Wednesday, October 28, 2015 @ 11:00 a.m.
Sale Site: Red Lion Hotel @ 2300 Evergreen Park Drive, SW, Olympia, WA 98502

AUCTION
By Order of the Court Appointed Receiver
Case # DC-13-12415, in the District Court of Dallas County, Texas, 14th Judicial District

Former Brewery in Tumwater, Washington

1% Broker Co-Op Fee Available

* Former Brewery with 3 Buildings on 7.20 acres, frontage on the Deschutes River
* 2 Industrial Warehouses on 22.2 acres with rail service via Union Pacific
* 2 Vacant Lots Zoned Multi Family

Wednesday, October 28th @11:00 AM
Sale Site: Red Lion Hotel @ 2300 Evergreen Park Drive, SW, Olympia, WA 98502

* Tri-Modal Transportation: Freeway, Rail and Port
* Located right off Interstate 5, Olympia’s Port and in Washington State’s Capitol Area
* Public Utilities - Water & Sewer - Puget Sound Energy
* Over 300 Brewing Tanks On Site


Dear Prospective Bidder,
Hudson & Marshall is pleased to have been chosen by the Court Appointed Receiver to offer you this unique investment opportunity. The former brewery complex, warehouses and lots are being offered at public auction. This brewery is a landmark site at the south end of he Puget Sound and once home to several Brewing Companies. Please inspect the real estate prior to auction day and come prepared to purchase excellent property at AUCTION prices!
Best of luck in your bidding:
Hudson & Marshall, Inc.


PROPERTY 1

Main Brew House Property
100 Custer Way SW
Tumwater Washington
Tax Parcel: 45700600000
Description: 3 principle structures, Main Brew House Facility, the Office/Bottle House Building
and the M Cellar Building, situated on 7.20 acres. Over 300 brewing tanks located throughout the buildings. Located along the east bank of the Deschutes River and fronting the South side of Custer Way SW.

Zoning: Zoned LI, Light Industrial, HC & HC3 (Historic Commercial)


Office/Bottle House
No. of Stories: 2-3
Footprint: 30,000 SF
GBA: 73,000 SF
Year Built: 1935-1960
Contains corporate offices as well as the former bottle house area on the ground floor totaling approximately 10,244 SF. Another 4,000 SF on the ground floor devoted to maintenance shop space. The remainder of the building consist of corporate offices, meeting rooms and some additional maintenance/shop space.

Main Brew House
No. of Stories: 4-6
Footprint: 75,900 SF
GBA: 265,600 SF
Year Built: 1930-1968
The main brew house contains the former brewing operation, fermenting vat storage and cellaring. The ground floor and lower level were largely devoted to brewery operation. The third floor hosted the former Tasting Room and gift shop area as well as additional office space and cellar space. The upper floor space was used for a variety of brewery functions and storage.

M Cellar Building
No. of Stories 6
Footprint: 6,000 SF
GBA: 33,500 SF
Year Built: 1946
The building consists of six floors. Each floor is devoted to a large stainless fermenting vessel storage with the majority of vats still in place.


PROPERTY 2

Main Warehouse
4090 Capitol Blvd
Tumwater, Washington

Tax Parcel: 09470046000

* Description: 2 industrial warehouses, the Main Warehouse and the Rewash Building situated on 22.20 acres. There are several small outbuildings on the property.
* Zoning: Zoned LI, Light Industrial, HC & HC3 Historic Commercial
Rail Service: via Union Pacific

Main Warehouse Building
Footprint: 256,321 SF
Mezzanine: 50,151 SF
GBA: 306,478 SF
Year Built: 1945
The property consists of three footprint sections. The central and southerly sections are set up for storage and distribution use with columns spaced at typical 20’ intervals. It is concrete construction with 16’ to 24’ clear height and is served by 77 dock high truck doors.

Rewash Building
Footprint: 19,200 SF
Mezzanine: 7,680 SF
GBA: 26,880 SF
Year Built: 1973
A two story concrete structure. The non footprint covered site area is mostly asphalt paved. The building includes a mezzanine level of approximately 7,680 SF. This building also has a conveyor connection to the Brew House building on adjacent parcel. Lower level is a mixture of shop and storage space with some office/restroom areas.


PROPERTY 3

North Cleveland Lot
Tumwater, Washington

* Parcel: 09470019000
* Description: .98 Acre Lot
* Zoning: Zoned MF, Multi Family

PROPERTY 4

South Cleveland Lot
4401 Cleveland Ave. SE
Tumwater, Washington

* Parcel: 09470020000
* Description: 1.03 Acre Lot
* Zoning: Zoned MF, Multi Family


Wednesday, October 28th @ 11:00 a.m.
Sale Site: Red Lion Hotel @ 2300 Evergreen Park Drive, SW, Olympia, WA 98502


A comprehensive due diligence package on these properties, including Phase I Environmental and Title Report, can be viewed at www.HudsonandMarshall.com or call 800-841-9400 (Tracy Marshall) to have a copy sent to you.TERMS AND CONDITIONS

SALE SITE:
Red Lion Hotel, 2300 Evergreen Park Drive, SW, Olympia, WA 98502 on Wednesday, October 28, 2015 at 11:00 a.m.

