Freeborn County, mn

OWNER

Kenneth & Judith Thompson

AUCTION LOCATION

LandProz.com

In-Person at The Glenville American Legion:

331 W Main Street, Glenville MN

PROPERTY DESCRIPTION

LandProz is pleased to present the Glenville Post Office Auction in Freeborn County, MN. This commerical land and building will be offered to the public to bid their price via LandProz AuctionCast at LandProz.com.

Auctioneer Comment: Here is an excellent opportunity to own your own Post Office & at a great rate of return! An $80,000 purchase will have a 10% return. $40,000 purchase will have a 20% return. Where in the world can you get a 20% return???

Please contact LandProz Auction Manager & Broker Greg Jensen at 507-383-1067 for more information regarding this auction.

PROPERTY FEATURES

• Glenville Post Office

• Great rate of return

• Projected rent contract with current tenant:

2026 $8,299 per year

2036 $8,714 per year

2041 $9,150 per year

• Taxes will be paid for by the renter

• Owner pays for maintenance

• Real Estate taxes $278

TERMS

$5,000 down [non-refundable] as earnest money, the day of the auction. Balance is due on, or before, February 21, 2025. There will be a 3% Buyer's Premium added to the final purchase price. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.

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bhaugen@landproz.com

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Glenville Post Office Auction | 220 W Main Street, Glenville MN | Commercial - Investment | #2751

OWNER

AUCTION LOCATION

PROPERTY DESCRIPTION

PROPERTY FEATURES

TERMS

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