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Lewis & Clark Commercial Building + Lot Multipar Online Auction

STARTING DATE

6:00 PM
Thursday, November 21  2024

Bid Online
ENDING DATE

6:00 PM
Thursday, December 5  2024

LOCATION

307 W. Lewis & Clark Parkway
Clarksville, IN  47129

* Harritt Group Multipar Account Required

Need Assistance? Call, Text or Email Ben
502-592-4001  |  ben@harrittgroup.com

Buyer's Premium

10% Buyer’s Premium added to the hammer bid price to determine the final purchase price.

Real Estate Terms

A non-refundable down payment, 10% of the Purchase Price (Final Bid + Buyer’s Premium), in the form of cash, check, or wired funds in USD are due within 24 hours following the auction, balance due in 40 days. Buyer to receive clear title. Taxes prorated to the day of closing. If property sells in individual tracts the buyer will assume the 2025 taxes due 2026. Selling as is without contingencies, all inspections welcomed prior to auction. If you choose to obtain financing, not subject to approval or appraisal. All closing costs are the buyer’s expense. Possession at closing. See full details in the Auction Bid Packet.

Inspection

  • Tuesday, November 26, 11:00 AM – 1:00 PM
  • Thursday, December 5, 11:00 AM – 1:00 PM

Or contact us for a private showing.

Seller

Stark Real Estate, LLC

Documents

Selling online two adjacent Clark County properties Zoned B-1 Local (Neighborhood) Business including a 2,601 square-foot retail building – formerly The Music Store on a 0.399 acre corner lot and a 0.32 acre level building lot on McTavish Drive. Located on the high traffic Lewis & Clark Parkway with quick access to I-65 and IN-62, this property connects seamlessly to the Louisville Metropolitan area. A great opportunity to purchase individually or in combination using the multipar method.

PROPERTY HIGHLIGHTS

  • Commercial Retail Building & Vacant Lot – 0.659 Acres
  • Offered Multipar in 2 Lots
  • Lot 1 – Brick Veneer Concrete Block Building Built 1957 on 0.339 Acres
  • Lot 2 – Adjacent Vacant 0.32 Acre Lot on McTavish Drive
  • Zoned B-1 Local (Neighborhood) Business
  • 127’ Feet Frontage on Lewis & Clark Parkway
  • 2,601 SF on First Floor – 2 Restrooms
  • Full Partially Finished Basement
  • Two 8’ x 20’ Outside Steel Storage Containers
  • Large Paved Parking Area
  • Highly Visible Easy Accessible Corner Lot
  • Full Access From Both Directions On Lewis & Clark Parkway
  • 1.5 Miles from I-65 Clarksville Exit #4
  • 5 miles to Downtown Louisville, Kentucky

0.659 ACRES / 2 LOTS / COMMERCIAL BUILDING / BUILDING LOT

Great investment opportunity offered in 2 lots, featuring a commercial retail building and a vacant building lot, located on a high-traffic parkway with full access from both directions.

LOT 1 — 307 W. LEWIS & CLARK PARKWAY – COMMERCIAL RETAIL BUILDING – 0.339 ACRE

Uncover the potential in this 2,601-square-foot building, formerly “The Music Store” located on a 0.339-acre corner lot. Zoned B-1 Local (Neighborhood) Business, this property offers a range of uses, from retail and office spaces to specialized services. The main level has a large, open showroom with a store counter, slat paneled walls for displaying merchandise, a soundproof room with an attached half bath making it a perfect setting for a private office, with an additional second half bath located conveniently in the showroom.

The 2,601 square foot partially finished basement includes two private offices, a central open meeting room, seven small rooms that were formerly used for music instruction—spaces easily adaptable as private offices, studios, or customized workspaces with minor updates, plus a utility room and two storage rooms. The building is equipped with natural gas heat and central air conditioning and is located on a 127’ x 108’ lot surrounded by a paved parking area. In addition are two 8’ x 20’ outside steel storage containers.

