AUCTION ALREADY COMPLETED!

Dick Hutchison Auction and Real Estate LLC - LaMonte, MO 65337

Second Street Leasing Real Estate Auction

Real Estate

Location: 214 South Ohio, Sedalia, MO

at the location of the building – 214 South Ohio Avenue, in beautiful downtown Sedalia, MO (Currently the business home of “Tower Loan”). Watch for the orange auction signs:

7p.m. Thursday, April 16th, 2026
Commercial building in downtown Sedalia, MO
For this auction's sale bill, catalog or poster, CLICK HERE

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COMMERCIAL BUILDING

This commercial building sits on a 23’ x 115’ lot downtown just south of the Pavilion.  The building offers nearly 2,500 square feet of finished office space with a restroom on the main level and a 2nd story that provides storage/warehouse space, or could be finished and serve any number of other endeavors.  The building has central heat & air on the main level, and plenty of public parking in the lot at the rear of the building or on Ohio Avenue out front.  The building has a painted stucco exterior wall on the north side of the building, and had a new roof put on 10 years ago.  There is currently a lease on the property with a great long-term tenant.  The lease is through March of 2027, with the option to extend for an additional 3 years (through March of 2030).  The new owner would inherit this lease, along with the monthly income.

PROPERTY VIEWING:  Thursday,  April 16th,  5-7pm and by appointment with auctioneer

 

 

Terms: 

The property will sell absolute to the

HIGH BIDDER with NO RESERVE!  We will require $10,000 down sale day, with the balance due at closing to be held on or before Friday, May 29th, 2026.  Seller will provide owner’s title policy; buyer is responsible for any lender’s title insurance.  Taxes will be prorated at closing, and the closing fee at the title company will be split 50/50.

This is a neat building with a desirable location in the revitalized downtown area of Sedalia. The current tenant has been there for several years, and pays like clockwork… providing the new owner with instant (hassle-free) income source. Long term, there are several possibilities for additional revenue streams should the new owner further develop the 2nd story. Make plans to join us for a quick auction Thursday, April 16th, and have your finances in order as the property will sell to the high bidder with NO RESERVE!

For more information, call:
660-620-2569

Questions about this auction? Phone 660.347.5656 or email our office at dickhutchisonauction@me.com.

Website by GranDesign, LLC, P.O. Box 42, 402 E Evergreen, Cameron, MO 64429. If online display fails, call 660.663.2154. All Rights Reserved. ©2026
Dick Hutchison Auction and Real Estate LLC

dickhutchisonauction@me.com

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