Wednesday, August 10 4:00 pm ET Sealed Bid Deadline
Gwinn, Michigan 49841

Inspections

Thursday, July 28 • 9 am to 3 pm
Thursday, August 4 • 9 am to 3 pm

Check-in at the Airport Operations Building, 125 Ave G, Gwinn, to meet with auction company staff and review documentation on the properties.

Other Times by Appointment


Brochure


Description

Property 11: Parcel B1-D, Bare Land
10.82± acres
Tax Parcel ID: 52-05-266-039-00
Zoned: Industrial 1

This parcel is located across the street from the Red Fox Run Golf Course club house and to the East of the Lower Dormitories parking lot, Property 4. The approximate address is the 200 block 5th Street.

Located just 15 minutes southeast of Marquette, the largest city in the Upper Peninsula of Michigan, this “L” shaped property has 298’ of frontage on 5th Street and is ready to be redeveloped by a new owner. Current zoning is listed as Industrial 1.

The land was once part of the K. I. Sawyer Air Force Base which shut down in 1995. Today, K. I. Sawyer is a thriving industrial park/airport with many major companies and families calling it home.

Additional information is available with the return of this completed release.

Other Properties offered in this Sale:
Primary Auction Listing

Property 1: Building 708, SAGE Bldg.
130,000 Sq. Ft., 6± acres
Property 2: Parcel E-24, 77.99± Acres Bare Land, located on M-553, west of runway
77.99± acres
Property 3: Building 850, Former Hospital
119,588 Sq. Ft., 19.37± acres
Property 4: Buildings 830, 831, 832, 833, 835, 836, 837, Lower Dormitories
139,611 Sq. Ft., 23.1± acres
Property 5: Parcel E-22, 221.84± Acres Bare Land
221.84± acres
Property 6: Tailwinds Bar/Restaurant, Former Red Fox Inn, Dormitories, Residences
20± acres
Property 7: Buildings 810/811, South Upper Dormitory Buildings
23,178 Sq. Ft., 4.1± acres
Property 8: Buildings 814/815, North Upper Dormitory Buildings
25,084 Sq. Ft., 4.7± acres
Property 9: Parcel B14-M, 73.72± Acres Bare Land
73.72± acres
Property 10: Building 812, Former Admin. Bldg.
9,562 Sq. Ft., 1.16± acres
Property 12: Building 813, Old Post Office
10,641 Sq. Ft., 2.4± acres
Property 13: Building 819, Old Movie Theater
5,810 Sq. Ft., 1.6± acres
Property 14: Parcel C-52, 6.38± Acres Bare Land, NE of Sidewinder/Fortress St. Intersection (behind homes)
6.38± acres

View Drone Video of the site:


Map


Broker Participation

Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, at time of registration, registers the bidder who pays for and settles for the real estate. To qualify a broker must attend one inspection with his/her client, assist as needed in the closing process and attend closing. A broker buying on his/her behalf, or on the behalf of any business entity in which he/she holds an interest on behalf of a family member or a family member’s business entity, is not entitled to a commission.


Payment Information

10% Buyer’s Premium. Sealed Bid Offers must be received Wednesday, August 10 at 4 pm ET, accompanied by a $2,500 earnest money deposit (cashier's check or wire) and a completed Sealed Bid Form. Bids must be sent via a traceable courier to Maas Companies Inc at 6923 10 Ave SW, Rochester, MN 55902. Sealed Bids are binding and non-revocable. Suggested Minimum Bid for this Property is $60,000.
An additional (earnest money) deposit is due within 2 business days bringing the total monies in escrow to 20% of the purchase price. Balance due at closing within 30 days. Deposit monies are earnest monies and non-refundable. Deposits of non-winning bidders will be returned immediately following the auction. Attorney Thomas Clark will oversee the closing.

Full Terms

Selling Subject to Owner Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms.

All bids are subject to Seller’s acceptance on or before Thursday, August 11 at 4:00 pm ET. Bidders will be notified of the Sellers decision in writing via email and/or by phone.

In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect the property prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company. Any announcement made/posted/published during the auction process takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision.