Pipestone Area Public Schools – 2 Potential Development Lots
January 28, 2022 @ 10:00 am
REAL ESTATE AUCTION
TWO PRIME POTENTIAL DEVELOPMENT GEMS SITUATED IN 2 SUPERB LOCATIONS – LOCATED WITHIN THE CITY OF PIPESTONE, MN
PARCEL #1 – Commonly Known as the Brown Elementary School Property & PARCEL #2 – Commonly Known as the Hill Elementary School Property
We will offer both of the following real properties at auction at the site of Parcel #1 (Brown School Site) – which is located near the Junction of Hwy. #30 & 8th Ave. at 808 8th Ave. SE in Pipestone, MN.
FRIDAY MORNING JANUARY 28, 2022 SALE TIME: 10:00 AM
ATTENTION: Investors, Developers & Contractors!! Subsequent to the recent demolition of the former Brown School and the former Hill Elementary School, the Pipestone Area Public School District #2689 has declared both of these sites as surplus property and in fairness and transparency to the district taxpayers has decided to offer both of these choice properties at public auction. Probably no better opportunity has occurred in recent years in the Pipestone, MN Community to purchase a parcel or parcels of land with any better location or development potential and the unique attributes afforded by these properties. Pipestone, MN is located in the Southwestern corridor of the State with a thriving multifaceted community in excess of 4,000 residents. It has an excellent K-12 Public School System, a post secondary education system afforded by Minnesota West Community & Technical College, a new and modern Pipestone County Medical Center & Family Clinic Avera, numerous manufacturing & agricultural related industries with excellent employment opportunities, a variety of active retail and professional businesses, as well as the Historic Pipestone National Monument and other community demographics that draw thousands of tourists annually – all of which fuel the growing demand for future single & multi-family housing, commercial expansion, and more!
If you are in the market for land which has a great deal of present and future potential, especially if you desire to be a part of the future development landscape in Pipestone, MN, then make plans to attend this auction. Until now, this property has not been on market, thus this auction awards a “Once in a Lifetime Opportunity” to purchase some of the few remaining sizable undeveloped parcels of land lying in the midst of Pipestone, MN. These properties have a great deal to offer to developers, investors, contractors and others in the market for prime investment land with locations which are second to none!!
PARCEL #1: Former Brown Elementary School Property – +/-11.57 Acres with approx. 662’ of Hwy Frontage and 397.5’ of frontage along 8th Ave. SE – Property Address: 808 8th Ave. Southeast in Pipestone, MN – This property lies west and south of the existing Snyder Drug Store. LEGAL DESC.: The N. 661.5’ of the E. 827’ of the NE ¼ of Sec. 13, T. 106N., R. 46W., City of Pipestone, Pipestone County, MN, except the N. 264’ of the E. 165’ thereof and except highway easements.
This property features a sizeable choice site consisting of approx. 11.57 acres which has a great deal of unbridled development potential. This property is located near the Jct. of Hwy. #30 & Hwy. #75 North. This property has a superb location near the businesses of Snyder Drug., McDonald’s, Casey’s and other nearby businesses, as well as being near the Pipestone Golf Course and nearby the Pipestone Aquatic Center, City Parks & other community points of interest. Parcel #1 (former Brown School Property) features a bare level lot which is approx. 11.57 acres in size based on a recent survey of the property by Kor Engineering, with approx. 662’ of frontage along Hwy. #30, approx. 397.5’ of frontage along 8th Ave. SE, approx. 794’ of frontage along 8th Street SE and approx. 662.74’ running north and south along the west boundary of the property. Currently this property is zoned R-1 or single family residential. Interested parties are encouraged to contact Doug Fortune, Planning & Zoning Administrator with the City of Pipestone, 507-825-3324, with questions pertaining to specifics regarding zoning and future potential utilizations of this site. City water and sewer are in place and capped at the main line adjacent the property. Electricity and natural gas are also available to the property, but currently tied off and terminated to the site. Recent removal of the former Brown School building and reclamation of the site were completed by DRC, Inc., in accordance with their contract with the district, with all site reclamation and clean-up costs paid for by the Pipestone Area Public School District #2689. This is a “Development Ready” site with a superb location that truly is a “One of a Kind” property in Pipestone, MN.
