Absolute Historic Montgomery City, MO, Real Estate Auction, Thursday, October 25, 2018, at 6:00 PM, 300 North Sturgeon St., Setup as Restaurant, Many Possible Uses
 
 Property & Auction Location    Refer to Map Below  
300 North Sturgeon St., Montgomery City, MO  63361
 
 Pre-Auction Property Viewing 
Thursday, October 11, 2018, from 4:00 PM to 6:00 PM.
If the date for the Pre-Auction Viewing won't work please call for a private showing.
 
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Real Estate

The 110' x 120' lot, building, furnishings and all the restaurant equipment will be sold Absolute in a single lot offering.

The original church structure was started in 1916 and dedicated in 1917, this majestic stone structure has served the residents of Montgomery City for decades and is still very functional for a wide variety of uses.
The building is in ready to move in condition, clean, well-kept and fully equipped.
There is lots of usable square footage for many uses such as a restaurant, wedding venue, private home, art studio, antique shop, church or apartments.

The building still has lots of its original charm and character with features such as original hardwood stairways, original trim, stained glass windows
The real estate consists of the 110' x 120' corner lot with all city amenities, plus natural gas and a very spacious masonry building. The building has a main floor that consists of a large open area that was used for a dining area that accommodated over 60 customers at one time plus an open balcony area when used as a restaurant.
There is a cozy corner room "Ada's Parlor" that was used for a private dining area. Ada's Parlor has the original fireplace and a very attractive chandelier.
In addition, there is a very attractive three-bedroom apartment on the main floor with its own private bath, living room and kitchenette area. Perfect for a live-in owner/ operator or to rent out.

The building has had lots of update to make it more comfortable, efficient and convenient, such as some areas have new electrical wiring and plumbing, updated heating and air conditioning, extra lighting and ceiling fans. Also, the installation of new tilt-in thermal pane windows and a new spray foam roof on the flat portion of the roof. There are two public restrooms on the main floor.

The building has a full basement with a walk out and produce chute. The basement has a large area used for a dining area, a very comfortable and spacious office area, a half bath, a smaller room and two larger rooms that were used for a full-service kitchen area.
The building was last used for Oliver's on Sturgeon, a full-service restaurant and the fully equipped and functioning commercial kitchen, coolers, salad bars, slicers, dish washer, grills, a virtually new commercial ice machine and all the tables and chairs will go with the building.

Please call for a private showing or plan to attend our showing so you can see for yourself how attractive, useful and versatile this historic structure is.

 
 Terms 
10% Down day of auction with the balance due and possession given in 30 days or less. The 2018 property taxes will be pro-rated to the date of closing. Title insurance premium will be paid 50/50 between the buyer and seller.

Closing will be handled by York Title, 1155 Aguilar Drive, Montgomery City, MO  63361, phone 573-564-8021.

View the Prospectus below for more detailed & complete auction information.

 
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 Prospectus 
 
Download the Prospectus (pdf) here.
 
 
 Sellers    Robert & Dena Saak  
 
 
For More Information Call
Charlie Nordwald at 636-795-4552
Wheeler Auctions Representative
 
 Property & Auction Location   
 
This sale bill is subject to additions and deletions.
All announcements made day of the sale take precedence over this advertising.
Not responsible for accidents or theft.
 
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23101 Highway 24, Paris, MO  65275     All rights reserved.
Office: 660-327-5890 or 660-327-1806, Fax: 660-327-5380,
Email: auctions@wheelerauctions.com

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