UPCOMING LIVE AUCTION!
Located in the heart of Sheldon
6,720 Square Feet Building! Perfect for many business ventures!
Location: 603 2nd Ave., Sheldon, IA 51201
Auction Date: October 13, 2022
Legal Description: Lots 4, 5, and 6 in Block 37, of the 3rd Addition to the City of Sheldon, in O’Brien County Iowa.
Auctioneers Note: We are honored to represent Coop Gas & Oil as they have relocated and are now offering this great opportunity to the public on a live auction! This property has been a staple of Sheldon IA and could be used for multiple business ventures! The property is currently zoned Commercial and features a 6,720 square feet building! Make plans to attend the open house(s) to take a tour and see all that this property has to offer!
General Description: Whether you are looking to start a new business venture or would like to expand your existing operation you will not want to miss out on this opportunity! This property is in a prime location in the heart of Sheldon and is showcasing a building with over 6,700 square feet with plenty of shop space along with office space and a showroom! The shop areas include a 20 x 64(Heated), a 26 x 64(heated), a 32 x 34(heated) with a hoist, a 32 x 34 storage/inventory room, plus a 14 x 22 extra storage garage! The building also features a 25 x 64 showroom with separate offices. This property also features plenty of parking and concrete! If you have been waiting for the right opportunity to come along to have some heated shop space would like to invest in some prime Real Estate, do not miss out on this rare opportunity! Make plans to attend the open houses and the live auction!
Method of Sale: Property will be sold on a live auction on October 13, 2022. Auction will be held at 603 2nd Ave., Sheldon, IA.
Open House: Open Houses will be held on August 30 from 6pm to 730 and September 10 from 9am to 10:30am
Taxes: The current real estate taxes according to the O’Brien County Treasurer are $3,600.00 per year. Taxes will be pro-rated to the buyer at closing.
Possession & Closing: Possession and closing day will be on November 23, 2022
Terms: Purchaser(s) will be required to pay a non-refundable 15% as earnest money deposit on the real estate and agree to enter into a purchase agreement immediately following the auction with the remaining balance due and payable on closing day on or before November 23, 2022, when the buyer shall receive a clear and merchantable title to the property. This property is being sold as a cash sale with no finance contingencies and as is, where is, with any/all defects and encroachments if any. Penalties may apply should buyer delay closing. 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 data provided. No warranties are expressed or implied. Any lines on maps and pictures are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Any announcements made day of the auction will supersede any advertisements. All measurements and years built are estimated and are not guaranteed. All descriptions of the property are not guaranteed to be accurate and all buyers are encouraged to do buyers due diligence. This Property is being sold subject to the confirmation of the sellers and is subject to final court approval. Auctioneers and Real Estate brokers are representing the seller. If any additional information is requested, please contact auctioneers listed below. Brian Van Engen-Attorney For Seller