 everyone and welcome once again to another edition of the Red Brown and Williams real estate show. I'm Shannon Deskins and you're used to seeing me with Jennifer Brown Day, but today I have Paul David Brown, presidency of the company. Nice to have you here. Thank you, Shannon. Glad to be here. I think Jennifer's got some time off. She does. Some well-deserved days off and she'll be back next week, but excited to be off this week. Well, having you here, we're going to be able to talk about some services that you guys offer that Jennifer and I sometimes don't get the time to talk to, so talk about. So we'll talk about that as the show goes on. Sure. But the first one we want to talk about is a commercial listing. Now, we'll have a commercial lease later in the show, but this one's for sale. That is correct. This is a property that we've talked about before, Jennifer's talked about before on the show. It's a prior bank branch on Northlake Drive in Prestonsburg. It's a corner lot, about a half-acre, a little over 1,900 square feet, a couple of unique things here. You do have three drive-throughs. Of course, you've got the bank vault. Very nice building. The building is very well-kept, has up to about 20 parking spots. It's on the busiest street in Prestonsburg. There's a lot of through traffic in that particular part of Prestonsburg. You're close to the high school, close to Wendy's, and not far from the courthouse. So it's a very good location with the drive-through as a unique feature. Also the vault. A lot of parking. It's an excellent property and the price was just reduced. So that makes it even more attractive. Right. And when we'll tell you the price in just a minute, I'm sure if you're in the market for this, you're going to be surprised in a good way. But like you said, this is the road that goes through Prestonsburg by the high school, by Wendy's. You know, be creative with this. I mean, we say it was a former bank, but there are a lot of different businesses that could utilize the drive-through. Like you mentioned before, a utilities company. Yeah, that's true. We've sold several buildings similar to this in the past. There are pharmacies, for example, because of the drive-throughs there. Could be a utility company, a TV cable company, anything that the drive-through would be an advantage to. And then, of course, again, the building is set up very nice, has a lot of parking on a very busy street, easy in and out, straight off Northlake Drive. And then we've got some pictures on the screen also of the interior. So it's very, it's ready. I guess you could say, we say move in ready a lot of times with residential, but this is a commercial building that's also move in ready. Absolutely. You could buy this property, move into it very quick time, be ready to operate. There is a place, a pole there already for signage. The lot is ready. The building's ready. It is truly move in ready. You open your business and you're ready to go. And then we're going to tell you the price now, $319,000. This was just reduced, I think, today. That's correct. So if you're looking to start a business and you need a location, or maybe your business is growing and you want to look at a second location for this price, you could do that. Absolutely. It's a very unique location, a good location for anybody that has any kind of commercial use. I'm assuming the Prestonsburg office will be the main one handling this? That's correct. You can call the Prestonsburg office at 886-3939 or call any of the other offices and any staff member from RB&W can help you. Okay. Now moving on to the second listing that we're going to talk about today. Now this one's residential, but we're going to move into Johnson County. That is correct. Very nice colonial home. It's got an in-ground swimming pool, a little over 3,700 square feet, four bedrooms, three and a half baths. As I said, it's got an in-ground pool. It's very nice, a concrete in-ground pool. It has a gated entrance. It does have a detached garage as well as an attached garage. So you've got places to put your toys, concrete drive. It's kind of up on a little knoll, a little ridge that overlooks the valley. Very good location, private location. People have already relocated. So this property is on the market available to be shown at any time and it can be occupied basically on closing date. They could move into the property and be ready to go enjoy the swimming pool before summer's over. And you were going exactly where I was thinking about going because a lot of people right now, school is out. I'm sure swimming pools are bonuses at this time of year when you guys do showings. And we're still early enough in the summer, so I guess it's possible somebody could get through this one, get through closing and still be able to use the pool this year. Absolutely. It is a heated pool, so you could get into this house, enjoy the swimming pool four or two or three months this year before the swimming season's over. And then let's talk about the location of this. I mean, you are just outside of Painesville, but you are right off US 23. So you're looking at, you know, Louisa is not that far to the north. You're looking at Pikeville to the far south, but you've got Preston'sburg right there that's accessible too. So commuting wouldn't be a problem. Not a problem. 