkover inspections are welcomed at any time.

Procedure:  The property will be offered in 9 individual tracts or any combination of tracts 1 through 7.  Tracts 8 and 9 may not be bid in combination.   Bids on tracts and tract combinations may compete, and there will be open bidding on tracts and combinations during the auction.  The final bids, resulting in the highest sale price, will be presented to the Sellers.
Down Payment:  10% down payment on the day of the auction with the balance in cash at closing.  The down payment may be in the form of cash, cashier’s check, personal check or corporate check.  Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
Acceptance Of Bid Prices:  Successful bidder will be required to enter Purchase Agreement at the auction site immediately following the close of the auction.  Final bid price is subject to the Seller’s acceptance or rejection.
Evidence Of Title:  Seller shall provide an Owner’s Title Insurance Policy in the amount of the purchase price.
Deed:  Seller shall provide a Warranty Deed.
Closing:  The balance of the purchase price is due at closing, which will take place as soon as applicable closing documents are completed but no later than June 30, 2010. Seller and Buyer(s) shall share 50:50 in closing cost charged by Title Company.
Possession:  Possession will be given at closing on all tracts, except Tracts 4-8, which are subject to harvest of 2010 crops, which are the property of the tenant. 
Mineral Rights:  Sale shall include all of the mineral, oil and gas rights owned by the Seller.
Real Estate Taxes & Assessments:  Seller shall be responsible for taxes and assessments billed before day of closing and Buyer(s) to be responsible for taxes and assessments billed the day of closing and thereafter.
Land Division Approvals:  Sale of property which  involves newly created parcels, is subject to approval (per Section 108 of Land Division Act) from the Township.  Upon completion of the auction, which will determine any successful combination bids, final surveyed descriptions will be submitted to the Township for their review and approval.
Acreage:  All acreages, dimensions and boundaries are estimations and have been determined based on current survey and legal description.
Easements:  Sale of property is subject to any and all easements of record.
Survey:  At Sellers” option , the Sellers shall provide a new survey for any parcel  where there is no existing legal description or where new boundaries are created by tract divisions.  If a new survey is determined to be necessary the Sellers, the cost of the survey is to be shared 50:50 between Buyer(s) and Sellers.  Any purchase made in combination will receive a perimeter survey only.
Agency:  Brokerage Land Co. and its representatives are Exclusive Agents of the Seller.
Buyer’s Premium: A Buyer’s premium of 10%  of the successful bid will be added to the bid price.  Please take this into consideration when bidding.
Disclaimer & Absence Of Warranties:  All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement.  The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company.  All sketches and dimensions in the brochure are approximate.  Each potential buyer is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property.  The information contained in this brochure is subject to verification by all parties relying on it.  No liability for the accuracy, errors or omissions is assumed by the Seller or the Auction Company.  Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.  The Seller and Selling agents, reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc.  All decisions of the auctioneer are final.
New Data, Corrections & Changes:  Please arrive prior to  scheduled auction time to inspect any changes, corrections or additions to the property information.