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WARBA LIQUOR STORE REAL ESTATE AUCTION DO-BID.COM ONLINE AUCTION - CLOSED
Date & Time: ONLINE AUCTION STARTS CLOSING - THURSDAY, AUGUST 22, 2019 AT 7:30 P.M. CST
Location: PROPERTY LOCATION:
104 BRIDGE STREET
WARBA, MN 55793

Highlights: "Absolute Auction" Being Sold To The Highest Bidder! No Minimum & No Reserve!!

Attention Business Investors! ANOTHER AMAZING HWY 2 LOCATION - HIGH TRAFFIC COUNT!!
A great opportunity to buy this business property and be part of the wonderful Warba community!

This LARGE 70ft. x 25'6"(+/-) is a Historic Brick Building located in the Fabulous city of Warba, MN! Formerly the bank this building has a Concrete Vault, basement, 200amp Electric and more! The City of Warba is ready for your business! Come View, inspect and prepare to Bid! This Business Location will have a new owner, it could be you!

Cooperating agents must
pre-register with
Don Oberfoell
218-735-8619 Edge Properties
don@do-bid.com


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Categories: CLICK HERE TO VIEW AND BID (1)
Notes: INSPECTION:

Thursday, August 15, 2019 FROM 1:00 P.M. to 4:00 P.M.
Sunday, August 18, 2019 FROM 1:00 P.M. to 4:00 P.M.
Thursday, August 22, 2019 FROM 2:00 P.M. to 4:00 P.M. (The day the Auction starts to Close.)

If you have questions on this property or would like an auctioneer show you the property, please call Don at 218-735-8619.

PAYMENT:
TERMS: $2,500.00 down within 72 hours of close of the sale, balance due within 30 days.

PROCEDURE:
Online Bidding Only. The auction will start to close at 7:30 PM Thursday,
August 22, 2019
. In addition
there will be Extended Bidding, which means items that have bids placed
within 5 minutes of its closing time, the time will extend for 5 minutes.
This will continue until there is no activity for 5 minutes.

Terms: The property is to be sold in "As is Where is" condition. All information and Dimensions are believed correct but are not guaranteed. Buyers shall rely on their own Information, judgment, and inspection of the Property

BIDS CANNOT BE RETRACTED ONCE PLACED.

PROPERTY CONDITION, DISCLAIMER, AND ABSENCE OF WARRANTIES:
This property is selling subject to any existing right-of-way easements, reservation of any mineral rights to the State of Minnesota, encroachments, zoning regulations, governmental agencies regulation, leases, deed restrictions, and any applicable state or local laws.
This property is selling "as is" condition without warranties, guarantees or representation of any, either expressed or implied. Neither the Seller, its attorneys, any broker nor the Auction company personnel shall be liable for any damages, rescission, reformation, allowance, or adjustment based on the failure of the property, appliances, square footage, zoning, floor plans, ect., to conform to any specific standard or expectation.

It is the purchasers responsibility to conduct his/her own independent inspections, investigations, inquiries, and due diligence concerning the property offered for sale. Information is subject to verification by all parties relying on it. All information and dimensions were derived from sources believed correct, but are not guaranteed.

LISTING BROKERAGE:
Edge Properties

ONLINE AUCTION FACILITATOR:
Oberfoell Auctioneers/Do-bid.com

REAL ESTATE TAXES:
Taxes due and payable in the year of closing shall be prorated to the date of closing.

TITLE:
Seller shall deliver an insurable title with no liens. Seller shall provide a general warranty deed.

CLOSING AGENT:
Sellman Law Office
Hibbing, MN

POSSESSION:
The day of closing.

BUYER'S PREMIUM:
There will be a 10% buyer's premium added to the high bid amount. The high bid amount plus the 10% buyer's premium equals the purchase price.

WINNING BIDDER:
In the event you are the winning bidder, a down payment in the amount of $2,500 and a signed Real Estate purchase agreement will be due within 72 hours of Auction Close. Balance due in 30 days of Auction Close or before as set forth in the Real Estate purchase agreement. Down payment must be made payable to "Edge Properties Trust". In the event the purchaser fails to close, the down payment will be retained by the Seller as liquidated damages.

You must read our terms and conditions and register before bidding on this Auction.

At The Close of The Auction Active Items Will Remain Open Until No Bids Have Been Received for Five Minutes.

Directions:
Contact: Do-Bid.com
4937 Spirit Lake Rd
Mountain Iron MN 55768
Phone: 800-843-3050 or 218-735-8619
Fax: 218-735-8564
info@do-bid.com Web-page
Bidder number Password

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