Lake Shore Lot on Park Point Duluth

Empire Wholesale

Empire Wholesale

Auction Location: minnesota avenue and 38th street, Duluth, MN 55802

Phone: 612-910-5674

Lot Categories: Land/Lots (1)

Auction Closed
02/17/2019 08:00 pm

Closed




Filtered Results From This Auction:

Showing 1 to 1 of 1 items

Current Bid: $16,000.00
Next Required Bid: $16,100.00
High Bidder: #285340

Reserve Not Met

Began Closing:
Sunday 02/17/2019
08:00 pm CDT

Lot is Closed

 


Auction Details:

40 feet of lake shore on Superior Bay, located on the famous Park Point in Duluth MN. Take a short bike ride down the road to watch the ships come in under the lift bridge, have lunch at many of the restaurants and bars, or just watch the ships roll into the bay right from your own lake shore lot. This lot faces south and provides breath taking sunsets over the city of Duluth and Superior Wisconsin located right across the Bay.

The lot is not deep enough to be built on but could be combined with another lot on park point for lake shore access, in fact there is a buildable lot for sale right across the road or maybe you just want to have a dock on the lake this upcoming summer. Contact the city of Duluth about the possibility of a Camper on the lot. Either way you can't go wrong owning property on this beautiful Minnesota tourist destination!

A Red Sign will be on the property, The closest intersection will be Minnesota Avenue and 38th Street.

There will be a sign on the lot in order for you to locate the property.

Buyer of this Land must be paid in full within 10 business days of Auction close.

5% Buyers Premium will be added to winning bid. Ex: $10,000 winning bid will pay a $500 buyers premium.

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

This Auction has a very low Reserve.

Land is 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, Feb 17, 2019
08:00 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

Hammer Price TierBuyer's PremiumCap
$0.00 - $4,999.99 13.00%
$5,000.00 - infinity 10.00%$1,000.00


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.

 


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.



minnesota avenue and 38th street
Duluth
MN, 55802


Phone: 612-910-5674

No shipping available for this auction.

Online payment will not be an option for this Auction.