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14 posts categorized "Auctions"

July 09, 2009

Rochester real estate on auction block

ShowPhoto-1.aspx Look for 2,566  square feet of a Rochester commercial building plus a rental/residential home will hit the auction block on July 14 @ 5 p.m.


Rochester auction house Maas Cos. is handling the sale.

The primary building - a house-like commercial building is located at 411 12th Street S.E. That translates to U.S. 14 East.

March 11, 2009

Construction co. closed, auctioning equipment

Since everyone already believes I only report the so-called "bad" stuff, I thought I might as well add this one. I know a few of you have commented on this already on the blog.

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After more than 35 years of building in the Rochester area, the Floyd Larson Construction Co. closed earlier this year.

And the reason is a familiar one.

"With the local housing market dipping so badly.we didn't have any work coming up," said Andy Larson, one of the three owners. He owns the business with Scott Krom and Scott Larson.

Look for Rochester's Grafe Auction to sell off the tools, equipment and trucks on March 24 at 3848 U.S. 14 East.

Preview starts at 9 a.m. and bidding starts at 10:30 a.m.

February 06, 2009

Hundred Acre Woods = Foreclosure

So I saw Rochester's Hundred Acres Woods development in the our classified section this week.

Hundredacreimage
It seems Lakeland Construction is foreclosing on the lengthy list of lots in the Floyd Calhoun's housing development by the Eastwood Golf Course. One lengthy legal ad (filling up about four classified columns. That should cover my modest expenses this week) detailed more than $7 million worth of property.

A second ad (This one poured across two columns) tallied up to $1.2 million.

The image here is from a 2005 brochure.

Beside Floyd Calhoun of Eden Prairie, Lakeland also named McGhies & Betts, lots of related Calhoun companies and "Jane and John Doe and all other persons unknown claiming any right, title, estate, interest or lein in the real estate."

Hhmmm... I wonder if that includes Winnie The Pooh and Piglet. I mean they lived in trees, but they did have some construction build out and value in those dens.

 The Sheriff's auction is slated for March 11, if the money is not paid up by then.

October 10, 2008

2 closed Roch. eateries + auctions = Oct. 24

If you are looking to start a restaurant, you might want to plan on doing some shopping on Oct. 24.
Signauction7t
The contents of two closing Rochester restaurants – Camille's Sidewalk Cafe and Salad Bros. on Second Street Southwest – will be auctioned off that day.

The way I understand it, Salad Bros. sale is slated for 10 a.m. and Camille's for 2 p.m.

The double header should have the folks at Grafe Auction in Spring Valley hopping that Friday.

September 23, 2008

Trading Post tool auction on Oct. 18-19

100907tradingpost2jkHere's some more detail on the transformation of the Trading Post tool store in Rochester.

I believe the store in the next week or so – at least by Oct. 1. Then the folks at Grafe Auction will auction off excess inventory – "Hundreds of thousands of dollars worth of tools" – on Oct. 18-19.

While this store is closing after about a year in business, its owner Pace Electronics is still staying in the tool business. It will offer "pretty much wholesale business-to-business" sales as well as online catalog sales, Pace leader Pat Deutsch.

And the original Trading Post store, based in Gordonsville, Minn., will stay open. In fact, Deutsch says his company plans to remodel it to make it more "consumer friendly."

September 09, 2008

One Roch. building sold, one didn't @ auction

This morning Maas Cos. held an auction to sell two Rochester commercial buildings off of Elton Hills Drive Northwest.
6junephotosfromtyler0732

The buzz is that one sold - 1932 Viking Drive N.W. That's the old Zumbro Valley Mental Health building.

The other one on the block - 315 Elton Hills Drive NW – didn't sell, according to my source at the sale.

I'll check to confirm this and hopefully get more details, like the buyer of the Zumbro building and what will happen to the old Buy Rite building.

September 03, 2008

The Ranch's last day …?

The last night The Ranch on Rochester's South Broadway will serve meals is Sept. 13.
011108ranchbuildingjk

WcphotoRemember, this is the deal where the Ranch will be mostly leveled and gutted and rebuilt into a Whiskey Creek Wood Fire Grill steakhouse. That's Whiskey Creek, not Whiskey Bones.

The owners will be same.

Right after the the closing, an auction to sell off the dining room furnishings, kitchen equipment, architectural components, and everything is slated for 10:30 a.m. Sept. 16.
Grafe Auction Co. will do the honors.

I'll have more on this soon.

June 17, 2008

ShopKo lot to be auctioned June 27

061608shopkolotjk
The auction of the 17,000-square-foot grass and asphalt plot by the ShopKo South sign and Culver's is slated for June 27.

051208shopkolotjkThis is parcel that ShopKo was in talks with a fast food place (any guesses?), but the deal fell through. Now they have moved a Park and Ride spot from there and are seriously trying to move the lot to a new owner.

May 19, 2008

Krause Auctioneering = new Rochester location

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It sounds like Krause Auctioneering is moving to a new Rochester base for its consignment auctions.

The word is that Cols. Ron and Patty Krause will run the Krause Auction House in the former Frames and More store at 2130 South Broadway. That's the 21st Century Building.

The plan is to have auctions on Mondays (including Memorial Day) and Thursdays.

I should have more on this soon.

May 12, 2008

ShopKo lot on the block

• Rochester’s ShopKo South store recently had a city Park and Ride location moved away from an out lot slated for development.
051208shopkolotjk
So what’s the next step for the 17,000-square-foot grass and asphalt plot?

The auction block, said Doug McHose, ShopKo’s senior vice president of operations.

“We were in conversations with a fast food retailer,” he said. “But that deal fell apart and a little bit of that was due to the Park and Ride.”

Now that obstacle is gone, the new plan is to sell it by auction in the near future.

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