Looking for a place to expand your business? This 2,400 sq.ft. building lends itself to many possible uses, along with room for expansion with the 154’x122’ corner lot. For information contact Nate Larson at Steffes Group, 641.423.1947 or 319.931.3944.

Timed Online Commercial Real Estate 

Bidding Opens: Thursday, July 16^th      

Bidding Closes: Thursday, July 23rd, 2020 at 4PM

Open House on Wednesday, July 8th, from 4-5PM

2,400 Sq.Ft. Building with Highway 3 Frontage

Looking for a place to expand your business? This 2,400 sq.ft. building lends itself to many possible uses, along with room for expansion with the 154’x122’ corner lot. The concrete walled building was built in 1999 and features a front office with ½ bath and separate work room with adjoining handgun/archery range. There is a large workshop area with overhead door and two adjoining work rooms and a ¾ bath. Facilities include 3 phase electric, Lennox high efficient gas forced air furnace with central air, city water, city sewer and Zoned C-2.

Included: Any item present on the day of the closing.

Not included: Refrigerator, All attached and unattached furniture & equipment.

Terms: 10% down payment on July 23, 2020. Balance due at closing with a projected date of September 4, 2020, upon delivery of merchantable abstract and deed and all objections have been met.

Possession: Projected date of September 4, 2020.

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                $2,993.60
Business Cr.   ($1,100.38)
Net (Rounded)  $1,894.00

SPECIAL PROVISIONS:

• This online auction will have a 10% buyer’s premium, capped at a $1,000 maximum charge. This means the buyer’s premium in the amount of ten percent (10%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
• Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures.
• Seller shall not be obligated to furnish a survey.
• This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
• Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• If in the future a site clean-up is required it shall be at the expense of the buyer.
• The buyer acknowledges that buyer has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its “as is” condition and there are no expressed or implied warranties pertaining to the condition of the real estate.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.

 

Be sure to check out the CNC’s, Shop & Lawn Equipment & More, also up for auction on July 23 by clicking HERE

Owner: Secured Lender

For information contact Nate Larson at Steffes Group,

641.423.1947 or 319.931.3944

Lot #: 1

in: Commercial

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