315 Northwest 11th Avenue , Chiefland, FL 32626(Levy County)

UTILITIES: Property has public water and sewer plus heavy duty 3 phase power service provided by Central Florida Electric Cooperative. City of Chiefland garbage pick-up. Natural gas available.

BUILDING 1: 2,300 square foot office building on a concrete slab built in 1983. Block and stucco exterior and shingle roof. It has a 540 SF drive-through canopy. Central heat and HVAC. The interior has carpet floors, drywall and panel walls, and ceiling tile. Current use is an office building.

BUILDING 2: 3,600 square foot shop and apartment on a concrete slab built in 1975. Block and stucco exterior and shingle roof. Central heat and HVAC. 900 SF apartment and 2,400 SF upholstery shop. The interior has carpet floors, drywall and panel walls, and ceiling tile. Current use is a workshop and apartment.

BUILDING 3: 3,496 square foot metal industrial building on concrete slab built in 1975. Metal roof and metal exterior. It has 196 SF of office space. It has a 3,496 SF canopy, exhaust fans, 14 x 14 roll up doors, drive through capability, 16 peak ceiling height, and a boat lift. Current use is a metal shop.

BUILDING 4: 25,875 square foot metal industrial building on a concrete slab built in1970 with steel beams. Expanded and renovated in 2020. Metal roof and exterior. It has 2,418 SF of two-story office space, 3,624 SF side canopy, exhaust fans, sprinkler system, fully piped for air tools, air compressor, air dryer, 14 x 14 roll up doors, drive through capability, 16 peak ceiling height. Natural gas heat. Current use is a boat shop.

SITE: The 5-acre site has approximately two acres of asphalt and concrete paving, a concrete loading dock, and chain link fencing around the entire site. Located in a Non-Special Flood Hazard Area of minimal flood hazard and above the 500-year flood level according to FEMA flood map. This area is a low to moderate risk flood zone that is not in any immediate danger from flooding caused by overflowing rivers or hard rains.

OFFERING MEMORANDUM: Download OFFERING MEMORANDUM for more information. OFFERING MEMORANDUM has maps, complete terms and conditions, sample contract, tax card, zoning info., phase 1 environmental report, survey, title commitment, inspections on office buildings, and copy of the deed.

SOFT CLOSE: If a bid is received within the last 2 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates snipers and encourages fair and impartial bidding from all participants.

BUYERS PREMIUM TEN PERCENT (10%): Buyers Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyers Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyers premium = total purchase price of $110,000). Buyers Premium is not due until closing.

PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that an offer has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for sellers acceptance. A Broker Fee of 1.5% (of the High Bid Price) is offered to a cooperating FL State Licensed Real Estate Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidders Agreement, maps, sample contracts, and property information.

TERMS AND CONDITIONS: 10% Buyers Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit / Non-Refundable Down Payment of $50,000 is required on day of sale. Close on or before July 7th, 2025. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on June 4th, 2025. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Offering Memorandum and/or Pre-Auction offers received. Download Offering Memorandum for complete terms and conditions, purchase contract and maps.