Apollo owner buys Lansing Corners

Published 4:13 pm Saturday, June 11, 2011

Lansing Corners has a new owner — finally.

After years sitting empty and a lengthy public auction, Apollo Liquor & Superette owner Dave Olson bought the property for $65,625.

“Congratulations, Dave Olson. You got a buy,” said auctioneer Greg Jensen when he closed the bidding.

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Olson said he bought the property as an investment, and he has no concrete plans for the future. In fact, he wasn’t convinced he was going to buy the property when he went to the auction.

“It was spur of the moment,” Olson said.

“Any options are on the table,” he added.

The auction lasted for about an hour and 20 minutes, with the auctioneers taking many breaks to give potential buyers time to deliberate. Beau Jensen, an employee of Jensen Real Estate & Auction, said typical auctions take about a half hour.

After a recess, one person finally bid $40,000. After more breaks and prodding, another party bid $60,000. Olson’s winning bid was $62,500, with additional fees bringing the sale price to $65,625.

Despite a lengthy auction, Beau was pleased to see the property sell.

“Hopefully, it will be made into something successful again,” Beau said.

More than $40,000 in taxes are owed on the property, but Beau said they will be paid by the seller, MF Investment LLC, before Olson takes control of the property.

About 30 people attended the auction — many just to get a look at the property or share stories.