Rutland School District – Rambler Stop – Real Estate Auction
October 2, 2017 @ 6:00 pm
REAL ESTATE AUCTION
Rambler Stop Convenience Store
Monday Evening October 2, 2017 Sale Time: 6:00 PM
Auction to be held on site at the Rambler Stop in Rutland, SD.
The decision has been made to no longer operate the Rambler Stop as a business therefore we will offer at auction this property as a whole inclusive of remaining equipment and inventory. Property consists of a 40X60 structure with a date of construction of 1998 situated on Lot 5 a 113’X150’ lot along with Lot 6 a 113’X226’X134’ lot lying south of Lot 5. The building has a vinyl type siding, steel roof, central air, LP gas furnace (leased tank), septic system plus above ground 1,000 gal. diesel and gas barrels with retention. The building has a convenience store design with lunch/coffee area kitchen and restroom facility. Also included with the property are all of the remaining contents inclusive of display shelves, tables, chairs, freezers, True beverage cooler, 7 Up cooler (needs work), pop corn machine, 2 Sentry combination safes, several storage cabinets, book shelves, kitchen items plus many rolling inventory items. See pictures on websites to view many of the inventory items. The property is serviced by Big Sioux Rural Water. Come prepared to buy and utilize this property as you desire according to zoning regulations. In order to inspect this property contact Peter Books or Crystal Hansen at 605-586-4352.
Legal Desc.: Lot 4 County Auditors subdivision in W ½ Sec. 9 and Lots 5 – 6, Exc. S. 66’ Lot 6 County Auditors Subdivision in W ½ Sec. 9. all in T. 107N. R 51W., (Rutland Twp.), Lake County, SD.
Terms: Cash- A 20% non-refundable down payment the day of the sale with the balance due on or before November 15, 2017 with possession on final payment. Marketable Title will be conveyed and owner’s title insurance provided with the cost of the owner’s policy divided 50-50 between buyer & seller. A title company closing fee, if any, will be divided 50-50 between the buyer & seller. As this property is currently owned by a tax exempt entity there are no established real estate taxes and any real estate taxes assessed on the property after the title transfers will be strictly the responsibility of the new buyer. This property is sold in “AS IS WHERE IS” condition and with no contingencies whatsoever, plus subjecting to any existing easements, restrictions, reservations of record & any or all Lake Co. zoning ordinances. The information contained herein is deemed to be correct but is not guaranteed. The RE licensees in this transaction are acting as agents for the seller. Sold subject to the confirmation of the Seller.
Rutland Independent School District- Owner
Peter Books- Superintendent or Crystal Hansen- Business Manager
Abby J. Oftedal of Ericsson Law Prof., LLC, Atty. & Closing Agent
CHUCK SUTTON – Auctioneer & Land Broker
Sioux Falls, SD 605-336-6315 & Flandreau, SD 605-997-3777
CHIP WOSJE – RE & Personal Property Auctioneer – Nunda, SD 605-480-2847
WAYNE BESSMAN – RE & Personal Property Auctioneer – Madison, SD 605-270-4980
JARED SUTTON-RE Broker Associate & Auctioneer
Flandreau, SD 605-864-8527
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