SEALED BID AUCTION 30,500 SQ. FT. HISTORIC OPERA HOUSE & MIXED USE BUILDING Staples, MN

Details

Tuesday, September 20 5:00 pm

The Batcher Block Opera House is located downtown Staples, MN, situated off US Hwy 10. Staples is 140 miles northwest of Minneapolis, 75 miles northwest of Saint Cloud, 30 miles west of the Brainerd Lakes Area, and 100 miles Southeast of Fargo, ND. The Opera House is located across from the Amtrak Train Depot. The City of Staples is known for its progressive revitalization of the downtown area.
 

Inspections

Monday, August 29 • noon – 5:00 pm
Tuesday, September 6 • noon – 5:00 pm
Monday, September 19 • noon – 5:00 pm
Other times by Appointment

Bid Deadline

Tuesday, September 20 5:00 pm

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Details

1907 Historic Batcher Block Opera House
418 2nd Ave. NE, Staples, MN
3 Story Historic Brick Building Located Downtown
30,500 Sq. Ft.
9,000 Sq. Ft. Main Floor/Retail Office Space
Large Storefront Windows
11,500 Cars Passing By Per Day – 3 Sides of Building have Hwy 10 View
30 Rooms for Sleeping or Rental: 15 on 2nd Floor, 15 on 3rd Floor
Second Floor Original Ticket Booth
Catering Rooms with Plumbing
13,000 Sq. Ft. Off-Street Paved Parking Lot
6 Bathrooms, 1 Separate Shower Room – New Plumbing
5,000 Sq. Ft. of Original Hardwood Floors Restored
Second Floor and Stairwell Carpeting/ Woodwork/Stained Glass all replaced in 2006
Beautiful Skylight over Main Stairwell
New Glass in 90% of Windows
Original Fresco Painting
City Water & Sewage
Heat/Air New In Lobby and New York Room
New Water Heater on Main Floor
New Water Main in Basement/Sprinkler System Ready
Full Basement, Divided into 4 Sections (Each Section 25’ x 90’)

Theatre Section:
Large Balcony with Original Theatre Seats
Combined Height from Floor to Ceiling is 2 Stories
Original Fresco Painted Walls
Large Stage with Original Lighting and Switchboard
2 Wall Theatre Boxes Overlooking the Opera Hall
Restored Original Wood Floors

Small Cities Grant Money May be Available for Upgrades!
Working with the Minnesota State Historical Society, this Property May be Eligible for Historical Grants/Loans/Tax Credits. Minnesota Legacy Funding is Also Eligible to the New Owners if They Choose to Keep the Listing on the National Register.

MULTI FUNCTIONAL BUILDING! Great Opportunity for Retail Space, Businesses, Developers, Non-Profit Organizations, Art/Music Studios, Nursing Homes, Housing Facilities and More…

New Owners may continue restoration with the National

Historical Register for Historical Grants/Tax Credit opportunities or the Property can be converted outside the Register.

Building History: The 1907 All Original Batcher Block Opera House Theatre area contains the original Fresco painted walls, a large stage, and balcony seating. Seating Capacity Theater Style is 700. In 2004 it was named to the National Register of Historic Places. The current owners brought life back to the building in 2003, re-opening for performances like Louie Anderson, Mickey Rooney and Lamont Cranston. They have given over 10,000 tours and held over 60 shows and private events. The main floor was an existing Antique Mall with over 25 dealers and 7,000 Sq. Ft. of retail. The second and third floors had apartments occupied until the new ownership, at which time it was used as rental space for the local Historical Museum.

AUCTION MANNER OF SALE: Sealed bids will be accepted by Maas Companies. Sealed Bid offers must be accompanied by a first non-refundable deposit of $20,000 along with a fully completed and notarized Bidder Kit. Bids must be delivered via traceable courier to Maas Companies Inc at 6923 10th Ave. SW, Rochester, MN 55902 (507) 285-1444. All bids are subject to Seller’s acceptance. At no time may Bidders revoke their Sealed Bid Offers; deposit monies will be returned to non-winning bidders. The Sealed Bid Auction process is binding and offers are non-revocable. Buyers should request and thoroughly review all documents prior to submitting a sealed bid offer.

 

Recent Features about the Opera House:

#broken

Brainerd Dispatch

Lakeland News

StarTribune

KSTP On the Road

Other Information about the Property:
Colleen's Story (video)

Staples Economic Development Authority

Her Voice Article

Promo Article
 

10% Buyer Premium. Persons must submit $20,000 Certified Deposit payable to the Trust Account of Attorney Terry A. Karkela with Sealed Bid, with a deposit equal to 20% due within 2 business days, and balance due at closing within 30 days. Deposit monies will be returned to non-winning bidders.
 

Real Estate selling Subject to Owner Confirmation. Real Estate is selling AS-IS, WHERE-IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. Attorney Terry Karkela, Svingen, Karkela, & Cline PLLP is overseeing the closing. 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 3% commission will be paid to the licensed broker who, 1 hour prior to the start of the auction, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she hold an interest, is not entitled to a commission.

Re: SEALED BID AUCTION 30,500 SQ. FT. HISTORIC OPERA HOUSE & MIXED USE BUILDING Staples, MN

Tuesday, September 20 5:00 pm

The Batcher Block Opera House is located downtown Staples, MN, situated off US Hwy 10. Staples is 140 miles northwest of Minneapolis, 75 miles northwest of Saint Cloud, 30 miles west of the Brainerd Lakes Area, and 100 miles Southeast of Fargo, ND. The Opera House is located across from the Amtrak Train Depot. The City of Staples is known for its progressive revitalization of the downtown area.
 

Tuesday, September 20 5:00 pm
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.