Auction Location: 602 22nd Ave West, Alexandria, MN 56308
Phone: 320-248-0096
Lot Categories: Commercial Property (1)
Auction Closed
03/31/2025 02:00 pm
Closed
Property Auction: 602 22nd Ave W, Douglas County, Minnesota
Don’t miss this unique opportunity to bid on a 1.15-acre property with office/warehouse land use in the First Addition to High View Subdivision. Whether you’re an investor, developer, or business owner seeking expansion, this versatile parcel is ready for your vision.
Building includes a nicely updated office/reception area, mezzanine meeting area and storage, and warehouse space.
OPEN HOUSE/INSPECTION TIMES:
Mon, Mar 24, 2025 10:00 am - 02:00 pm
Fri, Mar 28, 2025 10:00 am - 02:00 pm
Sat,Mar 29, 2025 10:00 am - 02:00 pm
Managing Broker: Integrity Realty 651-333-4848
NCS Auctions - 320-248-0096 Managing Broker: Integrity Realty 651-333-4848 NCS Auctions - 320-248-0096
Property Auction: 602 22nd Ave W, Douglas County, Minnesota
Don’t miss this unique opportunity to bid on a 1.15-acre property with office/warehouse land use in the First Addition to High View Subdivision. Whether you’re an investor, developer, or business owner seeking expansion, this versatile parcel is ready for your vision.
Building includes a nicely updated office/reception area, mezzanine meeting area and storage, and warehouse space.
Mon, Mar 24, 2025 10:00 am - 02:00 pm
Fri, Mar 28, 2025 10:00 am - 02:00 pm
Sat,Mar 29, 2025 10:00 am - 02:00 pm
Managing Broker: Integrity Realty 651-333-4848
NCS Auctions - 320-248-0096
| 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 | |||
|---|---|---|---|
| 10.00% | |||
This auction is contracted and managed by: NCS Auction Company LLC
Manager: Allen Boecker
Register and get approval early! Do not wait until the last minute. Bidding will be extended for 3 minutes with each bid placed.
Bids must be placed in the following format (do not include commas or dollar signs): 700000.00
Approval Required: Interested buyers must fill out the form found here.
Alternatively, you can fill out the attached PDF title "Buyer Form - Terms and Conditions" and send to Chris@K-BID.com. Please contact us with questions.
TERMS AND CONDITIONS
The auction will be conducted by NCS Auctions and Integrity Realty will be acting as managing broker (“NCS/Integry) on behalf of the owner of the real estate (the “Seller”). The real estate offered for sale at auction (the “Real Estate”) is fully described in the Contract for Purchase and Sale, a copy of which is available for inspection from NCS/Integrity.
Earnest funds of $25,000 are due within 24 hours of the close of the auction and is payable via ACH or wire transfer. Winning bidder will be contacted with instructions and purchase agreement.
Closing to take place within 45 days of the auction closing.
Buyer responsible for closing costs, estimated 1.5% - 3% of selling price.
Property taxes to be prorated to close date.
Bidder’s Agreement
Any person who registers or bids at this auction (the “Bidder”) agrees to be bound by these Terms and Conditions, the auction announcements, and, in the event that Bidder is the successful bidder, the Contract for Purchase and Sale. A bid placed by Bidder will be deemed conclusive proof that Bidder has read, understands, and agrees to be bound by these Terms and Conditions.
Property Offered “As-Is”
The Real Estate is not offered contingent upon inspections. The Real Estate is offered at public auction in its present, “as is where is” condition and is accepted by Bidder without any expressed or implied warranties or representations from Seller or NCS/Integrity, including, but not limited to:
It is incumbent upon Bidder to exercise Bidder’s own due diligence, investigation, and evaluation of suitability of use for the Real Estate prior to bidding. It is Bidder’s responsibility to have any and all desired inspections completed prior to bidding, including, but not limited to: roof; structure; termite; environmental; survey; encroachments; easements; covenants; groundwater; flood designation; presence of lead-based paint or lead-based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns; or any other desired inspection. Bidder acknowledges that Bidder has had an opportunity to inspect the Real Estate prior to the auction and that Bidder has either performed all desired inspections or accepts the risk of not having done so. Any information provided by Seller or NCS/Integrity has been obtained from a variety of sources. Seller and NCS/Integrity have not made any independent investigation or verification of the information and make no representation as to its accuracy or completeness. In bidding on the Real Estate, Bidder is relying solely on Bidder’s own investigation of the Real Estate and not on any information provided or to be provided by Seller or NCS/Integrity.
