Sealed-Bid Auction · Commercial Property · Griggsville, IL

This centrally-located commercial property with nearly 20,000 finished square feet is the blank canvas entrepreneurs desire. Sandwiched between major interstates and rivers, efficient exporting of goods is a breeze from this expansive and multifunctional facility on 4.77 acres. Notable commercial features include: two-loading docks, 2695 square feet of climate-controlled storage, 6930 square foot processing/manufacturing plant, freezers, coolers, overhead doors, guest parking, reception area, office space, conference room, retail frontage, restrooms, and more. Built with further expansion in mind, the property has a 2” water line and 3-phase electric service. Previously used as a global fish processing plant, it was built to FDA, Health Department, and HACCP standards (FDA, HACCP, NOAA, EU certificates maintained throughout previous food services operation). The location, ample space, and flexible layout make it an easy-to-customize property that can suit the specific needs of any commercial endeavor.

Details regarding the sealed bid auction are listed below. Schedule a tour today and let your imagination run wild with the possibilities! Contact the Seller’s Designated Representatives, Luke Worrell (217.473.7039, Managing Broker) or Adam Bauer (309.333.7617, Real Estate Broker).

Location: 30402 State Highway 107, Griggsville, IL 62340 approximately 2 miles North of I-72 in Pike County, Illinois S22-T4S-R3W.

Distances: 11 miles North of Pittsfield, IL; 36 miles West of Jacksonville, IL; 41 miles East of Hannibal, MO

Parcel ID: 43-026-03A

2021 Taxes (Payable 2022): $24,354.64

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SALE METHOD: A minimum bid of $200,000 is required. Bids must be submitted no later than 5:00PM on Thursday, November 3, 2022 to Worrell Land Services, 2240 West Morton Avenue, Jacksonville, Illinois, or via email to LukeW@Worrell-LandServices.com or via fax to 217.245.5318. Please utilize this Bid Sheet with all offers.

BIDS: Seller reserves the right to reject any and all bids. A minimum bid of $200,000 is needed to be considered.

CONTRACT: Buyer will enter into a contract immediately following selection on Thursday, November 3, 2022. A ten-percent (10%) down payment is required upon signing the contract with the balance due at closing on or before December 15, 2022. The terms of the contract are not negotiable.

FINANCING: Bidding is not conditional on Buyer financing. Buyer is responsible for having arranged financing, if needed, prior to the sealed bid auction.

TITLE: A title insurance policy in the amount of the sale price, subject to standard and usual exceptions, to be furnished by the buyer.

LEASE AND POSSESSION: The Buyer will take possession of the property at closing on or before December 15, 2022.

TAXES: Seller will give Buyer a credit at closing for the 2022 real estate taxes payable in 2023. 2020 and 2021 taxes are being paid by the Seller.

DISCLOSURE AND ABSENCE OF WARRANTIES: The property is being sold “AS IS” without representation or warranty expressed or implied. The sale is subject to Seller’s approval. Seller reserves the right to reject any and all bids. Seller is not responsible for any accidents that may occur while inspecting the property. Buyer(s) should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property.

Information was obtained from private and public sources with best efforts to express same as accurately as possible and is subject to individual verification. No liability for any inaccuracies, errors or omissions is assumed by the owners or their agents. Worrell Land Services, LLC is acting as the seller’s agent.