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Real Estate > Commercial > Retail > # 640057

SBA: Historical Former Restaurant Building located in Oshkosh, WI

Seller Name: Small Business Administration
Rating: Not Applicable
Location: 50 W 6th Avenue
Oshkosh, WI 54902
United States
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Number of Bids: 0
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It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve: Not Met!
Status: Closed
Auction Started: 01-13-15 08:00 AM ET
Auction Closed: 01-15-15 03:00 PM ET
Bid Increment: $25,000
It is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period: 5 minutes
Source: Government
Deposit Required: $10,000 — See Instructions Bid Deposit
Page Views: 55442
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Asset Information

Item Specifics - Commercial Properties
Commercial Properties
Address 50 W 6th Avenue
Oshkosh, WI 54902
United States
County Winnebago
Lot Size 0.24 acres
Property Type Retail
Building Size 7200.0
Occupancy Vacant
Asset Description
Bidding Requirements

To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidder deposit refunds are mailed within ten (10) business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.

Inspection Details

Inspection will take place by appointment only. Please send an email to [email protected] (please include name, telephone number, requested appointment time, and reference auction ID #640057) with the date and time that you are interested in viewing the property. You will receive an email notification confirming your appointment once the appointment has been scheduled.

Settlement Requirements

The successful bidder has 24 hours following the close of the auction to sign a Purchase Agreement. The successful bidder has 30 calendar days to complete the transaction by certified check to the U.S. Small Business Administration. If the successful bidder does not perform, the bidder will forfeit his/her/its BidDeposit to the U.S. Small Business Administration. The successful bidder will be required to cover any closing costs.

For assistance, please contact Bid4Assets’ Customer Service team at [email protected] or 877-4ASSETS (427-7387).

Payment Type
  • Certified/Cashier's Check
  • Wire Transfer
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