LENDER OWNED AUCTION MANUFACTURING/DISTRIBUTION WAREHOUSE COMPLEX Crookston, MN
Details
Inspections
Monday, May 9 • noon - 5 pm
Monday, May 23 • noon - 5 pm
Monday, June 13 • noon - 5 pm
Tuesday, June 14 • 9 am - 11 am
Bid Deadline
11:00 AM
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Location
Details
65,000± Sq. Ft.
3 Buildings on 8.5 Acres of Land
Located in the Crookston Industrial Park
371,114 sq. ft. at the intersection of Bruce and 3rd Avenue Southwest
41,490 Sq. Ft. Paved Parking Lot for 80 Cars
Security Fence • City Utilities • Zoned Heavy Industrial
Property is Like New • Excellent Layout for Multiple Tenants!
Pre-Auction Offers for the Entirety will be accepted until Tuesday, May 24.
Auction will be held On Site!
TRACT 1: Building A
38,600 Sq. Ft. Building
Includes 5,000 Sq. Ft. 2nd Story Offices/Locker Room/Break Room
Built in 1985
120’ x 280’ Precast Concrete Building
20’ Ceiling
24’ Walls
5” Concrete Floors
23,000 Sq. Ft. Production Space with Non-Load Bearing Partition at 160’
Storage, Design and Tooling Space
Sprinkler System
Two 2-Ton Overhead Cranes
2 Overhead Doors
1 Loading Dock
TRACT 2: Building B
21,500 Sq. Ft. Heated 120’ x 179’ Steel Building
18' Sidewalls, 21' Center
Built in 1994
5” Concrete Floors
Primary Use Finishing, Shipping/Receiving
Four Overhead Doors with a Double Loading Dock
Bathrooms/Break Room
500 Sq. Ft. Office on Second Floor
TRACT 3: Building C
4,800 Sq. Ft. Pole Building
60’ x 80’ with 15’ Ceiling
Built in 2000
Primary Use Unheated Storage
Single Overhead Door
200 Amp Electrical
Built-In Storage Racking on Sidewalls
TRACT 4: 2 Development Lots
Two Development Lots on 3± Acres to be Sold Together as One Lot
TRACT 5: Entirety Purchase of Tracts 1-4
TRACT 6: Wind Turbine
Non-Operational Wind Turbine to be Removed
Installed in 1987
80 kW
If not sold separately, the wind turbine will be included with Building A.
Buildings A, B, C, Two Development Land Lots, and Wind Turbine to be Sold as Separate Tracts or as an Entirety.
Property will sell whichever way brings the highest dollar.
8% Buyer Premium. Persons must show $25,000 Certified Deposit at time of registration to obtain a bidding number. $25,000 Minimum Certified Deposit due on day of Sale, with a deposit equal to 10% due within 2 business days, and balance due at closing within 30 days. Deposits are non-refundable. Deposit to bid on wind turbine only is not needed. Payment on wind turbine is due within 24 hours.
Selling Subject to Owner Confirmation. Dan Rust, Rust, Stock, Rasmusson & Knutson, P.A. is handling the closing. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms.
In all transactions, auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items 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 auction company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.
Principal Auctioneer Tyler Maas #55-145. Diane Maas, President.
Broker Participation is welcome, but not required. A 2% Commission will be paid to the licensed broker who registers the bidder who pays for and settles for the real estate. A broker buying on his behalf, or on behalf of any business entity in which he/she holds an interest, is not entitled to a commission.
Re: LENDER OWNED AUCTION MANUFACTURING/DISTRIBUTION WAREHOUSE COMPLEX Crookston, MN
To Whom It May Concern: Pursuant to your request, please sign and date this release to receive documents relating to the above noted property. The Seller did not prepare these documents and has no knowledge of their accuracy or completeness. None of the documents shall constitute a representation or warranty of any kind by Seller as to the accuracy or completeness of any information delivered. Accordingly, Seller expressly disclaims any responsibility therefor, including any consequences of any reliance by anyone on them. Please note that the documents and the information contained therein are confidential, and by acknowledging receipt, you agree to keep such information confidential and that you shall not, without the prior written consent of Seller, share any of the documents with anyone other than Potential Buyer and representatives of Potential Buyer who need such information for the purpose of evaluating the premises and who are informed of the confidential nature of the information and also agree to be bound by the terms of this confidentiality provision. By this acknowledgement, you further agree that you will return to me the originals and any copies of the materials forthwith upon demand if the contemplated transaction is not consummated. Please do not hesitate to contact our office with any questions you may have.
