Bradeen Real Estate & Auctions

 

Date(s) 10/19/2018 - 10/24/2018

Live webcast bidding will begin on Wednesday, October 24, 2018 at 10:30 AM MDT. Online pre-bidding available beginning on Friday, October 19, 2018. Online Registration Is Open Now.

Past Auction
Bidding Notice:

We highly recommend that any interested bidders visit <mark></mark> and view one of the live "Webcast" auctions before the auction. This is an invaluable way to familiarize yourself with the online bidding process, and to check that you will be able to receive live audio/video on auction day.

Auction Information
Name Custer South Dakota's Historic 1881 Bank Building
Auctioneer
Type Live Webcast Auction
Date(s) 10/19/2018 - 10/24/2018
Auction Date/Time Info
Live webcast bidding will begin on Wednesday, October 24, 2018 at 10:30 AM MDT. Online pre-bidding available beginning on Friday, October 19, 2018. Online Registration Is Open Now.
Preview Date/Time Contact Bradeen Auctions/The Real Estate Center of Custer (1-605-673-2629) for a personal showing OR Auctioneers will be onsite Friday, October 19, from 1-3 pm. Also auction day, Wednesday, October 24.
Checkout Date/Time Successful bidders shall deposit 15% irrevocable earnest money auction day, with the balance due upon closing on or before November 26, 2018. Wiring instructions can be provided upon request.
Location
Buyer Premium No Buyer's Premium Charged
Description
<b><i>Custer South Dakota's Historic 1881 Bank Building</i></b> <h4>ABSOLUTE AUCTION</h4> <b>Real Estate sells at Live Public Auction <mark>Live Online Bidding Available For Those Not Able To Attend In Person, Register Early!</mark> Wednesday · October 24, 2018 ·10:30 AM MDT</b> Live Public Auction held at the property, 548 Mt. Rushmore Rd., Custer SD. Live, online bidding available to Pre-registered bidders. <b>Selling at Absolute Public Auction, without minimum or reserve bid:</b> Custer's iconic 1881 Bank Building located at the highly visible corner of Mt. Rushmore Rd. and 6th St., in the heart of the Custer SD commercial district. The 1835+- sq. ft. main level features the original bank vault w/original deposit boxes, rich oak accents & flooring, period metal ceiling & fixtures, new public restrooms, and much more. The fully restored upper level features 4 impressive rooms & 2 baths with oak & tiled floors, antique banister, etc. The unfinished lower level includes commercial kitchen and much room for storage/expansion with a separate outside entrance. Many recent upgrades include a 400 amp electric service, high efficiency propane micro boiler heating system, steel roof/reseal, large concrete patio w/propane fire pit, custom cabinetry, pluming & electrical, & so much more. Much of the Historic charm of this building has been saved throughout the restoration of this spectacular, multi-use sandstone & brick 1881 Bank Building. Downtown Custer is a flourishing mecca of tourism as well as local trade. The 1881 Bank Building's prime corner lot location, central Main Street (Mt. Rushmore Rd.) adjacent to the Custer Chamber of Commerce, is the hub of Motorcycle Rally, Gold Discovery Days, Car Shows, and local celebrations/activity in the southern Black Hills. The saying "Location, location, location" could not be more prevalent. <b>Auctioneers Note:</b> This is a rare opportunity to purchase a Black Hills trophy property where YOU set the price! This eye catching, historic bank building, rich in history and charm, is perfect for any number of food service, retail, office, Bed/Breakfast or other uses. You may have dreamed over the years of owning such a treasure. . . now is your opportunity! The current owners have chosen the absolute auction method of marketing, giving all a fair & equal opportunity to purchase this sought after property. Do your homework, have arrangements secured and be in attendance (live or online), as this historic icon will sell without minimum or reserve! Broker Participation invited; call for details, required form and deadline. Inspection/open house dates: Contact Bradeen Auctions/The Real Estate Center of Custer for a personal showing OR Auctioneers will be onsite Friday, October 19, from 1-3 pm. Also auction day, Wednesday, October 24. ---REGISTRATION--- If this is your first time bidding online with Bradeen Auctions you will need to create a HiBid user account and register for the auction before you can bid. You will need an email address to create a HiBid user account. Click "Login/New Bidder" on the menu at the top of the page and follow the instruction to create a HiBid user account. You will then need to click "Register to Bid" for the specific auction you intend to bid on. A credit card is required for auction registration to verify the identity of our bidders and to protect the integrity of our bidder's pool. Thank you for your cooperation. If you believe you have registered but have not been asked to enter your credit card information YOU HAVE NOT FINISHED THE REGISTRATION PROCESS. The first lot you bid on will prompt you to enter your credit card