Auction Items For Sale
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.
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.
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
Handicap accessible main level
Well maintained building
Multiple storage rooms in the lower level
10,981 SF per (Realist)
Building area 7,478 (per county records)
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,
orEric Gabrielson 701.238.2570