Ostrander, MN Surplus to Ongoing Operations of CHS Shop Facility by Sealed Bids
Sealed Bids due Thursday, November 19th by 4:00pm CT
Address: 17433 County 1, Ostrander, MN 55961
County: Fillmore
Parcel#: 330243030
Total Acres: 6±
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 6 – Shop Property – Ostrander, Minnesota
PROPERTY LOCATION: 17433 County 1, Ostrander, MN 55961
This is an excellent opportunity to acquire the CHS Inc. shop property situated on approximately 6.00 acres at 17433 County 1 near Ostrander, Minnesota. The property is being offered through a Sealed Bid Real Estate and Equipment Auction as surplus to the ongoing operations of CHS, Inc.
The property features an established commercial shop and support facility with two existing heated shop/storage buildings and additional site improvements. With its convenient paved county road location and approximately 6.00-acre site, the property provides an opportunity for agricultural operators, contractors, commercial users, equipment owners, investors and neighboring property owners seeking a versatile shop and equipment storage facility in southeastern Minnesota.
Property Highlights
- 6.00± Acre Commercial Shop Property
- 17433 County 1, Ostrander, MN 55961
- Two Existing Heated Shop/Storage Buildings
- 5,520 Sq. Ft. Main Shop Building with Private Office & Concrete Floor – Built in 1997
- 1,024 Sq. Ft. Wood-Framed/Sided Storage Building with Concrete Floor – Built in 1978
- Private Office & Mezzanine in Main Shop
- In-Floor Under-Truck Service Pit in Main Shop
- Two Insulated Overhead Doors with Electric Openers in Main Shop
- Water & Electric in Both Buildings
- Convenient Paved County Road Location Within a Block of Downtown Ostrander
- Commercial Land & Building Classification
- Located in Southeastern Minnesota's Productive Agricultural Region
- Potential Agricultural, Commercial, Shop or Equipment Storage Uses
- Opportunity for Owner-Occupants, Agricultural Operators, Contractors & Investors
- Offered by CHS Inc.
- Selling via Sealed Bid Real Estate and Equipment Auction
Shop Buildings & Site Improvements
The 6.00-acre property includes two existing heated shop/storage buildings, an LP tank and additional site improvements that have supported CHS operations.
Main Shop Building – Built in 1997
The 5,520 sq. ft. main shop building, constructed in 1997, includes:
- Private Office
- Mezzanine
- In-Floor Under-Truck Service Pit
- Concrete Floor
- Two Insulated Overhead Doors with Electric Openers
- Approx. 20' Wide × 14' High
- Approx. 12' Wide × 11' High
- Two Walk-In Service Doors
- Approx. 16' Interior Sidewall Height
- Water & Electric in Building
- Corrugated Steel Exterior Siding
- Corrugated Steel Interior Cladding
- Approx. 30' Wide × 19' Long Concrete Parking Area Outside West Overhead Door
Adjacent Storage Building – Built In 1978
The property also includes a 1,024 sq. ft. wood-framed/sided storage building, constructed in 1978, featuring:
- Concrete Floor
- Approx. 20.5' Wide Split-Sliding Barn-Style Door
- Walk-In Service Door
- Water & Electric in Building
- Ceiling Mounted Furnace
- OSB-Lined Interior Walls
- Approx. 31' Wide × 21' Long Concrete Parking Area Outside West Overhead Door
Note: Fillmore County assessor records continue to identify two additional buildings and six storage tanks that have since been demolished or removed and are no longer located on the property.
PROPERTY INFORMATION
Seller: CHS Inc.
Property Address: 17433 County 1, Ostrander, MN 55961
Parcel ID: 330243030
Site Size: Approx. 6.00 Acres
Property Classification: Commercial Land and Building
Existing Buildings: 2
Main Shop: Approx. 5,520 Sq. Ft. – 1997 Construction
Adjacent Storage Building: Approx. 1,024 Sq. Ft. – 1978 Construction
Property Type: Commercial Shop / Agricultural Support Property
Sale Method: Sealed Bid Real Estate and Equipment Auction
Agricultural & Commercial Property Opportunity
This offering presents an opportunity for agricultural operators, contractors, commercial users, equipment owners, investors and neighboring property owners to acquire an established commercial shop property on approximately 6.00 acres in southeastern Minnesota.
The property's paved County 1 location within a block of downtown Ostrander, two existing heated shop/storage buildings, substantial site area and established improvements provide potential for a variety of agricultural, commercial, shop, service, equipment storage or related uses, subject to applicable zoning, permitting and governmental requirements.
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 dimensions, acreage, building information, construction dates, equipment and property 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
