PUBLIC AUCTION: WENATCHEE K-MART
A public auction was held on June 26, 2009, of the Wenatchee K-Mart building and property. State trust parcel # 02-083755 (Chelan County, Washington).
A successful bid was submitted by Brian Cook of Sun Basin Theatres, in the amount of $4,250,000, for the purchase option which expires October 24, 2009.
Auction
June 26, 2009
1 p.m.
County Administration Building
400 Douglas St., Suite 201
Wenatchee, WA 98801
Details
Parcel No.: 232021400050
Legal Description: Lot 10, Chelan County BSP-16
Location: South of Hwy 2/97
Size: 9.01 acres with 107,418 square-foot commercial retail building
Surrounding Land Use: North Wenatchee Business District
Access: Easy Street
Terms
Minimum Bid: $4,250,000
Bid Deposit: $15,000
Earnest Money: $100,000
Terms are cash only with the option price of $15,000 due on the day of sale. An earnest deposit of $100,000 is due when the option is exercised, and the balance of the purchase price is due within 30 days of exercise of the option. See sales pamphlet for details.