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COMMERCIAL REAL ESTATE WAYLAND, MO
Wednesday, June 25th
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Selling a 19,500 sq ft high traffic commercial lot located on Hwy 136 in Wayland, MO. Improved by a 1021 sq ft brick building with full basement and 25’ X 30’ open drive through canopy built in 1990. Structure offers 2 bathrooms, 1 upstairs and 1 downstairs, forced LP gas heat and central air. The building previously housed the Kahoka State Bank prior to it being acquired by Exchange Bank of Northeast, MO. Attractive opportunity to use the current structure or build to suit on this high traffic lot. |
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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 Tuesday, July 29, 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 of $2604.31 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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