Farmington Commercial Real Estate Absolute Auction Registration
Call Us: 877-612-8494
Don’t Miss This Opportunity to
Bid, Buy, and Own
One or All
of These Beautiful Upscale Commercial Properties
No Minimums, No Reserves
DON’T MISS THIS OPPORTUNITY TO BID, BUY & OWN A Unique Home in Beautiful Longmont Colorado
This charming home in Longmont, Colorado.
Auction Type: Absolute AUCTION
-No Minimum Bids. No Reserves
5920 E Main St, Farmington, NM 87402
Units A,B, D
Auction Location: Live Auction w/ Online Bidding
Auction Date and Time:
Auction Ends Thursday
June 3rd at 12:00 P.M. MDT
Fees & Commission
Broker CO-OP: 2.5%
Initial Bid Incentive: 2%
Bid Deposit: $25,000
Buyers Premium 10%
May 15th 11am-2pm
May 22nd 11am-2pm
May 29th 11am-2pm
Please Call 877-612-8494
Use the Button Below to Schedule
a Private Showing
If you are looking at expanding your current business, making a move, or starting your own now is your opportunity.
This is a great opportunity for investors that want to add to their inventory.
Located on Prime property, this Shopping Center is on Main street in Farmington with great visibility and traffic count to bring attention to your business.
Just over ~10,000 SQFT, these commercial properties are ready to become the dream business space for a few lucky entrepreneurs. The property is beautifully designed and is perfect for many client service-based businesses such as Doctors, Dentists, Massage Therapists, Spas, upscale retail- the list goes on.
These suites boast a modern architectural style that gives the property an eye-catching, distinguishing look to the passersby; With inviting water features, seating areas, and large electric signage facing main street, this property will be hard to miss as the local patrons and tourists drive by each day.
THIS PROPERTY INCLUDES 3 SEPARATE BUSINESS SUITES AND WILL BE OFFERED SEPARATELY OR COMBINED TO THE HIGHEST BIDDER.
Suite A - 3405 sqft.
Absolutely Beautiful and spacious! This unit has a kitchen area, workspace, storage, display windows and gorgeous chandeliers. And was previously an upscale retail store
Suite B - 1214 sqft.
Built and into separate office spaces and was previously used as a day spa
Suite D - 5389 sqft.
Great East side location. This unit is an open shell to design business layout. There are examples of build-out on file.
*OPPORTUNITY TO 2 BUILD ADDITIONAL UNITS IF ALL THREE SUITES ARE PURCHASED AS A COMPLETE PACKAGE
Bid, Buy & Own Prime Commercial Investment Property!
LIVE & ONLINE BIDDING-June 3rd at 12pm
Businesses Opportunities This property is a perfect location for dental offices, beauty shops, spas, retail stores, offices and much more!
Parking Lot Beautifully paved and landscaped parking lot with plenty of parking spaces.
Amenities Spacious units, beautifully finished bathrooms and a kitchen make these offices perfect for any business.
Location Excellent location right off of main street and close to Walmart and many other local businesses
These units are ideal for any business owner or investors looking quality commercial property.
All property measurements are approximate. All information on this website was delivered from sources believed to be correct, but not guaranteed. It is the buyer’s responsibility to verify all property specifications prior to the auction date. Prestige Real Estate Auction, LLC is an agent of the seller. Announcements take precedence over printed materials. Not available to residents of any state in which this real estate is not in compliance with the real estate laws or other laws of that state.
For Complete Terms & Conditions, go to the Property Information Packet on this website.
Farmington, New Mexico
Farmington New Mexico is only an hour from Durango, CO and just over an hour to the world famous Mesa Verde National Park; This location alone will generate massive amounts of traffic from locals and tourists alike; As people start to get outdoors again and commercial demand increases, property prices and demand will increase. Don’t miss your opportunity Bid NOW and make this property your next best investment!!
From the “FarmingtonNM.org” website: “Farmington is the largest city within the Four Corners region. Located in the northwest corner of New Mexico, it truly is the hub of the region. While the population of Farmington is approximately 45,000, the city easily services the needs of the region at around 120,000.” Locals and tourists alike spend time along one of the three rivers, visit a nationally ranked golf course, go off roading and hiking on historic trails. Farmington is filled with a rich cultural history and is the perfect hub for outdoor adventures with absolutely breathtaking landscapes.
