Turnkey Truck Stop Gas Station, Restaurant Newport, Nebraska

Stracke Realty

 

Date(s) 1/18/2021 - 3/31/2021

1/18/2021 - 03/31/2021

Past Auction
Online-Only Auction
Shipping Not Available
Bidding Notice:

The successful bidder will be required to pay 10% down (Non-Refundable) and sign a purchase agreement immediately with Starke Realty following the auction. Closing will be in Approx. 30 days or when paperwork is completed by Avery L. Gurnsey, Attorney Trust Account.

Auction Information
Name Turnkey Truck Stop Gas Station, Restaurant Newport, Nebraska
Auctioneer
Type Online-Only Auction
Date(s) 1/18/2021 - 3/31/2021
Auction Date/Time Info
1/18/2021 - 03/31/2021
Preview Date/Time Please call Mary Gambill @ 402-760-0215 to set up an appointment today!
Checkout Date/Time The successful bidder will be required to pay 10% down (Non-Refundable) and sign a purchase agreement immediately with Starke Realty following the auction.
Location
Buyer Premium 10% Buyer Premium
Description
Please note the property is currently vacant. Comes With All The Equipment You See In Pictures and/or operating interior photographs are from 2017.Gas, Diesel, and a Cafe. All equipment needed to operate is included. Many improvements ($300K +) were made in 2016 including a 15,000 Gallon New Fuel Tank - EPA approved, Pumps, Passport POS System, a new roof on the building & much more. This Truck Stop is located on the corner of Hwy 20 and Hwy 137 in Newport, Nebraska. It is located on 5+ acres that include the main building, fuel tanks/pumps, and additional land for trucks and parking. The building features a checkout counter/register, kitchen/appliances, dining area, two half bathrooms, office, maintenance room, and additional rooms/storage on the upper level. It's possible it may need some shingles on the roof due to some winds recently. Also, there is one spot that shows in the pictures with minor leaks from the ceiling if you go through all the images check the one with Vent from the Ceiling you can notice some water leaks nothing major but just letting you know. It includes all equipment such as a register, coolers, shelving, and more. Equipment List, Too Much To List Here. New 15K Gallons Tank Installed 2016 1- Gas Pump 1- Diesel Pump 1- Gas Pump Large Canopy Ice Machine Passport POS / Cash Register Display Cooler Freezer Grill Displays Table Chairs Bulk Fuel Tank Security Light Sign Diesel Pump Computer Ice Cream Machine Credit Card Machine Inside Open Sign Fryer AC Unit Kitchen Utensils Kitchen Fridge POS System including Cash Register, Scanner, Etc. Printer/Copier Checkout Counter/Shelving All Display Shelves Wire Shelves Walk-in Coolers All Signs Food Warmer Microwave Card Rack and Cards All Table and Chairs Trash Cans All Kitchen Appliances including equipment, fryers, dishes, roasters and etc. Appliances- 2 Freezer Chest, 2 Upright Freezers, and 1 Refrigerator/Freezer Ice Cream Machine (Needs serviced) Ice Machine LaRue Coffee Machine Camera (not activated) Office Safe HP Laptop Minimal leftover supplies such as cups, lids, dishes, etc. Anything above that belongs to a vendor/company could possibly be removed. The main building was built in 1998 and has 2,019 sq. ft.  APPROXIMATE DIMENSIONS Dining Area 35’10” x 20’07” Additional Dining 11’08” x 20’07” Kitchen: 14’10” x 07’03” Kitchen Prep: 11’09” x 14’03” Walk-In Cooler: 16’09” x 06’10” Snack & Retail Area: 27’00” x 11’09” Office: 07’10” x 07’09” Bathroom: 07’08” x 05’11” Bathroom: 05’00” x 05’11” Earnest Money Deposit is 10% of the Winning Bid Upgrades Highlight Turn-Key Truck Stop Gas Station with Convenience Store Plus Full Restaurant101 4th St, Newport, NE 68759 Convenience store located on the major HWY 20 thoroughfare All equipment needed to operate is included Lot Size: 5.388 Acres New Tank Updated in 2016
REGISTRATION: In order to register for the auction you must submit a bank letter of guarantee or a pre-approval letter from a finance company after you have registered online. Auction Terms & Conditions Auction Terms & Conditions.- Real Estate will be sold "AS IS, WHERE IS" without warranty or guarantee. - Stracke Realty is Representing the Seller.- Real Estate will be sold "As Is, Where Is" with no Contingency. - Seller and Auctioneer give No Warranties or Guarantees; Expressed or Implied. - Financing is Not a Contingency for this Auction. -Seller will grant potential buyers access to certain financial documents, provided they agree to and sign a Non-Disclosure Agreement. - All 2020 Real Estate Taxes will be paid by the Seller. - Buyers should rely on their own Information, Judgement. - Property will be sold subject to owner confirmation. - There is no Inventory or Fuel, Currently, The Store is Vacant and Ready to Start Operating.   -Successful bidders will be required to pay 10% down (Non-Refundable) and sign a purchase agreement with Stracke Realty immediately following the auction. All information provided in all forms about the subject property was obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty, or representation about it. Any projections, opinions, assumptions, or estimates used are for example only and do not present the current or future performance of the property. It is your responsibility to independently verify the accuracy and completeness of all information. Any action commenced enforcing any of the terms and conditions set forth herein shall be venued in the District Court of Rock County Court, State of Nebraska, and Stracke Realty Shall be entitled to an award of reasonable attorney fees and costs incurred in said action. The terms and conditions shall be binding on the party's heirs, successors, and assigns.