15 minutes to Preston'sburg, 10 or 15 minutes to Painesville, 30, 35 minutes to Pikeville. I and as Louisa as you said are very close and you're literally are a couple minutes off of US 23. Houses like this that are very convenient are great for those who have to commute. Absolutely. Again, the private location, if you do have kids, they've got a space outside. They're not stuck inside, but they have a space outside, a lot of room to play. In addition to the swimming pool, you've got a big yard, a nice yard. So it's a really nice property. And it's gated, which a lot of people for security reasons love that to hear that. That is correct. So definitely the Painesville office, I'm assuming, will be your lead office for this one. Painesville would be the lead office on this one, the phone number in Painesville 789-8119, but as with all of our properties, any location can assist them with any property. Right. And now when you do call, mention 105-648, that is the MLS number that will pull this listing right up. And the price on this one, if you're in the market, 449-9. And as Paul David said, it is move in ready. Now moving on to something that Jennifer and I haven't had the opportunity to talk about before is we've got an absolute auction coming up. You being the auctioneer, you're a perfect one to talk to about it, but this one's in Pike County. That is correct. It's on 319 at Hardy. It's about four and a half miles away from the main road from 119. So it's very convenient to Williamson, South Williamson, Pikeville. It's not very far from the Tug Valley Appalachian Regional Medical Center. So it would be within 15 minutes there. You're within 20, 25 minutes of Pikeville. But it's a good location even though it's off the main highway, it's still a very good location. As Shannon said, this is an absolute auction, which is a little bit unique with a property like this. That means that the property will be sold on this day regardless of the bid. So if you are looking for a startup home, if you're looking for a retirement home, if you're looking for a place for a child, perhaps it's going to get married in the near future. On July the 16th at 11 o'clock, this property will be sold by absolute auction. So regardless of what the bid is, this property will sell that day. So if you have anybody that has an interest in a property looking for that first home, this would be the perfect opportunity. Just like any other listing that you have, if they call on this one the Pikeville office, you can schedule a showing. So treat this one as if it's a home that you're looking at buying. You can go ahead and do your showing. And I think you and I have talked about before, you could even go on as far as having an appraisal done or a home inspection. That's correct. You can go ahead and contact your bank. We can even send you the information on the property, photographs, schedule the property so that you could pre-qualify yourself with the bank. You could have the appraisal done. You could have any other inspections done prior to the day of the auction. So literally the day of the auction, you would already be approved. You'd buy the house. We could close it very, very quickly. It is move-in ready. It's an older home, but it's been renovated. It's got a new roof. It's got a lot of new floor coverings in it. The kitchen is nice. It's got a really nice yard. Somebody that might have an interest in putting in an in-ground pool. Then you have a yard out back that you can do that. And again, it's conveniently located. It has all the amenities that you would want. It is ready to move in, and again, it will be sold on July the 16th, and whatever the best bid is, they're on the property. I mean, you don't find this opportunity very often is to say, well, I've got X amount of dollars set aside, and I'm approved X amount of dollars to buy this house, and then you only end up paying half of that. And a lot of absolute auctions that auction companies will do are on foreclosure properties or properties that are dilapidated or in very bad shape, and that's not true with this. It's an unusual opportunity for somebody looking for a house. If you need directions, you want to schedule a showing for this one. I'm assuming the Pikeville office will handle that one, Jennifer and her staff. That is correct. 437-2333. You can call and make an appointment. We can meet you there, let you go through the house and look at the house prior to the auction day, see if it's something that you have an interest in, and then you'd be ready to bid on the day of the auction. This one's one. I'm going to follow up with this one just to see how much it goes for, because that one's unique, as you said. That's it. It truly is. Now, moving on, let's go back into the Paintsville-Prestonsburg area. Now, this one is a lease, but it's a commercial lease, and it's a building many people familiar with that area will recognize. That's true. It's the old Rainbow Mobile Homes office building, which is on 321 between Paintsville and Prestonsburg. What's unique here, again, is that it is a commercial property for lease. It's in very good condition. Not only do you have the property itself, the building itself, which is a little over 6,600 square feet, but you've also got up to two acres that go with it where you could do some additional things. You wanted to build an additional building. If you wanted to have a mobile home sales, then you would have a display lot. If you wanted to have a car sales, if for some reason you need a lot of parking, you have parking there available. It's in very good shape. It is a property that can be shown at your convenience, anybody that wants