Result: 1 of 1
Type Online-Only Auction
Price Realized Internet Bidding has Closed
Date Sold 9/15/2021


Lot # 1
Group - Category
Lead COMMERCIAL PROPERTY WITH PARKING LOT - 224 PATRON
Description
PUBLIC SALE - CONFIRMATION AUCTION SALES EVENT HIGH TRAFFIC VISIBILITY COMMERCIAL PROPERTY WITH SEPARATE PARKING LOT - (LICENSED) 224 PATRON CAPACITY COMMERCIAL ZONING: (CD2.2) PROFESSIONAL OFFICES, MEDICAL FACILITIES, HIGHER-INTENSITY COMMERCIAL USES; FAST-FOOD, TAVERN/BAR, SIT-DOWN RESTAURANTS, OFFICES, AUTO SERVICES, REGIONAL RETAIL ESTABLISHMENTS WITH HIGH TRAFFIC VISIBILITY. RESERVE BID: $750,000.00 CDN (INCLUDES BUILDING / CHATTELS + PARKING LOT) ALL BIDS MUST IN ON OR BEFORE: 09/15/2021 @ 5:00pm EST DESCRIPTION OF SALE: THIS PRIME COMMERCIAL BUILDING WITH SEPARATE PARKING LOT WAS FULLY RENOVATED IN 2012. ADDITIONAL IMPROVEMENTS MADE IN THE LAST 2YRS. CURRENTLY BEING UTILIZED AS AN ADULT ENTERTAINMENT FACILITY. THE BUILDING IS TENANTED ON A MONTH-TO-MONTH BASIS (CURRENT LONG-TERM TENANT WILLING TO STAY). THIS PROPERTY IS LOCATED ON THE NORTH SIDE OF WYANDOTTE ST. EAST BETWEEN PIERRE ST. & PARENT AVE. APPROX. 10 BLOCKS EAST OF OUELLETTE AVE. (THE HEART OF WINDSOR’S DOWNTOWN) & CLOSE TO THE WINDSOR/DETROIT TUNNEL & LARGE U.S. CROSS-BORDER CLIENTELE. INCLUDED: ALL FIXTURES & OPERATIONAL CHATTELS. BUILDING HAS FULL COMMERCIAL KITCHEN, TWO COMPLETE BARS, RESTROOMS & SECURE OFFICES. WELL LIT & EQUIPPED STAGE & PERFORMANCE AREA. ALL 3 FLOORS ARE FULLY FINISHED & IN GOOD CONDITION. PROPERTY INFORMATION: Address: 1056 Wyandotte Street E. Windsor Ontario N9A 3K2 Property Type/Licensing: 3 Storey / full basement - Licensed Tavern/Bar Facility + Separate Parking Lot. Zoning: Commercial (CD2.2) Capacity seating: Main Floor/ south area 135 : Mezzanine: 15 / Outdoor Patio: 80 Highest & Best Use: A Licensed Tavern/Bar Facility w/ Parking Lot Building Size: Building Area- 35,850 SF (+/-) . Leasable Area- 35,000 SF (+/-) Lot Size: 40.18’ x (113.35) 4,553 SF . PARKING LOT 66.66’ X IRREGULAR) 8,093 SF Year Built: Unknown (Approximately 1920’s) Fully Remodelled in 2012 Building: Part Block 3 on Plan 231 for the City of Windsor, County of Essex, as in R942897; Parking Lot: Lots 6 and 7 on Plan 478 for the City of Windsor, County of Essex Taxes: $14,389.37/2019 TAX YR (Commercial Building & Parking Lot Inclusive) Dwelling Type: 3 Storey Building Exterior Finish: Brick/Stucco Foundation: Block Municipal Water: Yes Basement: Full Heating/Cooling: Refer to Inspection Report Heating Fuel: Natural Gas AGENT/BROKER PROTECTED – CALL FOR DETAILS
Name 1056 WYANDOTTE ST E
Auctioneer Roup Sales Services
Type Online-Only Auction
Date(s) 8/18/2021 - 9/15/2021
08/16/2021 - 09/15/2021
Preview Date/Time online walk through, virtual scheduled zoom calls.
