Sold

Jan 11, 2014-The Cue Building/Lot located on Main Street in Rock Valley IA-and also personal property---Matt Kosters -owner-sold for $72,000.00

Live Auction

Auction Date: January 11, 2014 - 10:00 am

1402 Main Street, Rock Valley, IA 51247, USA

Rock Valley

Lot Size:

50 x 138

Indoor Public Auction

Of Main Street Commercial Building– Located in downtown Progressive Rock Valley, IA

also Restaurant and Banquet Equipment to be sold after the Real Estate

Saturday January 11, 2014

Sale time: 11:00 A.M.

Location: 1402 Main St. Rock Valley, IA located directly northeast of the downtown stoplight. This auction will be held Indoors at this location!

Auctioneers note: Matt Kosters is offering this excellent opportunity to purchase a Commercial building located on Main Street in Rock Valley IA which offers endless opportunities for a retail business etc. This will be an indoor auction –Make plans today to attend!! Real Estate will be sold first with personal property immediately following. For inclement weather listen to 93.9 FM or watch web site.

Legal Description: Lots 15 & 16 Blk 8 in the original plat of Rock Valley, IA. -Sioux County, IA.—subject to easements, public roads and common walls if any. Lot size approx 50×138.

General Description: Offered at Public Auction will be this great opportunity to purchase a Commercial building which offers endless opportunities for retail or other types of businesses. This property features approx. 6910 sq ft on the main level which includes a large open retail area, 2 restrooms and large storage areas. This property also has a full basement which includes a large open area with restrooms which was previously used as a bar. The basement has a separate outside entrance. This building has 2 forced air/central air heating and cooling units one for each level. This building currently is being used as a bar/banquet hall. This property is located on a corner lot with ample parking and also has alley access. For information on permitted uses and zoning-contact Zoning Administrator—at Rock Valley City Office-712-476-5707. All personal property will be sold immediately following the real estate.

Open House: Open house to view the property will be Sat. Dec. 28 -2013 from 10AM. to 12PM.

Real Estate Taxes: Current real estate taxes for this parcel are $3236.00.00 per year. Sellers will prorate real estate taxes to date of closing.

Terms for real estate: Purchaser(s) will be required to pay a non-refundable $5,000.00 of the purchase price immediately following the auction and also enter into a purchase agreement with the remaining balance due and payable on closing day on or before February 14, 2014. This property is being sold as is with any/all defects as a cash sale with no finance contingencies. No warranties or guarantees are expressed or implied regarding the property, zoning or permitted uses. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all the data provided. Any announcements made the day of the auction will supersede any advertisements. Booklets are available upon request. The property is being sold subject to the confirmation of the sellers. If any additional information is requested, please contact the agents listed below. Auctioneers and Real Estate agents are representing the sellers. Possession will be on closing day, February 14, 2014.

Personal Property immediately following real estate:

Coolers/Freezers: Norlake Commercial Model F43A freezer/cooler: Norlake Commercial refrigerator-model-RT46B: Busch refrigeration cooler: True Small glass cooler: Roper upright approx. 15 cu ft freezer: 3 drawer 8’ x 26” True beer cooler: (2)-30” x 43 ½” True coolers w/sliding doors: Crosley white refrigerator: small chest freezer: Crosley 18 cu ft refrigerator: many more misc. items to numerous to list:

Ice machine: Manitowoc ice machine:

Sinks & Stainless steel tables: misc. Utility sinks : 6’ x 30” stainless steel table: 6’ x 17” stainless w/3 sinks:

TV’s: 42” Vizio flat screen platinum TV” 27” Vizio flat screen TV: RCA 46” TV

Kitchen items/Tools & misc.: GE kitchen stove: Sharp microwave: misc. glasses: beer mugs: pitchers: crock pots: Blender: coffee pot: kitchen utensils: (4) Sharp cash registers: mop bucket: Black and Decker chop saw: lots of misc. items:

Pool Tables: (5) 5’ x 9’ slate pool tables:-cue sticks/balls:

Banquet & Round 5’ tables: Approx. 20—5’ round tables: approx. 20 8 ‘ banquet tables: (5) small square tables: high bar table:

Folding Chairs/bar stools: Approx. 210 black metal folding chairs: (17) high back bar stools: (7) high bar stools:

Antique items: Globe meat slicer: grocery price stampers: grocery carts: older 6’ x 29” produce cooler w/ glass sliding top doors:

Personal property Terms: cash or good cashable check. Credit cards also accepted. Not responsible for accidents or theft of items purchased. Any announcements made day of auction will supersede any advertisements. Zomer Clerking.

“The Cue” -Matt Kosters –owner