7± ACRES • I 20 CANTON TEXAS
COMMERCIAL REAL ESTATE AUCTION
Canton Horse Auction Facility
TUESDAY • APRIL 8TH • 2PM
AUCTION LOCATION: onsite • 8939 E I-20 Canton Texas 75103
The offered property consists of 7± acres along I -20 with 885’± of frontage.
Built in 2001, the property is the home of Canton Horse Sale.
The 3,720±sf clear span building includes an office area, café with short order kitchen, two restrooms and auction ring with three sided seating for about,875±sf of covered horse pens are located behind the building and include a vet check-in and load out area.
Ample parking is provided on either side of the building allowing patrons with trailers plenty of room and easy ingress and egress to the two way I- 20 service road.
Water is provided by a private, onsite well. Sewer service is onsite and Propane is supplied to the property through local delivery.
Questions or to preview property callor look online at www.lippardauctions.com or www.allianceauctioneers.com
Property Inspection: by appointment only.
Possession: Property is currently on a month to month renal agreement with income of $2,500 per month.
Legal Description: Abstract 292, R Giles Survey, East Texas Horse Center, 1.92 Acres; and Abstract 292 R Giles Survey, 5 Acres
Taxes: 2013 taxes were $4,760
Closing Company: Lawyers Title in Dallas will be handling the closing transaction.
Auctioneers Note: This property located on Interstate 20 with great access and exposure. This property is currently being used for horse auction facility but could be used for a variety of purposes.
Internet Bidding: will be available by logging on to lippardauctions.com to register at least 48 hours prior to auction date. Neither Auction Companies nor the Seller is responsible in the event of loss of signal be either side.
Broker Participation: is available if registered with Broker (United Country, Alliance Auction & RealtyTerms/Conditions: A 10% Buyer’s Premium will be added to the high bid price to determine the total contract price. 10% of the total contract price will be placed in escrow the day of the auction with the balance being due at closing. All information is taken from sources believed reliable; however, no guarantee is being made by the Auction Companies or the Seller. Buyers should satisfy themselves as to any inspections prior to bidding on the property. Any announcements made the day of the auction supersede all advertising.
Seller: Randi, Cory, Lanni and Mandi Kelley
Brent Graves, Texas BrokerTexas Auction License, 13507
Troy Lippard, Texas Auction License, 13513