Madison MN Commercial Building Auction

Empire Wholesale

Empire Wholesale

Auction Location: 213 6th ave, Madison, MN 56256

Phone: 612-910-5674

Lot Categories: Commercial Property (1)

Begins Closing Thursday
09/25/2025 08:00 pm

Active




Filtered Results From This Auction:

Showing 1 to 1 of 1 items

Current Bid: $1,050.00
Next Required Bid: $1,125.00
High Bidder: #500329
Begins Closing:
Thursday 09/25/2025
08:00 pm CDT

Time Remaining:

2w 5d

 


Auction Details:

Huge 6000 square foot commercial building in the heart of downtown Madison with a large wide open retail space on the main level and an upper level that consists of 4 apartments in need off remodeling on the upper level, all with separate electrical meters. This building is within walking distance of a grocery store, bank, cafe, hardware store and pharmacy.

The Lac qui Peale area is national destination for duck, goose and pheasant hunting in the fall and has incredible fishing all summer. This property would make a great VRBO upstairs for hunters and fishermen or an outdoorsman store on the main level. The property is vacant. Selling with no reserve so this is your chance to invest in an amazing rental space or have your own business and living quarters upstairs, storage, retail store or restaurant.

Property ID# 54-0287-000.   Address of Property: 213 6th ave Madison MN

Agents are welcome to show their clients, call 612-910-5674 to discuss commission.

Empire Wholesale is not responsible for any injuries that may occur at the property and by entering the property you agree to hold harmless Empire Wholesale or Anthony Socher from any lawsuit or claim.

Property will be conveyed by a quit claim deed within 20 business days from full payment on the property. If buyer elects to do a title search or use a closing agent that will be at buyers expense.

Inspection By Appointment Only -

Auction Closing:

Thu, Sep 25, 2025
08:00 pm

Removal:

Mon, Sep 29, 2025 09:00 am thru
Tue, Sep 30, 2025 05:00 pm

Removals are by appointment within the schedule above.

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: 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.

 


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.

 



213 6th ave
Madison
MN, 56256


Phone: 612-910-5674

No shipping available for this auction.