Unreserved Online Timed Real Estate Auction - Various Consignors 23DI
Open House: Apr 1 — 11 AM to 3 PM
Industrial Building - Crowsnest, AB
11.19 Acres with 93,000± sq ft Industrial Building with Office Spaces
Auction begins in :
Information on Website and Property Information PDF have been updated. See Below
Image Gallery
Property Summary:
- Legal Description
- Plan 0313303 Block 1 Lot 1
- Size
- 11.19± acres
- Property Taxes
- $19,929.00 (2022)
- Property ID
- 23DI10001-001
- Municipal Address
- 3706 18 Ave
- Municipality
- Coleman, MD of Crowsnest, AB
- Postal Code
- T0K 0M0
- Title
- Freehold
- Land Use Zoning
- Industrial
- Deposit
- $20,000
- Possession
- May 26, 2023
Supporting Documents:
2010 Phase II Environmental Report (PDF)Caveat for Right of Access for south neighbor (PDF)Updated Property Information Package (PDF)
Property Detail:
Restrictions
Caveat on Title, Easement Reg. On Title, Utility Right Of Way, ** Caveat on Title 031411321 grants access across this property to property that lies directly south of this property.
Property Notes
UPDATES (April 11, 2023).
Forklift and Wood Chipper not included.
Cell Tower Installation:
Negotiations regarding the installation of the cell tower are still ongoing, therefore any remaining negotiations will become the buyers responsibility. (Page 4 of Updated PDF).
Goods Included: All items located on property except for fork lift & wood chipper. (Page 3 of Updated PDF).
Goods Excluded: Forklift & wood chipper (page 3 of Updated PDF).
Additional Terms: Added terms: (page 3 of Updated PDF).
It is believed there may be a leak in water line between pumphouse & the building.
The roof leaks in some spots.
Any remaining negotiations (if any) on agreement for installation of cell tower will become the responsibility of the buyer.
Goods Included
All items on property except the fork lift and the wood chipper
Goods Excluded
Fork lift and Wood Chipper
Additional Property Info
93,040± sq ft building on 11.19 acres
BUILDING WAREHOUSE PORTION
- 90,000± sq ft of warehouse/production
- Warehouse is primarily one large area but does have separate spaces along north end of building.
WAREHOUSE OVERHEAD DOOR ACCESS:
- South side - southwest corner - smaller door with ramp access
- South side - southeast corner - 2 overhead doors - dock access
- East side - 2 overhead doors - dock access
- North side - ramp access - 2 overhead doors
- West Side - ground level access - 2 overhead doors
OFFICE & CREW ROOMS
- 2845 sq ft second floor - Main office space with common office area, private offices, filing room and back office with access to warehouse floor.
- On main level under Main office space, is the break room, locker rooms and a crew meeting room.
- From this ground level it is up a flight of stairs to the warehouse level with warehouse offices and storage and the warehouse floor.
LAND USE ZONING
- This lot has been re-zoned to industrial. See end of this PDF for Land Use Zoning Bylaw for Industrial zoning.
CPR rail line borders property on north.
- A former rail spur line has been disconnected from railway (tracks are still in place on the north side of building).
GRAVEL
- On east end of lot is large gravel pile.
LOCATION
- Located less than half km off Hwy 3. Hwy 3 (Crowsnest Pass) runs east-west through the municipality and gives access to markets across Canada and it also provides linkage to other north/south highways that service USA.
NOTE:
- Forklift and wood chipper are excluded.
- ESA Phase II completed April 2010. Copy is on file.
- RPR from 2003 - included in PDF file.
- Property is not currently leased.
- Seller has been told that gravel on south east end of parcel has value.
- Easement on title allows access to lot directly south (RV Park) of this lot.
- If potential buyers have questions regarding their planned use contact the Crownest Pass municipality Planning & Development Dept (403) 562-8833.
- Seller is in process of signing an agreement for installation of cell tower - which will generate annual revenue $12,000 - paid in advance of each year. Negotiations are ongoing therefore any remaining negotiations will become the buyers responsibility.
- Seller with contribute up to $1,000 towards Title Insurance policy to ensure that deal closes on May 26, 2023.
PHOTOS
- More photos available in the Property Info PDF.
Services
Services Notes
Brick pumphouse for water sourced from Allison Creek.
Location
Directions:
From Junction of Hwy 3 and Hwy 22 (Cowboy Trail) head southwest on Hwy 3. Go 33.5 km to west side of Coleman. Continue to 18 Ave. Turn left onto 18 Ave. Go 0.28 km to property on the the left.
Legal
Note to Bidders
- When registering to bid you will be required to have a Letter of Confirmation of Funds from your bank. Letter of Confirmation must be on Bank Letterhead with your name & or company name & amount of funds you have access to that you wish to spend up to. This letter of confirmation will have to be emailed to TEAM Auctions.
