Gwinn, Michigan 49841
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
Wednesday, August 10 4:00 pm ET Sealed Bid Deadline
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
10% Buyers 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.
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 Sellers 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.
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 members business entity, is not entitled to a commission.
Re: SEALED BID AUCTION: Former K. I. Sawyer Air Force Base – Property 11
Gwinn, Michigan 49841
Wednesday, August 10 4:00 pm ET Sealed Bid Deadline