Commercial Real Estate Auction

Real Estate

Location: 213 Wapello Street S, Mediapolis, IA

5 p.m. Tuesday, May 14th, 2019
Very nice 8,766+ sq.ft. building most recently a restaurant/bar; additional banquet room plus bonus income producing office space.
For this auction's sale bill, catalog or poster, CLICK HERE
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Commercial Real Estate
This listing posted on April 16; for updates or more photos and info, CLICK HERE
 
OPEN HOUSE: Tuesday, April 30 from 4-5 P.M.
 
BUSINESS OWNERS &
BUSINESS ENTREPRENEURS!
 
You will want to take a look at this commercial real estate auction in Mediapolis, Iowa. We will be offering you a very nice 8,766+ sq. ft. building most recently used as a restaurant/bar having an additional banquet room plus bonus income producing office space. This facility has many possibilities with ample parking situated on nearly 2 acres and high visibility along well traveled US Hwy. 61. This is an auction you will not want to miss!
Estimated real estate taxes: $9,097.00
 
METHOD & TERMS
This property will be sold 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 approx. 30 days on or before Friday, June 14, 2019 upon delivery of a merchantable abstract and deed.
 
Immediately following the auction, the successful bidder shall enter into a written agreement with the sellers.
The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing.
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”.
 
61 Chop House Real Estate LLC
 
Representing Attorney: Brian J. Helling, Aspelmeier, Fisch, Power, Engberg & Helling, P.L.C., 321 N 3rd St, Burlington, IA 52601. Phone: (319) 576-7515

Commercial Real Estate Auction



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