Barnes County, ND
11844 51st Street SE
Kathryn, ND 58049
15.11
Acres M/L
AUCTION
Listing #17028
Contact
Lindsey Brown
701.371.5538
Lindsey@PeoplesCompany.com
View Agent's Listings
PROPERTY INFO
Description
Peoples Company and RE/MAX Now are pleased to offer, at a public Online Only Auction, the City of Kathryn school building and the property it sits on, located on the southeast side of Kathryn, ND. The property includes a 12,000 sq ft +/- building on 15.11 acres. The building features a large open atrium with a vaulted ceiling in the center, with 5 smaller rooms around the outside that could serve as offices or individual rooms. There is a kitchen area that will include 2 stoves, 2 fridges, and 1 freezer. (All desks, chairs, and personal property will not be included as part of the sale).
This building and property have limitless potential. It has been rented out to Valley City State University for office space, but it could also be used as a business center, hunting lodge, Airbnb property, or a bed and breakfast.
Kathryn is close to Valley City, ND with only a 20-minute drive.
The online auction will open for bids on September 27, 2023, and will close on October 2, 2023 at 2 p.m. CST.
Please contact Lindsey Brown at 701-371-5538 or Lindsey@PeoplesCompany.com or James Jensen at 701-730-0104 or James@nowrealtynd.com
Legal Description
A tract of land lying in the Southwest Quarter (SW¼ of Section Fourteen (14) in Township One Hundred Thirty-seven (137) North of Range Fifty-eight (58) West of the Fifth Principal Meridian, in Barnes County, North Dakota, and more particularly described as follows: Beginning at the southeast corner of said Southwest Quarter SW¼), said point being the point of beginning; thence North along the east line of said Southwest Quarter (SW¼) 633 feet; thence West and parallel to the south line of said Southwest Quarter (SW¼) 1040 feet; thence South and parallel to tile east line of said Southwest Quarter (SW¼) 633 feet to the section line; thence East along the section line 1 040 feet to the point of beginning. Said tract contains 15.11 acres. more or less.
The exact legal description will be taken from the abstract or title work.
- Sign On Property: Yes
- Parcel Number: 52-0400160
- General Area: Kathryn
- Online Bidding: Yes
- Auction Date: Sep 27, 2023
- Possession: At closing
- Terms: Cash or Conventional
Directions
From Valley City, ND at the intersection of Interstate 94 (Exit 292) and County Road 21 (117th Ave SE), drive south on County Road 21 for 16.3 miles to the city of Kathryn, then left onto 1st Ave and drive SE for 1 mile. (1st Ave will turn into 6th St) Watch for the People Company and RE/MAX Now signs.
Auction Details
How to Bid? Online Only Auction
Open up the Peoples Company auction you are interested in at PeoplesCompany.com. Click on any of the bid now icons within that auction. This will take you to our Online Bidding platform. Find the auction you wish to participate in and select it. To participate in that auction click register to bid. From there you will need to create a bidder account. Once that is created you can bid on any of our Online Auctions.
By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide a slow connection to the online auction platform. Bidders agree that Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are, in any way, responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.
Auction Method: The property will be offered as one individual tract. All bids will be on a total price basis. A bid placed within 3 minutes of the scheduled close of the auction will extend bidding by 3 minutes until all bidding is completed. If you plan to bid, please register 24 hours before the close of the auction. Under no circumstances shall Bidder have any kind of claim against Peoples Company or its affiliates if the internet service fails to work correctly before or during the auction.
Earnest Money Payment: A 10% earnest money payment is required upon the conclusion of the auction. The earnest money payment may be paid in the form of a check or wire transfer. All funds will be held with The Title Team.
Closing: Closing will occur on or before Tuesday, October 14th, 2023. The balance of the purchase price will be payable at closing in the form of a guaranteed check, or wire transfer.
Possession: Possession will be granted at closing.
Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit 10% earnest money with The Title Team. The Seller will provide a current abstract at their expense. The sale is not contingent upon Buyer financing.
Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. Without limiting the generality of the foregoing, Auctioneer, Peoples Company, and Seller have not made and do not make any representations or warranties as to the physical and environmental condition relating to the property. All bids will be TOTAL dollars. Peoples Company and its representatives are agents of the Seller. The winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.
Disclaimer: All property boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, etc. may vary from figures stated within the marketing material. Buyer should perform his/her investigation of the property before bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the Abstract
The Seller reserves the right to refuse any bids. The property is being sold "AS IS, WHERE IS". The seller does not guarantee or warrant the condition of the building or appliances.
INTERACTIVE MAP
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