Item 1

"The Little Red Barn on Hwy 22" 40'x50' "Lester's" Barn on 3.19+/- Acres Buildable Platted Lot

Auction Information:
3.19+/- Acres Build-Able Platted Lot - Glencoe, MN
Glencoe, MN 55336
Starts:
8/30/2019 11:00PM
Ends:
9/17/2019 7:00PM
Remaining:
29d 1h
Location: 10XXX MN State Hwy 22, Glencoe, MN 55336. Approx. 1.5 miles NW of Glencoe (NE sid of road).

For more information or a private showing, contact: Greg Witt, REALTOR with Edina Realty at 320.234.0929 or GregWitt@edinarealty.com

This lot has recently been platted and is ready for your new home or business.
  • Includes 40'x50' "Lester's" Painted Metal Barn
  • 12' Sidewalls
  • Full Concrete Floor
  • 12'x12' Overhead Door
  • Service Door
  • Established Lawn & Trees
  • Existing Access to Hwy 22

Note: Personal property not included, wood and other items will be removed.
  • PID #04.085.0010
  • Torrens Property
  • Lot 1, Block 1, Baumann Extension
  • 2019 Real Estate Taxes: $342.00
  • Zoned Agricultural Non-Homestead

No Electric Service, Well, or Septic Currently on the Property

TERMS & CONDITIONS:

Bidder Registration: Although there is no obligation to bid, all prospective buyers MUST register to bid at www.faheysales.com. For assistance in registering call 320.854.3510.
Down Payment: $5,000.00 non-refundable earnest money down on purchase agreement shall be paid within 24 hours from the close of bidding (Tuesday, September 17, 2019).
Closing: Closing on this property shall take place on or before Friday, October 18, 2019. Buyers wishing to close earlier will be accommodated.
Failure to Close by the Buyer: If for any reason you are unable to complete the transaction, your down payment money will be forfeited.
Title: This property will be sold free & clear from any & all liens & encumbrances, but subject to any zoning, environmental, or other municipal, federal & state laws, easements, rights of way or other matters of record. Buyer to accept property in as-is condition.
Seller & Auctioneers Disclaimer: All announcements and updates made by the auctioneer on the website, shall take precedence over any previously written material or oral statements made. Conduct of the auction, increments of the bidding & decisions as to the high bidder will be at the direction & sole discretion of the auctioneer. The information contained in this brochure is subject to the inspection & verification by all parties relying on it; no guarantee, expressed or implied, is given of the information contained in the brochure. No liability for its accuracy, error or omissions is assumed by the owners or the agents. Property sells in "as-is" condition. Buyer will sign an as-is addendum.
Terms: $5,000.00 non-refundable earnest money down on purchase agreement shall be paid within 24 hours from the close of bidding (Tuesday, September 17, 2019). Chas, personal, & company checks or certified funds will be accepted. Balance in full due on or before Friday, October 18, 2019, the date of closing & possession. Buyers wishing to close earlier will be accommodated. Buyers to have financing arrangements made prior to bidding on the auction with no contingencies of any kind accepted in the purchase agreement. A 10% buyers premium applies to this property and shall be made part of the purchase price. Example: $150,000.00 + 10% buyers premium = $165,000.00 sale price. 1031 tax exchange language can be included in the purchase agreement at the buyers request, however, any 1031 tax exchange shall not alter the terms, conditions, or closing date of this transaction.
Taxes: Prorated to day of closing.
Agency Disclosure: Fahey Sales Auctioneers & Appraisers and Edina Realty represent the seller in this real estate transaction. Dual agency may apply.
Referral Fee (Broker Participation Accepted But Not Required): A 1.5% referral fee will be paid to the buyers agent that registers their client with the auction company prior to the client registering and bidding at www.faheysales.com. Broker registration form and instructions can be found there.

*Sells subject to sellers confirmation.*
 
2910 9th Street East
Glencoe, MN 55336
3208543510