information. Please bid early to ensure you are completely registered. ---ONLINE BIDDING--- During live webcast bidding, bids recognized by the Auctioneer take precedence over all other bids. Due to the slight time delay (1-3 seconds) inherent in live online bidding, it is not uncommon for the Auctioneer to recognize a live floor bidder over an online bidder if both bids are placed simultaneously. In the event this does occur, the floor bidder recognized by the Auctioneer is forced into the winning position and the online bidder will no longer be recognized as the winning bidder at that price. The online bidder will then be required to bid the new asking price amount to move into the winning position. Bid Early So You Don't Miss Out! Please take time to read the terms and conditions for this auction before placing any bids. If you have any questions or need further assistance, please contact Bradeen Auctions at (605) 673-2629 or email auctions@bradeenauction.com.
By bidding on the real estate you agree to the following terms. Absolute Auction, selling to the highest bidder without minimum or reserve! Successful bidder shall deposit 15% irrevocable earnest money auction day, with the balance due upon closing on or before November 26, 2018. Sold without buyer contingency of any kind, have financial arrangements secured prior to bidding. Marketable title transferred by warranty deed, subject to easements, restrictions & reservations of record. A policy of title insurance is provided by the Seller and is available for your inspection prior to the auction. Property is held debt/mortgage free. Descriptions and information are from sources deemed reliable, however, neither Seller nor Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property is selling "As-Is, without warranty" of any kind. Inspect to the extent deemed necessary, both on and off premise, and rely upon your own judgement when bidding. Auctioneers/Brokers represent the Seller. Announcements made at the auction take precedence over advertisements or prior representations. Preview Dates/Times: Contact Bradeen Auctions/The Real Estate Center of Custer (1-605-673-2629) for a personal showing OR Auctioneers will be onsite Friday, October 19, from 1-3 pm. Also auction day, Wednesday, October 24. Auction Dates/Times: Live webcast bidding will begin on Wednesday, October 24, 2018 at 10:30 AM MDT. Online pre-bidding available beginning on Friday, October 19, 2018. Online Registration Is Open Now. ---REGISTRATION--- A credit card is required for auction registration to verify the identity of our bidders and to protect the integrity of our bidder's pool. Thank you for your cooperation. If you believe you have registered but have not been asked to enter your credit card information YOU HAVE NOT FINISHED THE REGISTRATION PROCESS. The first lot you bid on will prompt you to enter your credit card information. Please bid early to ensure you are completely registered. ***ONLINE AUCTION DISCLAMER*** When using our online auction services, you are making firm commitments to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason. Nonpaying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. You also acknowledge that the Internet may be an unreliable and error prone network. Bradeen Auctions will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Bradeen Auctions and their employees harmless for any interruptions in online bidding. Further, the auctioneer has the sole discretion to accept or refuse any bid. Bradeen Auctions retains the right, at our sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Bradeen Auction further reserves the right to cancel and/or reopen the auction in the case of system failures. If you have any questions or need further assistance, please contact Bradeen Auctions at (605) 673-2629 or email auctions@bradeenauction.com.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium No Buyer's Premium Charged
Payment Terms
<b>Terms & Conditions:</b> Absolute Auction, selling to the highest bidder without minimum or reserve! Successful bidder shall deposit 15% irrevocable earnest money auction day, with the balance due upon closing on or before November 26, 2018. Sold without buyer contingency of any kind, have financial arrangements secured prior to bidding. Marketable title transferred by warranty deed, subject to easements, restrictions & reservations of record. A policy of title insurance is provided by the Seller and is available for your inspection prior to the auction. Property is held debt/mortgage free. Descriptions and information are from sources deemed reliable, however, neither Seller nor Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property is selling "As-Is, without warranty" of any kind. Inspect to the extent deemed necessary, both on and off premise, and rely upon your own judgement when bidding. Auctioneers/Brokers represent the Seller. Announcements made at the auction take precedence over advertisements or prior representations.
Does Not Apply
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.