SEDAN, MN COMMERCIAL REAL ESTATE - ABSOLUTE SALE - NO RESERVE!! ---5% Buyers Premium---
Lot #1
Item: 9547-2998865

Lowry, MN

This Lot is:

Closed

Thu, Jun 17, 2021 8:30pm CDT

High Bidder: #80755

Current Bid:

$6,200.00

Next Required Bid: $6,300.00

Shipping: Yes
Online Payment: Yes
Location / Contact:
28687 State Hwy 55, Lowry, MN 56349
Phone: 320-283-3250

Lot Description:

SEDAN, MN COMMERCIAL REAL ESTATE - ABSOLUTE SALE - NO RESERVE!!

Commercial building in downtown SEDAN, MN Being sold without reserve

LOCATION:

$6900 Tax Value 



Former highway department garage just North of Rooney's Bar in Sedan, MN. (No official address)

Inspection by appointment only. 

Parcel number: 26-0026-000

Legal Description: Sect - 6 Twp - 124 Range - 36 Lot - 18 Block - 5 SEDAN CITY, ORIGINAL PLAT S1/2 LOT 18, E1/2 LOT 19 BLOCK 5



$1000 Earnest money due with 48 hours of auction closing in person to sign Purchase Contract. 

Closing will be held at Minnewaska Title within 30 days of auction closing.

--ONLY 5% BUYERS PREMIUM--

Commercial Building in the heart of Downtown Sedan, MN. Only a few blocks off of State Highway 55. Great storage building for boats / cars / RV's. 


The city of Sedan DOES NOT HAVE city water or city sewer. This property does not have a well or septic. (NO WATER / SEWER BILL!!!)


Property is sold strictly AS IS, please inspect property. 

  1. AS-IS SALE. The Buyer shall accept the Property "AS-IS", "WHERE-IS", and "WITH ALL FAULTS" as of the closing date and the Buyer specifically agrees that neither the Seller nor the Auctioneer make any representations or warranties of any kind whatsoever, expressed or implied, to the Buyer as to the value, condition or fitness of the Property, environmental or otherwise, or any part thereof or improvements thereon. All descriptions, measurements and acreage provided by the Seller and the Auctioneer are to be used as a guide only. The Buyer acknowledges and agrees that it is the Buyer's sole responsibility to make such legal, factual and other inquiries, inspections and investigations as the Buyer considers necessary prior to bidding on the Property, and Buyer hereby warrants and represents that he shall have satisfied himself as to the location and condition of the Property, and all descriptions with respect thereto, prior to bidding, and that he has had the opportunity to do so. In certain circumstances the Seller will complete and provide a Property Condition Disclosure Statement. If a Property Condition Disclosure Statement is available, the Bidder may view such information.


PLEASE SEE ADDITIONAL TERMS UNDER THE 'TERMS' TAB.

Inspection

Auction Closing:

Thu, Jun 17, 2021
08:30 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
5.00%


This auction is contracted and managed by: MnAutoAuctions.com

Manager: Nicholas Bullick


This auction is contracted and managed by MN Auto Auctions, the Dealer of Record is Minnewaska Motors for titled items in this sale, #DLR38124.

This affiliate accepts Cash, Cashier's Check, Debit and Credit cards up to $5,000. 

All vehicles are sold strictly ‘as is / where is’ - No Warranties; written, verbal, implied, or otherwise.  No refunds, credits, or discounts are offered. - Please inspect this item before bidding - Pick-Up Day is NOT Inspection Day-

It is your responsibility to inspect prior to purchase.  A ‘Test Drive’ does not equal a full mechanical inspection and will not reveal all mechanical issues.  Photographs are considered part of the item description, please use all information provided to you to assess the value of this item before bidding. 

As with all used cars, this car may come with typical used car issues, including minor mechanical issues and past due maintenance.

By placing a bid on this auction you agree to abide by these terms. 

"Paid" Items not picked up within 7 days are subject to a $100 a week storage fee unless prior arrangements have been made. "Paid" items not picked up within 90 days are considered abandoned and will once agin be property of Minnewaska Motors. 


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.

