This property will be sold in one (1) individual tract for a "lump sum total dollar amount".

Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Tuesday, May 26, 2020, upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. The real estate taxes will be prorated to the date of closing. Immediate possession will be given at the time of closing.

This property is zoned R-1 One-Household Residence, which does not allow for commercial business operations. But under the terms of our ordinance, once a nonconforming use ceases operations for more than 1 year, the property is not allowed to resume the nonconforming use. Accordingly, the existing storage buildings could not be used for a commercial business, except in one of the following circumstances:

• If the owner petitioned to have the property rezoned from R-1 Residential to B-1 Business, and the rezoning was approved by the County Board of Supervisors (following a public hearing)
• If the storage building is to be located on the same property as a house, and the business is operated by someone residing in that household. In such case, it would be considered a "home occupation", but it would still need to be approved by the Zoning Commission following a public hearing, as there are certain standards that home occupations must comply with, so as not to be considered a nuisance to surrounding residential property owners (i.e. minimal traffic generation, inconspicuous signage and lighting).

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold "as is".

CLICK HERE TO VIEW RESIDENTIAL DISCLOSURES

CLICK HERE TO VIEW PURCHASE AGREEMENT

Representing Attorney:
Steven E. Ort
Bell, Ort & Liechty
200 W Main St,
New London, IA 52645
Phone: (319) 367-2251

Auction Managers:
Craig Hoyer (319) 931-7016
Jeff Hoyer (319) 759-4320
Jim Huff (319) 931-9292

The property is located at 10468 Florence Ave., Burlington, IA 52601. This property is situated on 8 acres on the north edge of Burlington, Iowa and includes several improvements such as a 1 1/2 story brick home with a poured concrete basement, large steel storage building and a 10 stall storage facility. This property offers several attractive new home building sites and offers a rare opportunity to purchase an in town acreage with endless possibilities. 

• Zoned: R-1 Residential
• Estimated Real Estate Taxes: $3,777.00