"REAL ESTATE AUCTION" FORMER FAST FOOD RESTAURANT 615 SOUTH BROADWAY, ROCHESTER, MINNESOTA

Thursday, September 28 - 11:00 AM 1625 S. Broadway Rochester, MN  55902

Property 1 -4,512 Square Foot Building -0.71 Acre Lot -Zoned: Central Development Core-Fringe Area, Convenience/Retail -Across from new Fire Station -Gateway to Downtown Rochester! -Car Count: 25,000/day! A TOTAL OF 4 COMMERCIAL BUILDINGS, FORMER FAST FOOD RESTAURANTS, WILL BE SOLD LOCATED IN ROCHESTER, WINONA, & KASSON, MINNESOTA OTHER LOCATIONS INCLUDE: Property 2: 4107 NORTH HIGHWAY 52 AT 41st EXIT, ROCHESTER, MINNESOTA Property 3: 1215 GILMORE AVENUE, WINONA, MINNESOTA Property 4: 14 EAST VETERANS MEMORIAL HIGHWAY, KASSON, MINNESOTA Excellent High Traffic Locations! Properties will be Sold Individually- Viable for Restaurant or other Business Usage- Redevelopment Opportunities- All remaining equipment will be sold with the respective buildings! REAL ESTATE INSPECTIONS: Both Rochester Locations will be open for inspection on Friday, September 15 and Wednesday, September 27 from 9:00 AM- 11:00 AM. The Winona and Kasson properties will be open for inspection on Friday, September 15 and Wednesday, September 27 from 1:00 PM- 3:00 PM. Other times by appointment. Auction will be held at the LaQuinta Inn, 1625 South Broadway in Rochester, Minnesota Click here to download auction brochure

Directions: Corner of 16th Street and Broadway Avenue S.W.

Payment Info: See Full Terms

Full Terms: $50,000 Certified Deposit for each Rochester Location, $25,000 Certified Deposit for Winona and Kasson, $10,000 Certified Deposit for Property 4-1 due on day of auction with balance due at closing within 30 days. Attorney Jim Ohly of Ohly Law Office, (507)289-4529 will be handling the closing on behalf of the seller. 10% Buyer Premium. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTEES, EXPRESSED OR IMPLIED. Selling subject to owner confirmation. See Bidder Kit for complete terms. In all transactions, Auctioneer is acting as an agent to the Seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made at the auction will take precedence over any material published about this event. BROKER PARTICIPATION: Broker Participation is welcome, but not required. A 2% commission will be paid to a licensed real estate broker who, 1 hour prior to the start of the auction, registers the bidder who pays and settles for the real estate. A broker buying on his behalf, or on the behalf of any business entity in which he holds an interest, is not entitled to a commission.

Click on the image below for photos.