Online Only Auction
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High Bid: 0.00 USD
0 Bids
Time Remaining: 3d 11h 14m
Soft Close
Shipping Available
Date(s)
2/2/2024 - 4/30/2024
AUCTIONEER INFORMATION
Bidding Notice:

Internet bidding only with soft close. Buy it now price $99,900. Buyer to pay 15% buyers premium and $595 Admin fee on top of final hammer price.

Auction Notice:

Bidding on this auction is a legal and binding contract to purchase. Do your due diligence prior to placing a bid. Selling AS-IS Where-Is. Seller is not removing any debris.


Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead 126 Main St, Lakota, North Dakota 58344
Description
Opportunity is a knocking in Lakota North Dakota! Foreclosed commercial space just minutes from the Devils Lake! Electrical work has been done and just needs to be inspected (according to someone at the city) There appears to be 7 apartments upstairs and 10 office spaces on the main level! Start a business in the store front and rent out apartments upstairs. Maybe an airbnb for fishing and hunting. Indoor storage for outdoorsmen to store their fishing and hunting gear. The possibilities are endless! Estimated 10,000 square feet! Building takes up most of the lot. Utilities have not been turned on, tested or inspected. We have very little information on this property since we purchased as a foreclosure. Open to trades! For sale by owner (I have ownership interest in this property) Owner of Mnaz Auctions LLC has ownership interest in this property and is a licensed REALTOR in Minnesota and Wisconsin
Name Foreclosed Commercial Space Near Devils Lake
Auctioneer
Type Online-Only Auction
Date(s) 2/2/2024 - 4/30/2024
Auction Date/Time Info
Feb 2nd, 2024 - April 30th, 2024
Preview Date/Time Anytime
Checkout Date/Time Payment due on or before May 2nd, 2024
Location
Buyer Premium 15% BP
Description
126 Main St, Lakota, North Dakota 58344 Opportunity is a knocking in Lakota North Dakota! Foreclosed commercial space just minutes from the Devils Lake! Electrical work has been done and just needs to be inspected (according to someone at the city) There appears to be 7 apartments upstairs and 10 office spaces on the main level! Start a business in the store front and rent out apartments upstairs. Maybe an airbnb for fishing and hunting. Indoor storage for outdoorsmen to store their fishing and hunting gear. The possibilities are endless! Estimated 10,000 square feet! Building takes up most of the lot. Utilities have not been turned on, tested or inspected. We have very little information on this property since we purchased as a foreclosure. Open to trades! Manz Auction LLC Owner Ryan Rich Moe is a Licensed REALTOR in Minnesota/Wisconsin with National Realty Guild and has ownership interest in this property.
THIS IS BEING SOLD AS-IS, WHERE-IS! DO YOUR DUE DILIGENCE BEFORE BIDDING ON THIS PROPERTY Seller has not had any land surveys done and makes no warranties on the boundaries / property lines (1) There will be a 15% Buyer's Premium on the auction. (2) The back taxes owed will be paid by the seller in order to transfer deed. (3) No Buyer Agent Payout. (4) Full payment from buyer due within 72 hours after the auction closes. (5) Seller will file a Warranty Deed with the county after full payment is made. (6) Buyer to pay $595 admin fee on top of the final hammer price and buyer premium. (7) Seller will NOT remove any debris or personal property (8) Seller makes no guarantee on personal property seen on site or in photos. Manz Auction Owner and seller of the property Ryan Rich Moe is a Licensed REALTOR in Minnesota with National Realty Guild
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 25,000.00 250.00 USD
25,000.01 - 97,500.00 1,000.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 15% BP
Payment Terms
Payment to be made to American Real Estate Recovery LLC via certified funds or wire transfer.
Seller to file deed with county once payment is received
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.