LENDER OWNED AUCTION:
May 7, 2019
Half-Acre Corner Lot
Dodge Center, MN

Tuesday, May 7 4 pm Sealed Bid Deadline

505 3rd Ave NW

Dodge Center, MN 55927

Bidders are Encouraged to View the Property at their Convenience.

.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
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.

Dodge Center Community Development Specialist:
Liz Johnson (507) 374-2575


Also included in the May 7th Sale:
Platted Land (12 Res/3 Comm), Dodge Center, MN
3.81± Acres Development Land, Dodge Center, MN
2.56 ± Acres Development Land, Dodge Center, MN
A & W, Pine Island, MN

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.

Sealed bids will be received by Maas Companies until Tuesday, May 7, 2019 at 4:00 pm CDT. After this time, the seller of the applicable property, in its sole discretion, may either declare one (or none) of the bidders the winner and the auction process ended or may invite the high bidders to participate in a limited live auction. Should the auction process continue to a limited live auction, the event will be held on Friday, May 10 at 11:00 am CDT. Buyers will be able to participate via phone. Buyers are strongly encouraged to submit their highest and best offers by May 7. Neither seller is obligated to accept any bid or offer, and no bid or offer will be binding on a seller until the seller has entered into a fully executed purchase agreement for the property.

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.