SEALED BID AUCTION: Former K. I. Sawyer Air Force Base – Property 3
Details
235 5th Street
Gwinn, Michigan 49841
Inspections
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
Bid Deadline
Wednesday, August 10 4:00 pm ET Sealed Bid Deadline
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Location
Details
Property 3: Building 850, Former Hospital
119,588 Sq. Ft.
19.37 acres
Tax Parcel ID: 52-05-266-026-00
Zoned: Industrial 1
This 119,588 Sq. Ft. commercial building sits on 19.37 acres and formerly served as a base hospital for the 900 service members that were stationed at K. I. Sawyer Air Force Base. The base shut down in 1995 and the site is being made available for redevelopment.
The campus like property has two entrances off of 5th Street that lead up the hill into large paved parking areas. A paved service road circles the property. The building is adjacent to the county operated Red Fox Run Golf Course.
This Industrial Zoned property would be the perfect opportunity for someone to redevelop the almost 20 acre site. Look for the fighter jet on display at the property entrance on 5th Street and you will know you are at the right place. Sorry, the fighter jet is not included in the auction.
Additional information is available with the return of this completed release.
Other Properties offered in this Sale:
Primary Auction Listing
Building 708, SAGE Bldg.
130,000 Sq. Ft., 6 acres
Property 2:
Parcel E-24, 77.99 Acres Bare Land, located on M-553, west of runway
77.99 acres
Property 3:
Building 850, Former Hospital
119,588 Sq. Ft., 19.37 acres
Property 4:
Buildings 830, 831, 832, 833, 835, 836, 837, Lower Dormitories
139,611 Sq. Ft., 23.1 acres
Property 5:
Parcel E-22, 221.84 Acres Bare Land
221.84 acres
Property 6:
Tailwinds Bar/Restaurant, Former Red Fox Inn, Dormitories, Residences
20 acres
Property 7:
Buildings 810/811, South Upper Dormitory Buildings
23,178 Sq. Ft., 4.1 acres
Property 8:
Buildings 814/815, North Upper Dormitory Buildings
25,084 Sq. Ft., 4.7 acres
Property 9:
Parcel B14-M, 73.72 Acres Bare Land
73.72 acres
Property 10:
Building 812, Former Admin. Bldg.
9,562 Sq. Ft., 1.16 acres
Property 11:
Parcel B1-D, 10.82 Acres Bare Land, located east of Lower Dorms Parking Lots
10.82 acres
Property 12:
Building 813, Old Post Office
10,641 Sq. Ft., 2.4 acres
Parcel C-52, 6.38 Acres Bare Land, NE of Sidewinder/Fortress St. Intersection (behind homes)
6.38 acres
View Drone Video of the site:
10% Buyers Premium. Sealed Bid Offers must be received Wednesday, August 10 at 4 pm ET, accompanied by a $25,000 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 $500,000.
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 3
235 5th Street
Gwinn, Michigan 49841
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.
