Rochester Landscaping Services
Friday, February 1 11:00 AM
1086 Pendant Lane N.W.
Rochester, MN 55901

Description

Property Has Been Declared Surplus to the Ongoing Operations of Rochester Landscaping Services

Built new in 2003 the building has:
1, 600 sq. ft. of office space (40'x40')
1,904 sq. ft. of heated warehouse space (56'x34')
The building sits on a .95± acre lot. The adjacent .77± acre lot will also be sold at the auction.

The office area has vaulted ceilings and a custom paver brick floor in the reception area. The interior walls are not load bearing and can be reconfigured if needed. The current layout includes 5 offices, an open reception area, break area, utility room and a handicap accessible restroom. Each office is wired for computers and phones.

The office area has in-floor heat and central air.

The shop area has three large insulated overhead doors with openers and another handicap accessible restroom. The shop area also has in-floor heat which is on a different zone than the rest of the building.

The property has a large paved parking area with concrete sidewalk and an in- ground sprinkler system for the large yard. The entire site is landscaped with various rocks, mulch, paver brick designs and retaining walls. Many of the walls and shrubs are highlighted by accent lighting. There are several cement product bins outside that were used to store rock and mulch.

Both properties can be seen from busy Highway 14 with car counts of 20,000 cars/day. The property is just west of West Circle Drive.
The property is currently zoned M-1 and would be suitable for many types of businesses. Currently 2 of the offices are rented out and producing income for the owner. The owner would be interested in a possible lease back agreement with the new owner.

MANNER OF SALE:
The Auction will be held on-site.

Tract 1: 3500sq.ft. Commercial Building on .95± Acre Lot.

Tract 2: .77± Acre Lot.

Tract 3: Tracts 1 & 2 as an entirety.

Property will be sold which ever way brings the highest dollar.

REAL ESTATE INSPECTIONS:
Thursday, January 17th 11:00AM-1:00PM
Thursday, January 24th 11:00AM-1:00PM
Thursday, January 31st 11:00AM-1:00PM

Brokers/Agents Welcome!

BROKER PARTICIPATION: A 2% commission will be paid to the licensed real estate broker or agent who, 1 hour prior to the start of the auction, registers the bidder who pays and settles for the real estate. A broker/agent buying on his/her behalf, or on the behalf of any business entity of which he/she holds an interest, is not entitled to a commission.

Directions

West off of West circle Drive N.W. onto 9th Street. Follow 9th Street for several blocks to Pendant Lane. Turn right onto Pendant Lane and proceed straight. Property will be on your right.

Payment Information

See Full Terms.

Full Terms

REAL ESTATE TERMS: 8% Buyer Premium. 20% down on day of auction, balance due at closing on or about 30 days. Buyer to pay $225 closing/administrative fee per tract or $450 total. Attorney Jim Ohly, Ohly Law Office, 507-289-4529 will be handling the closing on behalf of the seller. Real Estate selling subject to owner confirmation. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMMPLIED. 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 that auction takes precedence over any material published about this event. Valid Government issued photo ID required to obtain bidding number. Principal Auctioneer, Tyler Maas #55-060009