Location 1056 WYANDOTTE ST E
Windsor, ON N9A3K2
Buyer Premium A Buyer's Premium may be added to this bid if it is successful.
Description
PUBLIC SALE - CONFIRMATION AUCTION SALES EVENT HIGH TRAFFIC VISIBILITY COMMERCIAL PROPERTY WITH SEPARATE PARKING LOT - (LICENSED) 224 PATRON CAPACITY COMMERCIAL ZONING: (CD2.2) PROFESSIONAL OFFICES, MEDICAL FACILITIES, HIGHER-INTENSITY COMMERCIAL USES; FAST-FOOD, TAVERN/BAR, SIT-DOWN RESTAURANTS, OFFICES, AUTO SERVICES, REGIONAL RETAIL ESTABLISHMENTS WITH HIGH TRAFFIC VISIBILITY. RESERVE BID $750,000.00 CDN (INCLUDES BUILDING / CHATTELS + PARKING LOT) ALL BIDS MUST IN ON OR BEFORE: 09/15/2021 @ 5:00pm EST DESCRIPTION OF SALE: THIS PRIME COMMERCIAL BUILDING WITH SEPARATE PARKING LOT WAS FULLY RENOVATED IN 2012. ADDITIONAL IMPROVEMENTS MADE IN THE LAST 2YRS. CURRENTLY BEING UTILIZED AS AN ADULT ENTERTAINMENT FACILITY. THE BUILDING IS TENANTED ON A MONTH-TO-MONTH BASIS (CURRENT LONG-TERM TENANT WILLING TO STAY). THIS PROPERTY IS LOCATED ON THE NORTH SIDE OF WYANDOTTE ST. EAST BETWEEN PIERRE ST. & PARENT AVE. APPROX. 10 BLOCKS EAST OF OUELLETTE AVE. (THE HEART OF WINDSOR’S DOWNTOWN) & CLOSE TO THE WINDSOR/DETROIT TUNNEL & LARGE U.S. CROSS-BORDER CLIENTELE. INCLUDED: ALL FIXTURES & OPERATIONAL CHATTELS. BUILDING HAS FULL COMMERCIAL KITCHEN, TWO COMPLETE BARS, RESTROOMS & SECURE OFFICES. WELL LIT & EQUIPPED STAGE & PERFORMANCE AREA. ALL 3 FLOORS ARE FULLY FINISHED & IN GOOD CONDITION. PROPERTY INFORMATION: Address: 1056 Wyandotte Street E. Windsor Ontario N9A 3K2 Property Type/Licensing: 3 Storey / full basement - Licensed Tavern/Bar Facility + Separate Parking Lot. Zoning: Commercial (CD2.2) Capacity seating: Main Floor/ south area 135 : Mezzanine: 15 / Outdoor Patio: 80 Highest & Best Use: A Licensed Tavern /Bar Facility w/ Parking Lot Building Size: Building Area- 35,850 SF (+/-) . Leasable Area- 35,000 SF (+/-) Lot Size: 40.18’ x (113.35) 4,553 SF . PARKING LOT 66.66’ X IRREGULAR) 8,093 SF Year Built: Unknown (Approximately 1920’s) Fully Remodelled in 2012 Building: Part Block 3 on Plan 231 for the City of Windsor, County of Essex, as in R942897; Parking Lot: Lots 6 and 7 on Plan 478 for the City of Windsor, County of Essex Taxes: $14,389.37/2019 TAX YR (Commercial Building & Parking Lot Inclusive) Dwelling Type: 3 Storey Building Exterior Finish: Brick/Stucco Foundation: Block Municipal Water: Yes Basement: Full Heating/Cooling: Refer to Inspection Report Heating Fuel: Natural Gas
Auction Terms & Conditions I, THE UNDERSIGNED, ACKNOWLEDGE AND ALSO AGREE TO THE TERMS OF SALE: Auction Terms & Conditions AGREEMENT OF THE TERMS AND CONDITIONS OF THIS ROUP SALES EVENT IS A REQUIREMENT FOR REGISTRATION AND THE PARTICIPATION IN THIS ROUP SALE. A BIDDING NUMBER WILL ONLY BE ISSUED ONCE YOU HAVE REGISTERED AS A BIDDER AND HAVE SUBMITTED A BID. ROUP SALES EVENT CLOSES DATE: Sept 15th, 2021: 5:00pm EST This is an ONLINE - ROUP SALE, with bids accepted from: 08/16/2021 - 09/15/2021 THE “GOODS” TO BE SOLD: Specifically identified as the Goods in the listing online. NATURE OF ROUP SALES EVENT: It is an on-line auction with viewings to be arranged by appointment. The Goods to be auctioned will only be sold individually and piecemeal if no satisfactory bid is received by the Auction Date for the single lot. RESERVE BID: This is a confirmation ROUP SALE, meaning that the Seller has an undisclosed minimum amount expected to be received for the single lot, bulk sale of the Goods, failing which the Goods will be sold individually and piecemeal. VIEWING: The Goods can be viewed virtually on-line or, alternatively, physically, by appointment, on a date and time to be arranged. PAYMENT: Payment must be received no later than 12:00PM on Thursday September 16th, 