Wednesday, September 14 4:00 pm ET Sealed Bid Deadline
313, 315, 323, 327, 329, 331, 400 AA Avenue
Gwinn, Michigan 49841

Inspections

by Appointment


Brochure


Description

Property 4: Lower Dormitories, 7 Buildings
23.1± acres total
Tax Parcel ID: 52-05-266-040-00
Zoned: Industrial 1

This site includes 7 former base dormitories and support buildings totaling 139,611 sq. ft. and sits on 23.1± acres of land. There is a large paved parking lot and room to expand to the east.

Building 830:
25,704 Sq. Ft.
Address: 331 AA Avenue

Building 831
25,830 Sq. Ft.
Address: 313 AA Avenue

Building 832
25,704 Sq. Ft.
Address: 315 AA Avenue

Building 833
15,558 Sq. Ft.
Address: 323 AA Avenue

Building 835
15,558 Sq. Ft.
Address: 327 AA Avenue

Building 836
25,704 Sq. Ft.
Address: 329 AA Avenue

Building 837:
5,553 Sq. Ft.
Address: 400 AA Avenue

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.