Name COMMERCIAL BUILDING & RENTAL HOME AUCTION
Auctioneer Brock Auction Company, Inc.
Type Live Webcast Auction
Date(s) 9/7/2021
SEPTEMBER 7, 2021 @ 10:00AM
Location 30442 Highway 3
Le Mars, IA 51031
Buyer Premium -
Description
Commercial & Residential Buyers take note!! The Chapmans are offering a fantastic investment opportunity. There are all kinds of income potentials in this auction! How about an approximately 15,000 sq. ft. metal shop that is really well constructed and has been used for commercial manufacturing and has all kinds of great features. Some include loading docks, oversized doors, solid concrete floors, full electric panels, and lots lots more! There is an approximately 7,100 sq. ft. building that is currently a very nice residence with lots of living space and a really cool family / recreational room in the basement. There is also tons of storage space in this building. There are 2 – 55,000 bushel storage bins on site as well. With harvest right around the corner, this could come in really handy. Selling Separately: To be sold separately is also a rental home with garages / outbuildings on a little less than an acre for additional rental income. This is a 2-bedroom single story home located just off Highway 3, however, there is frontage on Highway 3. All in all, if you are wanting to own one of the most diverse pieces of commercial or rental property with lots of options or you are needing some super workspace and storage along with a nice residence all located on Highway 3 just 3 minutes away from Le Mars, this truly is a fantastic, rare opportunity.
Auction Terms & Conditions METHOD OF SALE: Tract 1 & Tract 2 will be auctioned in their numerical order individually with no combination available. The tracts will not be combined and offered as a single unit. TERMS: The purchaser(s) will be expected to pay 10% of the purchase price on the date of sale and sign a real estate contract agreeing to pay the balance on or before October 7, 2021 upon delivery of clear & merchantable title. The property is being sold without buyer contingency of any kind, so have your financial arrangements secured prior to bidding. Ownership possession will be given upon final settlement. The taxes will be prorated to the date of final settlement. Descriptions and information are from sources deemed reliable, however, neither the sellers nor the Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property sold “As-Is”, so inspect to the extent deemed necessary and rely on your own judgment when bidding. The Auctioneer/Broker is representing the sellers’ interest in this transaction. The sale is subject only to the owner’s approval. All announcements made the day of sale shall supersede any previously written or oral statements. * Auctioneer/Brokers are representing the sellers’ interest only in the transaction. BUYER BROKER PARTICIPATION: A commission will be paid to any properly licensed Buyer Broker who registers a successful buyer according to the Broker Participation Guidelines. Broker Registration Forms are available from Brock Auction Company, Inc. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium -
Payment Terms
METHOD OF SALE: Tract 1 & Tract 2 will be auctioned in their numerical order individually with no combination available. The tracts will not be combined and offered as a single unit. TERMS: The purchaser(s) will be expected to pay 10% of the purchase price on the date of sale and sign a real estate contract agreeing to pay the balance on or before October 7, 2021 upon delivery of clear & merchantable title. The property is being sold without buyer contingency of any kind, so have your financial arrangements secured prior to bidding. Ownership possession will be given upon final settlement. The taxes will be prorated to the date of final settlement. Descriptions and information are from sources deemed reliable, however, neither the sellers nor the Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property sold “As-Is”, so inspect to the extent deemed necessary and rely on your own judgment when bidding. The Auctioneer/Broker is representing the sellers’ interest in this transaction. The sale is subject only to the owner’s approval. All announcements made the day of sale shall supersede any previously written or oral statements. * Auctioneer/Brokers are representing the sellers’ interest only in the transaction. BUYER BROKER PARTICIPATION: A commission will be paid to any properly licensed Buyer Broker who registers a successful buyer according to the Broker Participation Guidelines. Broker Registration Forms are available from Brock Auction Company, Inc.