SOLD FOR $43,500
Oldham Saloon Commercial Auction
BAR, RESTAURANT & LARGE COMMERCIAL BUILDING
As we are retiring we will offer at Auction The Oldham Saloon, located at 201 E. Main St., Oldham SD
(Watch for Auction signs) on:
Tuesday, July 19th, 2016 Sale Time 10:00 A.M.
Looking for an opportunity to be your own boss? Here is your opportunity for a turn-key business with a top notch reputation in the area. The Oldham Saloon has been under the same ownership for many years, and they are now ready to retire and turn the keys over to a new entrepreneur! This property includes a spacious bar & restaurant with appx. 2,500 total sq. ft., a full service kitchen that has been remodeled, and a bar that includes on and off sale liquor. The property also features central air & gas heat. The business currently has video lottery and a pool table. The building has an adjoining 2,500 sq. ft. storage building connected to the east side, providing an excellent opportunity for storage or expansions to the business. From prime rib on the weekends and sporting events, to the regular dinner crowds, this successful business has been a staple in the area for many years. This business is located on Main St., directly across from the Bank. You can own and operate your own business and every day walk your profits over to be deposited into your bank account!
Here is an excellent investment opportunity to purchase a strong business that has been a staple
in the community for years! COME PREPARED TO BUY.
Legal Description: Lots 5 & 6 of Block 7, Original Plat, Kingsbury County, Oldham SD
TERMS: 10% non-refundable earnest money deposit due the day of the sale. Balance due on or before August 26, 2016. Title Insurance and Closing Fee split 50/50 between buyer and seller. 2016 RE Taxes to be prorated to possession date. Any current contracts go with the property. Sold as is with no warrantees or guarantees, and subject to confirmation of the owner. All descriptions and information are believed to be accurate but not guaranteed. Property includes alcohol on & off sale license. Statements made the day of sale take precedence over all written material. The Auctioneers and Realtors represent the seller in this transaction.
KATHI JOHNSON – OWNER
Auctioneers & Realtors: Tyler & Lenny Burlage, Jim & Scott Peterson
201 E. MAIN ST., OLDHAM SD
KATHI JOHNSON – OWNER