Auctioneer's Note
TERMS: Ten percent down upon signing purchase agreement, payable by cash or check. Balance due at closing within 30 days. This is a 5% buyer’s premium auction.
An opportunity awaits with this well-located grain elevator in downtown Glencoe, MN. This property features grain bin storage suitable for continued use on-site or for removal. The parcel includes a drive-over pit and drive-over scale. Situated in a strategic location with easy access. Whether for continued ag use or dismantling and relocation, this site has potential!
SOLD
$10,500.00
LAND LOCATION
1218 Hennepin Ave N, Glencoe, MN 55336
OPENING: Tuesday, June 10
CLOSING: Tuesday, June 17, beginning at 1:00PM CDT
AUCTION INFORMATION
McLeod County, MN – Town of Glencoe
Description: TOWN OF GLENCOE BLOCK-059 PART OF LOTS 1-2-3-4
Total Acres: 0.25±
PID #: 22.050.3306
Taxes (2025): $2,718.00
Elevator Details
(2) Storemore bin, 36’x37’, 30,000± bu., inside stiffeners, ladder, repainted interior
(1) Eaton bin, 36’x37’, 30,000± bu., inside stiffeners, ladder, repainted interior
(2) Butler cone overhead bins, 12’x11’, with support structure
Platform scale, 60’
Butler grain leg, 95’, 4,000 bu/hr., discharge ht leg
Grain leg, 75’, 4,500 bu/hr., discharge ht leg w/new boot
Grain leg 60’, 3,000 bu/hr.
U-trough, 95’x12”
Hammermill
Distributor, 12-hole, 10”
Steel spiral staircase
Current lease is in place with the Twin Cities & Western RR Co for the two parcels next to the railroad tracks.
Option will be given to the high bidder to purchase the Olson Elevator LLC company.TERMS: Ten percent down upon signing purchase agreement, payable by cash or check. Balance due at closing within 30 days. This is a 5% buyer’s premium auction.
CONTACT
Randy Kath at Steffes Group, Inc, (701) 429-8894 or (320) 693-9371
Steffes Group, Inc., 23579 MN Hwy 22 South, Litchfield, MN 55355
