PROPERTY ADDRESS: 5959 State Highway DD, Knob Lick, MO 63651



PROPERTY IS OFFERED UNDER THE SPECIFIC TERMS PROVIDED. PLEASE READ AND REVIEW THE TERMS THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ AND REVIEWED THE TERMS FOR SALE OF REAL ESTATE, DO NOT BID.



AUCTION END TIMES: West Central Auction Company Online Auctions are timed events and all bidding will close at specified time West Central Auction Company, Online Auctions also have an auto extend feature. Any bid placed in the final 5 minutes of an auction, the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:04.The auto extend feature remains active until no further bids are received within a 5 minute time frame.



ORDER OF SALE: Offering - The real estate will be offered in one tract, as a whole by the dollar. Bid price + 10% Buyer's Premium = Contract price.



RESTRICTIONS: Subject only to all City of Knob Lick  , St. Francois County and State of laws, ordinances and regulations. Also selling to all easements of record. Seller is placing no restrictions on the property. The owner does warrant that they have good merchantable title to the real estate and that they will convey the same with a warranty deed, free from all encumbrances, liens or judgments at the time of closing.



AUCTION CONTRACT: Please note that the Auction Contract will be executed at the close of the auction and will be drawn up based on the manner in which you bid. You will be closing on the property on which you are the successful bidder in the final manner in which you bid at the auction.



WEST CENTRAL AUCTION CO. INVOLVEMENT IN THIS CONTRACT: The seller and buyer hereby agree that West Central Auction Co. is a part of this contract and shall receive compensation as stated in agreement hereto or as stated in listing agreement hereby made a part of.



SPECIAL NOTES: All property is being sold As Is, Where Is with no warranty written or implied by West Central Auction Co. or by the sellers.



SPECIAL INSTRUCTIONS: Any special instructions must be written on sales contract today.



CLOSING COST: Seller will prepare a warranty deed. Seller agrees to furnish at Sellers expense an Owner's Policy of Title Insurance in the amount of the purchase price. Seller and Buyer shall pay their share of the costs of closing.



CLOSING LOCATION/AGENT: Closing agent/location will be provided no later than ten (10) days after the auction date.



TAXES: Taxes will be prorated to the day of closing.



BUYER'S PREMIUM: A 10% Buyer's Premium will be added to your final bid to equal the contract price.



Successful bidder not executing and returning the contract with earnest money deposit within 24 hours of the conclusion of the auction will be considered in default. In the event a winning bidder fails to submit the signed Contract for Sale of Real Estate and 10% of High Bid Price in earnest money deposit, the winning bidder will be charged a penalty fee of $2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by West Central Auction Company and the Seller as provided in the Auction Terms and Conditions and the Contract for Sale of Real Estate. West Central Auction Company reserves the right to sell to the second-highest bidder in the event the successful high bidder does not comply with the terms of the sale.



LIQUIDATED DAMAGES: If buyer chooses not to close within stated time herein and no written extension has been granted by the seller, the buyer will forfeit all the deposit. If such action occurs, West Central Auction Co. hereby has the right to disperse the deposit as stated in the listing agreement and the buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by seller, labor cost and additional cost of auction as not defined in this agreement.



POSSESSION: Purchaser shall receive possession of property at closing.



CONFIRMATION: Selling subject to owner's confirmation.



All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the seller or the auctioneers. Personal on site inspection of all property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, right-of-ways, or any other information that can be obtained as public record in the County Court House and the City of concerning subject properties



West Central Auction Co. is the agent of the seller and their fiduciary duties of loyalty and faithfulness are owed to their client (the seller).



SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, West Central Auction Company, reserve the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor WEST CENTRAL AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by West Central Auction Company.



Buyer: ________________________Date_________

Buyer:_________________________Date:________

Here is your chance to own a piece of Knob Lick history — a rare opportunity that only comes along once in a generation.

The Knob Lick General Store at 5959 Highway DD has been the heartbeat of this tight-knit St. Francois County community for over a century. Built in 1920, this iconic 0.14-acre commercial property sits at a high-traffic location on Route DD just east of U.S. Route 67 — eight miles south of Farmington — putting it in front of steady daily traffic from the surrounding community and beyond.

This is a turnkey commercial property — most store equipment stays with the purchase, so whoever wins the bid walks in ready to operate. The property also features an adjoining building currently leased to the Federal Government as the Knob Lick Post Office under an active 5-year lease agreement through September 2027, with the rental rate negotiable for a new 5-year contract upon renewal — providing steady supplemental rental income.

Knob Lick is one of the original communities in St. Francois County, with roots going back to the county's founding in 1821. The community has maintained a post office continuously since 1870, and the general store has remained the anchor business of this historic small town. When you purchase this property, you are not just buying a building — you are stepping into a legacy that generations of Knob Lick families have relied on.

PROPERTY HIGHLIGHTS:

• Year Built: 1920
• Lot Size: 0.14 Acres / 6,011 Sq Ft
• Zoning: Commercial — St. Francois County, Missouri
• Annual Taxes: $540 (Tax Year 2024)
• Turnkey Operation — most store equipment conveys with purchase
• Adjoining Building: Active 5-Year Federal Government Lease (U.S. Post Office) — Through Sept. 2027, Renewable — immediate rental income
• High-traffic Route DD corridor, directly east of US-67, 8 miles south of Farmington
• Previously listed at $199,900 (MLS #25036834)

WHO SHOULD BID:

• Owner-operators ready to run a community convenience/general store
• Real estate investors seeking income-producing commercial property in the Farmington corridor
• Entrepreneurs who want an established location with built-in community recognition
• 1031 exchange buyers seeking a qualified commercial replacement property

Property Inspections:

• Sunday, March 29th — 2:00 PM to 4:00 PM
• Thursday, April 16th — 5:00 PM to 7:00 PM

Directions: From Farmington: Take US-67 South approximately 8 miles. Turn left (east) onto Route DD. Property is on the left. GPS: 5959 State Highway DD, Knob Lick, MO 63651.

Inspection by appointment — contact West Central Auction Company- Farmington to schedule. James Morgan, CAI | Licensed MO Real Estate Agent #244585 | (573) 330-9754