2021. Payment to be made by wire transfer, e-transfer, bank draft or certified cheque. REMOVAL: Any Goods must be picked up and removed on or before 3 business days from being notified by the Auctioneer, on a day and time to be set by appointment. BUYER’S PREMIUM: A Buyer’s Premium is due, in addition to the successful bid price, calculated @ 10% of the successful bid price + HST. I, THE UNDERSIGNED, ACKNOWLEDGE AND AGREE AS FOLLOWS: 1. Any bid that I make on the Goods is considered a binding, irrevocable and unconditional offer to purchase the Goods; 2. This is a Confirmation ROUP SALE, meaning that the Seller has an undisclosed minimum amount expected to be received for the sale of the Goods, referred to as the “Reserve Bid”, and that my bid will be subject to the Seller’s approval should it be less than the Reserve Bid; 3. I understand that the auctioneer is under a duty to advance the bid up to at least the amount of the Reserve Bid, but not in excess of that. I understand that if the bids fall below the Reserve Bid, the Seller reserves the right to end the auction without the Goods being sold; 4. All bids are final at ROUP SALE EVENTS; 5. All Goods are sold “as is, where is” without warranty or guarantee; 6. The effect of any sale of any goods at auctions is immediate. If my bid for the Goods herein is the successful bid, I immediately become the owner of the Goods and subject to the obligation to pay. There is no “cooling off” period, meaning that if I am awarded the final bid, ownership changes hands the moment the auctioneer says “Sold”. I am solely responsible for the Goods from that moment onward, including the obligation to pay, remove, and transport the Goods. 7. No bidder, including myself, can retract a bid made during the ROUP SALE for any reason; 8. I will pay the Buyer’s Premium in addition to my successful bid price. The Buyer’s Premium is calculated @ 10% of my successful bid price + HST. 9. All payments are payable by certified cheque, bank draft, credit card, wire or electronic transfer to “Laing & Associates in Trust”; 10. If I am paying by electronic transfer, I will email the transfer to dlaing@lainglegal.ca together with the release question answer “ROUP SALE”; 11. Should I default on a payment in any manner whatsoever, I understand and agree that I am responsible for the payment of the legal fees of Laing & Associates, both for the conduct of the auction and the collection of the bid price due; 12. My credit card information is being provided so that, regardless of what mode of payment I designate below, in the event that any payment obligations remain unpaid as of the due date specified above, such payments can be charged against my credit card; 13. I further understand, acknowledge and agree that should I default in payment in any manner whatsoever on the purchase of the Goods, I may also be liable to the Seller for any damages that he or she may incur as the result of my default; 14. I understand and agree that time is of the essence. I understand that in the event that I do not pay the full successful bid price together with the Buyer’s Premium by the date specified above, Laing & Associates will proceed with a sale of the Goods to another buyer without further notice to me and I will have no right to limit, restrict or delay the sale of the Goods to another buyer and I will be responsible for the dollar value difference between my successful bid and any subsequent sale price of the Goods; 15. I warrant and guarantee that any payments that I make through a credit card will be verified and paid by my credit card provider and I will not dispute these charges with my credit card provider at any time subsequent to authorizing them; 16. I acknowledge that