Property Location: 208 E. Cedar St., Beresford, SD or From the East Edge Of Beresford, SD at the intersection of Louise Ave and HWY 46 go West on HWY 46 for mile to the site of the property or from the Exit Ramp of Interstate 29 go East on HWY 46 for approx. 1 1/4 mile to the site of the property! This property is located on the North side of HWY 46 Auction to be held onsite at the property.

Live Auction Date: April 2, 2024 5:00 P.M.

Property Abbreviated Legal Description: Lot one (1) and the West 90 feet (W 90) of Lot Two (2), Block One (1), Armours Addition To City Of Beresford, Lincoln County, South Dakota. Sold subject to all public easements and roads of record.

Property Description: This commercial property features approx. 1.28+/- acres located on the highly traveled HWY 46 In Beresford, SD! This property also features a Butler Farm Master steel frame building that is approximately 40ft x 50ft built in approx. 1970. This building has a concrete floor and the interior of this building includes a 11ft x 17ft office area/restroom with the remainder of the building consisting of cold storage. This building also has one sliding door on the North side that is approx. 13ft tall and 20ft wide! This property has water, elec and sewer available to the property! This property is currently zoned light industrial and buyers are encouraged to verify with the City of Beresford that the buyers proposed use of the property will be permitted. Dont miss out on this opportunity to purchase prime HWY 46 frontage commercial property located in Beresford, SD! Whether you are looking for a new location for your business or looking to start a business or you are an investor looking for a property to purchase as an investment this is an tremendous opportunity that is rarely available!

Method of sale: This shall be a live in person auction to be held at the property. This property is sold based on the legal description available and boundaries and acres are not guaranteed to be accurate as a recent survey has not been completed.

Taxes: The current Real Estate Taxes according to the Lincoln County, SD Treasurer are approx. $2,972.96 per year. Seller will prorate property taxes to closing day.

Possession: Full possession will be granted to the buyer on closing day. Closing day will be on or before May 7, 2024.

Terms: Purchaser (s) will be required to pay a non-refundable 15% of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before May 7, 2024. Title insurance and closing fees shall be split 50/50 between the buyer and the seller. Michael McGill Attorney shall act as closing and escrow agent for this transaction. Buyer shall receive a clear and merchantable title to the property on closing day. This property is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. This property has NOT been surveyed and the acres stated are understood to be more or less and are not guaranteed. Buyers are required to verify that buyers potential use of the property will be permitted on the property with the proper governing body. All measurements, years built and property sizes are estimated only and are not guaranteed. All buyers are encouraged to do buyers due diligence. Any announcements made day of the auction will supersede any advertisements. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.

Tri-State Ready MixOwner