LIVE AUCTION Grove Commercial Real Estate Opportunity!

February 17, 2022 at 12:00pm
1516 Har-Ber Road, Grove, 74344 OK, US


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Description:

LIVE ON-SITE

COMMERCIAL REAL ESTATE AUCTION

12:00 Noon, Thursday, February 17th, 2022
1516 Har-Ber Road, (13th Street), Grove, OK

What Could YOU Do With This Property?
Residential Care? Treatment Center? Apartments? HUGE Bed & Breakfast? Hotel Suites? Condos? Medical Complex? Office Complex? School? Training Center?

PLEASE NOTE: This Property WILL SELL Auction Day
At Or Above The Starting Bid Of $475,000!

COME PREPARED TO BUY!
Buy At The Price YOU Set!

Call J.B. at (918) 256-5524

ADDRESS: 1516 Har-Ber Road, Grove, OK 77344 –

PROPERTY SIZE: 7.31± Acres –

ORIGINAL DESIGN: Senior Assisted Living –

BUILDING SIZE: 18,114± Square Foot Single Story Building. –

BUILDING FEATURES:

Large Entry/Living Room/Library –

Office –

Large Dining Room –

Commercial Kitchen –

36 Units (48 Bed Capacity) w/Private Baths –

Units in Original Building Have Kitchenettes –

Each Unit Includes An Emergency Call System –

Public Restrooms –

Sunrooms –

Beauty Shop –

Break Room –

Laundry & Utility Rooms –

Storage Room –

Clean & Soiled Linen Rooms –

Patio Areas –

ADDITIONAL INFORMATION:

YEAR BUILT: The subject property consists of one building housing assisted living units. The building was constructed in two phases during the 1994-2005 period. The original building was constructed in 1994 with the North addition in 2005. The addition was designed with some features which could allow future use as Alzheimer care units. –

FOUNDATION: The foundation consists of poured reinforced concrete/perimeter footings and column pads.

CONSTRUCTION COMPONENTS: The construction components include wood frame with poured concrete floor structure.

FLOOR STRUCTURE: The floor structure is summarized as follows: Ground Floor: Concrete slab on compacted fill. –

EXTERIOR WALLS: The exterior wall structure is of brick veneer and siding with double pane windows. –

ROOF: Pitched roofs with asphalt shingles.

HVAC: Package HVAC units with ducts to all units.

UTILITIES: Current operations indicate the landlord is responsible for all utility costs to the individual units with the tenants paying for only telephone costs.

SECURITY: The subject has a special security system which includes locked doors and double locked doors at the entrance. Entrance doors have alarms and access codes.

FIRE PROTECTION: The improvements are fire sprinklered and all units appear to be equipped with smoke detectors. It is assumed the improvements have adequate fire alarm systems, fire exits, fire extinguishers, fire escapes and/or other fire protection measures to meet local fire marshal requirements.

PRIMARY ROAD FRONTAGE: 530.05’± Har-Ber Road –

SECONDARY ROAD FRONTAGE: 600.00’± Rockwood Drive –

INGRESS & EGRESS: Available Off Rockwood Drive –

PARKING AND DRIVES: Adequate surface parking. All parking spaces and vehicle drives are asphalt paved. –

TOPOGRAPHY AND DRAINAGE: The site is of level terrain and sits at or just above the grade of the street. We observed no drainage problems and assumed that none exist. –

COVENANTS, CONDITIONS AND RESTRICTIONS: There are no known covenants, conditions and restrictions impacting the site that are considered to affect the marketability or highest and best use. –

UTILITIES AND SERVICES: The site is within the jurisdiction of Delaware County or the City of Grove and is provided all municipal services, including police, fire and refuse garbage collection. All utilities are available to the site in adequate quality and quantity to service the highest and best use as if vacant and as improved. –

FLOOD ZONE: According to flood hazard maps published by the Federal Emergency Management Agency (FEMA), the site is within Zone X, as indicated on the indicated Community Map Panel No. 40041C0183D. FEMA Zone X: Areas determined to be outside the 500-year flood plain. –

ZONING: Is for single-family residences but conditional use permits are available for the subject’s specific use. If additional information is required, please contact the local planning and/or zoning office. –

CURRENT ESTIMATED TAXES: $14,970.45 Based upon Assessors $1,536,566 Value –

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