Online Auction --Open March 18--Closes April 18, 2017--Outstanding Commercial Property located along Hwy 18, 1 mile East of Rock Valley, IA in a Prime Location--Green Acres--owners--Property sold for $160,000.00!!! Thank you to all the bidders!!

Online Only Auction

Of Prime Hwy 18 Commercial Property

Location, Location, Location

 Outstanding Commercial Property located along Hwy 18, 1 mile East of Rock Valley, IA in a Prime Location

Location: 2610 310^th St. Rock Valley, IA. or from Pump n Pak in Rock Valley, IA. go 1 Mile East on Hwy 18—Property is located on North side of Hwy 18

Auction will open on March 18, 2017 at 8:00 A.M. and will close on April 18, 2017 at 4:30 P.M.

Auctioneers note: We are honored to offer this property at auction. This property has a prime location located at the corner of 28^th Ave. and Hwy 18 in Rock Valley, IA. This property has been in this family for decades and has not been offered for sale to the Public. This property has currently been used as a Restaurant/Drive Inn and has one of the best locations in Rock Valley, IA. This property has high visibility and excellent Hwy frontage and offers multiple opportunities. This type of property is extremely hard to find and would make an excellent location for several types of businesses or could be utilized as is currently being used.

Legal Description: The W 180 ft of the S 208.75 ft of the SW ¼ of Section 22, lying North of the North Line of U.S. Hwy 18 Twp 97N, Range 46W of the 5^th P.M. Rock Twp, Sioux County, IA.– Subject to Sewer easement and any/all easements of record and public roads and Highways.

General Description: This Commercial property features approximately .86 of an acre and is approximately 180 x 208 ft. This property is Prime Commercial Property located adjacent to Hwy 18. Properties of this type are very rare in the market place. This property offers unlimited potential with its location and visibility. This property currently features an approximate 1682 sq ft building which has been used as a Restaurant/Drive Inn for close to 40+ years. This building will seat approx. 80 people. This auction will not include any restaurant equipment or personal property. However if buyer desires to continue the Restaurant/Drive Inn business this equipment can be purchased separate from sellers. Contact Agents for details. This property has a Ruud gas furnace new in 2013 and a new central a/c in 2014.  This property is currently serviced by REC electric and Mid America for gas. This property is serviced ny Rock Valley Rural Water. The water softener is rented. This property is currently on a septic system that is not up to code therefore if the buyers desire to purchase this property and use the current building, buyer will be required to connect this property to City Sewer at buyer’s expense and remove septic system for current building. Note: City will grant the new buyer $3000.00 towards sewer hookup fees. This property is sold subject to septic sewr line easement of adjoining property which will terminate when adjoining property can connect to city sewer. For future permitted Commercial uses contact the City of Rock Valley Zoning at 712-476-5707. This property is currently zoned C-2 Arterial Commercial District.This location is 2^nd to none and truly is a Once in a Lifetime Opportunity!!! A survey has been completed and this property will be sold based on surveyed property lines.

Open house: Open house will be held on Tuesday March 28, 2017 from 5:30P.M. to 7:00 P.M. or by contacting one of the agents listed below.

Taxes: Current Real Estate Taxes are $1054.00 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 May 18, 2017.

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 $25,000 non refundable down payment will be due immediately following the auction and the remaining balance will be due in full on May 18, 2017. 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. 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.

Green Acres–owners–

Auctioneers and Agents—

Mark Zomer-712-470-2526

Darrell Vande Vegte-712-726-3428

Gary Van Den Berg–Sales-712-470-2068

Ryan Zomer–712-441-3970

Blake Zomer-712-460-2552