Live Outcry Real - Estate Real Estate Auction
Designs Inc Fabric & Gifts /
Design Jeannie
Wednesday, September 12  @ 6 pm
Appox 1 mile East of the Tok cut-off intersection
Mile 1313.5 Alaska Highway, Tok
Lot 89, T18NR13E, Copper River Meridian & Lot 2, US Survey 2787
The property consists of 1.82 acres of unzoned, untaxed land with retail/residential building containing approx. 5704 SF, Gift Shop, sewing Room, Offices & Residence.  There is also a work shop garage building containing approx 2000 SF
The business is surrounded by hotels and restaurants which gives this business/real-estate great visibility.
Electricity & telephone service is available.  Water & sewer is provided by private well & septic
Total building SF is approx 5704 and lost size 79270SF (1.82 acres)
Preview & Open House Monday, Tuesday, Wednesday
September 10, 11, & 12   from  2 - 5pm.            
Auction to be held at Mile 1313.5 Alaska Highway, Tok,  live online and  at
Alaska Auction Co. 1227 E. 75th
Real - Estate being sold on behalf of  US Bankruptcy Court
 

· A 10% buyers premium will be added to the winning bids to determine the
 contract selling price.

· In order to register for the auction you must present a $5,000 personal check made out to Alaska Auction. Unsuccessful bidders will receive their checks at the close of the auction.
A down payment of 10% of the purchase price is required the day of the auction and it is non refundable if bidder can not complete the transaction.
The balance of the purchase price is due at closing within 60 days (Nov 12, 2007) for warranty deed and guaranteed insurable title. 
Buyers pay all insurance and taxes from the day of closing forward. No Closing Costs.  Possession day of closing.
Successful bidder will be required to sign all appropriate documents including a purchase agreement.
Property offered with No Contingencies.
Broker participation:  Details at AlaskaAuction.com. Required registration forms and deadlines.

MLS Listing Number #
07-13177