No Warranties from Auction Company
Notwithstanding anything herein to the contrary, to the extent any warranties or representations may be found to exist, such warranties or representations are between Seller and Bidder. NCS/Integrity may not be held responsible for the correctness of any such representations or warranties or for the accuracy of the description of the Real Estate.
Bidder’s Responsibility to Monitor Updates
It is the sole responsibility of Bidder to monitor NCS/Integrity’s website with respect to any updates or information regarding any Real Estate on which Bidder is bidding. Bidder acknowledges that information regarding the Real Estate may be updated or changed on NCS/Integrity’s website at any time prior to the conclusion of bidding, and that Bidder has timely reviewed such Real Estate information or assumes the risk of not having done so.
Buyer’s Premium
There will be a 10% buyer’s premium (with a $2,500.00 minimum) added to the final bid. The buyer’s premium, together with the final bid amount, will constitute the total purchase price of the Real Estate.
Not Contingent Upon Financing
The Real Estate is not offered contingent upon financing or appraisal.
Execution of Contract and Earnest Money Deposit
In the event that Bidder is the successful bidder, Bidder must immediately execute the Contract for Purchase and Sale and tender a nonrefundable earnest money deposit in the form of cash, check, ACH or immediately available, certified funds in the amount set forth by NCS/Integrity, by 4:00 p.m. (CST) on the business day following the auction. In the event that Bidder fails to pay the aforementioned earnest money by the time set forth above, Seller may terminate this Contract and proceed forward with selling the Real Estate to another buyer, in addition to all other rights Seller may have under these Terms and Conditions. The balance of the purchase price will be due in immediately available, certified funds at closing on the specified closing date. The Real Estate must close within 45 days of the date of the auction, or as otherwise agreed to by Seller and Bidder.
Adjustment if Earnest Money Exceeds Purchase Price
In the event the nonrefundable earnest money required to be paid as set forth above is in excess of the purchase price, the earnest money amount shall be reduced to the purchase price, which Bidder will be required to pay under the same provisions as set forth above.
Auction Announcements Take Precedence
Auction announcements, postings, or notifications (as applicable) take precedence over anything previously stated or printed, including these Terms and Conditions.
Conflict with Online Bidding Platform Rules
In the event of a conflict between these Terms and Conditions and any other rules, terms, or agreements governing the use of the online bidding platform, these Terms and Conditions govern.
Terms and Conditions are for Seller’s Protection
These Terms and Conditions, especially as they relate to the qualifications of potential bidders, are designed for the protection and benefit of Seller and do not create any additional rights or causes of action for Bidder. On a case-by-case basis, and at the sole discretion of Seller or NCS/Integrity, exceptions to certain Terms and Conditions may be made.
Irrevocable Offer
Bidder’s bid constitutes an irrevocable offer to purchase the Real Estate, and Bidder will be bound by said offer. If the successful Bidder fails or refuses to execute the Contract for Purchase and Sale, Bidder acknowledges that, at the sole discretion of Seller, these signed Terms and Conditions together with the Contract for Purchase and Sale executed by the Seller are to be construed together for the purposes of satisfying the statute of frauds and will collectively constitute an enforceable agreement between Bidder and Seller for the sale and purchase of the Real Estate.
No Liability for Bidding Errors
It is the responsibility of Bidder to make sure that NCS/Integrity is aware of Bidder’s attempt to place a bid. NCS/Integrity disclaims any liability for damages resulting from bids not spotted, executed, or acknowledged. NCS/Integrity is not responsible for errors in bidding, and Bidder releases and waives any claims against NCS/Integrity for bidding errors.
Authorization to Film or Photograph
Bidder authorizes NCS/Integrity to film, photograph, or otherwise record the voice or image of Bidder (at live events) and any guests or minors accompanying Bidder at this auction or components of the auction process, and to use the films, photographs, recordings, or other information about the auction, including the sales price of the Real Estate, for promotional or other commercial purposes. Bidder also agrees that this information may remain in the public domain for perpetuity. The Real Estate may have audio and/or video recording in use.
Auction Company as Agent for Seller Only
NCS/Integrity is acting solely as agent for Seller and not as an agent for Bidder. NCS/Integrity is not a party to any Contract for Purchase and Sale between Seller and Bidder. In no event will NCS/Integrity be liable to Bidder for any damages, including incidental or consequential damages, arising out of or related to this auction, the Contract for Purchase and Sale, or Seller’s failure to execute or abide by the Contract for Purchase and Sale.
