Name Commercial Building 118 Shamrock Blvd. Venice
Auctioneer Vanderee Auction Company
Type Online-Only Auction
Date(s) 2/18/2022 - 2/24/2022
Feb 18th - Feb 24th.
Preview Date/Time Now- Feb 24th.
Checkout Date/Time $10,000 deposit for highest and backup bidder when the auction ending, closing within 45 days.
Location 118 Shamrock Blvd.
Venice, Fl 34293
Buyer Premium 10%Buyer premium closing within 45 days.
Auction Property. Auction: an excellent opportunity to buy this commercial building at Auction. Commercial building zoned OPI, with 3 offices, 1 conference room, 2 bathroom, kitchenette, waiting area or reception, new Vinyl floor throughout, newer shingle roof and HVAC, 2 car garage with an extra air conditioned “4th” office in part of the garage. 15+ parking in front and back of the building, Great location, next to Lowes, Culvers, ALDI and Jacaranda Shopping Center, Checkers, & surrounded by other established offices and retail businesses. Prime location in Venice. Easy access to US-41 and I-75 at the entrance to Venice Gardens. There is no set reserve, bid any amount at this auction. Any listing amounts are NOT a starting bid, and are for reference only. The actual selling price will be determined by auction, no pre auction offers will be considered. Register for bidding at our website. This is an amazing chance to buy a prime commercial property for your business or as an investment. This Auction will be Online starting Friday, February 18th through Thursday, February 24th.
Auction Terms & Conditions Auction Terms & Conditions Auction Terms & Conditions Auction Terms & Conditions 1. The successful bidder AND the back-up bidder will deposit $10,000 immediately after the auction with the title company, First International Title, where the closing shall take place. The high bidder will make a second deposit within 7 days of the auction for a total of 10% in deposit with the title company. The deposit goes towards the purchase price of the property. If the high bidder does not close within 45 days, the back up bidder will become the winning bidder and be afforded the same time to close. 2. The above deposit shall be accompanied by a non-contingent purchase agreement, a sample of which is available to review prior to auction. 3. All information and dimensions on this website and all marketing were derived from sources believed to be correct but are not guaranteed. Buyers shall rely entirely on their own information, judgement and inspection of the property and the property's records. No implied or expressed warranties shall accompany the sale of the property by the seller or the seller’s agent. 4. The properties will be sold subject to the owner’s confirmation and shall close with First International Title Company in Venice within 30 to 45 days. There are no contingencies to closing. The property is being sold “As Is”. 5. Buyer’s closing costs will include but not be limited to the following: documentary stamps on the deed, title insurance, cost of and preparation of deed, plus any and all attorney’s fees relative to the closing. 6. Free and clear title shall be given by warranty deed free and clear of any encumbrances and liens. If examination of the title commitment discloses that Seller cannot convey marketable title then Seller shall have thirty (30) days to correct the title deficiencies. If Seller cannot correct the deficiencies within thirty (30) days, Buyer shall either waive the defects and close or receive a full refund of all deposits made hereunder and the parties shall be released from all obligations. 7. All announcements in the auction take precedence over previously written or verbal statements. 8. The buyer agrees to pay an auction fee (commonly known as a buyer’s premium) in the amount of 10% of the bid price. This buyer’s premium shall be paid at closing of the title and delivery of the deed. Note: The Realtor has an ownership interest in this property. This property has NO mortgage, No liens or encumbrances. 9. In the course of business the auction company or auction company principals can become an owner or part owner of a property that is being sold at auction. This property is owned in part or in whole by the Realtor/Auctioneers. 10. The sale is NOT subject to inspection discoveries, but is being sold “As Is”. Buyers are welcome to do an inspection before the end of the auction. Any inspections before or after the auction will not affect the sale or the terms. The VanDeRee Auction Company, Inc., 941-488-1500 Licensed Realtors and Auctioneers, AU 460 AB 2924 --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 1,000.00 USD
95.01 - 975.00 1,000.00 USD
975.01 - 9,750.00 1,000.00 USD
9,750.01 - 97,500.00 1,000.00 USD
97,500.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10%Buyer premium closing within 45 days.
Payment Terms
$10,000 deposit require for Highest & backup bidder, closing within 45 days.
Closing within 45 days.