(Click on for enlargement)

Believed to have been built in 1900 to serve as a bank, this 25 ft. x 41 ft. brick building has been the office of the Meadow Grove News until June 2006.

The one-story building has a 6 ft. x 13 ft. vault, a 19 ft. x 22 ft. front lobby with an ornate tin ceiling, a main floor restroom and storage space.

This affordable commercial property would fulfill the needs of a variety of business uses.

LEGAL DESCRIPTION:

The west 9 ft. of Lot 2, and the East 16 ft. of Lot 3, Block 6, Original Town, Meadow Grove, Madison County, NE

Take a look at the property, then start plans to make it yours on August 10th!

The terms of sale are cash with a $2,000 earnest deposit the day of the auction and the balance on or before September 1, 2006.  Cost of title insurance will be divided equally between buyer and seller, as will cost of escrow/closing agent.

The 2006 taxes will be prorated based on the 2005 tax schedule of $77.40.  The building and property sells as is, where is, including the roof, which is in need of repair.

Contents of the building will be sold at the same place and time, or otherwise removed by seller.  Possession on final closing.

NOTE: Offers to purchase prior to the auction will be considered, thus making the auction subject to prior sale.

FOWLKES REALTY & AUCTION CO., INC. AND ITS AGENTS REPRESENT THE SELLER AS SELLERS AGENTS.