REAL ESTATE AUCTION .77± ACRE COMMERCIAL LOT Rochester, MN
Details
Inspections
REAL ESTATE INSPECTIONS:
Thursday, January 17th 11:00AM-1:00PM
Thursday, January 24th 11:00AM-1:00PM
Thursday, January 31st 11:00AM-1:00PM
Bid Deadline
Friday, February 1 11:00 AM
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Location
Details
Property Has Been Declared Surplus to the Ongoing Operations of Rochester Landscaping Services
The land is currently used for displaying landscaping wall and paver systems as well as storing inventory for their operations.
The lot is referred to as Tract 2.
The lot (Tract 2) is adjacent to a 3500sq.ft. commercial building on a .95± acre lot (Tract 1) that will also be sold at the auction.
Both properties can be seen from busy Highway 14 with car counts of 20,000 cars/day. The property is just west of West Circle Drive. It is currently zoned M-1 and would be suitable for many types of businesses.
Lot dimensions of Tract 2 are 165’ on the east, 222’ on the north and 336’on the south (Pendant Lane frontage).
The owner would be interested in a possible lease back agreement with the new owner.
MANNER OF SALE:
Auction will be held on-site.
Tract 1: 3500sq.ft Commercial Building on .95± Acre Lot.
Tract 2: .77± Acre Lot.
Tract 3: Tracts 1 & 2 as an entirety.
Property will be sold which ever way brings the highest dollar.
See Full Terms
REAL ESTATE TERMS: 8% Buyer Premium. 20% down on day of auction, balance due at closing on or about 30 days. Buyer to pay $225 closing/administrative fee per tract or $450 total. Attorney Jim Ohly, Ohly Law Office, 507-289-4529 will be handling the closing on behalf of the seller. Real Estate selling subject to owner confirmation. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMMPLIED. See Bidders Kit for complete terms. In all transactions, Auctioneer is acting as an agent for the Seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made at that auction takes precedence over any material published about this event. Valid Government issued photo ID required to obtain bidding number. Principal Auctioneer, Tyler Maas #55-060009
Brokers/Agents Welcome!
BROKER PARTICIPATION: A 2% commission will be paid to the licensed real estate broker or agent who, 1 hour prior to the start of the auction, registers the bidder who pays and settles for the real estate. A broker/agent buying on his/her behalf, or on the behalf of any business entity of which he/she holds an interest, is not entitled to a commission.
Re: REAL ESTATE AUCTION .77± ACRE COMMERCIAL LOT Rochester, 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.
