Property Description | |
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Lender directed sale of a large liquor and convenience store with gas, plus an auxiliary office or retail building and 25,110 sf of excess land. Great value-add opportunity. The property is under the control of a receiver and the store is being run by the borrower under a lease that will be extinguished by the foreclosure process. Limited store financial information is available, please call for more information. |
Property Information | |
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Asking Price | Call |
Offering | Liquor and Convenience Store with Gas |
Type | Fee |
Approx. Building Sizes | 3,920 sf C-Store and a 2,290 sf auxiliary office/storage building |
Approx Lot Size | 73,005 sf (approx 25,110 sf excess land) |
Fuel Supply and Brand | Sold without brand or supply |
County | Macoupin |
Broker Information | |
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Contact David Levy at 312-278-6870 or david.levy@nrc.com. NRC Realty & Capital Advisors, LLC, Lic.# 481.010135. |
Important | |
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Lender is selling the foreclosure Certificate of Sale to give the new buyer lead time in obtaining a liquor license for the store. Closing will entail the buyer placing the purchase funds into escrow and then being issued the Selling Officer’s Deed, directly from the Selling Officer, upon completion of the foreclosure process, which is expected to take approximately 60 days from purchase contract execution. Although information has been obtained from sources deemed reliable, NRC Realty & Capital Advisors, LLC, the Seller, and/or its representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Properties without expressed or implied warranty of any kind. Lot and building sizes are approximate. Properties may be withdrawn at any time without notice. |