#1129 - Commercial Building on 4+ Acres in Vermillion, SD--Absolute Auction

#1 - If you plan on bidding online, please contact the auction company for approval!

Anyone that wishes to bid online will have to be verified by the auction company prior to approval. Please note that we will offer tracts 1 & 2 Seperately and also as a combination. If you have questions on auction day, please feel free to call Ken at (605) 661-7073 or Mike at (605) 661-7167.

Sold for $.00
#2 - Option 1, Tract 1: 2.43 Acre corner lot with Office, Shop & Storage buildings.

Legal: Lot A SE 1/4 SW 1/4 NE 1/4 18-92-51, City of Vermillion, Clay County, SD. 2023 Taxes are $12,147.82. Tract 1 is a 2.43-acre corner lot with a 13,672 square foot building along with another 1,800 Square foot block building with 4-overhead doors. There is 4,451sq ft of office space with the balance into shop, warehouse and storage. Buildings are concrete block and steel frame with 100% electric heat & air conditioning. There is a Deutz Diesel powered backup generator included. Lots of office space, conference room, his/her bathrooms, reception area, vault & more. This is property is zoned as General Business District. This property has nearly 200 ft of frontage on Cherry Street on the East Side of Vermillion, SD. No Personal Property shown in any pictures is included with this sale

Sold for $445,000.00
#3 - Option 2, Tract 2: 2.02 Acre large lot with 1,800sq Shop Building. This property is completely fenced and nearly all gravel with 250 ft of frontage on N. Norbeck St.

Legal: Lot F & G in NE 1/4 SW 1/4 NE 1/4 18-92-51, City of Vermillion, Clay County, SD. 2023 Taxes are $2,769.34. Tract 2 is a large, fenced and secured yard with a 1,680 square foot Cleary, non-insulated shop building with 3 overhead doors. Lots of room to expand & grow; nearly 250 ft of frontage on N. Norbeck Street. This property is zoned General Industrial. No Personal Property shown in any pictures is included with this sale

Sold for $300,000.00
#4 - Option 3, combination of Tracts 1 & 2

Opening bid will be a combination of tracts 1 & 2. If there is a raise as a combination, it will sell as a complete tract. However, we will give the high-bidders on Tracts 1 & 2 a chance to increase their bid. Will sell in whichever manner yields the sellers the best return

Sold for $.00
#5 - Terms: 10% Non-refundable downpayment due the day of auction with the balance due on closing.

Closing costs & title insurance will be used with a 50/50 costs split between the buyer’s & seller. Clay County Title Co., Closing Agent. Taxes will be prorated to the day of closing. Auctioneers are acting as agents for the seller. This property is being sold as-is, where is with no guarantees or warrantees. Possession on closing. No Personal Property shown in any pictures is included with this sale

Sold for $.00
#6 - More information on the property.

A really and truly rare opportunity! Large Facility, lots of room for expansion & growth, great frontage, easy access to Highway 50 & more! All in a growing and expanding community! Once in a lifetime opportunity to expand your business, start your business, or move your business to Vermillion! To view the property, please contact Girard Auction or Chris Larson, General Manager at Clay Union (605) 480-3497

Sold for $.00