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




Filtered Results From This Auction:

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 CDT

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 β€ͺ(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.   


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.



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