New Boston Warehouse - 201 East South Street

ONLINE ONLY AUCTION ENDLESS BUSINESS POSSIBILITIES ON .69 ACRES! Discover an exceptional opportunity to establish or expand your business with this versatile commercial property situated on a spacious corner lot! Previously operated as a wrecker and towing service, this property offers an ideal combination of office space, workshop facilities, and expansive outdoor storage. Featuring two metal buildings, the property provides flexibility for a variety of commercial and industrial uses. The main building includes dedicated office space, a restroom, and a spacious workshop with a large overhead door for convenient vehicle and equipment access. Additional warehouse and workshop areas offer high ceilings, open floor space, and an elevated storage platform. The second metal building provides even more possibilities for equipment storage, inventory, or business operations. A standout feature is the generous outdoor storage area enclosed by metal privacy fencing, helping keep vehicles, equipment, and materials out of public view. The corner lot provides excellent accessibility, while the substantial paved area offers room for parking, maneuvering, and day-to-day operations. Whether you're envisioning an automotive business, contractor headquarters, equipment storage facility, service company, or another commercial venture, this property offers the space and versatility to bring your vision to life. Bring your business ideas and unlock the potential of this unique commercial opportunity! Contact Auctioneer for your private showing Kim Ross - TX # 18091 903-491-6797 [email protected]

1. This is a reserve auction subject to a confidential Reserve Price established by Seller prior to the Auction. If the high bid equals or exceeds the Reserve Price, the Property shall be sold to the high bidder. If the high bid is below the Reserve Price, Seller may accept or reject the high bid within seventy-two (72) hours following conclusion of the Auction. Each bid constitutes an offer to purchase. 2. Property is sold “AS IS – WHERE IS” and Buyer(s) should take time to examine this property thoroughly and rely on their own judgment. The only guarantee from the Seller(s) is a valid, good and marketable title to the property. The sale of the property is subject to any and all easements of record. The Seller(s), AltaTerra, the Auctioneers, nor their Associates are giving any warranties other than the Seller(s) Title Warranty. 3. Buyer(s) must conduct their own inspections at their own expense prior to bidding at the auction. AltaTerra, Auctioneers or its agents are not responsible for any representation made by Seller(s) or their employees and are not responsible for accidents on the sale property should any occur. 4. Buyer(s) and Seller(s) will enter into a standard format Contract for the Sale of Real Estate on the day of auction. A 10% Buyer's Premium will apply at this sale and it will be added to the bid price to arrive at the contract purchase price. The contract will call for a 10% down payment in the form of cash, cashier's check or personal/company check with valid photo ID with the balance of the purchase price due, in certified funds, on or before the closing date specified in the Contract. Contracts will contain no financing or inspection contingencies and the Buyer(s) must have their own financing and make their own inspections prior to bidding at this auction. Escrow payments will be made payable to Fidelity National Title, in McKinney, Texas. Seller(s) will furnish title insurance in the amount of the selling price and deliver title by Warranty Deed. Any survey, if required, will be at Buyer(s) expense. Taxes will be pro-rated up to day of closing. Customary closing fees will apply to both Seller(s) and Buyer(s) transactions. 5. All Personal Property is to be removed from Property by the end of the sale day. Payment must be made on sale day in the form of cash, cashier's check or personal/company check with valid photo ID. Announcements made sale day take precedence over any advertised material. AltaTerra and/or its representatives are not responsible for accidents, thefts or losses. All sale descriptions and information are given to the best of our ability. All items are sold AS-IS WITH NO WARRANTY STATED OR IMPLIED. 6. Announcements made by AltaTerra and/or their auctioneers during the time of the sale take precedence over any previously printed materials or any other oral statements made. A Buyer’s Broker Fee of 2% will be paid to a properly registered real estate broker licensed to do business in the State of Texas.