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gas station commercial real estate

Bidding ends Monday, December 12, 2011  |  3:00 PM Central
Auction closed.
Internet Premium: 5%
See Special Terms for additional fees
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Description:

gas station, c-store area, repair bay, car wash bay, modern pumps.
Information & Special Terms
Internet Premium: 5%
Payment Options: Wire Transfer
Payment Instructions: $10,000.00 non-refundable earnest money will be paid immediatley following Seller's 24-hr confirmation period, following close of auction, in the form of a wire transfer to Fahey & Associates Inc.'s Trust Account. The sucessful bidder will be required to enter into a written purchase agreement with the Sellers immediatley following the 24-hour confirmation period. A copy of the agreements are available for inspection at the office of the auctioneer. If for any reason, except Seller's default, the bidder fails to close the transaction, the earnest money will be forfeited.
Currency Type: USD
Shipping Instructions:
Preview Date & Times: Inspections by appointment only.
Checkout Date & Times: Closing on the property will take place at the Title Company of the Seller's choice on or before January 17, 2012, the date of closing and possession.
Location: 409 4th St. NW, , Montgomery, MN
Driving Directions: 409 4th St. NW, Montgomery MN. 56069
Special Terms
FINANCING TERMS: $10,000.00 non-refundable earnest money down on purchase agreement immediatley following 24-hour confirmation period following close of auction. The balance in full is due on or before January 17,2012, the date of closing and possession. Buyer to have financing arrangements made prior to the auction with no contingencies of any kind. There will be a 5% buyers premium. The sale of this property is subject to Seller's confirmation within 24-hours of close of auction. CLOSING: Closing on the property will take place at the Title Company of the Seller's choice on or before January 17, 2012, the date of closing and possession. TITLE: The property will be sold free and clear from any and all liens and encumberances, but subject to any easements, restrictions, zoning, environmental, or other municipal, federal, and state laws, right of way, or other matters of record. The Seller will provide the buyer a copy of any owner's title insurance policy for the property, if in Seller's possession or control, to Buyer or Buyer's designated title service provider; and Buyer shall obtain the title services determined necessary or desirable by Buyer or Buyer's lender, including but not limited to title searches, title examinations, abstracting, a title insurance commitment or an attorney's title opinion at Buyer's selection and cost and provide a copy to Seller. TAXES: The real estate taxes due and payable in the year 2012 will be the responsibility of the buyer. Seller shall pay on the date of closing all other special assessments levied as of the day of purchase agreement. PROPERTY PID# 226430060 Phase I Site Assessment dated July 23, 2010, Phase II Site Assessment dated June 14, 2010. Site ID# LEAK00003977 and LEAK00015055. The property will be sold "as-is" Broker participation is available, please call Fahey & Associates Inc. for details. SELLER'S & AUCTIONEERS DISCLAIMER: All announcements made by the auction company prior to the of bidding take precedence over any previously written material or oral ststements made. Conduct of the auction, increments of the bidding, and decision as to the high bidder will be at the sole discretion of the auction company. The information contained in the agreement is subject to verification by all parties relying on it, no gaurentee expressed or implied is given. No liability for its accuracy, error or omissions is assumed by the owners or the agents. The property will be sold "as-is". Fahey & Associates Inc. is representing the Seller in this transaction. Dual agency may apply. The information given is believed to be true and correct to the best of the owner's knowledge. There are no guarantees expressed or implied. All property is sold “AS IS”, and ALL SALES ARE FINAL. Once the auction closes and the purchase agreement is signed, the property becomes the sole responsibility of the buyer. Property is open to thorough public inspection. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Fahey & Associates Inc. may attempt to describe the merchandise in advertising, on the Internet but makes no representations. In no event shall Fahey & Associates Inc. be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. Bidders who bid from off site and do not personally inspect the property prior to auction understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Fahey & Associates Inc. shall endeavor to describe in detail each item and any pertinent information about it. Fahey & Associates Inc. will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item itself. Bidder agrees that everything is sold as is and that they may not return any item they purchase. Fahey & Associates Inc. is providing Internet bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Fahey & Associates Inc. or anyone else if the Internet service fails to work correctly before or during the auction. Fahey & Associates Inc. will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Fahey & Associates Inc. reserves the right to withdraw or re-catalog items in this auction.
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All Items| Closed Items Displaying 1 - 10 of 10

Gas Station

Lot # 1

* PLEASE PLACE ALL BIDS ON THIS LOT, LOTS 2 THRU 10 ARE FOR INFORMATIONAL PURPOSES ONLY* Gas Station, good location on State Hwy 21....more

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C-store Area

Lot # 2

*PLEASE DONT BID ON THIS LOT IT IS FOR INFORMATIONAL PURPOSES ONLY*23ft by 23ft c-store with7 door walk-in cooler and 20ft counter. Nice storage area behind counter w/ 3...more prep sinks.

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Retail Area

Lot # 3

* PLEASE DO NOT BID ON THIS LOT IT IS FOR INFORMATIONAL PURPOSES ONLY *31ft by 24ft carpeted retail area connected to c-store....more

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Repair Bay

Lot # 4

PLEASE DO NOT BID ON THIS LOT IT IS FOR INFORMATIONAL PURPOSES ONLY * 37ft by 17ft6in. Repair bay with approximately 12ft high Overhead Door....more

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Service Area

Lot # 5

* PLEASE DO NOT BID ON THIS LOT IT IS FOR INFORMATIONAL PURPOSES ONLY * 31ft by 24ft service area with overhead door and upstairs parts storage...more

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Wash Bay

Lot # 6

* PLEASE DO NOT BID ON THIS LOT IT IS FOR INFORMATIONAL PURPOSES ONLY *36ft by 17' wash bay with overhead door...more

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Garage Area

Lot # 7

* PLEASE DO NOT BID ON THIS LOT IT IS FOR INFORMATIONAL PURPOSES ONLY * 38ft by 18ft with overhead door...more

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Back Shop Area

Lot # 8

* PLEASE DO NOT BID ON THIS LOT IT IS FOR INFORMATIONAL PURPOSES ONLY * 31ft by 17ft with tire racks...more

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PASSED
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Cold Storage Area

Lot # 9

* PLEASE DO NOT BID ON THIS LOT IT IS FOR INFORMATIONAL PURPOSES ONLY * 38.5ft by 17ft cold storage behind cooler...more

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PASSED
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Upper Level Offices

Lot # 10

* PLEASE DO NOT BID ON THIS LOT IT IS FOR INFORMATIONAL PURPOSES ONLY* Office 1 is 16' by 18' Office 2 is 14' by 12' Office 3 or Reception area is 10' by 13'...more

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