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Historic Building Kahoka, MO
Thursday February 20th
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Selling the Historic Montgomery Opera House Building, built in 1890. Registered in 1988 on the National Register of Historic Buildings. |
Since 1968 the building housed the Kahoka State Bank prior to it being acquired by Exchange Bank of Northeast MO. This 2 story building offers 5640 sq ft on main level, lobby, several offices, meeting room, break room w/ kitchenette, bathrooms, and other divided rooms. Property will convey with 2 walk in vaults & remaining fixtures.
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Sells subject to restrictive covenants as follows: Neither the current structure, nor any future structures established hereon, shall be used, in whole or part, as a financial services institution of any kind whatsoever. The term "financial services institution" as used herein shall be deemed to include, but not be limited to, banks, credit unions, lending institutions, stock brokerages, wealth or financial planning consultants, pawn shops, or car title loans and pay-day loan facilities. The purpose of this restriction is to prevent any use of this property from any business use that competes, in whole or in part, directly or indirectly, with the business of Grantor. |
Sale is not contingent to financing or any other buyer contingencies. Successful buyer will be required to pay 10% down day of sale and sign into a written contract with the sellers. Balance will be due at closing on or before Thursday March 20, 2025. Full possession will be given at closing. The buyer acknowledges that the buyer has inspected the property and is familiar with the premises. The buyer is buying the real estate "As Is". Taxes will be prorated. Owners policy of title insurance in the full amount of purchase price will be provided by seller. All additional closing cost will be divided in equal shares between the buyer(s) and seller.
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Northeast Missouri, Sellers Carla Angel, Rep. Attorney
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