COMMERCIAL REAL ESTATE AUCTION

AGENCY, IOWA
Located at 301 West Main, Agency, IA 52554

Bidding Opens: Wednesday, June 23^rd       

Bidding Closes: Wednesday, June 30, 2021 at 10AM

Open House on Wednesday, June 16^th from 10-11AM

AUTOMOTIVE SHOP & GARAGE ON CORNER LOT

Here is your chance to buy the real estate of Don’s Used Cars in Agency, IA. The two buildings could be outfitted to suit your business or storage needs.

• 2,808 sq.ft. pole building offers 4 auto bays with overhead doors, floor hoist in 1 bay, retail display area, private office, (2) ½ baths (1 not hooked up), heat w/ central air.
• 30’x30’ pole building is a former car wash with 2 indoor bays with 4 overhead doors & 1 outdoor bay.
• 132’x132’ corner lot with concrete parking.

Not included: Air compressor, All attached & unattached automotive equipment & shelving.
Included: All attached car wash equipment, Any item present on the day of final settlement.

Terms: 10% down payment on June 30, 2021. Balance due at closing with a projected date of August 13, 2021, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of August 13, 2021.
Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.

Real Estate Taxes – Tax Parcel 002290020300000
Gross                          $1,686.15
Bus. Prop Credit     ($654.33)
Net                        $1,032.00 (Rounded)

Special Provisions:

• This online real estate auction will have a buyer’s premium of $1,000.  This will be added to the bid amount to arrive at the total contract purchase price.
• Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures.
• This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
• This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
• Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
• If in the future a site clean-up is required, it shall be at the expense of the Buyer.
• The Buyer acknowledges that Buyer has carefully and thoroughly inspected the real estate and is familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the condition of the real estate.
• Steffes Group, Inc. is representing the Seller.
• Any announcements made the day of sale take precedence over advertising.

Don't Miss Your Chance to Bid on the
Timed Online Vehicles & Auto Parts Auction

CLOSES: Wednesday, June 16, 2021 at 1PM

Donald C. Teninty

Carrie Teninty – Power of Attorney

Paul Zingg – Attorney for Seller

For more information contact Terry Hoenig of Steffes Group, 
319.385.2000 or 319.470.7120

TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed correct but are not guaranteed. You are responsible for your own physical inspections, due diligence and any bids placed.