September 30, 2009 - Main Street Building Auction

INWOOD, IA. MAIN ST. BUILDING AT AUCTION

WEDNESDAY EVENING SEPTEMBER 30, 2009

SALE TIME: 6:00 P.M.

LOCATION: 304 Main St. Inwood, IA.

Auctioneers note: Offered on Public Auction will be this 5564 sq ft building which is located right on Main St. in Inwood, IA. This building offers an excellent opportunity and also includes an apartment in the back of the building for additional income.

MAIN STREET BUILDING: This building is located at 304 Main St. Inwood, IA. This building includes an open retail area, 8 x 10 walk in cooler and also includes mens and ladies bathroom facilities. The inside of the building measures 38.11 x 61 ft with a separate 13.7 x 61 ft area. The total square footage is approx.5564.  The building has an electric furnace. This building also offers an apartment in the back of the building which includes 2 bedrooms, 1 ½ baths, living room w/wood burning stove and kitchen/dining room. This building offers several options. This building would be perfect for a handyman as the building needs some repair. So make plans today to attend!

REAL ESTATE TAXES: The current Real Estate taxes are $1324.00 per year.

LEGAL DESCRIPTION: Lot 16 and the North 11.7 ft of Lot 15 and the South 17 ft of Lot 17, Blk 7 Inwood, IA. Subject to any public easements of record.

OPEN HOUSE WILL BE HELD ON THIS BUILDING ON Sept. 23 FROM 6:30 P.M TO 7:30 P.M.

TERMS: A $2500.00 down payment will be due on the building immediately following the auction which is non-refundable.  The balance will be due on closing day on or before Oct 30, 2009. The buyer will agree to enter in to a Purchase Agreement with these terms: Building is being sold as is where is with all defects and no warranties are expressed or implied. The sale is subject to the confirmation of the sellers. All announcements made day of sale will supersede any other advertisement.

BOB AND LAURIE LARSEN—OWNERS

AUCTIONEERS AND RE BROKERS

MARK ZOMER-712-470-2526

DARRELL VANDE VEGTE-712-726-3428

MIKE BOMGAARS-SALES-712-753-2244