When:

Thursday, April 17th, 2008 - 10:00 AM

Where:

Property in Tulsa County

The Westerly 122.00 feet of Lot Seven (7), Block One (1), RAM PLAZA, an Addition to the City of Owasso, Tulsa County, State of Oklahoma, according to the recorded Plat thereof .

• Plat Map - Click HERE

• Hadley Assessor's Map- Click HERE

What:

Commercial Building: 

• Metal stud construction with a full brick veneer with drywall for partitions. 

• Clear span manufactured steel building with an insulated metal roof. 

• An interior drop ceiling allows for easy movement of wiring, lighting and ducting. 

• There are a total of 4 restrooms, one of which has a shower.  All appear to be handicap accessible. 

• There are five (5) roof mounted a/c units.

• Heating is provided by natural gas.

• A roof top exhaust system is joined with a commercial ventilation hood in the existing restaurant space. 

• The building is presently configured for three (3) tenants.  It can be re-configured for up to four (4) tenants. 

• Concrete paving provides for ease of care exterior maintenance and parking.

• A drive up window for food service is located on the West end of the building.

Utility service providers are:

1.      Water & Sewer: City of Owasso

2.      Electric: Public Service Co. of Oklahoma, division of AEP

3.      Natural Gas: Oklahoma Natural Gas Co., (ONG)

4.      Telephone: Southwestern Bell Tel Co, Cox Communications, etc.

Courthouse Records Indicate

• 5,151 square foot building
• 13,725 square foot lot
• Construction in 1998
• Zoned CS

• Property sells as is. Prospective Buyers / Bidders may have inspections completed at their expense prior to the auction date. You will need to contact the auction company to schedule times for inspections.
• Copies of Tenant Estoppel Certificates, Lease documents, Tax information and other data will be available for review at our office by scheduled appointment prior to the auction date. These items will also be available for review from 9:00 AM to 10:00AM at the auction site on Thursday, April 17, 2008

• City of Owasso Business Development

• Owasso Commercial Zoning Information for CS - Click HERE

Terms:

- Final bid subject to confirmation by Seller -

Payment terms:

• Offered by Hadley Properties L. L.C., Seller. 

• Offered “as is” for CASH

• High bidder will be required to provide escrow (earnest money) of $25,000.00 the day of the auction.

• Title insurance commitment is available. 

• Balance due at closing on or before April 29, 2008. 

Viewing Property:

• Shown by appointment only.
• To arrange property showing contact Al Inglima, Broker.

Potential bidders are ENCOURAGED to inspect property and rely upon your own inspections and opinions in reaching conclusions when considering or making plans to purchase real estate. Information provided is believed to be from reliable sources. 

Inglima's Auction and Appraisal Co., and or the seller make no warranty or representations as to the accuracy of information provided by other sources.