Wykoff, MN Surplus to Ongoing Operations of CHS Property 2 of 2 Scale Property by Sealed Bids

Wykoff, MN Surplus to Ongoing Operations of CHS Property 2 of 2 Scale Property by Sealed Bids

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

Address: 216 Front Street - Wykoff, MN 55990

Inspections: 

Tract 1: Thursday, October 29^th 9:00am-11:00pm

Thursday, November 12^th 9:00am-11:00pm

Tract 2: Thursday, October 29^th 11:30am-1:30pm

Thursday, November 12^th 11:30am-1:30pm

Tract 6: Thursday, October 29^th 3:00pm-5:00pm

Thursday, November 12^th 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 7-2 – Scale Property – Wykoff, Minnesota

PROPERTY LOCATION: 216 East Front Street, Wykoff, MN 55990

This is an opportunity to acquire the CHS Inc. scale property located at 216 East Front Street in Wykoff, Minnesota, together with Tract 7-1, the open and operating CHS Inc. grain elevator facility located at 405 East Fillmore Street, Wykoff, Minnesota.

The properties are being offered through a Sealed Bid Real Estate and Equipment Auction as surplus to the ongoing operations of CHS, Inc.

Tract 7-2 will sell together with Tract 7-1 and will not be offered separately.

The scale property serves as an important component of the adjacent CHS grain elevator operation and provides the scale-related infrastructure supporting the Wykoff facility.

Property Highlights

• CHS Inc. Scale Property on .093 Acres
• 216 East Front Street, Wykoff, MN 55990
• FAIRBANKS Drive-On Truck Bed Scale, 120000# Capacity, 12'W x 70'L Scale, In-Ground, Concrete Scale Bed, Weight Read Out, with Audio/Video/Data Link with Elevator
• Supports the Adjacent Operating Grain Elevator Facility
• Convenient Location Adjacent to Tract 7-1
• Tract 7-2 Sells Together with Tract 7-1
• Tract 7-1 – 405 East Fillmore Street, Wykoff, MN 55990
• Combined Grain Elevator & Scale Property Offering
• Offered by CHS, Inc.
• Selling via Sealed Bid Real Estate and Equipment Auction

Scale Property & Site Improvements

The property at 216 East Front Street serves as the scale property supporting the CHS grain elevator operation in Wykoff.

The property includes existing scale-related improvements associated with the operation of the grain facility. Together with the grain storage, receiving, drying and handling infrastructure located on Tract 7-1, the scale property forms an important part of the overall Wykoff grain-handling operation.

SELLS WITH TRACT 7-1 – OPERATING GRAIN ELEVATOR FACILITY

Tract 7-2 will sell together with Tract 7-1 and will not be offered separately.

Tract 7-1 is located at 405 East Fillmore Street, Wykoff, MN 55990, and consists of an open and operating CHS Inc. grain elevator facility featuring approximately:

• 1,407,102 Bushels of Listed Grain Storage Capacity
• 15,000 BPH Receiving Leg
• 20,000 BPH Bin Fill Conveyors
• 5,000 BPH GSI Grain Dryer
• 6,000 BPH Wet Leg
• 6,000 BPH Dry Leg
• Multiple Grain Reclaim Systems
• 480 Sq. Ft. Grain Office
• Approximately 2.48 Deeded Acres Tract 7-1

Together, Tracts 7-1 and 7-2 provide the grain storage, handling, drying, receiving and scale-related infrastructure associated with the Wykoff grain facility. As a package these properties total 3.41 acres.

Property Information

Seller: CHS Inc.
Property Address: 216 East Front Street, Wykoff, MN 55990
Tract: 7-2
Property Type: Scale Property / Agricultural Support Property
Related Property: Tract 7-1 – Operating Grain Elevator Facility
Tract 7-1 Address: 405 East Fillmore Street, Wykoff, MN 55990
Sale Configuration: Tract 7-2 Sells Together with Tract 7-1
Sale Method: Sealed Bid Real Estate and Equipment Auction

Combined Wykoff Grain Facility Opportunity

This offering presents an opportunity for grain operators, agricultural businesses, producers and investors to acquire the scale property together with the adjacent open and operating CHS Inc. grain elevator facility in Wykoff, Minnesota.

The combination of Tract 7-1 and Tract 7-2 provides an established grain-handling operation with approximately 1.4 million bushels of listed grain storage capacity, grain receiving, drying and conveying equipment, multiple reclaim systems, grain office and associated scale property.

TRACT 7-2 Will Sell Together With Tract 7-1 And Will Not Be Offered Separately.

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.

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