Ostrander, MN Surplus to Ongoing Operations of CHS Grain Facility by Sealed Bids

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Description

Ostrander, MN Surplus to Ongoing Operations of CHS Grain Facility by Sealed Bids

Sealed Bids due Thursday, November 19th by 4:00pm CT

Address: 110 3rd Street, Ostrander, MN 55961

County: Fillmore 

Parcel#: 340050000

Total Acres: 15.024±

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

 

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 5 – Operating Grain Facility – Ostrander, Minnesota

GRAIN FACILITY LOCATION: 110 3rd Street, Ostrander, MN 55961
MAIN OFFICE LOCATION: 208 North Main Street, Ostrander, MN 55961

This is an excellent opportunity to acquire an operating grain storage and handling facility situated on approximately 15.024 acres, together with the facility's 4,037 sq. ft. main office located at 208 North Main Street, in Ostrander, Minnesota. The properties are owned by CHS Inc. and are being offered together as Tract 5 through a Sealed Bid Real Estate and Equipment Auction.

The offering includes the substantial grain storage and handling facility located at 110 3rd Street and the 4,037 sq. ft. main office located at 208 North Main Street. The grain facility features approximately 2,173,311 bushels of listed grain storage capacity, multiple grain receiving and handling systems, a 5,000 BPH ZIMMERMAN grain dryer, grain receiving office, machine shed and related grain-handling infrastructure.

Located in the productive agricultural region of southeastern Minnesota, this operating facility presents an opportunity for grain operators, agricultural businesses, producers and investors seeking an established grain storage and handling facility with significant existing infrastructure.

Property Highlights

  • 15.024± Acre Operating Grain Facility
  • Approx. 4,037 Sq. Ft. Main Office at 208 North Main Street
  • 2,173,311± Bushels of Listed Grain Storage Capacity
  • 927,000 Bu. LEMAR Flat Storage – Constructed 2009
  • 623,573 Bu. BROCK Grain Bin – Constructed 2009
  • 101,095 Bu. GSI Grain Bin – Constructed 1998
  • 15,000 BPH GSI South Receiving Leg
  • 10,000 BPH SCHLAGEL North Receiving Leg
  • 20,000 BPH GSI South Top Bin Conveyor
  • 20,000 BPH GSI Bunker Fill Conveyor
  • 5,000 BPH ZIMMERMAN Grain Dryer
  • Multiple Grain Reclaim & Conveyor Systems
  • 2009 Grain Receiving Office – Approx. 30' × 24'
  • 1990 Machine Shed – Approx. 48' × 34'
  • Owned 150,000-Gallon Propane Tank
  • Recent Maintenance – New Cups & Belt Installed in Corn Leg in 2024
  • Established Operating Grain Storage & Handling Facility
  • Offered by CHS, Inc.
  • Selling via Sealed Bid Real Estate and Equipment Auction

Grain storage – approx. 2,173,311 bushels

The Ostrander facility features an extensive combination of grain bins and flat storage providing approximately 2,173,311 bushels of listed grain storage capacity.

Storage includes GSI, BROCK, MERIDIAN and LEMAR storage systems, with various carry-in sweeps, power sweeps, auger sweeps and related clean-out equipment.

Bin ID  Capacity          Manufacturer Est. Date Built Sweep / Clean-Out

B020    62,257 Bu.       GSI       1970    Carry-In Sweep

B021    62,257 Bu.       GSI       1970    Carry-In Sweep

B022    49,165 Bu.       GSI       1970    Carry-In Sweep

B023    49,165 Bu.       GSI       1970    Carry-In Sweep

B023    49,165 Bu.       GSI       1970    Carry-In Sweep

B024    49,165 Bu.       GSI       1970    Carry-In Sweep

B025    49,165 Bu.       GSI       1970    Carry-In Sweep

B026    48,468 Bu.       GSI       1970    SUKUP Power Sweep

B027    101,095 Bu.     GSI       1998    Auger Sweep – 0 Entry

B029    3,013 Bu.         BROCK 2009    Sweep – BROCK

B101    6,060 Bu.         MERIDIAN       2009    Overhead

B102    93,763 Bu.       BROCK 2009    Sweep – BROCK

B103    623,573 Bu.     BROCK 2009    Sweep – BROCK

XT1      927,000 Bu.     LEMAR 2009    Pile

TOTAL LISTED STORAGE CAPACITY      2,173,311 Bu.                          

 

Note: Capacities taken from USDA KCCO Form WA-134 and do not include applicable pack factors.

