Auction Details
An online auction featuring a massive unassembled pre-engineered steel building on Kauai. Offered in conjunction with Loeb. Measuring approximately 225 feet long by 199 feet wide with an 18.5 foot main structure height, this is a rare opportunity to acquire a large-scale building. This is in Waimea on Kauai. Originally purchased for approximately $1.5 million plus $259,000 in freight and delivery expenses. This item will be sold subject to reserve. An 8% buyer’s premium will be added to the final bid price and is payable by the buyer.
Online auction ends June 3 (scheduled to end at 7pm). Payment by wire or ACH transfer (see payment terms and details below). An 8% Buyer's Premium will be added to the bid amount, plus 4.712% Tax. All items sold “as is” & “where-is”. No implied warranties or guarantees. All sales final. No returns for any reason.
A non-refundable deposit equal to 10% of the final bid price is due by 1:00 PM HST on the next business day following auction close. The remaining balance is due within 5 business days after the completion of the auction. Payment must be made by wire transfer or ACH. Failure to comply with these terms will result in forfeiture of the deposit, and the item may be offered to the next highest bidder or resold.
Buyer must complete removal of the building within 30 days of auction close. Any materials, components, or debris remaining after this deadline will be subject to storage fees and may be removed, disposed of, or resold at the seller’s discretion, without refund. Buyer is responsible for all costs associated with removal and disposal, including any costs incurred by the seller to remove or dispose of remaining materials.
A non-refundable deposit equal to 10% of the final bid price is due by 1:00 PM HST on the next business day following auction close. The remaining balance is due within 5 business days after the completion of the auction. Payment must be made by wire transfer or ACH. Failure to comply with these terms will result in forfeiture of the deposit. This item will be sold subject to reserve, and an 8% buyer’s premium will be added to the final bid price and is payable by the buyer.
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