505 3rd Ave NW
Dodge Center, MN 55927

Description

.514 Acre Corner Lot
Currently Zoned Urban / Residential / Res 1-3 Units

The lot previously was home to a single family residence that has since been removed. Should be an easy switch to Commercial Zoning as the neighboring properties along Highway Street are Commercial.
The high traffic corner lot has access off of 3rd Ave and Highway Street. A new Casey's Convenience Store sits on the adjoining corner to the East, along with a Subway on the opposite South East corner.

Parcel Number: 22.126.0010
County: Dodge Center / SD2125
Subdivision: Bakers Addition
Sec-Twp-Rng: 22126
Legal Description: Lot 1 EX BEG AT NWCO, TH S93.15FT, E121FT ALONG S LINE, N7FT, W16FT, N111.95FT W101.
Lot Sq. Ft: 22,377; Acres: .514
Property Taxes: $1,254

Located conveniently between Owatonna and Rochester, Dodge Center is home to many large manufacturing companies and is just minutes to Rochester the home of Mayo Clinic and Destination Medical Center.

Map


Broker Participation

Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, at the time of registration, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she holds an interest, is not entitled to a commission.


Payment Information

10% Buyer Premium. Persons must show $20,000 Certified Deposit at time of registration to obtain a bidding number. $20,000 Minimum Certified Deposit due on day of Sale, with a deposit equal to 20% due within 2 business days, and balance due at closing within 30 days. The Deposit money shall become Earnest Money and is non-refundable. TBD is handling 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.

In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect 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 at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.

Principal Auctioneer, Tyler Maas #55-145; Diane Maas, President.