Claremont, MN Surplus to Ongoing Operations of CHS Real Estate & Equipment by Sealed Bids
Sealed Bids due Thursday, November 19th by 4:00pm CT
Address: 135 West Front Street - Claremont, MN 55924
County: Dodge
Parcel#: 210283700-East Parcel Only
Acres: 1.93±
Inspections:
Tract 1: Thursday, October 29th 9:00am-11:00pm
Thursday, November 12th 9:00am-11:00pm
Tract 2: Thursday, October 29th 11:30am-1:30pm
Thursday, November 12th 11:30am-1:30pm
Tract 6: Thursday, October 29th 3:00pm-5:00pm
Thursday, November 12th 3:00pm-5:00pm
Tract 3, 5, 7: by appointment only
Sale Lease Back Opportunity!! CHS Inc. would like to lease back the office/scale for a 2-year term with a 2-year renewal, $12,000/annual lease rate with CHS paying utilities on the Office/Scale portion. Buyer to have use of Scale during lease term. See Bidders Kit for Lease Agreement.
This is one of 8 properties that will be SOLD via Sealed Bid Auction. Pre-Auction Offers are highly encouraged. Additional information about the auction along with brochure, drone videos, equipment catalog and equipment photos will be uploaded shortly.
Video Virtual Tour
Tract 1- Grain Facility-Claremont, MN
Grain Elevator, Storage, Office & Scale Facility
135 West Front Street | Claremont, Minnesota 55924
This is an excellent opportunity to acquire an established grain elevator and commercial agricultural facility in Claremont, Minnesota. Situated on approximately 1.93 acres, in the heart of downtown Claremont, this property features substantial grain storage capacity, grain handling and processing equipment, office facilities and a truck scale.
The property is located along West Front Street, adjacent to city hall and a city owned park. On the south side of the property is a formerly used rail spur on the Canadian Pacific rail line. The spur is not currently in service; however, buyers are encouraged to contact Canadian Pacific if their business could benefit from rail service at the site in the future. The Claremont facility has been a long-established location for agricultural and grain-related operations and has recently been declared surplus.
GRAIN STORAGE & FACILITY DETAILS
Grain Storage Equipment Details
4 – BUTLER Steel Grain Cone Bottom Bins 1990s Construction, 22,804 Bu. Each, Bin ID#: N003, N005, N006, N007
2 – BUTLER Steel Grain Loadout Bins 1990s Construction, 1,862 Bu. Each, Bin ID#: N008, N009
1 – SIOUX Steel Grain Bin 2007 Construction, Approx. 337,306 Bu., 74' W × 88' High, Permanent Sweep, Bin ID#: N010
1 – Steel Grain Bin 2006 Construction, 13,156 Bu., 20' Wide × 46' High, No Sweep, Bin ID#: N018
2 – BUTLER Steel Grain Bins 1990s Construction, 68,807 Bu. Each, No Sweep, Bin ID#: N019, N020
Main Office 1994 Construction, 2,508 Sq. Ft., Slab on Grade, No Basement, Concrete Parking Area
Truck Scale 840 Sq. Ft.
Site Area 1.93 Acres / 116,900 Sq. Ft.
Grain Processing Equipment
Grain Processing Equipment Details
Big Elevator Leg 10,000 BPH, 1990s Construction
Small Elevator Leg 5,000 BPH, 1990s Construction
Dry Elevator Leg 5,000 BPH, 1990s Construction
Wet Elevator Leg 5,000 BPH, 1990s Construction
SUKUP Pit Conveyor 2019, 10,000 BPH, 2-Speed VFD
Bin 10 Unload Conveyor 10,000 BPH, 2000s Construction
The facility includes substantial grain storage capacity together with grain receiving, conveying, and loadout equipment. The grain handling system includes elevator legs with capacities ranging from approximately 5,000 to 10,000 bushels per hour, along with a 10,000-BPH SUKUP pit conveyor and 10,000-BPH unload conveyor.
Prospective purchasers should independently verify all grain storage capacities, equipment capacities, dimensions, construction dates and operational capabilities.
OFFICE & TRUCK SCALE
The 2,508 Sq. Ft. main office building was built in 1994 and consists of a large central work area with a wall of windows, multiple private offices, restroom and breakroom/kitchen/storage areas.
