Commercial Real Estate Auction
237 S Main St - Kimball, SD
Auction Location: 237 S Main St, Kimball, SD
Owner: Robert L. Miller Estate, Doris Powers Lauing, P.R.
Open House: Monday, September 17, 4-6 pm
Auctioneer's Note: Formerly operated as CBS Miller’s Oil & Package Liquor by Robert L. “Bob” Miller beginning in 1972 until failing health forced Bob to close the business in 2011. This auction represents a unique opportunity for someone to purchase a large, extremely well-located piece of commercial real estate in the heart of downtown Kimball, SD! Property will be shown by appointment or we will be onsite Monday, September 17 from 4-6 pm for property tours. More details to come, please check website regularly for updates! Remember…Only at Auction!
Come prepared to buy! Contact our office with questions or to schedule a showing if you are unable to attend the open house.
Parcel 1: Lot 7 & 8 Block 11, Original Kimball Brule County, SD. Real Estate Taxes: $57.08 (2018). A rare find in Kimball’s business district is this 50’ x 142’ bare lot with Main Street frontage and alley access to the rear of the lot. Great opportunity for someone to build a new business with excellent visibility and great location! Note: Parcel 1 size is subject to survey to be completed prior to auction.
Parcel 2: Lots 9-12 Block 11, Original Kimball Brule County, SD. Real Estate Taxes: $1079.82 (2018). This parcel consists of the existing 1596 square foot masonry constructed building and includes the massive 100’ x 142’ corner lot with nearly 5000 square feet of existing concrete parking area. Note: SD DENR is assisting with the removal of the existing underground fuel tanks, lines, etc. Removal could be completed prior to the auction but most likely before closing. This removal is at no cost to the Purchaser. For more details about the tank removal, please contact the office.
Parcel 3: The combination of Parcels 1 & 2. Together these two parcels offer a 150’ x 142’ corner lot perfect for the entrepreneur looking to build or expand their business. Property will be sold in a manner that generates the most revenue for the seller.
Personal Property & all contents of the building will be sold Sunday, September 30 at 11 am and is being conducted by Tupper Auction Service, Wayne Tupper, 605-680-1000. Click Here for Info on Personal Property Auction
Terms: A 20% non-refundable earnest money deposit along with a signed purchase agreement will be required the day of the auction. The balance of the purchase price will be due in full, certified funds at closing on or before November 5, 2018 at Brule County Abstract Co., Chamberlain, SD. The Seller will pay 2017 R.E. taxes due and payable in 2018. 2018 R.E. taxes due and payable in 2019 will be pro-rated to closing date based upon the 2017 levy. Buyer is responsible for subsequent R.E. taxes. Title Insurance and closing service fee will be divided equally between Buyer and Seller. Information on this property was obtained from the Brule County governmental offices. This information is deemed reliable but is not guaranteed by the Seller or Peterson Land & Auction LLC who is representing the Seller only in this transaction. Property will be sold subject to seller confirmation. Property sells for cash. No buyer contingencies of any kind are offered nor will any be accepted. Please have financial arrangements secured prior to bidding. The property will be sold in “As-is” condition-No warranty is made as to property boundaries, soil productivity, water supply or environmental hazards. Please inspect the property to the extent deemed necessary and rely on your own judgment when bidding. Do your own research both onsite and offsite. Announcements made day of auction take precedence over printed material or prior representations.