FOR SALE AT ONLINE AUCTION!

ADDRESS: 3305 East Waterloo, Edmond OK 73034

Online Auction Ends Monday Dec. 8^th @ 1:00PM.                                                                   

Open House Sept. Sunday Nov. 23^rd-Sunday Nov. 30^th and Dec. 7th from 2:00PM to 4:00PM.  Showings by appointment only!

WATERLOO IS BOOMING!

Want to get in at the ground floor of an outstanding investment opportunity in the heart of an area that is rapidly growing by leaps and bounds?  Then check out this 2.5-acre tract located at 3305 E Waterloo Rd, Edmond OK at online auction!

This property was formerly a very successful used car lot with lots of repeat customers. Waterloo is exploding with new businesses and growth less than a quarter mile away and  I-35 and Waterloo is scheduled for a major expansion in 2026.  7-11, McDonalds, Wendy’s and Starbucks as well as many other leading businesses have already purchased lots nearby or are already built or will be soon and operating literally within walking distance. There is an O'Reilly Auto Parts next door with a tag office and convenience store less than a quarter mile away. The traffic count at Waterloo and Sooner is 19,531 vehicles per day. And there are 8 churches between I-35 and Broadway that increases Sunday traffic and exposure!

This property comes with a custom-built shop building with frontage on Waterloo as well as a 3 bed 2 bath home making the perfect live/work environment and a 30 second walk to work! There is also over 1 acre of undeveloped space on the north that has easy access for any future development. The overall acreage size is 165’ x 660’. The west property line includes 12’ of concrete access.  (County records are inaccurate per the survey)

The 40x60 shop was custom built in 2016 with overhead heat and A/C and a separate septic. The entire shop is well insulated and comes with an office/retail area in the front that has a ceiling fan and separate heat and air as well as a restroom and a shower with a 5-gallon hot water tank and excellent LED lighting.   There are two 14’ insulated overhead doors in the rear and one 14’ insulated overhead in the front along with a walk-through access door front and rear.  There are water outlets on all four corners of the shop and electric receptacles every 10 feet. There are 4 floor drains as well as four chain tie down anchors in the floor. There is 220v electric throughout along with an attic exhaust fan and 3 ceiling fans in the shop to move air. 

This “move in ready” 1,400 sq ft house has been completely remodeled, is in excellent condition! It is 3 bedrooms, 2 bath with a gas fireplace and a screened in rear porch.

Improvements include

• 12 feet of concrete access on the west side
• New roof and gutters in 2019
• New hot water tank in 2018
• New HVAC in 2017
• Exterior paint in 2018
• Interior paint in 2017
• New garbage disposal in 2019
• 2 new toilets in 2019
• New water well in 2016
• Master bath, new shower tile, glass door and sink in 2020
• New kitchen counter tops and and faucet.
• New dishwasher and ceiling fan 2017
• #2 bath, new countertops and vanity
• New living room laminate flooring 2021
• New 10x20 shed 2019
• Edmond School District

This property is selling “AS IS, WHERE IS” with no warranty’s expressed orally or implied. However there has been a home inspection performed on both the home and shop.  That information can be accessed in the document section on the website along with disclosures.

SOLD “AS IS”. A 10% Buyers Premium will apply to the high bid.

Example:  High Bid                    $100,000      

Buyer’s Premium:                      $   10,000                                               

Total Purchase Price:                $ 110,000

At the completion of the auction a $5,000 escrow deposit will be required when the contract is signed, and the buyer will have up to 45 days to close.  This property is not contingent on financing or qualification for financing and considered a cash only sale.  If financing is needed, get pre-approved now and make your financing arrangements in advance, as this property will be sold “As Is, Where Is” without contingencies. A bank letter of credit or pre-approval will be required for registration.  For complete terms visit masonauctioneers.com