any representations made by the offices of Laing & Associates or members of their staff, whether verbal or written, are representations that came from the Seller, their client, and that the offices of Laing & Associates have no obligation to verify or authenticate such statements or representations and I release and save harmless the offices of Laing & Associates from liability relative to any dispute that may arise in this regard; 17. I understand and acknowledge that any announcements or notices made during the course of the ROUP SALE supersede any previous announcements or notices, whether written, verbal or online; 18. I understand and acknowledge that any decisions made by a representative of Laing & Associates, while acting as auctioneer during the course of the auction, relating to any concerns or matters arising from the ROUP SALE, are final and binding and not subject to dispute; 19. I understand and acknowledge that should I ever fail to make a payment that is due in accordance with these terms, I will be blocked from bidding in any future auctions conducted by Laing & Associates; 20. I understand that I have no right to a Bidding Number unless and until I acknowledge and comply with these terms. I understand that, once a Bidding Number is issued to me, I have sole and complete responsibility for the Bidding Number issued to me. I understand that this means that I will be responsible for any bids made with my issued Bidding Number, whether they are made by me or not. 21. I acknowledge and understand that this means that I must responsibly protect the Bid Card that is given to me with my Bidding Number on it. I acknowledge and agree that I will be responsible for paying any successful bids made with my Bid Card and Bidding Number; 22. I acknowledge and agree that it is my responsibility to immediately notify the auctioneer in the event that I lose or misplace my Bid Card so that the auctioneer can cancel my Bidding Number; 23. Neither the Auctioneer, Laing & Associates, nor the Seller or Consignor, makes any warranties or representations of any kind with respect to the Goods and in no event will they be held responsible for having made or implied any warranty of description, genuineness, authorship, attribution, provenance, period, culture, source, origin, condition, etc. of the Goods; 24. I acknowledge that should my bid be successful, I will be responsible for the removal of the Goods by the date specified above. In this regard, I acknowledge that I will be responsible for arranging shipping or the pick-up of the Goods at my expense, liability and risk. I acknowledge that, even though a representative of the Auctioneer may be present to give me access for pick-up of the Goods, the representative cannot and will not assist me in removing the Goods, and that I will be responsible for bringing my own crew and satisfactory vehicles for this purpose; 25. I agree to provide the information below and acknowledge that some of the information may be utilized to notify me of future or upcoming auctions but is primarily required to enable compliance with the terms and provisions set out herein; NOTE: All sales final, sold as is, where is. No refunds. An applicable Buyer’s Premium will be added to each purchase. Payment is due in full on receipt of invoice. Wire Transfer, E-Funds ONLY. Buyer is responsible for any and all costs of shipping/transportation or freight. 10% Buyers Premium, plus 13% HST will be charged on all items. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 2,500.00 500.00 CAD
2,500.01 - 5,000.00 1,000.00 CAD
5,000.01 - 9,750.00 1,500.00 CAD
9,750.01 - 97,500.00 2,500.00 CAD
97,500.01 - 9,999,999.99 10,000.00 CAD
Currency CAD
Payment Terms
SEE AUCTION NOTICE