PARCEL #2: Former Hill Elementary School Property – Located at 900 6th Ave. SW in Pipestone MN; or located from Dar’s Pizza on Hwy. #30 – 1 block east on Hwy. #30 & approx. 2 blocks south on 7th Ave. SW; from Hank’s Foods on Hwy. #30 – approx. 2 blocks south on 6th Ave. SW. LEGAL DESC.: Block 1 of Noble’s 2nd Addition to the City of Pipestone, Pipestone County, MN.
This site features a choice sizable level rectangular shaped lot consisting of +/-6.08 Acres with approx. 868.94’ of frontage along 6th Ave. SW, 303.81’ frontage along 11th St. SW, 875.75’ frontage along 7th Ave. SW and 303.73’ of frontage along 9th St. SW. This property has existing hard surfaced streets and curb and gutter on all 4 sides of the site. This is a great site situated in the heart of an established area of single family housing. It is located north of Our Saviour’s Lutheran Church and 1 block west of the Pipestone County Medical Center & Family Clinic Avera. Also conveniently located to other community businesses and points of interest. Currently this property is zoned R-1 single family housing. Interested parties are encouraged to contact Doug Fortune, Planning & Zoning Administrator with the City of Pipestone, 507-825-3324, with questions pertaining to specifics regarding zoning and future potential utilizations of this site. City water and sewer are in place and capped at the main line adjacent the property. Electricity and natural gas are also available to the property, but currently tied off and terminated to the site. Recent removal of the former Hill Elementary building and reclamation of the site were completed by DRC, Inc., in accordance with their contract with the district, with all site reclamation and clean-up costs paid for by the Pipestone Area Public School District #2689. This is a “Development Ready” site with a great location that truly is a spectacular property in Pipestone, MN. This property has a generally level to nearly level topography and appears to be very conducive to future residential development.
TERMS: Cash – 10% down the day of the sale on each property and the balance on or before March 18, 2022, with full possession. Marketable Title will be conveyed and at the option of the seller, either an abstract of title continued to date or an Owner’s Title Insurance Policy will be provided. If title insurance is utilized, the cost of the Owner’s Policy will be divided 50/50 between the Buyer and Seller. The closing will be held at the Pipestone office of Winter Title & Abstract Companies at 202 2nd Ave SE Pipestone, MN 56164 (507-825-5833). These properties have previously been tax exempt, therefore any and all RE taxes that are due and payable subsequent to the date of closing, will be the responsibility of the Buyer. The acres, lot size, actual dimensions and boundaries have been determined by a survey of the properties, with the survey costs paid by the seller. Any future use, zoning and development is subject to approval of Pipestone City Planning & Zoning. All future development costs are the responsibility of the buyer. 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. Sold subject to existing zoning, easements, restrictions, reservations and highways of record, if any. Sold subject to confirmation of the Pipestone Area Public Schools Board of Education and/or their designee, with their option to reject any and all bids if in the best interest of the public.
Broker Cooperation Welcome – A 2% Commission is Available to Cooperating Brokers that Register and Represent a Successful Purchaser and meet the prescribed criteria for broker participation , although cooperating brokers must pre-register buyers prior to the day of the auction and meet all of the prescribed criteria for broker participation. For details and pre-registration forms contact Chuck Sutton Auctioneer & Land Broker – 1116 N. West Ave., Sioux Falls, SD – ph. 605-336-6315; Pipestone Realty – 120 N. Hiawatha, Pipestone, MN – ph. 504-825-3389; or Winter Realty, Inc. – 202 2nd Ave. SE, Pipestone, MN – ph. 507-825-5831
PIPESTONE AREA PUBLIC SCHOOLS #2689, Owner – Kevin Enerson, Superintendent
Chuck Sutton Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Pipestone Realty, LLC – ph. 507-825-3389
Dean Stoltenberg – Auctioneer & RE Salesperson – Pipestone, MN – ph. 507-829-6856
Jared Sutton – Auctioneer & Salesperson – Flandreau, SD – ph. 605-864-8527
Tom Winter & Gavin Winter – Winter Realty, Inc. – Co-Listing Brokers -Pipestone, MN – ph, 507-825-5831