to look at it, we can show it with an appointment made at any time, and it is conveniently located between Paintsville and Prestonsburg. You are basically halfway in between the two, so it could easily be somebody that has a business interest and Prestonsburg could locate here or Paintsville or somebody that's looking for something regional. Right. And then it's interesting that this one is a commercial lease because there are reasons that a lease may be more attractive for some businesses than purchasing, than really taking that leap in purchasing. You may want to test the waters first. This is a perfect opportunity for a new business. Absolutely. A lot of people who get into a new business or maybe they're taking over an existing business and they're a little shy about, am I going to be here five years or ten years from now? They don't want to invest a bunch of money in a property. Then the opportunity to lease for a year or a couple years would give them a chance to kind of get their foot in the water, determine whether or not they want to stay in that business. And then they could get a long-term lease at some point if they wanted to and remain in this location. But they would not be working with a mortgage, trying to make a mortgage payment and be concerned that if their business doesn't work, then what am I going to do with this property? Correct. Now, this is one, Paintsville or Prestonsburg offices, either one. Let's give both of those phone numbers. Sure. Paintsville is 789-8119, Prestonsburg is 886-3939, either one of those offices will have the information and they have keys to the property so they can show the property at their convenience. Right. Just tell them it's the commercial listing, the Old Remo Homes office on Route 321. They'll know exactly what that is. Absolutely. Now that brings us to the point we're going to close the show on today is that services that you guys provide, a lot of people may not be familiar with. So if, like I say for this one example, the one we just talked about, if someone owns a commercial piece of property but they just don't want to go through the hassle of dealing with the renters and collecting the rent, you guys provide that service? Absolutely. The commercial property that we've already talked about, part of the inventory that we have in our property management portfolio, we do property management for strip centers, for townhouses, for apartments, for individuals on rental houses, for all kinds of different property where the property owner perhaps lives out of the area doesn't want to have to come back, use the property to take care of either renting it or doing some kind of maintenance. We take care of all those things for them. And again, we do from very large shopping centers where we are leasing to regional and national tenants, to smaller apartment complexes, townhouse complexes, even individual houses. We'll make sure that the maintenance is done, that the tenants are paying the rent, that you have tenants in those occupancies. And it is a service that we offer that not a lot of real estate companies offer this particular property management type services. And Red Brown and Williams does do that. So if someone is thinking about buying a piece of commercial property, but their only reservation is I don't either want to have the time to deal with it all, but there's such an opportunity there and they're on the fence, you can pretty much take all that hassle away from them. Absolutely. If they're thinking about buying a property, they don't want to manage the property themselves, we can do that. If they already own a property and perhaps they've owned it for a while and they just say, I'm tired, I'm tired of it, I just don't want to do it anymore, then they can turn that property over to us and we can manage that property for them. And at the end of each month, they get a check and do not have any of the other problems that you'd have with rental properties. Which is the perfect case scenario. Right. Okay. Well, I hope that we've given everybody today a lot to think about, from commercial to residential to leases to services that you guys offer. I think, hopefully, your phones are going to start ringing after this show. Absolutely. I hope so. All right. Well, thanks for coming in. I'm going to step out now and let you end with your real estate minute. Thank you. With the sluggish economy and the gloomy outlook from many experts, it's easy to become pessimistic about our future. I would argue just the opposite. The people of East Kentucky have always been an innovative, hardworking and God-fearing people. With our struggles come new opportunities, new direction, new determination, and if we stick together an improving economy and better place for our families. Groups such as One East Kentucky have been formed to promote the people and communities of East Kentucky. Local chambers of commerce, rotary and other clubs, churches and county and city governments are working to make a difference in East Kentucky. Today there is more quality real estate available than ever before. Interest rates are low. Banks are competing for loans. New construction is increasing once again. Do we have a way to go? Absolutely. But the people of East Kentucky are up to the challenge and Red Brownham Williams Real Estate Services is in the fight with you. Please call Red Brownham Williams Real Estate Services for all your real estate, appraisal and auction needs and allow our family to be a part of yours.