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11/14/17 Auction: Former Sonic Drive-In (1310 S Broadway Ave)

11/14/17 Auction: Former Sonic Drive-In (1310 S Broadway Ave)



  111417 Auction Former Sonic Drive-In 1310 S Broadway Ave
 

 
Ad id: 3010174008772551
Views: 3
Date listed 1 month ago
Price
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AUCTION LOCATION: 1310 S. Broadway Ave Edmond, Oklahoma 73034

This commercial property consists of 0.35 acres with approximately 122.12' of frontage on the east side of Broadway Ave. The property has two curb cuts on Broadway Ave, as well. The property was formally a Sonic Drive-in restaurant (roof is in very poor condition). The property is at the corner of 13th Street and Broadway (a rectangle lot). This property provides tremendous access as Broadway Ave is also designated as U.S. Hwy 77 and a portion being Broadway Extension which provides a direct linage to downtown Oklahoma City. The frontage is 3-4 lanes with a median cut directly in front of this property. This property offer great opportunity for your new business, office, etc. with tremendous traffic counts daily.

Legal Description: Lot (6), Block (2) Campbell Terrace Addition to the City of Edmond, Oklahoma County, Oklahoma

Taxes: $3,123.97

Zoning: D-2 (Neighborhood Commercial District), for limited office, retail, and service use.

Traffic Count: in 2015 was 20,210 according to AADT

Possession: will be given at closing.

Internet Bidding: will be available by logging on to www.lippardauctions.com we recommend you registering at least 48 hrs prior to auction date. Neither the auction company nor the seller is responsible in the event of loss of signal by either side.

Terms:5% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title.

All information is taken from sources believed reliable; however, no guarantee is made by the auction company or the seller. Buyers should satisfy themselves as to any inspections deemed necessary prior to bidding. All Real Estate is being sold "AS IS". Any announcements made the day of auction supersede all advertising.

Buyer's Premium: 10% Buyer's Premium will be added to the high bid price to establish the total purchase price.

 
 
 
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Last Updated on: December 18, 2017
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