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IRAY Auction
Foley Commercial Buildings
Real Estate Auction
10:15 AM Tuesday July 29, 2008 in Foley MN, USA 56329 Google Maps
Weather for 'Foley' Minnesota
 
SALE BILL
PDF
Foley Commercial Bulidings

Date & Time: Tuesday, July 29 @ 10:15am
Location: 216 Glen Street, Foley, MN. 56329
Highlights: Photo gallery - Why build new when you can save & move in Quickly?!!

Inspections: Thursday, July 17 & Thursday, July 24 @ 10:00-11:00 am

Click here to see the Auction Flyer (1MByte pdf file)

Click here to see the Map (100KByte pdf file)

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Notes: TOTAL LIQUIDATION
Equipment, Inventory & Vehicles

• Unbelievable Value!
• Commercial Lot with Two Buildings
• 220 Industrial Building * 4,824 Sq Ft
• 216 Industrial Building * 6,756 Sq Ft
• Parcel totals 48,000 Sq Ft or 1.10 Acres/160 Ft Easement
• 400 Amp Service
• Business District Zone
• Can be used as Commercial, Industrial, Retail or Storage
• Great Foley Location and Traffic Flow
• Market Value of $335,000.00 at recent Appraisel
• City Water & Sewer
• MANY COMMERCIAL USE OPTIONS PROVIDE UNLIMITED CASH FLOW POSSIBILITIES
• CREATIVE FINANCING AVAILABLE

Terms: PUBLIC AUCTION

On auction day successful bidder will submit a $10,000 cashiers check for non-refundable down payment, along with an irrevocable bank letter of credit or approved financing documentation.


Broker Participation: Available at 2%, with at least 48 hour notice.
Closing: Approximately 30-45 days after auction. Will accept cash on day of closing.
Buyers Premium: A 10% premium will be added to the high bid. That will equal the total price.
Example: A bid of $100,000 + 10% or $10,000 = $110,000 total price. Buyers Premium to be paid at closing. Asumable financing on $100,000.
Sale subject to owner confirmation

All information stated heron is provided by the owner and IRAY Auction makes no warranty as to its accuracy.
Any announcements day of sale take precedence over any advertised information.
Owners, Auctioneers, Clerks or their helpers are not responsible for accidents.

Directions: From State Hwys 23 & 25, go South on 25 1 block, then take a right on Glen Avenue. Follow 2 blocks to building on left. Follow signs.

Legal Description: Sect 34, Twp 037, Range 029, Foley Industrial Park, Lot-003, Block-004, Benton County, MN

Contact: I.R.A.Y. AUCTION
11935 HWY 95 NE
FOLEY, MN 56329
Phone:877-968-7230 or 320-968-7230
Fax: 320-968-8075
iray@iraymn.com IRAY Auction Web Site

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