Former Andrews Incorporated Property to Be Sold at Bankruptcy Retirement Auction
Princeton, Minn. (PRWEB) April 27, 2016 -- Andrews Incorporated of Princeton, the former Saab, Volvo and Subaru auto repair and sales center at 3558 Brickton Road, will be auctioned by Maas Companies on June 2 at 10 a.m. The auction will include the real estate, cars, parts and equipment, including an adjacent bare land tract zoned residential. Maas Companies specializes in the liquidation of specialized assets for banks and lenders nationwide.
The 13,801 sq.ft. building sits on 3.47 acres with commercial zoning, Highway 169 frontage road, a rooftop 50 x 12 foot billboard, with a free standing warehouse for storage. The daily traffic count is 19,000 cars on Highway 169. The body shop second level has a customer waiting area, three offices, a bathroom and a company lunchroom...or....the second level can be used as a three-bedroom apartment with a private entrance. It is pre-stressed concrete construction. The auto repair shop has 20 bays. Also selling at the auction is an adjacent 1.75 acres of bare land tract zoned residential.
Following the sale of the real estate, all of the equipment will be sold piecemeal. Highlights of the 500 lots include: $140,000 new Saab auto parts, thousands of used parts, 9 Rotary 2 Post Hydraulic Car Lifts 10,000 lb/9,000 lb, Car-O-Liner frame rack, TECOR Imperium XL paint/ bake booth and paint spraying equipment, service tools/body shop equipment, 8-car auto transporter, used and collector cars and trucks, mostly Saab brand. Bidders can participate on line or in person.
“This is an excellent opportunity to purchase a turn-key auto repair and auto body shop,” Tyler Maas, Maas Companies said. “The wide range of new and used car parts, top of the line paint booth and service tools will appeal to any Saab lover.”
Princeton is located 50 miles north of the Minneapolis-St. Paul metro area at the intersection of Highways 169 and 95, on the scenic Rum River. It is a community that embraces its rich and full history, yet welcomes growth opportunities. The community offers outdoor recreational opportunities, unique shopping, and events all year long.
Princeton also has a thriving and growing industrial park. Several successful manufacturing companies are located there.
Potential buyers are encouraged to view the property during the following days (other times by appointment):
Wednesday, May 18 10 a.m. – 5 p.m.
Wednesday, June 1 10 a.m. – 5 p.m.
Thursday, June 2 8 a.m. – 10 a.m.
Details of the sale are available at the auction website, maascompanies.com or by contacting the auction company directly at (507) 285-1444.
Allison Guyton, Maas Companies, http://www.freijeauctioneers.com, +1 (800) 510-5465, [email protected]
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