No Reserve!! Commercial Building on Main Street in Walnut Grove MN Home of Laura Ingalls Wilder
Lot #2
Item: 3b1c-1064559

Lamberton, MN

This Lot is:

Closed

Sun, Jul 31, 2016 8:16pm CDT

High Bidder: #220080

Current Bid:

$2,150.00

Next Required Bid: $2,225.00

 
Location / Contact:
410 S Fir Street, Lamberton, MN 56152
Phone: 612-910-5674

Lot Description:

This is your chance to own a commercial building on Main Street in Walnut Grove MN which is the Home of Laura Ingalls Wilder and attracts thousands of visitors to town for The Laura Ingalls Wilder Museum and Little House on the Prairie, the Summer Festival attracts around 50,000 visitors every summer! You can just Google Walnut Grove MN and see how many tourists are attracted to this area every year.

This building is 2 stories and was previously set up as an apartment upstairs and a commercial space below, There is water damage in the interior from a leak in the roof but this location would make it worth gutting and remodeling, this building is only one building away from the park where the Summer Festival is held and right next to the Bar and Grill. This would make an excellent location for a souvenir shop, convenience store, restaurant, cafe, etc.

The building is located at 691 Main Street Walnut Grove MN 56180

This Building is sold as is/where is and it is the buyers responsibility to inspect the Building prior to the Auction closing, This Property is selling with No Reserve so the Highest Bidder Wins! Buyer will receive a quit claim deed once paid in full.

 This Auction only has a 5% Buyers premium instead of the usual 10%

Buyer of the Building or House must be paid in full within 7 days of Auction close (August 6th 2016)

5% Buyers Premium will be added to winning bid. Ex: $30,000 winning bid will pay a $1500 buyers premium.

Winning bidder will receive a notarized quit claim deed to the property when paid in full.

This Auction has a low Reserve so the highest bidder over the reserve Wins!

Building and House are sold As Is/Where is.

Empire Wholesale and Anthony Socher are not legally responsible for an injuries that may occur on the property at any time.

Inspection

Auction Closing:

Sun, Jul 31, 2016
08:15 pm

Removal:


Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00 $1.00
$75.01 - $150.00 $5.00
$150.01 - $250.00 $10.00
$250.01 - $500.00 $25.00
$500.01 - $1,000.00 $50.00
$1,000.01 - $5,000.00 $75.00
$5,000.01 - $50,000.00 $100.00
$50,000.01 - $75,000.00 $250.00
$75,000.01 - $100,000.00 $500.00
$100,000.01 - $2,500,000.00 $1,000.00

Buyer's Premium
5.00%


This auction is contracted and managed by: Empire Wholesale

Manager: Tony Socher


This auction is contracted and managed by Empire Wholesale.

This affiliate accepts Cash, Credit card up to $5000, Cashier's Check.

By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms.  For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.

Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

There is a 13% BUYERS PREMIUM (13% BP) on this auction. All NON-Credit/Debit Card payments MADE IN-FULL (invoiced amount) will receive a 3% Reduction in BUYERS PREMIUM (10% BP).

Applicable Minnesota Sales Tax will be collected.

At the close of the auction active items will remain open until no bids have been received for three minutes.

IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid.


Auction Terms Addendum

This auction is contracted and managed by an independent auctioneer. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.

Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies to conduct online auctions.
They are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.

Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.

  • Bidders are responsible for all activity under their account.
  • Account information and passwords must not be shared.
  • All bids are binding and may not be retracted.

Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.

Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.

Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.

Auction Process

  • Items with a reserve will not sell unless the reserve price is met.
  • Reserves may be lowered at any time at the independent auction company's discretion:
    • During the auction: updated reserve status will be displayed.
    • After closing: the highest bidder may be awarded the item if the reserve is lowered.
  • At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
  • Outbid notifications are not sent once an item enters the closing process.

Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.

If bidding privileges are suspended due to unpaid invoices:

  • Reinstatement is at K-BID’s discretion
  • Requires payment of:
    • 20% penalty on unpaid invoice(s)
    • $25 reinstatement fee
  • A valid government-issued ID must be provided
  • Unpaid items will not be awarded

Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.

Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.

Sales Tax
Applicable sales tax will be collected by the independent auction company managing the auction.



410 S Fir Street
Lamberton
MN, 56152


Phone: 612-910-5674

No shipping available for this auction.

Bid History

35 Bid(s)
Bidder Placed High Bid
220080
Jul 31 05:48pm
$2,150.00
214750
Jul 30 05:13pm
$2,075.00
220080 ^
Jul 30 05:09pm
$2,000.00
214750
Jul 30 05:09pm
$2,000.00
220080 ^
Jul 30 05:09pm
$1,775.00
214750
Jul 30 05:09pm
$1,700.00
220080
Jul 30 01:22pm
$1,575.00
24985 ^
Jul 30 01:22pm
$1,500.00
220080
Jul 30 01:22pm
$1,500.00
24985 ^
Jul 30 01:22pm
$1,375.00
220080
Jul 30 01:22pm
$1,300.00
24985 ^
Jul 30 01:21pm
$1,050.00
220080
Jul 30 01:21pm
$1,000.00
24985 ^
Jul 30 01:21pm
$950.00
220080
Jul 30 01:21pm
$900.00
24985 ^
Jul 30 01:20pm
$750.00
220080
Jul 30 01:20pm
$700.00
24985 ^
Jul 30 01:20pm
$650.00
220080
Jul 30 01:20pm
$600.00
24985 ^
Jul 29 02:12pm
$525.00
235644
Jul 29 02:12pm
$500.00
24985 ^
Jul 24 01:36am
$375.00
47965
Jul 24 01:36am
$350.00
24985 ^
Jul 21 12:45pm
$325.00
233028
Jul 21 12:45pm
$300.00
24985 ^
Jul 21 12:44pm
$210.00
233028
Jul 21 12:44pm
$200.00
24985 ^
Jul 21 12:44pm
$155.00
233028
Jul 21 12:44pm
$150.00
24985 ^
Jul 20 08:12pm
$105.00
233028
Jul 20 08:12pm
$100.00
24985 ^
Jul 20 08:12pm
$11.00
233028
Jul 20 08:12pm
$10.00
24985
Jul 20 04:14pm
$3.00
211169
Jul 19 03:27pm
$2.00