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REAL ESTATE AUCTION
Previous Page Listing ID#: 22081
Auction Location |
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Atalissa, IA 52720 |
Auction Dates and Times |
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Friday Jul 22, 2016 Completed |
Auction Type |
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Live Auction |
Company Information |
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Steffes Group Website: www.steffesgroup.com GoToAuction.com ID#: 1852 View company information and listings |
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Listing Information |
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REAL ESTATE AUCTION FRIDAY, JULY 22, 2016 AT 4:00 P.M. Open House on Friday, July 8th from 4-5pm $10,800 gross yearly income!! Income Producing Investment Opportunity! The building has 4,350 sq. ft. of space on two levels and is situated on a 100’x70’ lot. The restaurant/bar features a large seating area, large bar with stools, large wood bar server with mirror, kitchen with walk in cooler and two restrooms. The main level has a gas forced air furnace and a 200 amp breaker box. All restaurant/bar equipment sells with the real estate. The equipment includes: Griddle, Dean fryer, Pressure cooker, Gas stove, SS hood vent system w/ ASCOA Range Guard fire system, Large walk in cooler, SS prep table, 4 door under bar cooler, SS wash, rinse, sanitize sink, round tables, chairs, bar stools, cash register and other restaurant support equipment. Apartment A (South apartment) is a second level, 2 bedroom apartment with an updated kitchen with gas stove & refrigerator, a full bath with washer/dryer hookups and a living room. The apartment also has a gas forced air furnace and gas hot water heater. Apartment B (North apartment) is a second level, 2 bedroom apartment with kitchen with gas stove & refrigerator, a full bath with washer & dryer and a living room. The apartment also has a gas forced air furnace and gas hot water heater. Included: Stove & refrigerator in Apartment A, Stove, refrigerator, washer & dryer in Apartment B, Portable storage shed, All restaurant equipment Not Included: Pool table, All Personal Property of Tenants TERMS: 10% down payment on July 22, 2016. Balance due at closing with a projected date of September 1, 2016, upon delivery of merchantable abstract and deed and all objections have been met. The following taxes will be used to prorate at closing. Real Estate Taxes Assessed Value: $51,060 SPECIAL PROVISIONS: ~ This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws. ~ Seller shall not be obligated to furnish a survey. ~ If in the future a site clean-up is required it shall be at the expense of the buyer. ~ The buyer acknowledges that he/she 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 same. ~ Any announcements made the day of sale take precedence over advertising.
For information contact Nate Larson of Steffes Group, 319.385.2000 or 319.931.3944 (cell) |
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