Lot # 1

COMMERCIAL BUILDING & LAND

SELLING AT THIS AUCTION will be the 5,800 +/- square foot building (4,692 s.f. footprint with 1,200 s.f. loft meeting room area) on 1.75 acres of land formerly known as Laddie Boys Restaurant with good visibility from I-55 South of St. Louis (26 miles South of I-270/I- 55 interchange). This former Nickerson Farms restaurant location has been operated as an independent restaurant for nearly 20 years and is being sold by the long-time owner. THIS PROPERTY CONSISTS OF 1.75 acres (approximately 180’ frontage by 425’ in depth) nearly level land, mostly paved for excellent parking. The property is adjacent to a nearly new convenience store lying directly to the West. The 5,800 s.f. (+/-) building was built about 1976 as a classic Nickerson Farms Restaurant with the traditional redwood beams and cathedral ceiling and has served as a restaurant location ever since. The frame building with high pitch roof consists of a country store/entry way (with two sizable restrooms) entering into a large dining area with table and chair, booth and counter seating. The seller also added a sizable upstairs banquet room above the country store area for parties and gatherings. There is a fully equipped kitchen with service window behind counter, walk-in cooler and walk-in freezer as well as walk-in doors to the dining room. The building is served by a newer 20 ton heat and air unit. There is excellent signage on the property with visibility from I-55 which is owned by the seller and conveys with the property.