+1 (855) 353-1100 info@keyauctioneers.com

Gas Station Offered at Auction in Columbus Indiana

Live On-Site Auction

Thursday, April 6
10:00 AM


By Appointment Only

Auction Details

Former Shell Station on the South-side of Columbus up for Absolute Auction sold with No Minimum, No Reserve!  This property features a 3,800 SF C-store with room for a food service tenant, (4) dual-sided Multiple Product Dispensers and a stand alone Kerosene dispenser.  The property sits on the hard corner of State & Gladstone bordered by multi-shift manufacturers Faurecia and Dorel.  Come bid your price to own this property!

Address 2601 State Street, Columbus, IN 47201
Zoning CC, Commercial Community District
Parcel Number 03-96-320-004.300-005
Cause Number 32D02-1605-MF-000154
Lot Size 0.89 AC
Utilities Public water and sewer
Flood Zone X | No flood insurance required
Frontage Area SE corner of State Street (SR 46) & South Gladstone Avenue
with access from both streets
Building Size 3,813 SF-Convenience Store | 3,120 SF Canopy over
Fueling Islands
Construction Type Masonry block with glass storefront & doors
Pumps Four (4) fuel pump stations with eight (8) dispensers
Roof Type Pitched, metal
Year Built 1999
Parking Lot Paved, ingress/egress from both streets
Assessed Tax Value $500,600
Annual Taxes $12,140
Appraised Value $750,000 real estate only
Appraisal Date June 30, 2016
Other Pertinent Data Located on main east-west thoroughfare through Columbus
Traffic count is approximately 16,000 vehicles per day
Unbranded (former Shell), so make your own deal!
Space for a restaurant franchise (former Subway)
Required Down Payment $25,000 cashier’s check day of sale; bring to 10% within
three days
Closing Time Within thirty days
Tax Administration Buyer pays next installment due and payable after auction (May 2017)

Fuel Equipment details:
(4) Red Jacket Pumping Systems Veeder-Root MPDs, Diesel/Gas Combo Pumps
(1) Kerosene Pump
(4) Auto-Stik JR-4 Magnetostrictive Probes monitoring system for Unleaded, Premium, Diesel
Ruby Supersystem P.O.S. with Sapphire upgrade. Includes 2 Cash Drawers, 2 Receipt Printers, Verifone Customer Displays, Scanners, Credit Card Machines, etc.

For more information, contact:
Veronica Hughes
(317) 353-1100 (Office)
(317) 430-6169 (Cell)

Key Terms
10% buyers premium will be collected
Licenses: AC30900124; Seth D. Seaton (AU10900115)

Cause #: 32D02-1605-MF-000154

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