Auction Information
Highly Visible Commercial Lot Near Sparta
Here’s an ideal piece of ground that presents the opportunity for a restaurant or commercial property in a prime location. The property sits across the access road from Love's Travel Stop, Subway and McDonalds. This is a high traffic area and not just from interstate traffic. The Kentucky Speedway is less than 3 miles away, and Belterra Hotel and Casino is also located approximately 8 miles up the road. The property is at the halfway point between Cincinnati, OH and Louisville, KY making it a common stopping point for commuters. This is a great investment opportunity.
Property Features:
- Auction Date: Saturday, March 30, 2019
- Auction Time: Noon CDT
- Auction Location: Kentucky Speedway Media Room, 1 Speedway Drive, Sparta, KY
- Bidders may participate in the auction on site or online at AuctionNetwork.com
- Onsite bidders should bring government issued ID
- 10% down payment immediately af...
- 10% down payment immediately after auction - cash, personal or business checks accepted
- If winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
- High bidder has 30 days to close
- This is a no contingency sale and is not subject to financing or additional inspections
- Possession at closing, subject to tenant’s rights, if any
- 5% Buyer's Premium
- Zoned commercial
- City water available
- City sewer
- Electric available
- Located .01 miles off exit 55, I-71
- 58 miles to downtown Louisville
- 42 miles to downtown Cincinnati
- Less than 3 miles from Kentucky Speedway
- 8 miles from Belterra Hotel, Casino and Golf Resort
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