Bankruptcy Auction New Industrial Development
Premier, Partially Completed (existing structures), State-of-the-Art Industrial Complex on 34 acres
Tremendous Location off I-69 with Access to over 60% of USA Population in 24 Hours or Less
87,394 gross sq. ft. in Four Flexible-Use Buildings High Eve Heights Electric Sub-Station Adjacent
Clear Span Ceilings Range from 30 to 45 Shipping & Drive-thru Access from 12 to 20
Suitable for Manufacturing, Logistics, Agriculture, Transfer and Warehousing
Single or Multi-Tenant Flexibility or Expand on Prepped Site for Owner-User & Leasehold
Custom Design-Build Tilt-Wall Exterior w/Reinforced Concrete High Energy Efficiency Rating
Significant Utility Service to the Buildings & Site 24 Natural Gas Spur Line, 440/3 Phase Electric, Municipal Sewer & Water Service
Appraised As-Is 2020 for over $12,000,000 Land Alone $1.2 million
Site Prepped for Expansion of Additional Six Buildings plus Parking, Transportation & Encircling Access Roadway, Trucking Hold Area and Additional Features
Drive-In/Grade Level Doors: 24 | Dock High Doors: 2
Millions in Improvements Already Invested in Site Instant Equity & Finish to Suit
Clear Title Guaranteed by U.S. Bankruptcy Court Order
Access to 2 roadways US 45 North & Ky 1276 Only 30 seconds to Interstate 69
Strong Right-to-Work Labor Market, Barge/River Shipping Nearby, Economic Incentives Available
Approx. 2 hrs to Nashville, 2.5 hrs Memphis, 3.24 hrs Louisville
No Minimums No Reserves Selling to Highest/Best Bidder per U.S. Bankruptcy Court Ordered Sale
Qualified Sealed Bids Due January 24, 2024
Sale Process Approved per U.S. Bankruptcy Court Western District of Kentucky Case No. 23-50409-acs
Qualified Sealed Bids are due by January 24, 2024 at 4:00 pm CST. If there are multiple bids submitted, a live auction will occur on January 31, 2024 at WK&T Tech Park, 100 WK&T Technology Park, Bldg. 800, Mayfield, KY 42066, and (b) via a virtual platform, such as Zoom or GoToMeeting. Please deliver your Qualified Sealed Bids to: Tranzon Tranzon Asset Advisors, 1108A North Dixie Avenue, Elizabethtown, Kentucky 42701 or contact Kelly Toney at 888-791-7307 ext. 808 or [email protected] .
Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734
U.S. Bankruptcy Court for the Western District of Kentucky Paducah Division Estate of the Industrial Authority of Mayfield-Graves County
Chapter 11 WDKY- Case No. 23-50409-acs
Please read the Court Order for the terms of the sale.
Qualified Sealed Bids are due by January 24th at 4:00 pm CT
Property Address: 3155 Route 45 North, Mayfield, KY 42066
Online Auction Prime Class A Commercial Condos Near Rupp Arena
Exclusive Downtown Location in the Booming Historic Old Tarr Distillery District!
Premier Location just a 4-minute walk to Rupp Arena and Everything Vibrant Downtown Lexington has to Offer!
Incredible Location!! Neighboring Landmark Properties include The Manchester Hotel & Manchester Music Hall Concert Venue!
Lexingtons Towne Branch Park ($39M Construction) will be only 100 yards away!
Check out this Amazing New Downtown Venue on your Doorstep! www.townbranchpark.org
Fantastic Location for the Coolest New Brewery Boutique Distillery Brew Pub Restaurant-Nightspot - Gallery or Fabulous Entertainment Venue!!
Currently Operating as Premier Private Event & Catering Center & Speak-Easy Lounge, with one of the Largest Commercial Kitchens & CBD Production in Central Kentucky
Luxuriously Appointed Interiors with Refined Lighting, Themed Ballroom, Two Full-Service Bars, Private Rooms and Open Floor Plan creates Flexibility for Variety of Uses.
Multiple Access Points are Perfectly Suited for Multiple Tenants or Owner-User and Tenants in this Voguish Open Designed Location Buy One Unit or Both!
Ownership of Both Suites entitles Purchaser to Retain 51% Control of Condominium Shares
Opening Soon Mexican Themed La Mazunte Bodega and La Brasa Right Next Door!
Zoning is I-1 (Light Industrial) with Commercial, Light Manufacturing, Business & Other Uses Permitted
Exceptionally Large Commercial Kitchen with Ability to Convert Space for Manufacturing, Hospitality or Commercial Functions
Appraised for $3,450,000 in November 2023 Appraisal Available w/signed NDA
Owners Retiring from Event Center & Catering Business Equipment Package Offered Separately
Each Unit Will Be Offered Individually and in Combination of Both Units
Square Footage: Unit 110 (10,970 +/-), Unit 190 (10,865 +/-), Total (21,835 +/-) per recorded plat
Title Commitment Available Selling Free and Clear Clear Title Guaranteed
Survey, Appraisal, Environmental Site Assessment & Condominium Docs available
Subject to Sale Prior to the Auction without Notice Pre-Auction Offers Welcomed
Brokers Protected & Buyer Agents Welcome 2% Buyer Agent Fee Offered
Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734
10% Buyers Premium and other terms apply
Online bidding end April 17th at 3:00 pm
Inspection: March 27th & April 1st at 12:00 pm ET
Property Address: 903 Manchester Street, Unit 110 & 190 Lexington, KY 40508
Contact Kelly Toney at 888-791-7307 ext. 808 or [email protected]
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