2 COMMERCIAL PROPERTIES – MICHELE MOREHOUSE ESTATE

FORMERLY BAR – RESTAURANT & REMAINING CONTENTS


Bid to own part of Austin, MN History.  Austin’s Hiawatha Bar & Once Harry’s Cafe!  Selling in 2 Parcels, You are Buying Building & Contents.  All selling at Public Auction – Unless Sold prior to Auction Date! 

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 08/31/19 at 6:00 AM CDT
Ended: 09/15/19 at 1:00 PM CDT
Location: 433 10TH ST NE, Austin, MN 55912

AUCTION

(Live & Online)

SUNDAY SEPTEMBER 15th, 1:00 p.m.  2019 1:00p.m.

431 & 433 10th ST NE

Austin, MN  55912

Auctioneers Note:  Here is your chance to own one or two of Austin, MN Commercial Properties – Formerly Hiawatha Bar & Harry’s Café available at Public Auction!  Most recently operated as Hiawatha Bar & Restaurant, Here is your opportunity to take on your next venture with the purchase of either or both of these Commercial Properties in Austin, MN and fulfill your dreams!  Each parcel metered separately, have restroom facilities and updated HVAC Units within the last 10 years (431 side within the last 2 years).  Visit: www.thompsonauctionservice.com for details and online bidding.

We will sell properties as individual Parcels or as an Entirety. Both Parcels in this auction are sold SUBJECT TO SELLER APPROVAL OF FINAL BID. 

Parcel 1: 431 10th St NE Austin, MN 55912

Legal: RAILROAD ADDITION 34600 024 S29.65FT N75FT LOTS 11 THRU 14 EXC N3.25FT E73.3FT

PIN: 34.600.2731


Detail: Yr Built 1940, 1,813 sq. ft., Kitchen, Dining, Office & Restrooms area, 2019 Mower County Estimated Market Value $58,100, 2019 Property Tax $1,506, Updated HVAC within the last 2 years.

Parcel 2: 433 10th St NE Austin, MN 55912

Legal: RAILROAD ADDITION 34600 024 N48.6FT LOTS 11 THRU 14 EXC N28FT E78.5FT & EXC 3.25FT W26.7FT 

PIN: 34.600.2730

Detail:  Yr Built 1942, 1,260 sq. ft. Bar, Tables, Stools, Sink, Beer Cooler, Restrooms, 2019 Mower County Estimated Market Value $44,500, 2019 Property Tax $984, Updated HVAC within the last 10 years.

Parcel 3:  (Combination of Parcel 1 & 2) Both 431 & 433 10th St NE Austin, MN 55912 

Date of Sale:  Sunday September 15th 1:00 p.m.

Inspection Times:  Sunday, September 1st 1:00-3:00 p.m.  & Wednesday, September 11th 5:30-7:00 p.m.or Call Karena Tufte (507)440-1497 for private appointment.

Buyers Premium: Onsite Buyers Premium of 8% & Online Buyers Premium of 10% applies to purchase(s) based on the high bid and will be added to the highest bid thereby creating the total purchase price for property(s).

Deposit Amount:  A $2,500 Non-Refundable Down Payment is required from Successful Bidder on each property ($5,000 if buying both) and will be applied towards purchase of property.

Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.

Closing:  30-Day closing, sold in As-Is, Where-Is condition, No Contingencies.  Attorney for Sellers: Melanie Leth – WLW Dodge Center – Closing at Dodge Co. Land & Title Co. LLC Dodge Center

Disclaimer:  Information contained herein is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Michele Morehouse – Estate

Auction Conducted & Clerked by: Thompson Auction Service: Col. Dave Thompson (50-114) 507-438-9646 – 2017 Minnesota State Champion Auctioneer – Member: MN State & National Auctioneers Association.  Not responsible for Accidents. 8% Buyers Premium Applies. Everything Sold AS-IS – ALL SALES FINAL! Cash or Good Check accepted for down payment.  Statements made day of Sale take precedence over written materials.

Auction Conducted & Clerked by: Thompson Auction Service: Col. Dave Thompson (50-114) 507-438-9646 – 2017 Minnesota State Champion Auctioneer – Member: MN State & National Auctioneers Association.  Not responsible for Accidents. 8% Buyers Premium Applies. Everything Sold AS-IS – ALL SALES FINAL! Cash or Good Check accepted for down payment.  Statements made day of Sale take precedence over written materials.

431 & 433 10th St NE Austin, MN 55912

From I-90 Take Exit 179 (11th Dr NE), then South West on 11th Dr NE to 8th Ave NE, then West on 8th Ave NE to 10th St NE, then South on 10th St NE, travel approximately 4 blocks to auction location on west side of street.

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Thompson Auction Service

http://thompsonauctionservice.com

26780 541st Ave Lansing, MN 55950

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