Owner: G. & T. Romo
Auction Type: Online Auction
Date & Time: Ends Wed. June 15, 2022 at 6pm
Status: Bidding Opens June 1, 2022
Link to HiBid: https://leerealestateauction.hibid.com/catalog/372289/commercial-building—re-auction—spring-valley/
Auctioneer’s Note: The seller purchased this property 6 years ago with intentions of opening a small business upon retirement, plans have since changed. We are pleased to offer this excellent opportunity at auction.
Directions to Property: From Hwy. 29 in Spring Valley – take McKay Ave. North through downtown to 2nd Ave. then West 1 block. Showing by appointment. Please call Trevor Lee, Realtor. 715-235-9200 or 715-505-1667
Terms & Conditions of Auction: Qualified bidders only. $5,000 down (non-refundable if reserve is met) within 24 hours from auction ending, (cash or cashier’s check) balance due within 45 days. The offer will be written on a Wisconsin approved “Offer to Purchase” form with no contingencies of any kind. Buyer agrees to accept property “AS IS, WHERE IS”. Buyer shall rely on his/her own judgment of the condition of the property, no warranties or guarantees are implied. Seller has voided a Disclosure Report, buyer agrees to accept. Guaranteed clear title, Seller’s Title policy provided. No Buyer’s Fee. It is important to read the terms & conditions that apply to “on-line bidding” available on our website. The Offer to Purchases will be drafted by the listing broker. A copy available upon request.
W121 South Second Street – Village of Spring Valley, Pierce Co. WI 54767. Abbreviated Legal Description: Lot 1 CSM V 14 P 38 CONT .382 A PRT OF FORMER LOTS 9 THRU 13 BLK 5 ORIGINAL PLAT (MFG). Legal Acres: 0.382. Pierce Co. Tax Parcel Number: 181-01055-1000. 2021 Real Estate Gross Taxes: $1,988.81. Estimated Fair Market Value: $88,600.00 (information obtained from Pierce Co. Treasure’s Office via website – Pierce Co. GIS)
- G2-Commercial Zoning
- Excellent Location & Access
- 13,000 Sq. Ft.
- Large open interior space – lots of options
- Village utilities available
- Old building with lots of visible damage. Unknown issues
- Roof appears to leak in multiple places
- Potential of mold, mildew, dry-rot, dampness & other related issues
- Minimal electric in use, most of building has no lighting or electric
- No heating or A/C system
- Water has been shut-off at meter for years.
AUCTION BY: Lee Real Estate & Auction Service, N4792 State Rd. 25 Menomonie, WI. 715-235-9200. Travis Lee, Chris Lee, Trevor Lee Registered Wisconsin Auctioneers. 437, 438. Disclaimer: Maps and photos are for visual aid only. ”