Here is your chance to bid on a highly visible building with a large lot on Agency Road. For information contact auction manager, Nate Larson of Steffes Group, 319.385.2000 or by cell, 319.931.3944

Timed Online Commercial Real Estate Auction

West Burlington, Iowa
Located at 503 West Agency Road, West Burlington, IA 52655


Bidding Opens:
Wednesday, October 16th     
Bidding Closes:
Wednesday, October 23, 2019 at 4:00 PM


Open House on Wednesday, October 9th from 4-5pm



30’x72’ BUILDING ON 1.84 ACRES M/L

Here is your chance to bid on a highly visible building with a large lot on Agency Road.  Looking to grow your business?  This property has room for expansion!  The 2,160 sq.ft. building has a front office/showroom area with mezzanine storage above and a large shop workspace with an overhead door.  The building is insulated, has a hanging gas heater, a bathroom and (2) 100 amp breaker boxes.  Currently the building is serviced by Alliant Energy for gas and there is no city water or city sewer to the building.  The property is currently zoned B-2 and is leased to a small auto repair business.

Included: Modine gas heater
Not included:
Surveillance system, Car lift, Air compressor, Work benches, Shelving, All shop equipment & personal property of the tenant’s.

Terms:10% down payment on October 23, 2019.  Balance due at closing with a projected date of December 6, 2019, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of December 6, 2019. (Subject to tenant’s rights)
Real Estate Taxes:  To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.


Real Estate Taxes

Gross              $6,064.70
Business Cr. ($2,235.11)
Net                  $3,830.00


SPECIAL PROVISIONS:


Owner: Marjorie L. Bauer Estate
Two Rivers Bank & Trust – Executor
Cynthia F. Sharpe – Vice President – Trust Officer
Shane M. Wiley – Attorney for Estate

 

For details contact auction manager Nate Larson of Steffes Group, 319.385.2000 or by cell, 319.931.3944

 


Lot #: 1

in: Commercial

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. Steffes Group Inc., agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.