Corporate Surplus - 4,039 Sf Building on Strategic Corner St. Peter, MN

Auctioned in conjunction with Grafe Auction/Realty, 800-328-5920, RE Lic. # 146026 | Paul McCartan, RE Lic. # 20596158

Note: Online bidding will close on Thursday, March 20 at 11:00am ET (10:00am CT)

Corporate Surplus - 4,039 Sf Building on Strategic Corner

Former auto parts store just off high traffic US 169/Sioux Trail! Neighboring properties include a new Best Western Plus, modern McDonalds, Speedway, and Dollar General. Site boasts desirable C-4, Highway Commercial zoning, allowing principal uses such as office, auto and equipment sales and service, car wash, convenience store, restaurant, various retail sales, hotel/motel, custom manufacturing and limited warehousing and distribution. Features include:

• Ample paved surface parking
• Ingress/egress onto both W. St Julien Street and Old Minnesota Avenue
• 0.63 Acre site
• +/- 4,039 Square foot building

Parcel ID#: 19.841.0050
2024 Tax Assessment: $309,100
2024 Annual Taxes: $8,026

Note to Buyers: Closing will be handled by Fidelity National Title’s National Commercial Services Division in Phoenix, AZ with Seller paying for Buyer’s title insurance. Closings are normally done remotely.

Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Bill Londrey CAI

Bill Londrey CAI: Tranzon Key

888-621-2110 blondrey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyers Premium: 10% Buyers Premium based on the high bid.
• Closing: 40-Day closing, sold in As-Is condition, no contingencies.
• Deposit Amount: High bidder is required to execute a Contract for Sale and Purchase of Real Estate and remit to Tranzon by close of business the day of the auction. A 10% deposit is due within 24 hours of being notified that you are the successful high bidder.
• Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.