Online Auction: Commercial Property, Carr 2 Km 26 Espinosa Ward, Dorado, Puerto Rico

U.S. Treasury Real Estate

Online Bidding Only

Wed., Jan 25, 2023

12:00 – 2:00 pm AST
(11am-1pm ET)

Property Location

Carr 2 Km 26 Espinosa Ward, Dorado, Puerto Rico 00646
Map

Commercial Property in Dorado, Puerto Rico

3,254 ± sq. ft. commercial building with paved lot and fencing. Currently leased for auto sales. The property will be sold with the tenant in place and rental income.

Property Description

COMMERCIAL PROPERTY 3,254 ± sq. ft. commercial building with 3 aluminum structures, paved parking lot, and fencing. The property is currently leased by an auto dealership and will be sold with the tenant in place with a monthly rental income of $2,000.  Note: Tenant owns the business, fixtures, furniture, AC unit, and equipment.  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).

Improved Area: 3,254 ± sq. ft.
Site Area: 2,546 ± sq. meters
Year Built: 1990
2022 County Taxes: $4,260.57 ±
Lease: View Lease (Spanish only)
County: Dorado

Utilities: Electricity, Water, Sewer
Zoning: Unknown
CRIM No: 059-096-223-09-000
Starting Bid: $140,000
Bid Increment: $100
Sale #: 23-66-111

Inspection

Wednesday, Jan. 11 and 18, 10am-1pm by appointment only.

Map

This map was derived from Google Maps. CWS doesn’t accept any responsibility for accuracy.

Auction Information

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.

It’s the Buyer’s responsibility to understand & comply with the complete Terms & Conditions of the sale.

Wednesday, January 25, 2023
12:00 – 2:00 pm AST (11am-1pm ET)

$25,000 Cashier’s check made payable to CWS Marketing Group, Inc
Download the Bid Deposit Form and mail with your deposit to qualify to bid.  Deposit is due by Jan 24, 2023 at 5PM ET.  OR submit the Bid Deposit Form and wire deposit to arrive no later than 5pm ET on Jan 23. Request wiring instructions at realproperty@cwsams.com

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.

How to Register
1. Register for Auction

Go to Auction and select register to bid.

2. Submit Deposit

Bid Deposit: $25,000

Submit the Bid Deposit Form and mail in your deposit of $25,000 in the form of a cashier’s check payable to CWS Marketing Group. Deposit is due by January 24, 2023 at 5PM ET.  OR submit the Bid Deposit Form and wire deposit to arrive no later than 5pm ET on January 23. Request wiring instructions at realproperty@cwsams.com

You will receive a confirmation email once your deposit is received and registration is approved.

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