Online Auction: Commercial Building 2711 S. 23rd St, McAllen, TX
Commercial Building in McAllen, TX
6,646 ± sq. ft. commercial building on a 1.3 ± acre lot. The building is currently leased as a restaurant and will be sold with tenant in place.
New bidders ONLY
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Bid Deposit: $100,000
Complete the Bid Deposit Form with bid deposit of $100,000 in the form of a cashier’s check payable to CWS Marketing Group. Deposit is due by December 10, 2020 at 5PM ET. Bank Wire: Request wiring instructions. Funds due by 5pm ET Dec. 4.
COMMERCIAL BUILDING Retail center for auction. This property has 5 tenants, 6,000 ± sq. ft. of unfinished shell space, 22,500 ± sq. ft. of parking, good visibility from 23rd Street, and much more! Note: Property will be sold with leases in place (leases can be viewed online). Please see income statement for current rental payment status. Potential monthly rent from the tenants with leases is $6,750. Inspection by appointment only. Visitors must follow COVID-19 guidelines. Visit website for online scheduling appointments and full list of COVID-19 requirements and precautions. Per the stated Terms of Sale, this property is sold AS IS WHERE IS WITH ALL FAULTS including any building violations for the property as a whole that may apply (including but not limited to fines and penalties).
November 30 and December 7 by appointment only.
Attendees are responsible to provide and wear their own Personal Protection Equipment (PPE). PPE will not be provided.
Questions about the sale/property: Email us at realproperty@cwsams.com or call 703 273-7373.
Technical assistance: Contact us at service@cwsmarketing.com with any technical questions about the online bidding process.
December 11, 2020
10:00 am – 1:00 pm CT (11am-2pm ET)
$100,000 Cashier’s check made payable to CWS Marketing Group, Inc
Download the Bid Deposit Form and mail with your deposit to qualify to bid.
Starting bid will be $325,000.
Closing will be held within 45 calendar days of the date the Government signs the sales contract.
CWSAMS has made every reasonable effort to facilitate online bidding. However, it is possible that technical problems and transmission issues may arise and affect the CWSAMS website, bidding system and/or computer or server or your computer, personal device or software which is beyond the control of CWSAMS. By bidding online Bidder acknowledges that CWSAMS is not responsible for technical problems or transmission issues associated with a bid and that, in the event technical problems interfere with or prevent a bid, it may be necessary to withdraw items from bidding due to technical errors or uncontrollable circumstances. Further, in the event of the occurrence of a technical problem during any bid in any auction, CWSAMS in its sole discretion reserves the right to declare an item sold, postpone or cancel the auction, extend the bidding time for this auction and/or re-list the property for auction at another date and time. The decision of CWSAMS on this matter shall be final. Bidder acknowledges that, by bidding in any auction held by CWSAMS, Bidder accepts the terms and conditions of this Disclaimer.