22,800 SQ FT BUILDING ON 3.99 ACRES OFF I-64, FORMER GREAT ESCAPE MOVIE THEATER

Lot Number:1
Bid Count:10
Starting Bid:$1,000,000.00
Bid Increment:$25,000.00
Current Bid:$2,600,000.00
No donations for this lot

REAL ESTATE AUCTION

FRIDAY NOVEMBER 15TH 11:00AM

22,800 SQ FT COMMERCIAL BUILDING ON 3.99 ACRES

FORMER MOVIE THEATER OFF I-64

SHELBY COUNTY, KY

LOCATION: 250 Breighton Circle, Shelbyville, Ky. 40065.

REAL ESTATE:  FORMER GREAT ESCAPE MOVIE THEATER,

This 22,800 sq ft building is in great shape built in 2004 and sits on 3.99 acres in a prime corner lot visible to I-64 off exit 32.  The building has 8 cinemas, kitchen and concession area, huge lobby, commercial bathrooms, office area, and upstairs.  The property will come with all equipment and other personal property owned by the seller currently in the building.   This piece of real estate has endless potential, you can turn it right back into a movie theater, or other commercial businesses since the zoning is interchange.  

Public Inspection Dates:

Sunday November 10th 12-2pm and Monday November 11th 12-2pm.

 

TERMS:  A 10% Buyers Premium will be added to the final bid price to determine the final sales price of the real estate.  The winning bidder shall put down 10% of the total sales price  day of the auction as a deposit that will be held in escrow until closing. The winning bidder shall close on the property on or before December 15th 2024.

For additional information, pictures, and online bidding, visit www.hbarrysmith.com.

THE WINNING BIDDER SHALL PUT DOWN AT THE AUCTION 10% OF THE TOTAL SALES PRICE AS A DEPOSIT THAT WILL BE HELD IN THE AUCTION COMPANY ESCROW UNTIL CLOSING. A 10% BUYERS PREMIUM WILL BE ADDED TO THE FINAL BID PRICE TO DETERMINE THE FINAL SALES PRICE OF THE REAL ESTATE. THE REAL ESTATE IS SOLD AS IS, AND PERSONAL PROPERTY AND EQUIPMENT OWNED BY THE SELLER SHALL REMAIN WITH THE REAL ESTATE. THE WINNING BIDDER SHALL CLOSE ON THE PROPERTY ON OR BEFORE DECEMBER 15TH 2024.
250 Breighton Circle
Shelbyville, Kentucky 40065
United States