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129.4+/- ACRE LAND AUCTION

SOLD FOR $2,850 PER ACRE

9.1+/- Acre Site Auction in Bushnell, SD

REAL ESTATE AUCTION

Commercial Building, Horse Barn & Land for Future Housing Development and/or Personal Use
– Situated on +/- 9.1 Acres

As I have retired and have discontinued my former business operated on this location known as Brookings Electric and no longer am utilizing this property in connection with my business, I will offer the following real property at auction located at 21092 478th Ave. on the SW Corner of Bushnell SD; or from Brookings SD Exit #132 on I-29 – 5 ½ miles east on US Hwy. #14 to Bushnell Corner (478th Ave.), then 1 mile North to Jct. of 478th Ave and 211th St.

TUESDAY EVENING AUGUST 15, 2017       SALE TIME: 7:00 PM

It has often been said “Drive a Little – Save A Lot!” This could be especially true for this property, as if it could be found, a multifaceted property such as this one would be pricey in the Brookings, SD marketplace – As this property features a commercial building with office space and work/storage area, has a horse barn that could be utilized for horses or additional storage and affords the opportunity to purchase up to a total of +/-9.12 acres in Bushnell, SD, much of which presently is being utilized as grazing and hayland, but could be developed for other utilizations in the future!

This property will be offered as two individual parcels or as a combined +/-9.12 acre unit. If divided the property will be surveyed, thus the size of the two parcels offered are estimated and approximations only. Parcel #1 – The North +/- 5 Acres with Existing Improvements; Parcel #2 – The South +/- 4 Acres – a Rectangular Parcel of Bare Land or Parcels #1 & #2 Combined – The +/- 9.12 Acre Unit. The Improvements on this property situated on Parcel #1 could be an excellent building for either business or personal use and includes a building previously utilized by the owner as the base of his operations for his business Brookings Electric and is classified by the city of Bushnell as light commercial-utility storage and consists of a pole type constructed building which is approx. 40’x80’ w/10’ sidewalls. The building is inclusive of a finished office area with a sheetrocked and insulated interior which encompasses an area approx. 24’x40’ which includes 3 offices, conference/kitchen/breakroom, bathroom and utility room; The remainder of the building was designed and utilized as a combination of shop & warehouse and is steel lined and insulated and has an electrically heated concrete floor and has two insulated overhead doors (1 on the south & another on the east – each 10’x12’ w/elec. openers. Additionally there is an interior staircase and mezzanine storage above the office area. This structure is heated with in floor elec. heat throughout, additionally the office area has supplemental elec. cove heating & is ventilated for AC. The bldg. is serviced with 2- 200 amp breaker electrical services. The exterior of the building has a colored steel roof and sidewalls.

Also on the property is a 2nd steel pole building (approx. 36’x40’) which was designed to be utilized for either storage and/or livestock use and has most recently been utilized as a horse barn with a south portion which opens to the south with two sliding doors and includes space utilized as a livestock loafing area, hay & equipment storage area and also has a tack or storage room – this building has a drive thru and 2 sliding doors on the east and west – each approx. 10’x11’; additionally this bldg. is wired with electricity and has an inside hydrant; also nearby there is an automatic outside heated livestock fountain.

This property has been serviced with Brookings-Deuel rural water that was shared through the residence formerly owned by the Petersen family, although upon sale it will be necessary for the new buyer to install a new rural water service (estimated by RW to cost approx. $3,700.00 for membership, pit, pipe & installation); there is a septic system servicing the main shop bldg. and Ottertail electric servicing the property. The site has a gravel driveway, established lawn and grassed pasture/hayland. *Note– The House and improvements located in the west central portion of the property – situated southwest of the main shop building are Not included!*

PARCEL #2 consists of +/- 4 acres and lies south of the east-west divide fence and is bordered on the west by 478th Ave. and on the south by 211th Street. This is a site with a level topography and excellent visibility and eye appeal. This area currently is utilized as pasture/hayland, but could be a parcel that could be utilized in conjunction with Parcel #1, could be an excellent construction site for one or more homes, and for a visionary/entrepreneur, could even potentially be developed as a housing subdivision – with any future utilizations to be in compliance and subject to proper approvals and zoning.

If you are in the market for a building or buildings to utilized for business and/or personal shop-storage space, a spot for a few head of horses, a site for an in-town acreage site in Bushnell, SD, land for development or other suitable utilizations, then make plans to inspect this property and be in attendance at this auction.

LEGAL DESCRIPTION FOR THE PROPERTY IN IT’S ENTIRETY: Foulke’s Addition in Block 10 of Bushnell, SD, Exc. the N. 209’ of the S. 540’ of the W. 170’, Brookings County, SD – containing 9.12 acres more or less.

TERMS: CASH – A 15% non-refundable downpayment on the day of the sale on either individual parcel or on the property in its entirety, with the balance on or before Sept. 15, 2017 with possession. A Warranty Deed(s) will be conveyed and an Owner’s Title Insurance Policy will be provided with the cost divided 50-50 between the buyer and seller. The seller will pay the 2016 RE taxes payable in 2017 in the amount of $1,178.92, and also will pay ALL of the 2017 RE Taxes due and payable in 2018. This property is sold in “AS IS Condition” and the merchantability or suitability of this property for any particular purpose is not guaranteed. The RE Licensees/Auctioneers in this transaction stipulate that they are acting as agents for the seller. Information contained herein is deemed to be correct, but is not guaranteed, with any or all measurements, acres or dimensions to be approximations. If sold as two individual parcels, the property will be surveyed & platted at the expense of the seller, if sold as a single parcel no survey will be provided and the acres will be as stated on the county tax records. Sold subject to existing zoning, easements, restrictions, reservations and highways of record, if any. Sold subject to confirmation of the owner.

For showings or additional information, contact the auctioneers or the owner. To view photos, see www.suttonauction.com. Broker Participation Welcome, with a 2% commission payable to a licensed SD RE Broker who properly pre-registers and represents a successful purchaser and meets the prescribed criteria for Broker Participation – for information broker’s should contact the office of Chuck Sutton Auctioneer & Land Broker, LLC – ph. 605-336-6315.

KIM & JUDY PETERSEN, Owners 
– Kim Petersen – Cell Ph. 605-651-5613

CHUCK SUTTON – Auctioneer & Land Broker 
– Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777
JARED SUTTON – RE Auctioneer & Broker Assoc. – Flandreau, SD – ph. 605-864-8527
– BURLAGE-PETERSON Auctioneers & Realtors – Brookings, SD – ph. 605-692-7102

SPRING LAKE N TWP, 
KINGSBURY COUNTY, SD
DEAN JENSON – OWNER

Earlier Event: August 15
9.1+/- ACRE AUCTION