Grain Processing & Handling Equipment

The facility includes an established grain receiving, drying, conveying and reclaim system serving the various grain storage structures throughout the property.

 

Primary Equipment

Equipment       Capacity          Manufacturer  Est. Date Built

South Receiving Leg    15,000 BPH     GSI       2001

South Leg to Bin Conveyor      15,000 BPH     GSI       2001

South Top Bin Conveyor          20,000 BPH     GSI       2001

South Wet Leg 7,500 BPH       GSI       2001

South Dry Leg 7,500 BPH       GSI       2001

Bunker Fill Conveyor   20,000 BPH     GSI       2014

South Reclaim Conveyor         6,000 BPH       GSI       2014

Grain Dryer     5,000 BPH       ZIMMERMAN  2009

North Receiving Leg    10,000 BPH     SCHLAGEL       2014

North Conveyor – 65s 10,000 BPH     SCHLAGEL       2014

North Conveyor – 50s 6,500 BPH       SCHLAGEL       2014

North Reclaim Conveyor         3,500 BPH       SCHLAGEL       2014

 

 

Recent Maintenance & Improvements

  • New Cups & Belt Installed in Corn Leg – 2024

Buildings & Site Improvements

In addition to the grain storage and handling infrastructure, Tract 5 includes the main office at 208 North Main Street, a grain receiving office and additional site improvements supporting the operation of the facility.

Main Office – 208 North Main Street

The approximately 4,037 sq. ft. main office serving the Ostrander grain facility is located at 208 North Main Street, Ostrander, Minnesota, and is included in the Tract 5 auction offering.

Grain Receiving Office

The grain facility at 110 3rd Street also includes a grain receiving office/mcc room constructed in 2009, measuring approximately 30' × 24', or approximately 720 sq. ft.

Machine Shed

The property includes a 1990s Machine Shed measuring approximately 48' × 34', or approximately 1,632 sq. ft.

Important Exclusion: The 1950 Machine Shed measuring approximately 70' × 58' / 4,060 sq. ft. is NOT INCLUDED in the auction and is NOT being sold with Tract 5. The excluded building is located directly south of the Ostrander Fire Department building.

There is a large owned propane tank on the south portion of the property adjacent to the grain dryer.  A smaller owned propane tank is on the north portion of the property and services the main office.

Property Information

Seller: CHS Inc.
Grain Facility Address: 110 3rd Street, Ostrander, MN 55961
Main Office Address: 208 North Main Street, Ostrander, MN 55961
Main Office Size: Approx. 4,037 Sq. Ft. – Included in Tract 5
Parcel ID: 340050000
Grain Facility Site Size: Approx. 15.024 Acres
Property Classification: Commercial Land and Building
Property Type: Operating Grain Storage & Handling Facility with Main Office
Listed Grain Storage Capacity: Approx. 2,173,311 Bushels
South Receiving Leg Capacity: Approx. 15,000 BPH
North Receiving Leg Capacity: Approx. 10,000 BPH
Drying Capacity: Approx. 5,000 BPH
Sale Method: Sealed Bid Real Estate and Equipment Auction

Operating Grain Facility Opportunity in Southeastern Minnesota

This offering presents an opportunity for grain operators, agricultural businesses, producers and investors to acquire a large-scale, operating grain storage and handling facility together with its main office in southeastern Minnesota.

With approximately 2.17 million bushels of listed grain storage capacity, multiple grain receiving systems, a 5,000 BPH grain dryer, substantial conveyor and reclaim equipment, grain receiving office, machine shed, approximately 4,037 sq. ft. main office at 208 North Main Street, an owned 150,000-gallon propane tank, and approximately 15.024 acres at the grain facility, the Ostrander offering provides significant existing infrastructure for continued agricultural and grain-handling use.

Exclusion: The 1950 Machine Shed measuring approximately 70' × 58' / 4,060 sq. ft. is not included in the auction and will not convey with Tract 5.

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, bidding instructions, or to schedule an inspection, contact:

Tyler Maas
Maas Companies Inc.
507-285-1444
maas@maascompanies.com

All information is believed to be accurate but is not guaranteed. Acreage, square footage, building 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.

All capacities, dimensions, acreage, building sizes, dates and equipment information are approximate and subject to buyer verification.

 

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

Auctioneer

Maas Companies, Inc

6923 10th Ave SW
Rochester, MN 55902

View Profile

Phone Number
507-285-1444
View Auctioneer's Listings

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