Commercial Building – Spring Valley

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. 

Property Description:
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)

Features: 

  • G2-Commercial Zoning
  • Excellent Location & Access
  • 13,000 Sq. Ft.
  • Large open interior space – lots of options
  • Village utilities available

 Buyer Beware:

  • 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.

    Printable Files:
    Aerial
     Cond. Report
    Drawing
    Tax Info.






                                                        
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.  ”