NCS Concrete Plus Commercial Land Auction

NCS Auction Company LLC

NCS Auction Company LLC

Auction Location: 631 19th ave NE, Saint Joseph, MN 56363

Phone: 320-248-0096

Lot Categories: Commercial Property (1)

Auction Closed
09/24/2019 06:40 pm

Closed



Showing 1 to 1 of 1 items

Current Bid: $30,100.00
Next Required Bid: $30,200.00
High Bidder: #134588

Reserve Not Met

Began Closing:
Tuesday 09/24/2019
06:40 pm CDT

Lot is Closed

 


Auction Details:

Commercial land auction:

This commercial lot #10 is in prime commercial location.

Kurt is retiring and has decided to liquidate his business assets.

 

Viewing will be Monday before auction close.

Call Allen for special arrangements and information of this property.

320-048-0096.

Inspection

Auction Closing:

Tue, Sep 24, 2019
06:40 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
2.00%


This auction is contracted and managed by: NCS Auction Company LLC

Manager: Allen Boecker


This auction is contracted and managed by North Central Services, and they are the Dealer of Record for titled items in this sale, DLR37433.

There is a 2% Buyers Premium that will be added on top of the bid price to establish the purchase price.  Ex:  Bidding closes at $100,000, the purchase price will be $102,000.  

Title transfer and closing will be arranged by Heartland Title Company.

Down Payment earnest money will be set at 20% of bid price.

Down Payment due 2 days after auction closing date.

Certified funds are required.

Property Tax will be prorated. 1st half of 2019 taxes are current and payed.

Closing cost will be split 50/50% per Seller/Buyer.

 


Auction Terms Addendum

This auction is contracted and managed by an independent affiliate. 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 (“Affiliates”) to conduct online auctions.
Affiliates 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.
  • Affiliates may lower reserves at any time:
    • 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 affiliate managing the auction.



631 19th ave NE
Saint Joseph
MN, 56363


Phone: 320-248-0096

Shipping is not available by North Central Services