New Richland Commercial Building - No Reserve

Gopher Auctions LLC

Gopher Auctions LLC

Auction Location: 137 Broadway Avenue N, MN, New Richland, MN 56072

Phone: 612-888-1181

Lot Categories: Commercial Property (1)

Auction Closed
12/30/2020 07:00 pm

Closed



Showing 1 to 1 of 1 items

Current Bid: $15,400.00
Next Required Bid: $15,500.00
High Bidder: #357829
Began Closing:
Wednesday 12/30/2020
07:00 pm CST

Lot is Closed

 


Auction Details:

Address: 137 Broadway Avenue N, New Richland, MN 56072

Waseca County PID: 15100370

 

***Selling AS IS*** Building needs rehab. Great opportunity to own a building in the heart of town. Upstairs has a 2 bedroom apartment. The downstairs is an office space that could be used for many different businesses, bar, restaurant, storefront, sales office, solon, call center, storage, thrift store and many more! (not zoned for car sales).

 

2020 Yearly tax $76

 

Contact listing agent or your preferred licensed REALTOR if you want to take a look inside. National Realty Guild and Gopher Auctions LLC are not responsible for any injuries or accidents that occur on the property. Property  has been vacant for a several years.

 

  1. There will be a 7% Buyers premium on this Auction instead of the typical 13% 
  2. The BP Cap of $1,000 does not apply to Real Estate Auctions.  
  3. There are no back owed taxes or assessments on this property.
  4. No Buyer Agent Payout from Listing Agent. 
  5. Buyer to pay $495 National Realty Guild Admin fee
  6. Buyer to sign purchase agreement within 24 hours after auction closes. 
  7. $1000 earnest money deposit will be required from the buyer within 48 hours after the auction closes.
  8. Closing date to be on or before 30 days after close of auction
  9. THIS IS AN ALL CASH SALE

 

K-BID is not a party to the transaction and has no involvement in the auction beyond being the venue used to present it to the public.

 

This auction is contracted and managed by: Gopher Auctions LLC and Licensed REALTOR Ryan Rich Moe with National Realty Guild 612-888-1181 MoeNRG@gmail.com 

Address: 137 Broadway Avenue N, New Richland, MN 56072

Waseca County PID: 15100370

 

***Selling AS IS*** Building needs rehab. Great opportunity to own a building in the heart of town. Upstairs has a 2 bedroom apartment. The downstairs is an office space that could be used for many different businesses, bar, restaurant, storefront, sales office, solon, call center, storage, thrift store and many more! (not zoned for car sales).

 

2020 Yearly tax $76

 

Contact listing agent or your preferred licensed REALTOR if you want to take a look inside. National Realty Guild and Gopher Auctions LLC are not responsible for any injuries or accidents that occur on the property. Property  has been vacant for a several years.

 

  1. There will be a 7% Buyers premium on this Auction instead of the typical 13% 
  2. The BP Cap of $1,000 does not apply to Real Estate Auctions.  
  3. There are no back owed taxes or assessments on this property.
  4. No Buyer Agent Payout from Listing Agent. 
  5. Buyer to pay $495 National Realty Guild Admin fee
  6. Buyer to sign purchase agreement within 24 hours after auction closes. 
  7. $1000 earnest money deposit will be required from the buyer within 48 hours after the auction closes.
  8. Closing date to be on or before 30 days after close of auction
  9. THIS IS AN ALL CASH SALE

 

K-BID is not a party to the transaction and has no involvement in the auction beyond being the venue used to present it to the public.

 

This auction is contracted and managed by: Gopher Auctions LLC and Licensed REALTOR Ryan Rich Moe with National Realty Guild 612-888-1181 MoeNRG@gmail.com 

Inspection

Auction Closing:

Wed, Dec 30, 2020
07:00 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
7.00%


This auction is contracted and managed by: Gopher Auctions LLC

Manager: Julius Niskey


  1. There will be a 7% Buyers premium on this Auction instead of the typical 13% 
  2. The BP Cap of $1,000 does not apply to Real Estate Auctions.  
  3. There are no back owed taxes or assessments on this property.
  4. No Buyer Agent Payout from Listing Agent. 
  5. Buyer to pay $495 National Realty Guild Admin fee
  6. Buyer to sign purchase agreement within 24 hours after auction closes. 
  7. $1000 earnest money deposit will be required from the buyer within 48 hours after the auction closes.
  8. Closing date to be on or before 28 days after close of auction
  9. THIS IS AN ALL CASH SALE

 

For Questions call or text Ryan Moe with National Realty Guild ‪(612) 888-1181‬ MoeNRG@Gmail.com

 

By participating in this auction, you release Gopher Auctions, LLC of any liability of damage or injury that may occur on the premises of this auction.   


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.

 



137 Broadway Avenue N, MN
New Richland
MN, 56072


Phone: 612-888-1181

Listing agent will send information to make make earnest money payment after purchase agreement is signed