- Internet Bidding Fees: 10% up to a max of $5,000 per item.
- If you are the successful bidder, to meet the obligations set by the federal government, you will be asked to verify your identification. You will also need to provide us with your lawyer info to complete the real estate transaction.
- Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. Property titles are available upon request. The information provided is a guide only.
Highlights of Purchase Contract
Completion Day
May 26, 2023 Seller with contribute up to $1,000 towards Title Insurance policy to ensure that deal closes on May 26, 2023.
Deposit
$20,000 bank draft or approved payment payable to Moores Agri-Trade Ltd. due from successful bidder upon close of bidding / signing of purchase contract. Cash and virtual currency will not be accepted.
Conditions
There are no conditions allowed on this contract.
(Bidders must know that their financing is in place prior to bidding and shall have satisfied themselves as to the descriptions, location and condition of the property prior to bidding. If clarification is required, it is the bidder’s responsibility to obtain clarification from Real Estate Brokerage prior to bidding. )
Additional Terms
- The property sells as is with no warranties of any kind whatsoever as to the conditions or fitness of the Property, environmental or otherwise.
- Updated Real Property Report will NOT be provided. Copy of Real Property Report from 2003 is available.
- Fences may or may not be on property lines
- Copy of Purchase Contract is available
- Contract must be signed by successful bidder upon bidding closing.
- Seller with contribute up to $1,000 towards Title Insurance policy to ensure that deal closes on May 26, 2023.
Partial Terms and Conditions
Unreserved and Reserved:
Some Real Estate may have reserved minimum bids. The Auctioneer, at its sole discretion has the right to or/not to advertise and/or notify the buyer as to whether the goods/and or Real Estate being offered in this auction are:
- UNRESERVED: Meaning the seller has agreed to accept the highest bid regardless of price. In this case any items and/or livestock and/or Real Estate offered will sell to the highest bidder regardless of price.
- RESERVED: Meaning the seller has set a minimum price that must be met in order for the Real Estate to be deemed "sold" to the buyer. This minimum "Reserved" price may be indicated to the buyer as a "Reserve Price", "Starting Bid" or as "Subject to Owners Approval" or "not indicated or advertised in any way".
The seller and/or the auctioneer acting as the sellers agent may at any time:
- remove the "Reserve Price" or “Starting Bid” at any time and deem this auction " Unreserved"
- accept any bid, within 2 business days of the auction closing, that is lower than the "Reserve Bid"
- counter offer; any buyer within 2 (two) business days of the closing of the auction.
Your bid as a buyer will be recorded and will remain binding and in affect 2 (two) business days after such time the auction is closed.
You the buyer acknowledges and agree that bidding at this auction is the legal equivalent of a firm commitment and irrevocable offer to purchase, unless otherwise prohibited by law or otherwise noted in these buyer terms. Once you have placed a bid and the bid is accepted by the auctioneer you are obligated to complete the transaction.
- AGENT OF THE SELLER: Real Estate Brokerage acts only as agent of the seller and not as agent of the Buyer. They will provide prospective buyers with all facts known to the agent that will or may affect the marketability or value of the property.
- NO WARRANTY: The Buyer shall accept the Property as-is where-is and specifically agrees that neither the Seller, Auctioneer or Realtor makes any representations or warranties of any kind as to the condition or fitness of the Property, environmental or otherwise, or any improvements thereon.
- It is the RESPONSIBILITY OF ALL BIDDERS to review all information provided, including “Property Information Package” from the Real Estate Brokerage and the terms of this auction. All information provided is meant as a guide only. Bidders shall have satisfied themselves as to the descriptions, location and condition of the property prior to bidding. If clarification is required, it is the bidder’s responsibility to obtain clarification from Real Estate Brokerage prior to bidding.
- GST: Bid price does not include any applicable GST unless announced otherwise by auctioneer.
- DEPOSIT: Immediately at the close of bidding the successful bidder will make a NON REFUNDABLE deposit payable to the real estate brokerage (as listed in the Property Information Package) in the form of a bank draft or other approved payment. Amount is listed in Property Info Package/or as announced by auctioneer.
- PURCHASE CONTRACT: The Real Estate Purchase Contract that applies to each property will be available for inspection prior to the auction. Title(s) will be clear of encumbrances except those which are to remain on the title. All bidders agree that, should their bid be accepted, they will complete and be bound by the terms of the purchase contract. Buyer will pay the balance of the purchase price to their lawyer on or before Completion Day. Possession will be in accordance with the terms of the Purchase Contracts. Note: These contracts will not be subject to any buyer’s conditions.
**TEAM SEKURA AUCTION MAIN SALE TERMS ALSO APPLY.