An 840 sq. ft. Truck Scale with Grain Probe sits immediately outside the front of the retail portion of the office.
SALE LEASEBACK OF THE OFFICE AND SCALE BY CHS INC. FOR 2+2 YEARS, $12,000/YEAR LEASE RATE
The seller intends to lease back the main office and truck scale following the sale of the property.
This provides the purchaser with an opportunity to acquire the grain storage and processing facility while the seller continues to occupy and utilize the office and scale under a 2+2 year lease arrangement.
Complete leaseback details will be provided in the Bidders Kit.
PROPERTY HIGHLIGHTS
Approximately 1.93 Acres
Substantial 583,016 Bushels of Grain Storage Capacity
337,306-Bushel SIOUX Steel Grain Bin with Permanent Sweep
Two 68,807-Bushel BUTLER Steel Grain Bins
Four 22,804-Bushel BUTLER Steel Grain Cone Bins
13,156-Bushel Steel Grain Bin
Two 1,862-Bushel BUTLER Steel Grain Loadout Bins
10,000-BPH Big Elevator Leg
Three 5,000-BPH Elevator Legs
2019 SUKUP 10,000-BPH Pit Conveyor with 2-Speed VFD
10,000-BPH Bin 10 Unload Conveyor
1994 2,508 Sq. Ft. Office
Truck Scale with Grain Probe
Existing Grain Handling & Processing Infrastructure
Rail Spur Along South Side of Property
Seller Leaseback Opportunity of Office & Scale
SEALED BID REAL ESTATE AND EQUIPMENT AUCTION
The property will be offered through a sealed bid process.
Property Address: 135 West Front Street, Claremont, MN 55924
Parcel: 21.028.3700-East Parcel Only
Site Size: Approximately 1.93 Acres
Sale Method: Sealed Bid Auction
Bid Deadline: Thursday, November 19th Sealed Bid Deadline 4:00pm CT.
Prospective purchasers are encouraged to inspect the property during the public inspection times, review the complete information packet and conduct their own due diligence prior to submitting a bid.
ADDITIONAL INFORMATION
For a complete property information packet, or to make a pre-auction offer, contact:
Tyler Maas
Maas Companies Inc
507-285-1444
maas@maascompanies.com
SEALED BID DEADLINE THURSDAY, NOVEMBER 19TH 4:00PM CT.
All information is believed to be accurate but is not guaranteed. Acreage, square footage, grain storage capacities, equipment capacities, dimensions, construction dates, equipment specifications and other property information are based in part upon assessor records and information provided by the seller and should be independently verified by prospective purchasers. Buyers are responsible for conducting their own inspections and due diligence prior to submitting a bid.
BROKER PARTICIPATION: Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who registers the bidder who pays for and settles for the real estate. A broker buying on their behalf, or on behalf of any business entity which they hold an interest or on behalf of a family member or a family member’s business entity, is not entitled to a commission.
REAL ESTATE & EQUIPMENT TERMS: 6% Buyer Premium. Sealed Bid deadline is Thursday, November 19 4:00pm CT. The top 3 bidders on each tract will be allowed to increase their bid until a high bidder is determined. Offers must be received by the deadline and be accompanied by a $5,000 earnest money deposit (cashier’s check or wire) Tracts 2, 6 and $25,000 earnest money deposit Tracts 1, 3, 5, 7, and a completed/signed Sealed Bid Form. A Deposit equaling 20% of the purchase price is due within 48 hours of bid acceptance, balance due at closing on or about Friday, December 18th. Deposit monies are earnest monies and non-refundable. Deposits on non-winning bidders will be returned immediately following the auction. Bids must be sent via traceable courier to: CHS, Inc. Attention: Jane Magnuson, 5500 Cenex Drive Inver Grove Heights, MN 55077. Sealed Bids are binding and non-revocable. Brit Wiese, 612-592-7084, with First American Title is coordinating the closing. Deposit Funds Payable to: First American Title. Real Estate and Equipment is Selling Subject to Owner Confirmation. Real Estate & Equipment are selling AS-IS, WHERE-IS WITH NO WARRANTIES EXPRESSED OR IMPLIED. In all transactions, Auctioneer is acting as an Agent for the Seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made during the auction process takes precedence over any material published about the event. See Bidders Kit for complete terms.
MN Auction License # 55-050225
