SPEARFISH, SD REAL ESTATE AUCTION – 1.05 ACRES of COMMERCIAL LAND

Auction Date:

September 11, 2024 | 6:00 pm

Auction Location / Nearest City:

SPEARFISH, SD

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Auction Description:

SPEARFISH, SD REAL ESTATE AUCTION – 1.05 ACRES of COMMERCIAL LAND
Online Auction
Auction Starts: September 9th, 2024 – 8:00am
Auction Ends: September 11th, 2024 – 6:00pm
Location: INDUSTRIAL DRIVE, SPEARFISH, SD

REAL ESTATE OPEN HOUSE SCHEDULE:
You are invited to stop by and look this property over anytime. Corners are marked.
SUNDAY SEPTEMBER 1st, 2024 2:00PM TO 3:00PM
SUNDAY SEPTEMBER 8th, 2024 2:00PM TO 3:00PM
or by appointment anytime.

PROPERTY HIGHLIGHTS INCLUDE:
1.05 ACRE PLATTED LOT THAT IS BUILD READY
ZONED: Light/Restrictive Industrial https://codelibrary.amlegal.com/codes/spearfish/latest/spearfish_sd/0-0-0-6195
BRIEF LEGAL DESCRIPTION: HANSEN ADDITION LOT 6, BLOCK 2, LAWRENCE COUNTY, SD
LAWRENCE COUNTY PARCEL ID # 32250-00200-060-00
LOCATED IN THE INDUSTRIAL PARK EAST SIDE OF THE SPEARFISH WALMART, ON INDUSTRIAL DRIVE.
CLOSE PROXIMITY INTERSTATE 90
CITY WATER AND SERVICES
HARD SURFACE ROAD TO THE PROPERTY
READY FOR YOUR BUILDING PLANS
NATURAL GAS & ELECTRICITY ARE IN
THIS PARCEL IS NEARLY LEVEL & VERY VISIBLE FOR CUSTOMERS TO LOCATE
UNLIMITED USES FOR ANY PROFESSIONAL OFFICES, MANUFACTURING, CALL CENTER, TECH HUB, DISTRIBUTION CENTER & MORE ……. WITH THIS LOCATION, THE POTENTIAL IS FANTASTIC. AUCTION PREVIEW SCHEDULE IS POSTED BELOW. YOU ARE WELCOME TO STOP BY ANYTIME AND LOOK THIS OVER.

MCPHERSON AUCTION & REALTY
605-348-1369
[email protected]

REAL ESTATE BROKERS, BRING YOUR BUYERS. CONTACT US FOR DETAILS & AVAILABLE COMPENSATION
6% BUYER FEE ON THE SALE OF THIS PROPERTY
CLOSE IN 30 – 45 DAYS AFTER THE AUCTION
FULL TERMS WILL POST LATER

Conditions of Development
(a)   Buyer must submit building and property site plans within six months of the closing date.
The building and property site plans must conform to all applicable codes of the City of
Spearfish and the Spearfish Business and Industry Park Covenants, Conditions and Restrictions.
(b)   Construction of the building must commence within one year of the closing date.
(c)   The building must be ready for occupancy within eighteen months of the closing date.
Notwithstanding the preceding, in the event of a delay caused by severe weather,
manufacturing delays, national health emergencies, or any other circumstances outside
the reasonable control of the Buyer, this deadline may be extended as reasonably
necessary for a period mutually agreed upon by both parties provided that buyer is
diligently pursuing completion of the construction of the building.
(d)   Buyer will at a minimum be a business bringing a minimum of six jobs to the City of Spearfish.
Seller’s Right of Reentry
Upon Buyer’s breach of any one or more of the Conditions of Development,
Seller shall have the right to reenter and resume possession
of title to the property including all improvements.