300 Cedar Street, Tarkio, MO 64491 - Atchison County

Discover a remarkable investment opportunity in Tarkio, Missouri. This 4.27-acres features a primary building and a maintenance building. Originally built in 1970, renovated in 2024, this property is ideal for a retreat center, skilled nursing facility, or rehabilitation center.

The facility is 28,756 sq ft and is equipped with 86 beds (licensed for up to 95) and 51 rooms, which accommodate various needs. The property has 55 paved surface parking spaces, ensuring easy access.

Heating and cooling are managed through package terminal air-conditioning units and through-the-wall systems, providing comfort across the 65 units. The property contains a commercial kitchen and laundry facility.

A welcoming lobby, complete with a reception desk and spacious sitting area, leads to corridors conveniently accessing dining, multi-purpose rooms, and additional common activity spaces.

This facility represents an excellent chance to reopen an established center or rehabilitate and repurpose the existing structures. Targeted towards investors keen on special purpose properties, this location offers exceptional potential for development.

The following property in Tarkio, Missouri is being offered by Sealed Bid on April 30, 2025 at 2:00 P.M. (CST)

Tarkio Retirement Facility - 300 Cedar Street, Tarkio, MO 64491

OPEN HOUSE - Saturday, April 19th from Noon to 4:00 PM (CST)

CONDITIONS OF SEALED BID SALE:

1. Sealed Bids will be received online at National Land Realty, emailed to David Swanson or at the office of National Land Realty, 2158 Hwy Z, Wentzville, MO 63385 until 2:00 p.m. (CST) Wednesday, April 30, 2025. All bids will be opened privately. Please submit your bid online, mail your bid to the above address or bids can emailed. Please indicate Tarkio Retirement Facility on your method of bidding. The successful bidder will be required to close by May 30, 2025. A blank purchase contract will be provided upon request.

2. All information is considered to be accurate but is not guaranteed. There is no survey on this property and Seller will not be providing a survey. It is the prospective buyers responsibility to verify any and all boundary lines of the property.

3. The bids should be made in a lump sum amount.

4. The Seller reserves the right to refuse any and all bids. The Seller has the right to accept any bid that is in the best interest of the Seller.

5. There is a 5% Buyers Premium. This Premium will be in addition to the acceptable successful bid amount.

6. Seller will provide a title search and owners title insurance commitment, and this will be considered clear and marketable title.

7. A Special Warranty Deed will be provided by the Seller. Seller will provide a title search, an owners title insurance premium and the deed preparation. Buyer and Seller will be responsible for their own closing costs unless agreed upon or specified otherwise.

8. All property taxes will be paid by the Seller up to the day of sale.

9. Upon the completion of the bidding process and the winning bidder has been notified, a purchase contract will be executed by both the Buyer and Seller. The execution of the contract will be the effective date, and the closing shall take place on or before May 30, 2025. The Seller will be closing with TrueTitle Commercial at 30 N Brentwood Blvd, St. Louis MO 63105. The Buyer can choose who they wish to conduct their side of closing.

10. After the purchase contract has been executed by both the Buyer and Seller, a deposit in the amount of $5,000 will be deposited with TrueTitle Commercial at 30 N Brentwood Blvd, St. Louis MO 63105. This deposit shall not be refunded to Buyer unless failure to close is exclusively the fault of Seller or Seller cannot deliver marketable title to the Property as required by this Real Estate Contract.

11. Buyer and Seller acknowledge that the Listing Agency Firm is employed by the Seller. All licensees associated with the Listing Agency Firm represent the Seller. The Listing Agency Firm makes no representations as to the condition of the property. Each prospective Buyer is responsible for verifying all information regarding this property and should be independently verified and investigated by the Buyer or a representative chosen by the Buyer. It is the Buyers choice to seek legal counsel or representation by a licensed Missouri Real Estate Licensee, but it is the Buyers sole responsibility to pay for any such services.

12. The information contained herein has been obtained from the Seller and other sources deemed reliable. National Land Realty has no reason to doubt its accuracy but will not guarantee it. Prospective Buyer should verify all information contained herein and in the Property Packet. All Prospective Buyers are urged to fully inspect the property, its condition and to rely on their own conclusions. The Property is sold AS IS, WHERE IS. Any and all warranties including fitness for any particular purpose and are hereby expressly disclaimed. In no event shall Seller or National Land Realty be liable for any consequential damages.