Commercial Building - Princeton, MN Auction

Steffes Group Inc. | Farm Auction
Monday April 08, 20198:00 am | 105 N Rum River Drive Princeton, MN 55371. Princeton, MN. US.
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There are no notes for this auction. Please refer to the salebill for more information


Announcement:Information contained herein is presented on behalf of the seller. Steffes Group Inc., agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions.  All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction.  Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.

Commercial Building Auction! For a detailed Buyer's Prospectus with complete terms and conditions, contact Steffes Group at 320.693.9371, Shelly Weinzetl 763.300.5055, or Eric Gabrielson 701.238.2570.

COMMERCIAL BUILDING

PRINCETON, MN AUCTION

 

LOCATION: From Princeton, MN, 1 mile from the intersection of Hwy 169 & MN 95E, .25 mile south on Rum River Drive. 105 N Rum River Drive, Princeton, MN 55371

OPENS: MONDAY, APRIL 8
CLOSES: TUESDAY, APRIL 16 BEGINNING AT 3:00PM

AUCTIONEER’S NOTE: After years in the business the Ossell’s have decided to retire! This prime piece of real estate has been in the Ossell family for over 60 years. Located just an hour north of the Twin Cities. This Commercial property on Rum River Drive a highly traveled corridor thru Princeton. To be offered at public auction. This is a long-awaited opportunity for any expanding or new business! You have heard the term location, location, location. This is it! This property will be sold to the highest bidder! Opening Bid $137,000. Building last appraised for over $500,000.

Property Information
Year Built 1963
City Street parking in front
Private customer parking lot in back
Prime corner location 3 entrances
Single or Multi-Tenant Building - Building can easily be demised/sub-lease areas
Handicap accessible main level
Well maintained building
Multiple storage rooms in the lower level

County Information
Retail building
10,981 SF per (Realist)
Building area 7,478 (per county records)
Full basement
Zoning B1 Central Business
P.I.D. #: 24-040-0140
Lot size: 0.25 Acre
Taxes 2018: $4,784

TERMS: Ten percent down upon signing purchase agreement, payable by cash or check. Balance due at closing within 60 days (June 2019). This is a 5% premium auction.

For a detailed Buyer's Prospectus with complete terms and conditions, contact Steffes Group at 320.693.9371, Shelly Weinzetl 763.300.5055,
or
Eric Gabrielson 701.238.2570

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