  • Large Showroom with Store Counter and 1/2 Bath
  • Slat Walls for Displaying Merchandise
  • Terrazzo Flooring
  • Soundproof Room with 1/2 Bath
  • Oversized Side Delivery Door
  • Full Partially Finished Basement
  • Open Meeting Room & Seven Small Rooms
  • 127’ Frontage on Lewis & Clark Parkway
  • 108’ Frontage on McTavish Drive
  • Two HVAC Systems
  • TPO Roofing Replaced 2020
  • Air Conditioner Units Replaced 2020
  • Adjacent to Vacant Lot 2

LOT 2 — McTAVISH DRIVE – VACANT 0.32 ACRE LOT

  • Open & Level 0.32 Acre Lot
  • 107 Feet Frontage x 127 Feet
  • Zoned B-1 Local (Neighborhood) Business
  • Public Utilities Available At Street
  • Adjacent to Lot 1

B-1 Local (Neighborhood) Business

Duke Energy
Vectren Energy
Town of Clarksville Sewers
Indiana American Water Company

Building — Clarksville Township IFW (Annual) — $9,405
Vacant Lot — Clarksville Township IFW (Annual) — $6,339

FEMA records indicate that Lot 1 with building is located in AE Fringe and the vacant Lot 2 is located in AE Fringe and 0.2% Annual Chance Flood Hazard.

LOT 1: Building – 307 W. Lewis & Clark Parkway
Parcel # 10-14-03-101-025.000-012
Legal Description – GT 31, 0.339 Acres

LOT 2: Vacant Lot — McTavish Drive
Parcel # 10-14-03-101-026.000-012
Legal Description – GT 31, 0.32 Acres

Clarksville Community Schools

The Multipar Auction Method is used to sell multiple parcels of real property at auction. Throughout the auction, the buyer maintains maximum choice and control to bid on the specific parcel or combination of parcels they are interested in. Buyers can bid on individual parcels, a combination of parcels, or the entire property. The final sales price is determined by the combination which realizes the highest bid. Combination bidding begins Tuesday, November 26th @ 6:00 PM.

The Harritt Group staff is always available to assist any bidder who has questions. If you need assistance on how to bid, please call our office for assistance @ 812-944-0217. Our staff will be available for questions.

EXTENDED BIDDING

If a bid is placed on any parcel in the last 10 minutes, the entire auction will remain open for an additional 10 minutes. If any further bidding occurs, the extension timer will reset to 10 minutes. If no further bidding occurs, the lots close when the timer runs out.

NO MAX BID FEATURE

There is no maximum bid feature in a multipar auction. Any posted bid will increase to the bid amount entered.

DIRECTIONS IN-62 to Lewis and Clark Parkway Exit, onto McCullough Pike onto W. Lewis and Clark Pkwy. Continue through Providence Way Intersection ½ mile to left on McTavish Drive.

The MULTIPAR AUCTION METHOD is used to sell multiple parcels of real property at auction. Throughout the auction, the buyer maintains maximum choice and control to bid on the specific parcel or combination of parcels they are interested in. Buyers can bid on individual parcels, a combination of parcels, or the entire property. The final sales price is determined by the combination which realizes the highest bid.

  1.  Combination bidding begins Tuesday, November 26th @ 6:00 PM.
  2. For a new bid on a single lot or combination, the overall total must increase by a minimum of $1,000.

NO MAX BID FEATURE

There is no maximum bid feature in a multipar auction. Any posted bid will increase to the bid amount entered.

EXTENDED BIDDING

  • If a bid is placed on any parcel in the last 10 minutes, the entire auction will remain open for an additional 10 minutes.
  • If any further bidding occurs, the extension timer will reset to 10 minutes.
  • If no further bidding occurs, the lots close when the timer runs out.

The Harritt Group staff is always available to assist any bidder who has questions. If you need assistance on how to bid, please call our office for assistance @ 812-944-0217. Our staff will be available for questions.

  • Bid only on what you want to own. If you only want a single parcel, bid on that parcel individually. If you only want a combination of parcels, bid when combination bidding is opened.
  • Combination bidding will be allowed by a specific time & date or when all parcels have an individual bid. Each auction is different so make sure to check the terms.
  • Don’t wait until the end; prices will not go down.
  • Any posted bid is considered active and could be back in the winning position at any time during the auction.
  • Before you bid, determine your auction strategy — what you want to buy and how much you can bid.
  • Consult with The Harritt Group to help with bidding strategy or math before/during the auction.

Contact Ben Harritt to Schedule Private Demo — ben@harrittgroup.com | 502-592-4001

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