Court Ordered Bankruptcy Auction - 2.3+/- Acres of Undeveloped Land

Undeveloped Land totaling 2.30 AC’s located near the corner of I-45 N Frwy Feeder & Northpoint Dr. Multiple development opportunities including Industrial, Retail, Commercial, Multi-Family & Single-Family Residential Development. Hard Corner on I-45 Feeder Rd.

• Land Area Gross: 2.3 AC’s or 100,188 SF +|- of land
• NO FLOOD PLAIN
• Located in Opportunity Zone
• Total Road Frontage is Approx. 302.44 +|- on Northpoint Dr
• Zoning: None
• Topography: Generally, Level and at Street Grade
• Utilities:
o Electricity: On Site
o Water/Sewer: City
• Flood Hazard: NONE
• Immediate Proximity to I-45 & BW-8
• Hard Corner Lot on I-45 Feeder Rd

DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!
Online bidding ends January 25th at 2:00 PM CT
Preview: Drive by anytime
Property Address: 0 Northpoint Drive, Houston, Texas 77060
U.S. Bankruptcy Court, the Southern District of Texas, Houston Division, Case No. 23-34374
Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX Auctioneer #11818
10% Buyers Premium and other terms apply

Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com

https://www.tranzon.com/taa2401e

Online Auction – Prime Class A Commercial Condos – Near Rupp Arena

Exclusive Downtown Location in the Booming Historic Old Tarr Distillery District!
Premier Location just a 4-minute walk to Rupp Arena and Everything Vibrant Downtown Lexington has to Offer!
Incredible Location!! Neighboring Landmark Properties include The Manchester Hotel & Manchester Music Hall Concert Venue!
Lexington’s Towne Branch Park ($39M Construction) will be only 100 yards away!
Check out this Amazing New Downtown Venue on your Doorstep! www.townbranchpark.org
Fantastic Location for the Coolest New Brewery – Boutique Distillery – Brew Pub Restaurant-Nightspot - Gallery or Fabulous Entertainment Venue!!
Currently Operating as Premier Private Event & Catering Center & Speak-Easy Lounge, with one of the Largest Commercial Kitchens & CBD Production in Central Kentucky
Luxuriously Appointed Interiors with Refined Lighting, Themed Ballroom, Two Full-Service Bars, Private Rooms and Open Floor Plan creates Flexibility for Variety of Uses.
Multiple Access Points are Perfectly Suited for Multiple Tenants or Owner-User and Tenants in this Voguish Open Designed Location – Buy One Unit or Both!
Ownership of Both Suites entitles Purchaser to Retain 51% Control of Condominium Shares
Opening Soon Mexican Themed La Mazunte Bodega and La Brasa Right Next Door!
Zoning is I-1 (Light Industrial) with Commercial, Light Manufacturing, Business & Other Uses Permitted
Exceptionally Large Commercial Kitchen with Ability to Convert Space for Manufacturing, Hospitality or Commercial Functions
Appraised for $3,450,000 in November 2023 – Appraisal Available w/signed NDA
Owners Retiring from Event Center & Catering Business – Equipment Package Offered Separately
Each Unit Will Be Offered Individually and in Combination of Both Units
Square Footage: Unit 110 (10,970 +/-), Unit 190 (10,865 +/-), Total (21,835 +/-) – per recorded plat
Title Commitment Available – Selling Free and Clear – Clear Title Guaranteed
Survey, Appraisal, Environmental Site Assessment & Condominium Docs available
Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed
Brokers Protected & Buyer Agents Welcome – 2% Buyer Agent Fee Offered

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734
10% Buyers Premium and other terms apply
Online bidding end April 17th at 3:00 pm
Inspection: March 27th & April 1st at 12:00 pm ET
Property Address: 903 Manchester Street, Unit 110 & 190 Lexington, KY 40508
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com


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