live & online simulcast real estate auction...real estate auction (2) former corbin schools...

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Live & Online Simulcast Real Estate Auction (2) Former Corbin Schools Prime Redevelopment Opportunity! March 21st, 2020 @ 10:00 am EST Do not miss this once in a lifetime opportunity! Online Bidding is open now, and will be open as a simulcast during the live auction. Visit www.interstateauctionrealty.com for online bidding. Open now, and will be open as a simulcast during the live auction. Visit www.interstateauctionrealty.com for online bidding. This is an exceptionally rare opportunity to purchase one or two prime redevelopment properties in the heart of Corbin with heightened community interest. Real estate and construction costs for these properties would be millions of dollars. These buildings were being used during the 2018-19 school year, and are currently being maintained. Terms & Conditions: 10% Buyers Premium will be added to the highest bid to determine the final sales price of each property. 10% NON- REFUNDABLE down payment is due on the day of the auction, with the balance due at closing within 30 days. Property is sold AS-IS, where is, with no guarantees or warranties expressed or implied by the seller or auction company. Properties will be offered “high bidder choice” – meaning that the highest bidder will have the option of taking either property individually, or both properties. This auction is a public auction, meaning that anyone who is qualified by Interstate Auction & Realty may bid. This includes all members of the general public, Corbin school board and staff or Interstate Auction & Realty employees acting in their own capacity. Information provided is accurate to the best of the knowledge of Corbin Schools and Interstate Auction & Realty, however buyers must do their own due diligence to determine the accuracy of any information provided. Terms and conditions are subject to change from the time of printing. Complete terms and conditions are available on our website, and may be updated, please visit www.interstateauctionrealty.com Preview Dates: By appointment. Please contact our office at 606-528-3760 or contact Adam Hill directly at 606-261-5043 to arrange a preview time. Do not miss this once in a lifetime opportunity! Online Bidding is open now, and will be open as a simulcast during the live auction. Visit www.interstateauctionrealty.com for online bidding. Former Corbin Elementary School 710 W 8th Street Corbin KY 40701 Former Corbin Intermediate School 404 W 17th Street Corbin KY 40701 Live Auction Held in the gymnasium at the former Corbin Elementary School 710 W 8th Street on March 21st @ 10:00 am EST Online Bidding Live & Online Simulcast Real Estate Auction March 21st, 2020 @ 10:00 am EST 114207_Corbin.indd 1 2/7/20 9:48 AM

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Page 1: Live & Online Simulcast Real Estate Auction...Real Estate Auction (2) Former Corbin Schools Prime Redevelopment Opportunity! March 21st, 2020 @ 10:00 am EST Do not miss this once in

Live & Online SimulcastReal Estate Auction

(2) Former Corbin SchoolsPrime Redevelopment Opportunity!

March 21st, 2020 @ 10:00 am EST

Do not miss this once in a lifetime opportunity!

Online Bidding is open now, and will be open as a simulcast during the live auction. Visit www.interstateauctionrealty.com for online bidding.

Open now, and will be open as a simulcast during the live auction. Visit www.interstateauctionrealty.com for online bidding.

This is an exceptionally rare opportunity to purchase one or two prime redevelopment properties in the heart of Corbin with heightened community interest. Real estate and construction costs for these properties would be millions of dollars. These buildings were being used during the 2018-19 school year, and are currently being maintained.

Terms & Conditions: 10% Buyers Premium will be added to the highest bid to determine the final sales price of each property. 10% NON-REFUNDABLE down payment is due on the day of the auction, with the balance due at closing within 30 days. Property is sold AS-IS, where is, with no guarantees or warranties expressed or implied by the seller or auction company. Properties will be offered “high bidder choice” – meaning that the highest bidder will have the option of taking either property individually, or both properties. This auction is a public auction, meaning that anyone who is qualified by Interstate Auction & Realty may bid. This includes all members of the general public, Corbin school board and staff or Interstate Auction & Realty employees acting in their own capacity. Information provided is accurate to the best of the knowledge of Corbin Schools and Interstate Auction & Realty, however buyers must do their own due diligence to determine the accuracy of any information provided. Terms and conditions are subject to change from the time of printing.

Complete terms and conditions are available on our website, and may be updated, please visit www.interstateauctionrealty.com

Preview Dates: By appointment. Please contact our office at 606-528-3760 or contact Adam Hill directly at 606-261-5043 to arrange a preview time.

Do not miss this once in a lifetime opportunity!

Online Bidding is open now, and will be open as a simulcast during the live auction. Visit www.interstateauctionrealty.com for online bidding.

Former Corbin Elementary School • 710 W 8th Street Corbin KY 40701

Former Corbin Intermediate School • 404 W 17th Street Corbin KY 40701

Live Auction Held in the gymnasium at the former Corbin Elementary School 710 W 8th Street on March 21st @ 10:00 am EST

Online Bidding

Live & Online SimulcastReal Estate Auction

March 21st, 2020 @ 10:00 am EST

114207_Corbin.indd 1 2/7/20 9:48 AM

Page 2: Live & Online Simulcast Real Estate Auction...Real Estate Auction (2) Former Corbin Schools Prime Redevelopment Opportunity! March 21st, 2020 @ 10:00 am EST Do not miss this once in

Former Corbin Elementary School710 W 8th Street Corbin KY 40701

This exceptional property is located in the heart of Corbin. Offering a “central” location in the middle of town, this property is easily accessible from Main Street and South Corbin. Multiple redevelopment uses include housing, assisted living, industrial, government projects, commercial call center, church worship center, dry storage facility or many other uses.

• 49,872+/- SQ FT

• Frontage on 3 streets

• Paved Parking & Playground Area

• Brick Construction

• Multiple Entrance/Exits

• Gymnasium

• Large Front Office Area

• Cafeteria/Kitchen Area

• Multiple Restrooms

Former Corbin Intermediate School404 W 17th Street Corbin KY 40701

This unique property features a prime location, one block from one of Corbin’s busiest Highways. This fantastic accessibility allows this property to be used for housing, assisted living, industrial development, government projects, retail, church worship center, dry storage facility or a multitude of other uses.

• 50,000+/- SQ FT

• Large Road Frontage

• Paved Parking & Outdoor Playground

• Brick Construction

• Multiple Entrance/Exits

• Gymnasium

• Cafeteria/Kitchen Area

• Large Office Area

• Multiple Restrooms

• Additional Adjacent Lot (Sold With Property)

Online Bidding is open now, and will be open as a simulcast during the live auction. Please contact our office at 606-528-3760 or contact Adam Hill directly at 606-261-5043 to arrange a preview time.

114207_Corbin.indd 2 2/7/20 9:49 AM