"REAL ESTATE AUCTION" TRUSTEE ORDERED SALE 8 COMMERCIAL BUILDINGS, DUPLEX, HOUSE, RE-DEVELOPMENT LAND

Thursday, July 27 - 11:00 AM 1625 S. Broadway Rochester, MN  55902

TRACT 1: 1035 CIVIC CENTER DRIVE NW, ROCHESTER, MN -Building Leased to Pearle Vision through 3/30/2008 -1,360 Sq. Ft. Building -16,920 Sq. Ft. Lot -Zoned B4 Commercial -Triple Net Lease, $3,450/month -DO NOT VIEW BUILDING WITHOUT AN APPOINTMENT TRACT 2: 29 SEVENTH STREET NE, ROCHESTER, MN -Office/Warehouse Building -7,221 Sq. Ft. Building -5,000 Sq. Ft. Lot -Zoned M-1, Light Industrial TRACT 3: 33 SEVENTH STREET NE, ROCHESTER, MN -Residential Office Building -1,853 Sq. Ft. Building -2,622 Sq. Ft. Lot -Zoned M-1, Light Industrial TRACT 4: 705 FIRST AVENUE NE, ROCHESTER, MN -Residential Office Building -792 Sq. Ft. -833 Sq. Ft. Lot Size -Zoned M-1, Light Industrial TRACT 5: 707 FIRST AVENUE NE, ROCHESTER, MN -Residential Office Building with Basement -706 Sq. Ft. -1,012 Sq. Ft. Lot -Zoned M-1, Light Industrial TRACT 6: 709 FIRST AVE NE, ROCHESTER, MN -Parking Lot -26’ x 44’ -1,144 Sq. Ft. TRACT 7: 717 FIRST AVENUE NE, ROCHESTER, MN -Residential Duplex Apartment -1ST Floor 848 Sq. Ft. -2nd Floor 704 Sq. Ft. -58’ x 125’ Lot -With Garage and Basement -Zoned R-3, Residential Apartment TRACT 8: ENTIRETY PURCHASE OF TRACTS 2-7 -Tracts 2-7 will be sold individually and then the properties will be offered as an entirety, whichever way brings the highest dollar! TRACT 9: 722 FIRST AVENUE NE, ROCHESTER, MN -Residential Home -939 Sq. Ft. Home -8,500 Sq. Ft. Lot -Zoned M-1, Light Industrial TRACT 10: 108 EIGHTH STREET NE, ROCHESTER, MN -Commercial Building -1,640 Sq. Ft. Building -4,000 Sq. Ft. Lot -Zoned M-1, Light Industrial TRACT 11: ENTIRETY PURCHASE OF TRACTS 9-10 -Tracts 9 & 10 will be sold individually and then the properties will be offered as an entirety, whichever way brings the highest dollar! INSPECTIONS: Real Estate will be open for inspection on Thursday, July 13 and Wednesday, July 26 from 11:00 AM-2:00 PM. Other times by Appointment. REQUEST A BIDDER KIT FOR COMPLETE TERMS AND DETAILS! AUCTION WILL BE HELD AT THE LA QUINTA INN, 1625 SOUTH BROADWAY, ROCHESTER, MINNESOTA Click here to view Auction Brochure

Directions: S.W. Corner of South Broadway & 16 Street S.W.

Payment Info: BROKER PARTICIPATION: Broker Participation is welcome but not required. A 2% commission will be paid to the licensed real estate broker who, 1 hour prior to the auction, registers the bidder who pays and settles for the real estate. A broker buying on his own behalf, or on the behalf of any business entity in which he holds an interest, is not entitled to a commission.

Full Terms: REAL ESTATE TERMS: Deposit due on day of auction (Tract 1 $20,000; Tract 2 $10,000; Tracts 3, 4, 5, 6, 7, 9, 10 $5,000/each; Tract 8 $35,000, Tract 11 $10,000) with balance due at closing on or about 60 days. Attorney Jim Ohly, Ohly Law Office, 507-289-4529 will be handling the closings on behalf of the Sellers. 8% Buyers Premium. Real Estate selling subject to bank and court approval. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTEES, EXPRESSED OR IMPLIED. See Bidders Kit for Complete Terms. In all transactions, Auctioneer is acting as an agent for 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.

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