 



28687 State Hwy 55
Lowry
MN, 56349


Phone: 320-283-3250

$99 delivery to anywhere within 30 Miles of Minneapolis. If you wish to have your vehicle delivered please email us at DELIVERY@mnautoauctions.com with your address and we will update your invoice to reflect the exact amount due including delivery. All vehicles that are delivered MUST be prepaid online through the SQUARE app on the K-bid.com website AFTER you email us and we update your invoice. NO CASH OR CHECKS on delivery. 

 

Standard delivery is still available for $2.25 per loaded mile OUTSIDE OF THE METRO AREA. Minimum delivery fee is $150.  WE ALSO SHIP NATIONWIDE!!

Payment in person is preferred due to the likelihood of decreased title transfer fees.

Bid History

64 Bid(s)
Bidder Placed High Bid
80755
Jun 17 08:29pm
$6,200.00
198528
Jun 17 08:28pm
$6,100.00
276711 ^
Jun 17 08:27pm
$6,000.00
80755
Jun 17 08:27pm
$6,000.00
276711 ^
Jun 17 08:25pm
$5,900.00
103841
Jun 17 08:25pm
$5,800.00
276711
Jun 17 08:25pm
$5,700.00
198528
Jun 17 08:21pm
$5,600.00
276711 ^
Jun 17 08:21pm
$5,500.00
198528
Jun 17 08:21pm
$5,427.00
276711
Jun 17 08:14pm
$5,226.00
198528
Jun 17 08:07pm
$5,025.00
276711 ^
Jun 17 07:57pm
$4,875.00
198528
Jun 17 07:57pm
$4,800.00
276711 ^
Jun 17 07:56pm
$4,725.00
198528
Jun 17 07:56pm
$4,650.00
276711 ^
Jun 17 07:22pm
$4,575.00
370092
Jun 17 07:22pm
$4,500.00
276711
Jun 17 06:51pm
$4,225.00
113339
Jun 17 03:20pm
$4,150.00
129388
Jun 17 02:18pm
$4,075.00
113339
Jun 17 11:34am
$3,825.00
330960
Jun 17 11:01am
$3,750.00
113339
Jun 17 07:56am
$3,675.00
272547
Jun 16 11:59am
$3,600.00
129388 ^
Jun 16 11:12am
$3,375.00
272547
Jun 16 11:12am
$3,300.00
129388
Jun 14 05:36pm
$3,225.00
371460
Jun 11 11:13pm
$3,150.00
246138
Jun 10 05:00pm
$3,075.00
113339 ^
Jun 10 04:59pm
$2,825.00
246138
Jun 10 04:59pm
$2,750.00
113339 ^
Jun 10 04:58pm
$2,625.00
246138
Jun 10 04:58pm
$2,550.00
113339 ^
Jun 10 04:57pm
$2,225.00
246138
Jun 10 04:57pm
$2,150.00
113339 ^
Jun 10 04:56pm
$1,725.00
246138
Jun 10 04:56pm
$1,650.00
113339 ^
Jun 10 04:56pm
$1,350.00
246138
Jun 10 04:56pm
$1,275.00
113339
Jun 08 08:06pm
$1,200.00
281967
Jun 05 12:52pm
$1,125.00
113339
Jun 04 08:07am
$1,050.00
273054
Jun 03 10:36pm
$1,000.00
113339
Jun 01 07:52am
$950.00
153991 ^
Jun 01 07:52am
$900.00
113339
Jun 01 07:52am
$900.00
153991
May 27 11:48pm
$850.00
113339
May 26 08:40am
$800.00
372885 ^
May 26 08:40am
$700.00
113339
May 26 08:40am
$650.00
372885
May 26 12:28am
$525.00
113339 ^
May 26 12:27am
$500.00
372885
May 26 12:27am
$500.00
113339
May 25 10:25am
$260.00
153991 ^
May 25 10:25am
$250.00
113339
May 25 10:25am
$250.00
153991
May 25 10:11am
$155.00
113339
May 25 06:16am
$105.00
347749 ^
May 24 09:05pm
$100.00
281967
May 24 09:05pm
$100.00
347749 ^
May 24 04:47pm
$8.77
295464
May 24 04:47pm
$7.77
347749
May 23 07:35pm
$5.00