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Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc23 Photos
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc
Terms, conditions, etc

Terms, conditions, etc

Lot Closed

Auction by Iowa Auction Group LLC(1525)
This item is in Granville, IA

Similar Items

Overview of Terms, conditions, etc

Item Details

NOTE: THIS STRUCTURE WOULD MAKE AN EXCELLENT TRANSFORMATION INTO A RESIDENTIAL DWELLING.

PROPERTY DESCRIPTION:
Offering a once-in-a-lifetime opportunity to purchase an attractive, well-located, commercial property, that housed a thriving retail business established by Marlene and Pat in 2001. The barn building (31' x 41') was moved onto the property in 2001, and was completely remodeled and refurbished in May 2001, including rewiring, insulation, windows, new front door, LED lighting, and 3 forced-air propane furnaces with 3 central air units. The interior of this structure was beautifully refurbished, keeping it's authentic original appearance. Asphalt shingles were replaced approximately 3 years ago. In 2003, a 21' x 34' 1-story addition was added on the North end of the original barn building, and includes an 8' x 10' door with opener. Utilities include a 500 gallon propane tank; water provided by the City of Granville; and electric supplied by Mid-America. The property has its own septic and leach-field system.

INSIDE PROPERTY DESCRIPTION: Main display and sales area on the main floor 31' x 32' with gas fireplace, L shaped counter, kitchen area, bathroom, wood flooring, 9' ceilings, track lighting, 5' wide bridge plank stairs to the second floor. The staging/wrapping/prepping room is 8' x 17' consisting of 2 long countertops with cabinets and one site has attached cupboards. Office room is 10' x 15' with an L shape Formica counter and a storage closet. The back storage room has a 12' long countertop with cabinets and a 18' x 20' storage room with electric door opener and the floor is cement. The second floor is irregular shaped due to the slant in the walls with the stairs from the main floor and the stairs to the third floor. This room measures 34' x 27' including the irregularities. Also, on the second floor is the storage room (18' x 34') with ample shelving. The third floor measures 19' x 23' with slanted walls.

TERMS: 20% non-refundable earnest money deposit, day of auction. Buyer agrees to sign a real estate contract day of the auction, with balance due and payable on or before January 15, 2021, when possession will be granted.

REAL ESTATE TAXES: The Seller will pay all of the real estate taxes up until the day of settlement and all prior taxes. The net taxes on the subject property are $910.00 per year.

POSSESSION: Possession given on or before January 15, 2021, and upon delivery of clear and merchantable title.

INVENTORY & BUSINESS PURCHASE: Any individual(s) considering purchasing the real estate, and would have an interest in continuing the presently-established business and acquiring the current inventory, may discuss options with the auction company (Jim Klein). Potential serious buyers must provide a letter of financial commitment from their lender, at which time the sellers will provide the following: Vendor list, P&L statement, Income tax records, Cash registers and POS equipment, over 11,000 Facebook followers, supplies, totes, wrapping & shipping materials, and Marlene's support-time to acclimate new owner (to be negotiated).

DISCLAIMER: Every effort has been made to insure the accuracy of the information provided, however no warranty is given concerning measurements, condition, age, or authenticity concerning this property, and will be sold "As-Is". This property is offered as a cash transaction, and NOT subject to any financing contingencies. The final bid is subject to the seller's approval. The Auctioneers/Broker in this transaction are representing the sellers interest, and all announcements made the day of sale shall supersede this ad.

AUCTIONEERS' NOTE: Wow ~ What a lifetime opportunity to acquire an already established business, or grow your own enterprise on this appealing, attractively-located site! If the open house dates/times are not convenient, please call the auction company for a private showing. Additional photos/videos available at www.iowaauctiongroup.com or www.kleinrealestate-auction.com

Payment

All accounts must be settled the day of pickup and payment. Any questions, please contact Jim Klein at 712-540-1206.
CheckCash

Auction Details

The Garden Gate4596 460th St, Granville, IA, 51022Saturday, Nov 21, 2020 | 9:00 AM CST

Auction House

Terms Of Sale

PLEASE READ THESE TERMS CAREFULLY, AS THEY ARE A LEGALLY BINDING CONTRACT BETWEEN ALL BIDDERS WITH IOWA AUCTION GROUP. Iowa Auction group (IAG) have put forth every effort in preparing the catalog(s) to accurately describe each item. Printed or verbal statements made by staff are matters of opinion, and are made in good faith. All items are sold As Is, Where Is, and No Returns allowed. Buyers are responsible for conducting their own inspection during open house/inspection periods, and no allowance will be made for inadvertent errors in cataloging, authenticity, or imperfections not specifically noted. All sales are final ~ a bid is a legally binding contract between purchaser and IAG. The auction companies reserves the right to reject any and all bids for any reason. IAG will not be held responsible in the event of any type of internet/computer malfunction while an auction is in progress. Buyer Premium: The buyers premium listed above will apply to all winning online bidders. All accounts must be settled by the end of the pick-up day. Payment must be made with Cash, Valid check, VISA or Mastercard, Cashier's check, Money order, or Wired funds. A 3.5% facilitation fee will be assessed to credit card purchases. Checkbacks on credit cards are not allowed. If payment is not received by the end of pick-up day, accounts due will be charged to your credit card, subject to a 3.5% facilitation fee. Purchases not settled by this time are considered in default. Any merchandise in default, and/or remaining at auction site after pick-up date, are considered forfeited, and will become the property of IAG, and the purchaser will be charged a $20.00(+) per item disposal fee. No refunds will be given. SHIPPING: If your purchases need to be shipped, please use discretion in size and weight. All sales are final, and your purchase is NOT subject to shipping costs. We encourage buyers to pick up items purchased at the specified pick-up time(s), however we will arrange for the items purchased to be brought to a professional shipping company, and will be subject to the professional shipping company's packaging and handling fees. All packing and shipping costs are the Responsibility of the Buyer. All bidders must provide their name, address, daytime phone number, and email address at which they can be contacted, to insure adequate communication between IAG, and their purchasers throughout any transaction. General Information: The auctioneer has the sole discretion to advance and/or reject any bids, should it in his estimation prove injurious to the auction. The auctioneer shall be the final judge in any bidding disputes, and has final authority to name a bidder as the final purchaser. The auctioneer or auction company shall not be held responsible for any 'missed' or unseen bids on live auction. IAG reserve the right to alter this agreement at any time. This will take place by updating this site. Please check back and review auction terms often, as every time you use this site you are agreeing to the terms as they are written at that time. IAG reserve the right to refuse service to any person, or to cancel any auction at any time for any reason. The purchaser agrees to pay all reasonable attorney fees and costs incurred by IAG in the collection of funds owed. The purchaser also agrees that a fee of 2% per month be added to any unpaid balance due the auction company, as well as any other costs or losses incurred due to the purchasers failure to adhere to these terms. Any debt collection or dispute proceedings will be settled by arbitration in Sioux County, Iowa. BIDDER RESPONSIBILITIES INCLUDE, BUT ARE NOT LIMITED, TO: 1. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. 2. When using the web site, bidders must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. 3. Auction company employees and/or auction company may bid on auction items. 4. Item descriptions and photographs are not to be used in lieu of personal inspection of any item. ALL SALES ARE FINAL. 5. Please bring loading assistants with you. Some items may require disassembly. Please bring adequate tools and equipment with you.
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