AuctionOS v2.4
BUDGET:
$500,000
DD CREDITS:
3
LIVE
Lot #404: "Historic Main St Gem"
Mixed-Use Retail | 90% Occupied | 'Motivated Seller'
Current High Bid
$150,000
Bidder: SharkInvestor88
Time Remaining
02:00
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Data Room (Restricted)
Decrypt cost: 1 Credit/FileStructural Survey
Roof, Foundation, Walls
CRITICAL DEFECT
"Roof membrane failure. Significant ponding detected. Est. Replacement: $45,000"
Tenant Leases
Rent Roll & Break Clauses
VACANCY RISK
"Anchor tenant (Coffee) has a 30-day break clause. They served notice to vacate yesterday."
Title & Boundaries
Easements & Encroachments
LEGAL DISPUTE
"Neighbor's dumpster encroaches 3ft onto property. Active lawsuit pending. Legal fees expected."
Environmental Phase I
Soil Contamination Check
TOXIC HAZARD
"Site was a Dry Cleaner (1950-1980). High PERC contamination probable. Cleanup cost: $150k+"
Seller Disclosure
Representations & Warranties
AS-IS SALE
"Bank Owned (REO). Seller has never visited property. No warranties on HVAC, plumbing, or electrical."
GAME OVER
Purchase Price:
$210,000
Net Value:
-$15,000