REAL ESTATE AUCTION 3500 SQ. FT. COMMERCIAL BUILDING ON .95± ACRES Rochester, MN
Details
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
Built new in 2003 the building has:
1, 600 sq. ft. of office space (40'x40')
1,904 sq. ft. of heated warehouse space (56'x34')
The building sits on a .95± acre lot. The adjacent .77± acre lot will also be sold at the auction.
The office area has vaulted ceilings and a custom paver brick floor in the reception area. The interior walls are not load bearing and can be reconfigured if needed. The current layout includes 5 offices, an open reception area, break area, utility room and a handicap accessible restroom. Each office is wired for computers and phones.
The office area has in-floor heat and central air.
The shop area has three large insulated overhead doors with openers and another handicap accessible restroom. The shop area also has in-floor heat which is on a different zone than the rest of the building.
The property has a large paved parking area with concrete sidewalk and an in- ground sprinkler system for the large yard. The entire site is landscaped with various rocks, mulch, paver brick designs and retaining walls. Many of the walls and shrubs are highlighted by accent lighting. There are several cement product bins outside that were used to store rock and mulch.
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.
The property is currently zoned M-1 and would be suitable for many types of businesses. Currently 2 of the offices are rented out and producing income for the owner. The owner would be interested in a possible lease back agreement with the new owner.
MANNER OF SALE:
The 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 3500 SQ. FT. COMMERCIAL BUILDING ON .95± ACRES 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.
