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Monday, November 19, 2007

Nevada Building To Be Auctioned November 20th

For those of you who are not familiar with the Nevada Building it is a landmark in Fort Thomas that sits right in the middle of the Midway district next to Fort Thomas Pub.

Here is a link from NKY.com about the building if you need more info. I had a first-hand experience with the building while with a group that rented a portion of the building for a year. It is in a great location and a great location to capitalize on the re-vitalization of the Midway district. The buyer will definitely need to invest some money into improvements on the building but the spaces available in the building are unbeatable.

Info on the Sale:

Tomorrow morning (Tuesday) at 10:00 is the Master Commissioner sale of the Nevada building (1045 S. Fort Thomas Avenue).

The sale will be held at the Newport Courthouse, just inside the doors.

To purchase the building, you will need cash or a check for $500 and a letter of credit from your bank indicating you have the amount of your bid available to use for the purchase. The balance will be due two weeks after the sale.

If you choose to use another bidder instead of showing up personally, that person will also need the $500 plus your letter.

The bid will begin at about $116,666.

4 comments:

  1. Nice artical, Darrin. I am excited about getting this Blog in a lot of people's hands.

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  2. It would have been nice if I had spelled article correctly!! Oops...

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  3. Great idea Darrin, I'll be checking it often!

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  4. Darrin, I'm glad to see this site up & running. Thanks for taking the initiative and getting it done. I hope lots of folks sign up & voice their opinions & wishes.

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