PB5 Real Estate & Business Liquidation Auction

PB5 REAL ESTATE & BUSINESS LIQUIDATION AUCTION

Sale Date: Tuesday, June 11, 2024

Sale Time: 10:00 AM

Auction Venue: Sale to be held onsite - 110 S. Main St., Linneus, MO 64653

LOCATION

Having closed our business and moving from the area, we will sell the following at our place of business (PB5 Gas Station and Convenience Store) located at 110 S. Main Street in Linneus, MO.

AUCTIONEERS NOTE:

A very nice offering and interesting sale with something for everyone. Johnny Smith and crew has done very well in business at this great location. Nice store and shop equipment for auto repair businesses, farmers or “do it yourself” mechanics. Make plans to attend this auction!

AUCTION MANAGERS

Josh Teter (660) 734-2111

David May (660) 973-9523

REAL ESTATE

Address: 110 S. Main Street, Linneus, MO 64653 (To be sold around noon)

Location, location!! At the corner of “Hwy P”, “Hwy B” and “Hwy 5” sits what is locally known as PB5 Gas Station and Convenience Store (the only fuel station within several miles). After many successful years in business the Smith’s plan to take their family south. A great business opportunity for most any endeavor with approximately 50’x78’ building on approximately half acre of land. Property has an enclosed breezeway, front convenience store or show room, bathroom, nice back shop area with side entrance, and a paved lot. The building could use a little “TLC” and repairs, but a great opportunity in a prime location with lots of traffic!

The real estate will sell at approximately 12 noon. Contact auction managers Josh Teter (660) 734-2111 or David May (660) 973-9523 for viewing of the property.

Note: Click on image to enlarge.

METHOD & TERMS

Sale Method: The property will be sold for a "lump sum" total dollar amount. Property will be sold in as-is condition and is not contingent upon buyer's financing, condition of property, appraisal, inspection, or any of contingencies.

Purchase Agreement: At the conclusion of the auction, the successful bidder will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment, payable to Linn County Title, which shall hold the money in escrow until closing.

Closing: The balance of the bid price will be due at the time of closing in approximately 30 days, on or before Thursday, July 11, 2024, which will take place at Linn County Title. Title insurance in the full amount of the purchase price will be provided by the seller. The 2024 real estate taxes will be prorated to the date of closing. Title company closing costs will be divided equally between buyer & seller. Possession will be transferred to buyer at the time of closing.

Announcements: This sale is subject to all easements, covenants, leases, and restrictions of record. Any announcements made auction day by Teter Auction Company will take precedence over any previously printed materials or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All lines drawn on maps, photographs, etc. are approximate. There are no expressed or implied warranties pertaining to the property.

FUEL STORAGE TANKS, FUEL PUMPS, STATION CANOPY

(The following will be sold after the real estate at approximately 12 noon and must be removed in 30 days)

• Bulk fuel tank (3000 gallon capacity - split 1500/1500 gallon piped together, contained unleaded gasoline)

• Bulk fuel tank (2000 gallon capacity - split 1000/1000 gallon piped together, contained number 2 diesel clear and diesel red)

• (4) Tokhien model 1150 single dispenser fuel pumps (2 diesel pumps, 2 unleaded gasoline pumps)

• Station canopy (steel, 20’x34’, with lights)

• Nolin Universal prefab walk-in cooler (11’7”x17’4”x8’2”, 6 glass doors)

• Vintage steel gas station roadside sign display post (approximately 18’ tall)

COMMERCIAL FREEZER, ICE MACHINE, STORE INVENTORY

True Model GDM-72F freezer (Overall: 78 in. W x 31 in. D x 78 in. H, 1.5hp compressor, 115/208-230v, 1ph.); Manitowoc Indigo NXT ice machine (310 lb, lift up door, less than 1 year old); Woods upright deep freezer; Cappuccino machine; Menumaster commercial microwave; custom smoker (reverse flow, stainless slides); Bayou Classic deep fryer; plus all remaining store inventory and shelving will be sold (including grocery items, candy, gum, tea, Poweraide, Gatorade, Monster, juice, soda, health care items, grocery items, J-cup foam cups, plus 8 sections double gondola shelving); wood spool tables; sunglasses; 14 pair Dry Shod boots (NEW, sizes 8, 10,12, 13, 14, 15); knife display cabinet; knives (Gerber fixed blade, Buck, etc); new gloves (30+ pair leather, jersey); treble hooks (8 boxes #8, 10 boxes #10, 11 boxes #12); several fishing lures; fishing poles; fishing supplies; and more items too numerous to list.

CHEVY TRUCK, AUTOMOTIVE, SHOP EQUIPMENT

• 1977 Chevrolet K10 pickup, 4wd, 383 cu in stroker (less than 1000 miles on motor and transmission), fuel injected, automatic, Mickey Thompson 35x12.50R15LT tires (new!); VIN CKL148Z174538

• 1993 Ford Bronco frame (complete with 5.8L engine, transmission, lockout hubs, good tires)

• Great Dane semi-trailer (48’, for storage use)

Challenger 2-post heavy duty lift (model CL-12LC,12,000 lb cap., 3 stage front and rear arms, adjustable width, 4 yrs. old); Snap-on Triton-D8 scan tool; Ranger model R980XR swing arm tire changer (wheel/table clamping system, bead break, tool holder, more); Ranger DST2420 tire balancing machine (LED display, dynamic, static, performance modes, auto braking); Mahle ArcricPRO model ACX2150 R134A refrigerant handling system; Northstar commercial pro series generator (10,000ppg, Honda 18 hp engine, electric start, 120/240v, 10 gal fuel tank); 20T machine press; HD 16 spd. drill press; Champion upright air compressor (120 gal, like new head); Homak parts washer (40 gal.); Firepower MST 140i 3-in-1 welder; NAPA brake cabinet; NAPA light cabinet; heater hose and display; remaining automotive supply items including Heet, Sea Foam, STP, Stihl 2 cycle engine oil, penetrating spray, bar and chain oil, antifreeze, hydraulic fluid, diesel fuel additive, engine oil (10-40w, 10-30w, 5-20w) and more!

CONSIGNED BY MERL SMITH

Savage Axis rifle (cal. 6.5 Creedmore, bolt action, Bushnell 4-12x40 scope); Ruger AR rifle, (cal. 5.56, semi-auto, Vortec 4-12x44 scope); Jet JJ 6CSX jointer (w/ two sets blades); Classic upright air compressor (60 gal, 5HP, 230v, 140psi, nice); shop work lights (x3); extendable power washing wand (up to 24’); Bosch router (new); Stihl 210 chainsaw (extra chain, case, like new); Worx electric chainsaw (14”); hedge trimmers; Rockwell oscillating tool; Craftsman right angle impact; Bosch Bulldog hammer drill; Hitachi 1/2” dril; Porter Cable router base w/ guide; Craftsman 3”x2” belt sander; 9 pc. dent puller; Wagner power paint roller; texture gun & hopper; 12 gal. shop vac.; electic winch (3k lb., 12v); gutter guard; handyman jack; Bushnell laser level set; Craftsman laser leveling system; RCB reloading press (44 cal, 30.06 cal, 30-30 cal dies); brass polisher; roof jacks; UNUSUAL antique Federal Electric gamewell call box; pitcher pump; and other items to be added by sale day.