2350 Hovekamp Road , Paducah, KY 42003 (McCracken County)

Size: 1 Acre

Type: Commercial Property, Homesites

Auction Information

Commercial Property Paducah Kentucky Near Exit 11

Commonwealth Event Center, Paducah, KY

03/06/2025, 10:00 AM

Online Bidding Site

COMMERCIAL PROPERTY PADUCAH KENTUCKY NEAR EXIT 11

Rare Commercial Opportunity!

Take advantage of this exceptional property featuring two large buildings with a combined 6,180 sq ft of versatile space, perfect for automotive, manufacturing, or other commercial ventures. Located just off Exit 11, this property offers unbeatable visibility and accessibility.

Property Highlights:

Spacious Buildings: Two large structures totaling 6,180 sq ft, with overhead doors and ample parking.

Prime Location: Strategically located near Exit 11 for easy access, with high visibility from major roadways.

Versatile Layout: Ideal for a mechanic shop, rental/storage units, or a wide range of other business opportunities.

Energy-Efficient: Equipped with spray foam insulation for year-round comfort and energy savings.

Secure Parking: Plenty of secure parking for both customers and employees.

This property is packed with potential and is ready for your business...

This property is packed with potential and is ready for your business. Whether youre looking to expand or start a new venture, this is a fantastic opportunity to secure a prime commercial location with great income-generating potential.

TERMS AND CONDITIONS

PROCEDURE: The property will be offered in 1 individual tract.

BUYERS PREMIUM: A 10% Buyers Premium will be added to the final bid and included in the deed transaction sale price.

DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashiers 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.

CLOSING: Closing shall take place on or before 30 days from auction date.

REAL ESTATE TAXES: All 2025 ad valorem taxes will be prorated at closing

SURVEY: The property will be sold by the deed.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.