Name Hot Springs Duplex
Auctioneer Bradeen Real Estate & Auctions
Type Online-Only Auction
Date(s) 9/3/2015 - 9/17/2015
Online Auction only! Minimum opening bid of only $29,500, property absolutely sells at any amount over and above! Starting September 3, 2015. Register and bid at http://bradeenauction.hibid.com/auctions/current. Bidding closes at 6:00 p.m. MDT September 17, 2015! AUCTION SUBJECT TO SOFT CLOSE!! Any bids recieved within the final five minutes before closing will result in additional time for the auction and more competitive bidding.
Preview Date/Time Open house date will be Thursday, September 3 from 12:00 noon to 1:30 p.m. and Friday, September 11 and Thursday, September 17 from 3:00 p.m. to 4:30 p.m. each day. You may also call our office at (605) 673-2629 for an appointment, or contact your local Realtor.
Checkout Date/Time Bidding closes at 6:00 p.m. MDT September 17, 2015. 15% irrevocable earnest money from successful bidder due upon notification of winning bid, balance due within 30 days. AUCTION SUBJECT TO SOFT CLOSE!! Any bids recieved within the final five minutes before closing will result in additional time for the auction and more competitive bidding.
Location 502 Detroit Avenue
Hot Springs, SD 57745
Buyer Premium No Buyer's Premium Charged
Description
HOT SPRINGS SOUTH DAKOTA DUPLEX UNIT ON HIGHLY VISIBLE LOT - 502 DETROIT AVENUE ONLINE REAL ESTATE AUCTION OFFERED SEPTEMBER 3, 2015 THROUGH 6:00p.m. SEPTEMBER 17, 2015. AUCTION SUBJECT TO SOFT CLOSE! Property consists of a 2400 sq. ft. (main level) duplex unit on a highly visible 50'X150' commercial lot adjacent to Lynn's Dakota Mart in south Hot Springs, SD. This property has seen major renovation in recent years including a new heating system, wiring and plumbing upgrades and more. The spacious upper unit features oak floors and a large, open floor plan. The lower level is a walkout unit, also with large rooms. An interior stairway remains, making it possible to easily return to a single unit. The exterior has a good roof, a nice corner lot and shade trees. With the location just off South Chicago Street, and adjacent to Lynn's Dakota Mart, the property certainly lends itself to light commercial and/or in-home commercial use. The possibilities are endless! The units are currently rented on month to month leases. This could be the investment/rental property you have been looking for! This property has great potential for a home business or other light commercial use. Note the extremely low opening bid. Absolutely sells over and above this amount. Call Auctioneers for details and place your bid online! AUCTION SUBJECT TO SOFT CLOSE!! Any bids recieved within the final five minutes before closing will result in additional time for the auction and more competitive bidding.
Auction Terms & Conditions Online Auction only. Minimum opening bid of only $29,500, property absolutely sells at any amount over and above. Starting September 3, Register and bid at http://bradeenauction.hibid.com/auctions/current. Bidding closes at 6:00 p.m. MDT September 17, 2015. AUCTION SUBJECT TO SOFT CLOSE!! Any bids recieved within the final five minutes before closing will result in additional time for the auction and more competitive bidding. Upon auction closing, 15% irrevocable earnest money will be due from successful bidder, with remaining balance due within 30 days. Warranty Deed and title insurance provided. Taxes paid/prorated to closing date. Selling "As-is" without warranty of any kind. Potential bidders must inspect the property to the extent deemed necessary, both on and off premise, and utilize their own judgement when bidding. Contact city of Hot Springs (SD) offices for further information on potential future use of the property. Broker represents Seller. Broker participation encouraged with 2% paid to broker registering buyer prior to bidding. Bradeen Auctions reserves the right to cancel and/or reopen the auction in the case of system failures. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium No Buyer's Premium Charged
Payment Terms
15% irrevocable earnest money will be due from successful bidder, with remaining balance due within 30 days. Warranty Deed and title insurance provided. Taxes paid/prorated to closing date. All funds will be in USD.
Successful bidder shall be contacted upon the close of bidding on September 17.