Online Only Commercial Property Auction
Of 100 ft x 250 ft -25,000 sq ft Commercial building and Property-which was constructed new in 2005 is located in the heart of Manufacturing and Industry in the Progressive Westview Business Park in the Community of Rock Valley, IA.
Location, Location, Location
Location: 197 Westview Dr. Rock Valley, IA. or from Town and Country Implement go approx. ¾ mile South on Eagle Ave.—–Auction signs will be posted!
Auction will open on June 25, 2018 at 8:00 A.M. and
will close on July 10, 2018 at 6:30 P.M.
Auctioneers note: Opportunity is knocking!! We are honored to offer this excellent Commercial property with a 25,000 sq ft heated building with offices, restrooms and so much more! This property also has room to expand to the west with an additional approx. 26,000 sq ft lot that can be purchased. This property has it all—a large corner lot with excellent access and southern exposure. If you are looking to relocate your business or expand your current business, opportunities of this nature rarely can be found.
Legal Description: Parcel A in Lot 5 Westview Business Park 2nd Addition, in the Incorporated City of Rock Valley, IA. –EXC the west 138 ft of Parcel A- Subject to public utilities and any/all easements of record and public roads and Highways.
General Description: This outstanding property features an approximate 1.65 acre lot. Lots of this size are nearly impossible to find. This property features a 25,000 sq ft steel construction heated building with 14ft sidewalls built in 2005. This property has a southern facing exposure with excellent street access. This building features several finished offices and his/her restrooms and also a break room area. This property also features ample room for added future parking for employees and customers. This building also has a dividing wall and could be separated for separate businesses. This building has 2- 13 ½’x 20’ and 1—13 ½’x22’ overhead doors. This building also has a 8’ x 10’ door with loading dock. The office areas feature a separate electric furnace and a/c. The 2 separate shop areas are metered separate for electric. This property also has 3 phase electric. This property is serviced by Mid America gas for the heat and REC for electric and the City of Rock Valley for sewer/water/garbage. This property is currently zoned light Industrial. This is an unbelievable opportunity to purchase a building in the progressive Community of Rock Valley, IA. –“The Manufacturing Capital of Northwest Iowa” This building is well maintained and is available for possession at closing. Opportunities of this nature are extremely rare in this Northwest Iowa Community. The buyer of this property will also have the option to purchase approximately 138 ft x 190 ft lot to the west for $30,000.00 for future expansion if the successful bidder desires to purchase this extra lot the buyer will have 7 business days to exercise this option and close within 30 days.
Open house: Open house will be held on Wednesday June 13, 2018 from 5:30 P.M. to 7:00 P.M. or by contacting one of the agents listed below.
Taxes: Current Real Estate Taxes are $19,406.00 per year. Taxes will be prorated to date of closing.
Method of Sale: This will be an online only auction. Property will be sold in total dollars.
Possession: Possession will be on closing day August 10, 2018.
Terms: Successful bidders at close of auction agree to sign a purchase agreement within 24 hrs of final bidding closing with the following terms. A $75,000 non refundable down payment will be due immediately following the auction and the remaining balance will be due in full on August 10, 2018. This property is being sold as a cash sale, with no finance contingencies. Full payment will be due and payable on closing day when clear and merchantable title will be given to the buyer(s). This property is being sold as is where is with all defects and no warranties are expressed or implied. All lines drawn are for information purposes only and are not guaranteed to lie truly on the propertys boundaries. Although all information is deemed reliable, all buyer(s) are encouraged to inspect the property and verify any information. All prospective buyers are encouraged to contact Rock Valley City Zoning for any permitted uses and future zoning questions. This property will be sold according to the terms in this ad and at zomerbid.com. The Sale is subject to the confirmation of the sellers and sellers reserve the right to accept/reject or negotiate final bid at close of auction. This transaction will only become binding upon written execution of purchase agreement between buyers and sellers. Auctioneers and Agents are representing the sellers in this transaction. Any announcements posted day of auction will supersede any advertising.
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- Listing Status: Sold