Wednesday, September 14 4:00 pm ET Sealed Bid Deadline
235 5th Street
Gwinn, Michigan 49841

Inspections

by Appointment


Brochure


Description

Property 3: Building 850, Former Hospital
119,588 Sq. Ft.
19.37± acres
Tax Parcel ID: 52-05-266-026-00
Zoned: Industrial 1

This 119,588 Sq. Ft. commercial building sits on 19.37 acres and formerly served as a base hospital for the 900 service members that were stationed at K. I. Sawyer Air Force Base. The base shut down in 1995 and the site is being made available for redevelopment.

The campus like property has two entrances off of 5th Street that lead up the hill into large paved parking areas. A paved service road circles the property. The building is adjacent to the county operated Red Fox Run Golf Course.
This Industrial Zoned property would be the perfect opportunity for someone to redevelop the almost 20 acre site. Look for the fighter jet on display at the property entrance on 5th Street and you will know you are at the right place. Sorry, the fighter jet is not included in the auction.

Additional information is available with the return of this completed release.

Other Properties offered in this Sale:
Primary Auction Listing



View Drone Video of the site:

Map


Broker Participation

Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, at time of registration, registers the bidder who pays for and settles for the real estate. To qualify a broker must attend one inspection with his/her client, assist as needed in the closing process and attend closing. A broker buying on his/her behalf, or on the behalf of any business entity in which he/she holds an interest on behalf of a family member or a family member’s business entity, is not entitled to a commission.


Payment Information

10% Buyer’s Premium. Sealed Bid Offers must be received Wednesday, September 14 at 4 pm ET, accompanied by a $25,000 earnest money deposit (cashier's check or wire) and a completed Sealed Bid Form. Bids must be sent via a traceable courier to Maas Companies Inc at 6923 10 Ave SW, Rochester, MN 55902. Sealed Bids are binding and non-revocable. Suggested Minimum Bid for this Property is $500,000.
An additional (earnest money) deposit is due within 2 business days bringing the total monies in escrow to 20% of the purchase price. Balance due at closing within 30 days. Deposit monies are earnest monies and non-refundable. Deposits of non-winning bidders will be returned immediately following the auction. Attorney Thomas Clark will oversee the closing.

Full Terms

Selling Subject to Owner Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms.

All bids are subject to Seller’s acceptance on or before Thursday, September 15 at 4:00 pm ET. Bidders will be notified of the Sellers decision in writing via email and/or by phone.

In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect the property prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company. Any announcement made/posted/published during the auction process takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision.