(PRWEB) April 19, 2010
Micoley & Company Auctions is holding an auction, by order of the bank, on the former Fun Zone Recreation center on Tuesday, June 15th at 4pm CST. The commercial building is located adjacent to the Blue Harbor Resort development, overlooking the harbor, in Sheboygan, WI at 802 Blue Harbor Rd.
“In today’s real estate market, a real estate auction is the perfect opportunity for sellers to be matched with qualified buyers in a quick sale. Bidders know the seller is committed to selling and sellers can cut out the onerous carrying costs by closing within 30 days. Real estate auctions are a win-win situation for everyone involved in this tough market,” said Wade T. Micoley, president of Micoley & Company Auctions, based in Green Bay, WI.
The original list price of the Fun Zone recreation center was $1,900,000; however the current minimum bid is just $775,000. The building has a brick and stone exterior with approximately 21,000 square feet of usable space on .48 acres.
A unique opportunity lies within this commercially zoned building with its close proximity to the Blue Harbor Resort, Lake Shore and Sheboygan River. The original use for the structure was an indoor recreational sports facility including a 36 foot rock climbing wall area, 18-hole miniature golf course, enclosed laser-tag room, baseball infield area, multiple batting cages and a self contained restaurant and bar facility.
To broaden the reach of the event, Micoley Auctions is offering broker cooperation compensation. This is being extended to qualified agents who pre-register their clients.
Private appointments can be arranged for showings. High bidder will be required to submit a non-refundable cashier’s deposit of $38,750 on day of auction. Prospective bidders should visit the Micoley & Company Auction website at http://www.micoleyauctions.com or call Wade T. Micoley, President, at 920-617-9199.
Source: Micoley & Company Auction Company