Unreserved Timed Real Estate Auction     20BF

• Additional Terms of Sale updated to include: Furnace requires a new circuit board to deliver heat. Water service value needs to be replaced prior to water being turned back on.

THE PROPERTY (just over 4500 sq ft bldg on main level)

• Some renovations have been started
• Development of over 1000 sq ft of open concept living space on upper level that includes a kitchen, open area, 4 pce bath, and two separate rooms - possible media room and the second could be a bedroom if window is installed. Zoning only allows this space to be used as living accommodation for owner of business operating in the building. Note the
• included fridge and dishwasher have never been used since purchase.
• While most of upper walls have not been modified, most of the lower walls (8-10’ up from floor) have been stripped down to the studding and on the outside walls have been reinsulated with fibreglass insulation.
• A furnace in basement and furnace in living area.
• 2 New electrical panels have been installed - there is some new wiring. The area that was setup up for hair salon has multiple plug ins.
• New gas meter installed a few year ago.
• Current layout - Two office spaces on street front ( one was setup as hair salon)
• Balance is in two large sections both with doors on either side and are width of building. Middle section is approximate 37’±. Completing is the rear section which is partitioned into 2 areas with an upper level built above one.
• NOTE: Further renovations are required

INCLUDED AS-IS:

• sheets of drywall & roll of carpet
• Fridge and dishwasher– are not unused as stated previously.

Zoning /Development Potential

• Subject to town approval, Town has indicated this property could have upper level developed into apartments with commercial on main floor. We suggest you call the Thorsby Town Office at 780-789-3935 to discuss your development plans for this property prior to bidding.