--------------------------------------------- ------------------------------------------ Terms Of Use Disclaimer: Note some of the pictures were taken when the Store Was In Full Operational, Currently There is no Inventory as explained. You will have to buy your own inventory and fuel in order to start operating this store again. Bidder User Terms   Auction Terms & Conditions 1: Stracke Realty are agents for the seller, bidders are representing themselves 2: Winning Bidders will place a 10% deposit as a non-refundable down payment in the form of a good check, cash, or wire transfer to Exit Avery L. Gurnsey, Attorney Trust Account no later than 24 hours from the close of this auction. Also, to sign a purchase and sale agreement. 3: There will be a 10% buyers premium added to the final bid to establish the final selling price. 4: Each auction may have different bidding increments. The software will calculate the next bid amount before submitting bids. 5: Bidders will need to watch their bidding screen to determine the current winning bid. Bidders will receive an email notice of Outbid but not guaranteed. 6: Stracke Realty is not responsible for incorrect or missing listing information. Stracke Realty has attempted to provide accurate information. However, it is the bidder's responsibility to conduct any inspection to determine the condition. Bidders should complete their own due diligence prior to bidding. 7: Stracke Realty shall modify the detail of this auction for any reason including but not limited to technical issues, emergencies, and convenience of the auction firm or seller. 8: In the event that there are technical difficulties related to the auction platform, server, or any other auction-related technologies Stracke Realty Reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Stracke Realty shall be held responsible for a missed bid or the failure of the software to function properly for any reason. 9: Winning bidders will be required to sign a Purchase and Sale Agreement within 24 hours of the completion of the auction. 10: The seller shall pay the seller's side of the closing fee and document prep fee. The buyer shall pay the buyer's side of the closing fee and document prep fee. The seller shall pay no closing cost for the buyer, including any lender fees unless otherwise agreed to in the contract for the sale of Real Estate. Stracke Realty will work with any lender or Attorney of your choosing for closing. 11: The buyer acknowledges herein that the property is being sold "As Is" with all faults and neither the seller nor Stracke Realty makes any warranties or representations, express or implied, as to the conditions, square footage, acreage or boundary line of the real property conveyed herein. The seller is not responsible for any repairs. 12: Any buyer or bidder not executing their responsibilities at the conclusion of this auction shall pay Stracke Realty an amount equal to the Buyer Premium or commission and any expenses incurred for this auction. The buyer shall also pay the Seller any damages caused by said breach of contract including attorney fees and cost. If the buyer defaults on any terms laid out in the purchase and sale agreement in any manner what so ever that the earnest money shall be paid first to Starke Realty for commission and expenses and the balance to the sellers. In the event, any bidder defaults shall be banned from bidding at any other Stracke Realty auction. 13: Stracke Realty reserves the right to reject any and all bids for any reason. Stracke Realty reserves the right to cancel this auction or remove any lot prior to the close of bidding. 14: All bids are subject to seller confirmation unless noted Absolute. 15: Buyer will be given a General Warranty Deed unless otherwise noted. 16: Possession is with the deed at closing. 17: Property taxes will be prorated at closing unless otherwise noted. 18: This property is subject to any and all easements and restrictions of record. Also, the property is subject to all state and local zoning ordinances.  19: The identity of all bidders will be verified. If a complete verification is not possible then Stracke Realty will reject the bidder and the bidding activity will be terminated.  20: Bidders agree to keep their username and password confidential, as they are responsible for any and all activity involving their account. All bidders must be 18 years of age or older. 21: This auction is subject to a soft close or bid extension, it's possible we may extend auction for period or either days, weeks or up to 30 days.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 999.00 1,000.00 USD
999.01 - 9,999.00 5,000.00 USD
9,999.01 - 99,999.00 15,000.00 USD
99,999.01 - 9,999,999.99 25,000.00 USD
Currency USD
Buyer Premium 10% Buyer Premium
Payment Terms
The successful bidder will be required to pay 10% down (Non-Refundable) and sign a purchase agreement immediately with Starke Realty following the auction. Closing will be in Approx. 30 days or when paperwork is completed by Avery L. Gurnsey, Attorney Trust Account. REAL ESTATE TERMS & CONDITIONS REGISTRATION: In order to register for the auction you must submit a bank letter of guarantee or a pre-approval letter from a finance company after you have registered online. BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00. DEPOSIT: 10% down day of the auction. Balance due at closing on or before 30 days. Guaranteed good title. For example, if the property sells for a total sales price of $110,000.00 including the buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction. FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify. DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. TAXES: Taxes will be pro-rated.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.