Miner County & The Judy Shaw Foundation, Inc. – Multi-Use Lodging, Conference Center & Dining Facility in Howard, SD
December 20, 2022 @ 10:00 am
REAL ESTATE AUCTION
MULTI-USE LODGING, CONFERENCE CENTER & DINING FACILITY
We will offer the following real property at auction “on site” at the property located at 103 South Main St. in Howard, SD on …
TUESDAY DECEMBER 20, 2022 SALE TIME: 10:00 AM
INSPECTIONS: OPEN HOUSE – Sunday Dec. 4th from 1:00 to 4:00 PM Additional Inspections by Appointment Arranged with the Auctioneers or Kristian Ellendorf, Miner Co. States Attorney and Attorney at Law with the Mumford-Protsch, LLP – ph. 605-772-4488.
AUCTIONEER’S NOTE: This auction presents the opportunity for future owner/operators, investors or others to purchase a multi-use commercial lodging, conference & dining facility that has many attractive and fascinating attributes. This facility is situated in one of the leading Pheasant Hunting Areas of South Dakota and could mesh well with the hunting & recreational opportunities of the region and the lodging, conference & educational aspects implemented in the design of this property. Demographics indicate that 80% of South Dakota’s population lies within 100 miles of Howard, SD, making this center accessible, being within a 90 minutes drive of many of the State’s residents.
This Facility contains a hotel, meeting space, restaurant, fitness center, retail space and other features. This building was designed to provide a Multi-Use community facility capable of providing educational, social and business opportunities to Miner County, SD and the east central South Dakota region. Some of the Environmental features utilized in the construction of this facility include geothermal heating and cooling and a 1,500 gal. water storage system that captures water for flushing the stools and other excellent features and aesthetic attributes. The sale of this property includes any and all equipment and furnishings presently “in place” in the facility, making this virtually and nearly “turn key” purchase!
The Howard Hotel and Conference Center was designed to be a mixed multi-use complex with a hotel, a conference center, a restaurant, and offices. This facility includes 24 Hotel rooms (15 double queens and 9 kings), a 2nd floor gathering area w/fireplace, fitness club overlooking main street and an impressive hallway between the rooms w/6 grain bin roofs accented by LED lighting, glass enclosed stair tower and an elevator for easy access from the main to 2nd level; main level includes a +/- 3,500 sq. ft. conference center capable of seating 300 people and with moveable walls that allow for the space to be divided into 6 individual rooms and equipped with 4- Large Screen TV monitors & 2 ceiling mounted LED crystal projectors and comes equipped with 40+ tables & and approx. 250 padded stacking chairs; a state of the art kitchen with walk-in cooler & freezer and dry goods area and comes complete with a nicely equipped commercial kitchen; a large dining and private dining area w/two way fireplace inclusive of 20+ attractive tables & chairs with seating for approx. 100+ patrons, as well as other equipment and embellishments; a mechanical room containing computerized system for heating & cooling, etc.; hotel reception/office & room registration area; laundry facility with equipment; an interior corridor, main street patio and more!! The construction of this facility combines a mesh of new and old inclusive of modern materials and reused materials gathered from an old gymnasium utilized in the new floor of the restaurant and other materials utilized in the hotel and other area inside and outside the facility. Additionally many recycled-content and regional-origin materials were also incorporated, such as wheatboard ceiling panels, recycled glass countertops, carpet tile and brick.
ABBREVIATED LEGAL DESC.: All of Lots 2 & 3; Lot 4, Exc. the S. 25’; all of the Vacated Alley between the N½ of Lot 4 & Lots 5, 6 & 7; all of Lots 5, 6 & 7; all in Block 11 of the Orig. Plat to the City of Howard, Miner Co., SD.
TERMS: Cash – A 15% non-refundable downpayment sale day and the balance on or before February 3, 2023. The real estate will be conveyed by a Quit Claim Deed and an Owner’s Title Insurance Policy will be provided with the cost of the Owner’s Policy divided 50-50 between the buyer and seller. A title company closing fee (Weber Abstract & Title in Madison, SD) will be paid 100% by the purchaser. All of the RE Taxes for 2023 will be the responsibility of the purchaser – with no proration. This property is sold in “AS IS Condition with no contingencies whatsoever”, and the merchantability or suitability of this property for any particular purpose is not guaranteed and the buyer is purchasing this property with any or all benefits or faults. A property survey has been completed by Meyer Land Surveying and existing Encroachments & Boundaries have been Noted and Disclosed and a copy of the survey will be available to prospective buyers. The buyer will be responsible for all food, sales tax and any other licenses or permits required to operate the business. Any future use or zoning pertaining to the future use of the property will be subject to regulations in accordance with Howard City Ordinances and Zoning. All future renovations or development costs are the responsibility of the buyer. 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. Sold subject to existing easements, restrictions, reservations and highways of record, if any. Sold subject to confirmation of the Owners.
Broker Participation Welcome, but not required. A 2% Commission to be paid to a RE Broker who is properly licensed and that pre-registers and represents the successful purchaser, that pays and settles for the property and meets all other terms and requirements for Broker Participation. For information and pre-registration criteria, contact Chuck Sutton Auctioneer & Land Broker, LLC. If you have a vision and an entrepreneurial spirit to own and operate this multi-use facility, then make plans to inspect this property at the Public Inspections and/or by an appointment arranged with either the Auctioneers or Kristian Ellendorf, Miner County States Attorney and Attorney at Law with Mumford-Protsch, LLP – ph. 605-772-4488 or the Auctioneers.
MINER COUNTY & THE JUDY SHAW FOUNDATION, INC., Owners
Weber Abstract and Title Company – Madison, SD – Closing Agent – 605-256-4640
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777;
JARED SUTTON, CAI – Auctioneer & RE Broker Associate – Flandreau, SD – ph 605-864-8527
WAYNE BESSMAN – RE Auctioneer – Madison, SD – ph. 605-256-4980
& DEAN GULBRANSON – RE Auctioneer – Madison, SD – ph. 605-695-0133