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Online Auction – 2 Adjacent Properties – Bid on One or Both Auction
Description:

Online Auction – 2 Adjacent Properties – Bid on One or Both
21,600+/-SF Commercial Building on 3.64+/- AC’s & 5,000 SF Warehouse on 1.89 AC’s w/ I-10 Access

Property Location:
15934 East Fwy (&)
15950 2nd St,
Channelview, Texas 77530

Auction Date & Time:
Bidding ends Tuesday, March 16th at 1:00 PM ET/12:00 PM CT

Preview Date & Time:
Tuesday, March 9th at 12:00 PM ET/11:00 AM CT

Herrera’s Tejano Nightclub is one of the largest Tejano clubs in Houston and is renowned for featuring some of the top Tejano Bands in the country. The venue provides abundant asphalt parking and Ingress/Egress at both the North and South ends of the property. While the building can continue to operate as a nightclub or be repurposed, the property has plenty of room for expansion. With easy access to the interstate, the
21,600+/- SF commercial building on 3.64+/- AC’s property can be utilized for a multitude of purposes.

Seller is also offering the adjacent property which includes a 5,000 SF metal warehouse on 1.89+/- AC’s in a separate auction. Warehouse is ready for buildout and has a surrounding stabilized yard. Great access to I-10.

DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

Property #: TAA2021A – 15934 East Fwy (Herrera’s Tejano Nightclub)

• 78’W x 200’L Commercial Metal Building (15,600 SF Footprint)
• 6,000 SF +|- Mezzanine
• 21,600 SF +|- Total Space
• 3.64 AC’s +|- or 158,615 SF +|- of land
• Building is currently Herrera’s Tejano Nightclub
• (2) Dance Floors (1 on Main Floor and 1 on Mezzanine)
• Large Stage
• Upstairs VIP Room
• Large Bar
• Approx. 140’ Road Frontage on Interstate-10 (East Frwy) Frontage Rd
• Approx. 155’ Road Frontage on 1st St
• (1) Ingress/Egress on East Frwy
• (1) Ingress/Egress on 1st St
• 2.39 AC’s or 103,171 SF of Asphalt Parking
• 363 Marked Parking Spaces
• Zoning: None
• Topography: Grade level
• Utilities:
o Electricity: On Site
o Water/Sewer: City Water/Sewer
• Flood Hazard: None
• Market Area: Property is located in Channelview along Interstate 10 or the East Frwy. The area is located on the northeaster curve of the Houston Ship Channel
• Approximately 2 miles east of Beltway 8

Property #: TAA2021B – 15950 2nd St. (Adjacent Warehouse Building)

• 5,000 Commercial Metal Building
• 1.89 AC’s +|- or 82,500 SF +|- of land
• Metal Warehouse Shell w/ no Buildout
• Approx. 196’ Road Frontage on 2nd St
• (1) Ingress/Egress on 2nd St
• Remaining Vacant Land is a Stabilized Drive
• Zoning: None
• Topography: Grade level
• Utilities:
o Electricity: On Site
o Water/Sewer: City Water/Sewer
• Flood Hazard: None
• Market Area: Property is located in Channelview along Interstate 10 or the East Frwy. The area is located on the northeaster curve of the Houston Ship Channel
• Approximately 2 miles east of Beltway 8


We are offering both parcels individually and we are offering them combined - the seller reserves the right to determine which way the properties should be sold, or whether to sell, based on the outcome of the bids

All of the Furniture, Fixtures and Equipment (the “FF&E”) is NOT INCLUDED in the sale of the real estate, however, the FF&E may be purchased as a whole for a negotiated purchase price.

To Discuss Bidding, Contact Kelly Toney today! 888-791-7307 ext. 808 | www.tranzon.com | ktoney@tranzon.com

Tranzon Asset Advisors in Cooperation with Century 21 Garlington & Associates, Saul Silva
Tranzon Asset Advisors of Texas, LLC #9008058, Kelly D. Toney, TX Auctioneer #11818
10% Buyers Premium and other terms apply.

City:
Channelview
State:
Texas
Country:
United States
Phone:
8887917307 ext. 808
Photos:
Absolute Auction – 10 Suite Professional Office Building Absolute Online Auct
Description:

Absolute Auction – 10 Suite Professional Office Building
Herrin, Illinois

Property #: TAA2024

Auction Date & Time
Online bidding ends:
September 24th at 2:00 pm CT

Preview Date & Time:
September 17th at 11:00 am CT

Property Address:
121 N. 13th Street
Herrin, IL 62948

Bid Online at:
www.tranzon.com

10 Suite Professional Office Building

WILL SELL ABSOLUTE TO HIGHEST BIDDER REGARDLESS OF PRICE!

Investment Highlights:
Two Story, Ten Suite Office Building
9,600 SF +/-
Elevator Upgrades 2017
New Roof 2016
Building Exterior Painted 2015
Each Unit has a Bathroom
Built in 1930 on .32 Acre +/-
121
22 Parking Spaces
Separate Electric and HVAC
Zoning is B-1 = Downtown Business
$8,005 = 2019 Property Taxes

Tranzon Asset Advisors, Vance Luksetich, IL Broker #471.014411
In cooperation with Coldwell Banker, Prime Realty, Greg Holthaus

Contact: Vance Luksetich, 888-791-7307 ext. 87, vancel@tranzon.com

Auction Summary of Terms of Sale: All property is sold in “As-Is and Where-Is” condition. A ten percent (10%) buyer’s premium will be added to the high bid. The total sale price of the property shall be comprised of the high bid plus the buyer’s premium. The high bidder shall execute a non-contingent purchase agreement immediately following the auction, and will provide a non-refundable earnest money deposit of ten percent (10%) of the total sale price (high bid + buyer’s premium) by certified funds or wire transfer within 24 hours of being declared the winning bidder. The balance of the purchase price will be due at closing within the specified timeframe in the purchase agreement. Seller will transfer ownership of property by Special Warranty Deed or similar instrument. Other terms apply.

City:
Herrin
State:
Illinois
Country:
United States
Phone:
888-791-7307 ext. 87
Photos:
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