Sam has lived in the Four Corners area most of his life and has been practicing Real Estate for 22 years. After a short career in the corporate world, he decided to pursue his desire to serve people in real estate. He enjoys all aspects of this career and will always do his part to maintain the trust and confidence of his customers. Sam was the #1 REMAX Broker in New Mexico in 2011, 2012, 2013, 2014, 2015, 2016 and continue to be at the top year after year.
Janelle Karas commenced her Real Estate career in 1989 in “list and sell” Real Estate, and has been involved in the mortgage industry, real estate development and investing. Since June 2002, Janelle has worked exclusively in the Real Estate Auction industry and has successfully sold hundreds of properties in the Western United States via auction.
Real Estate Auctioneer
TERMS & CONDITIONS
Will ABSOLUTELY to the Highest Bidder Regardless of Price!
Bidders Registration: All prospective buyers must register to bid. An initial deposit of $25,000 in the form of a cashier’s check or wire transfer payable to United Country Real Estate- Prestige Auction, LLC will be required to bid at the auction along with a Signed Initial Bid Form, Terms and Conditions, Property Information Package Receipt and Bidder Registration Card. The $25,000 deposit will be immediately returned in the event the bidder is unsuccessful. (Please call for wire instructions)
Initial Bid Incentive: To register you are required to submit an initial bid. By placing a written initial bid at least 24 hours prior to the live auction. Seller to rebate 2% of the initial bid to winning bidder at closing and will appear on the Closing Statement. Rebate does not include any bids placed at the auction or any bids over the initial bid. Opening bids do not constitute a contract nor commencement of the auction. Once initial bids have been placed and the auction has commenced all bids are binding and constitute a contract per the terms set herein.
Buyer’s Premium: A 10% Buyer’s Premium will be added to final bid and included in total Contract Price.
Earnest Money Deposit: 10% non-refundable earnest money deposit will be due immediately after being declared the winning-bidder. The remainder of the earnest money deposit (above the initial deposit) can be paid by check or wire transfer. Wire transfers must post within 24 hours after being declared the winning-bidder. This amount will be applied to the purchase price and will be deposited in the brokers escrow account.
Purchase Contract: Winning-bidder hereby agrees to enter into an Auction Buy/Sell Contract to Purchase the property immediately upon being declared the Winning-Bidder by the Auctioneer.
For on-line bidders: upon the close of the auction the winning-bidder will be forwarded via email an Auction Buy/Sell Contract to Purchase the property for electronic signature. Purchase Contract must be signed and returned, along with earnest money deposit, within than 24 hours from being declared the winning-bidder or will forfeit their initial deposit.
Phone and On-line Bidding: Phone and On-line bidding is available. Registration must be completed 48 hours prior to the auction. All terms will apply as if you were participating at the auction in person. Wire transfer of the $25,000 will be required. Please contact Auction Company for full details.
Closing: The remaining balance of the Contract Price is due in cash or new loan at closing within 30 days of the close of the auction. A Special Warranty Deed will be supplied by the seller at the seller’s expense giving marketable title subject to restrictions of record. Taxes & Home Owners Association fees are pro-rated. Title insurance will be at the buyer’s expense.
New Mexico Gross Receipts Tax (“GRT”): Buyer to pay the GRT in the amount of TBD of the commission or Buyer’s Premium
No Financing Contingency: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder’s ability to obtain financing and there are no financing contingencies. We encourage you to have a full written approval before bidding. The balance is due in cash or new loan at closing within 30 days.
Bidder Information Package: A Package of information has been assembled for this property and including: disclosures, title documentation, HOA Docs.
Property Previews: Public Previews are scheduled on specific dates and times. It is highly recommended that all bidders personally inspect the property prior to placing any bids in the auction.
Property inspections are the sole responsibility of the bidders.
Conduct of Auction: Conduct of auction and bidding increments are at the discretion of United Country Real Estate- Prestige Auction, LLC. United Country Real Estate- Prestige Auction, LLC reserves the right to deny any person admittance to the auction.
Broker Participation Invited: RE/MAX of Farmington is offering a 2.5% Broker CO-OP is being offered to the broker that brings the successful high bidder. Brokers must register their buyer 48 hours in advance subject to established United Country Real Estate- Prestige Auction, LLC guidelines. Contact our office for more information 877-612-8494.
Disclaimer: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice. There are no warranties either expressed or implied pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to bidding. All information is deemed reliable but not guaranteed- you must do your own due diligence.