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
The land is currently used for displaying landscaping wall and paver systems as well as storing inventory for their operations.

The lot is referred to as Tract 2.
The lot (Tract 2) is adjacent to a 3500sq.ft. commercial building on a .95± acre lot (Tract 1) that will also be sold at the auction.

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. It is currently zoned M-1 and would be suitable for many types of businesses.

Lot dimensions of Tract 2 are 165’ on the east, 222’ on the north and 336’on the south (Pendant Lane frontage).

The owner would be interested in a possible lease back agreement with the new owner.

MANNER OF SALE:
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