TERMS OF SALE FOR REAL ESTATE:
Successful bidders will pay an earnest money deposit equal to ten percent (10%) of the total purchase price with the balance due at closing on or before Friday, December 18, 2015 for all properties .

NOTE: Lots 1 & 2: A cashier’s check (made payable to yourself) in the amount of $25,000.00 is required as a portion of your down payment. A personal or business check can be used to pay the balance of the 10 % down payment.

NOTE: Lots 3 & 4: A cashier’s check (made payable to yourself) in the amount of $ 5,000.00 is required as a portion of your down payment. A personal or business
check can be used to pay the balance of the 10 % down payment

BUYERS PREMIUM:
All real estate sold at this auction will be sold with a 5% buyer’s premium fee. The bid amount plus the 5% buyer’s premium equals the final purchase price.

TITLE:
All property sells subject to the Title Policy available in the property information package.

CLOSING COSTS:
Closing shall occur on or before Friday, December 18, 2015. The 2015 real estate taxes will be pro-rated at closing and the Seller pays all back taxes. Seller shall also pay the State of Washington excise tax, one half of the escrow fees and basic owners title policy. Purchaser shall pay for one half of the escrow fees, all loan closing costs, appraisal fees, recording charges and any and all other costs associated with closing this transaction. All prospective bidders should consider engaging counsel of their own choosing to examine the commitment for title insurance and all matters inferred to their end as affecting the state of title of properties on which they intend to bid. Seller, Auctioneer and Seller’s Agent make no warranties or representations, expressed or implied, written or oral, other than marketable title free and clear of liens and encumbrances other than exceptions as stated in the title commitment.

BROKER PARTICIPATION:
Broker Participation Invited: A 1% broker commission, before the inclusion of the buyer’s premium, will be paid to brokers who represent a purchaser on any auction property. You must perform the duties below to receive a commission for representing the buyer:
• Review the “Terms and Conditions of Sale” and Professionally assist your client by providing relevant advice and property information.
• Preview the property with your client prior to attending the auction.
• Email or fax registration form to Hudson & Marshall no later than 5:00 p.m. the day prior to the sale. Email to This email address is being protected from spambots. You need JavaScript enabled to view it. Registration forms may be obtained from our website or by calling 800-841-9400 to have a copy emailed.
• Attend the auction with your client and sign their contract acknowledging representation.
• Each step must be completed. If any of these steps have been omitted, the broker will not be paid a commission.
There will be no exceptions. Bidders will be required to acknowledge buyer broker relationship as they register at the sale. By bidding, each bidder and buyer broker agree to indemnify and hold harmless Seller, Auctioneer and Seller’s Agent for any and all claims for compensation made by any person or entity in connection with the auction. On-site solicitation of buyers on the day of the auction is prohibited and is grounds for removal from the auction at the sole discretion of the Hudson & Marshall staff. No commissions will be considered earned and shall not be paid to a broker that solicits a buyer on-site on the day of the auction.

INSPECTION:
Shall be by appointment only. Call Troy Dana at 360-357-7979 to schedule an appointment.

BUYERS NOTE:
Information contained herein was taken from sources deemed reliable and is believed to be correct. Although every precaution has been taken to insure the accuracy of the information herein, Hudson & Marshall, Inc., Seller, Sale Managers and all of their agents will not be responsible for any errors or omissions. Auction plats and photos have been compiled from existing legal descriptions and plats, but are not guaranteed for complete accuracy. Buyer to independently verify all information provided herein. It is the Purchasers responsibility to conduct their own due diligence and make their own decisions as to the accuracy of all information. All property sells in its "As-Is/Where-Is" condition with no warranties expressed or implied. Auctioneers are acting as agents for the Seller not the Buyer. Announcements made at the auction take precedence over all written matter. Buyers should carefully verify all items and bid accordingly. Unless the property is marked absolute in the auction brochure, it sells subject to Seller Confirmation.



Auction Contact

For More Info: 
Call Troy Dana with Dana Commercial Real Estate at 360-357-7979 or for auction information call Hudson & Marshall at 800-841-9400 (Steve Slocumb)

License Info

GAL #274

LICENSE INFORMATION: 
Troy Dana Real Estate Broker Lic. #10602, Auction: Hudson & Marshall, 2216; Benjamin G. Hudson, Jr., 2588

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