Complete Property Liquidation
Lot #1
Item: 4986-1358861

Moorhead, MN

This Lot is:

Closed

Fri, Mar 17, 2017 6:00pm CDT

High Bidder: #229221

Current Bid:

$1,600,000.00

Next Required Bid: $1,601,000.00

Reserve Not Met

Shipping: Yes
Online Payment: Yes
Location / Contact:
600 30 Ave S, Moorhead, MN 56560
Phone: 218-422-9040

Lot Description:

This property was recently closed by the owner. It is 168 unit hotel with 12000 sq. ft. of banquet space, full kitchen, a comedy club and a bar. Property sits on 5.5 acres is someone wanted to re-purpose the site. Inspection by appointment only.

Assessed value is $3,500,000.00

PRIME location at exit 1A in Moorhead MN (I 94 & MN Hwy 75) entire corner has seen new growth with a Walgreens next door and a new Holiday convenience store across the street.

Neighboring property (a little over 1 acre) was purchased for over one million dollars.

Building Size150,610 SFNo. Stories2


Year Built1970
Property TypeHotel & MotelLot Size5.56 AC
Property Sub-typeFull ServiceAPN / Parcel ID58-102-1830
      1. Moorhead Days Inn Building & Land Auction

        Property Location:600 30th Ave S. Moorhead, MN 56560

        Contact  Jack @  218-979-9449

      2.  

      3. Assessed value is $3,500,000.00

      4.  

        10% of winning bid due next day and is none refundable. Seller will provide a free and clear title or the buyers earnest money will be returned. Closing in 60 Days. Subject to bank Approval.

        No buyers premium.

      5. Broker Remax Legacy Realty. Realtor Jack Daniel Steen.

      6. 4342 15th Ave S. Fargo ND 58103

      7. Call Jack @ 218-979-9449

      8.   Pay out 2 % to buyers agent. 

         

      9.  

Inspection

Auction Closing:

Fri, Mar 17, 2017
06:00 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
0.00%


This auction is contracted and managed by: Moorhead Liquidation

Manager: Taylor Olsen


This auction is contracted and managed by Moorhead Liquidation.

This affiliate accepts Visa, Discover, Mastercard, Cash

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.

Any item that has been paid for and left over 30 days will become property of Moorhead Liquidation and put back on auction or disposed of at the discretion of Moorhead Liquidation.

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

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.


This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.  

K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website.  K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.  

K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.

By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.

Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).

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

Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled.  Once a bid is placed it cannot be retracted.

Sellers and their agents are prohibited from bidding on their own assets.

Items with a reserve will not be sold unless the reserve price has been met.

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

Applicable sales tax will be collected by the affiliate managing the auction.  

In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion, K-BID reserves the right to delete any bid we believe has been placed by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until the user is verified. K-BID Online, Inc reserves the right to disallow anybody from bidding on its website. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.

Affiliates may lower a lot reserve at any time before or after an auction closes.  If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice. 

Once an auction begins its closing process, outbid notifications will not be sent.

Once a bid is placed it cannot be retracted.

 



600 30 Ave S
Moorhead
MN, 56560


Phone: 218-422-9040

We can ship any item. Call us at 218-422-9040 for more information.

Bid History

9 Bid(s)
Bidder Placed High Bid
229221
Mar 17 06:00pm
$1,600,000.00
191677
Mar 17 05:58pm
$1,500,000.00
52035
Mar 17 02:45pm
$1,001,000.00
161617
Feb 26 05:07pm
$1,000,000.00
79859
Feb 25 08:27pm
$35,000.00
98118
Feb 25 02:58pm
$30,000.00
82972
Feb 23 04:27pm
$1,125.00
192455
Feb 23 01:11pm
$1,050.00
82972
Feb 23 10:56am
$1,000.00