Public Inspections: Tuesday, October 20th and Thursday October 22nd at 5:30-6:30 pm
The town of Santiago’s counsel has a new home and will sell this property ABSOLUTE to the highest bidder. This building is positioned on +/- 2 Acres with the St. Francis River flowing across the back of the property. Many possibilities await the new owners of this historic building.
I.R.A.Y. Auction Specializes in Real Estate and Equipment Auctions. We would be happy to talk with you regarding your property. No Obligation.
Terms:
Successful bidder will submit a $2,500 cashiers check for non-refundable down payment on auction day. Broker Participation: Available at 2%, with at least 48 hour notice. Closing: Approximately 30-45 days after auction. Will accept cash on day of closing. Buyers Premium: A 15% premium will be added to the high bid. That will equal the total price. Example: A bid of $100,000 + 15% or $15,000 = $115,000 total price. Buyers Premium to be paid at closing. Broker: I.R.A.Y. INC. Lic. # 40162860 / Brandon Wiley Lic. # 40165788
Directions:
Directions from Us Hwy 10 between Big Lake and Becker: Take State Hwy 11 north to 20th St SE in Santiago, turn right, building on the left.
Legal: Exempt-That Pt Of SW 1/4 Of NW 1/4 Desc As Follows: Comm At NE Corner Of Said SW 1/4 Of NW 1/4; Thence S 89 Deg 02 Min 16 Sec W, Assumed Bearing, Along N Line Of Said SW 1/4 Of NW 1/4 A Dist Of 330.00 Ft To Pob Of Tract Being Desc; Thence Cont S 89 Deg 02 Min 16 Sec W, Along Said N Line, A Dist Of 223.57 Ft Thence S 02 Deg 17 Min 48 Sec E, Along A Line Which Is Para With E Line Of Said SW 1/4 Of NW 1/4, A Dist Of 445.97 Ft To Pt Of Int With Centerline Of Cty Hwy 64; Thence N 77 Deg 46 Min 39 Sec E, Along Said Centerline, A Dist 226.91 Ft To Pt Of Int With A Line Running S 02 Deg 17 Min 48 Sec E & Para With Said E Line Of SW 1/4 Of NW 1/4, From Said Pob; Thence N 02 Deg 17 Min 48 Sec W, Along Said Para Line, A Dist Of 401.65 Ft To Said Pob Subject To & Together With Easements Of Record
Auctioneer License Information: MN-05-09-003/WI-2490-52
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