No Liability for Injury or Damage
Neither Seller nor NCS/Integrity, including its employees and agents, will be liable for any damage or injury to any property or person at or upon the Real Estate. Any person entering on the Real Estate assumes any and all risks whatsoever for their safety and for any minors or guests accompanying them. Seller and NCS/Integrity expressly disclaim any “invitee” relationship and are not responsible for any defects or dangerous conditions on the Real Estate, whether obvious or hidden. Seller and NCS/Integrity are not responsible for any lost, stolen, or damaged property.
Bidding Increments
NCS/Integrity reserves the right to establish all bidding increments. Should the Bidder have any request on increments, it is the responsibility of the Bidder to call NCS/Integrity within a reasonable time prior to the conclusion of the auction.
Rejection or Disqualification of Bids
NCS/Integrity may, in its sole discretion, reject, disqualify, or refuse any bid believed to be fraudulent, illegitimate, not in good faith, made by someone who is not competent, or made in violation of these Terms and Conditions or applicable law.
Online Bidding Account Security
When creating an online bidding account, Bidder must provide complete and accurate information. Bidder is solely responsible for maintaining the confidentiality and security of their online bidding account and accepts full responsibility for any use of their online bidding account. In the event that Bidder believes their account has been compromised, Bidder must immediately inform NCS/Integrity (e.g., via the email address provided on the website).
No Warranties for Online Bidding Platform
Bidder uses the online bidding platform at Bidder’s sole risk. NCS/Integrity is not responsible for any errors or omissions relating to the submission or acceptance of online bids. NCS/Integrity makes no representations or warranties as to the online bidding platform’s uninterrupted function or availability and makes no representations or warranties as to the online bidding platform’s compatibility or functionality with Bidder’s hardware or software. Neither NCS/Integrity nor any individual or entity involved in creating or maintaining the online bidding platform will be liable for any damages arising out of Bidder’s use or attempted use of the online bidding platform, including, but not limited to, damages arising out of the failure, interruption, unavailability, or delay in operation of the online bidding platform. K-BID's Website Interruption policy as dictacted on the site terms will determine the resolution to a website interuption during auction close.
Suspension or Extension of Auction
In the event of issues relating to the availability or functionality of the online bidding platform during the auction, NCS/Integrity may, in its sole discretion, elect to suspend, pause, or extend the scheduled closing time of the auction. This will be a timed online auction and absentee bids will be entered into the bidding as they are received. If you leave a maximum bid, the bidding platform will bid up to that amount on your behalf and will only use your maximum/whole bid if necessary.
Improper Use of Online Platform
Bidder may not use the online bidding platform in any manner that violates these Terms and Conditions or applicable law, or in any way that is designed to damage, disable, overburden, compromise, or impair the function of the online bidding platform, the auction itself, or any other party’s use or enjoyment of the online bidding platform.
Bidding on Own Behalf
Bidder represents and warrants that they are bidding on their own behalf and not on behalf of or at the direction of Seller.
Equal Opportunity
The Real Estate is offered for sale to all persons without regard to race, color, religion, sex, handicap, familial status, or national origin.
Binding Effect
These Terms and Conditions are binding on Bidder and on Bidder’s partners, representatives, employees, successors, executors, administrators, and assigns.
Bidder’s Legal Age
Bidder warrants and represents that they are at least 18 years of age and are fully authorized to bid.
Severability
In the event that any provision contained in these Terms and Conditions is determined to be invalid, illegal, or unenforceable by a court of competent jurisdiction, the validity, legality, and enforceability of the remaining provisions of these Terms and Conditions will not in any way be impaired.
Governing Law and Venue
These Terms and Conditions are to be governed by and construed in accordance with the laws of Kansas, without regard to its rules governing conflict of laws. Exclusive venue for all disputes lies in either the Sedgwick County, Kansas District Court or the United States District Court in Wichita, Kansas. Bidder submits to and accepts the jurisdiction of such courts.
Breach of Terms
In the event that Bidder is the successful bidder but fails to comply with Bidder’s obligations as set forth in these Terms and Conditions by 4:00 p.m. (CST) on the business day following the auction, then Bidder will be in breach of these Terms and Conditions, and NCS/Integrity may attempt to resell the Real Estate to other potential buyers. Regardless of whether NCS/Integrity is able to successfully resell the Real Estate to another buyer, Bidder will remain responsible for any resulting damages or losses, in addition to all other rights and remedies available to Seller and NCS/Integrity.
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.
