Auction Note

HIGH PROFILE COMMERCIAL REAL ESTATE AUCTION Currently a Hotel and Convention Center Grand Forks Inn and Suites SE Corner of I-29 and Hwy #2 Grand Forks, ND Written Bids Due by 12 p.m. on April 2, 2018 Live Oral Bidding Wednesday, April 4, 2018 – 11:30 a.m.   Auction Location: On Site: 1210-1220 N 43rd St. - Grand Forks, ND 58203 Auction Note: Pifer’s is proud to offer for sale some of the highest profile real estate in Grand Forks! Formerly the Holiday Inn and the Howard Johnson, The Grand Forks Inn and Suites is being sold by Auction on April 4, 2018.  Located on an expansive 6.14-acre lot of high profile Grand Forks land just southeast of the intersection of I-29 and Hwy #2 in Grand Forks, ND, the 98,000 sq. ft., 149-room hotel and events complex is ready for renovation, re-purposing, or re-development.  Address: 1210 -1220 N 43rd St Grand Forks, ND 58203   This property features: 149 Rooms Kitchen, Dining, and Bar Space Ballroom and Meeting Room Area All FF&E included! Water Park Owners represent they have recently conducted over $150,000 in repairs on the roof. Because the property is being sold “AS IS WHERE IS”, it’s highly recommended buyers conduct their own due diligence and structural inspection. PROPERTY IS BEING SOLD “AS IS, WHERE IS”. Showing Instructions:  Property tours are available on March 1st, 15th and March 29th at 1 PM to 3 PM or by appointment. To participate in the live auction on April 4th, you MUST submit a written bid by 12 PM on April 2nd.  Minimum bid of $1,000,000 (one million dollars). Financing Available: $1.5+ million in assumable low interest SBA financing available for a qualified buyer. Contact: Dave Keller at 701.261.8804 for more information, or Pifer’s Auction & Realty at 877.700.4099 for a complete catalog. Property Tax Numbers:  44111500001001, 44111500001002 Lot Size: 6.14 acres on two lots. (267,468 +/-  sq. ft.) Building Size: 98,000 +/- sq. ft. Address: 1210 -1220 N 43RD ST GRAND FORKS, ND 58203 Legal Description: 1210 N 43RD ST LOT 1 (REPLAT OF BLK 1) B 1 & 1220 N 43RD ST LOT 2 (REPLAT OF BLK 1) B 1 Taxes (2017): $67,316.00