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Grand Times Catering Real Estate Online Auction - Offering the real estate only - no equipment

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  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
  • Item Image for Offering the real estate only - no equipment
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Type:

Online Auction


Bid Online Here

Time:

9/26/2022 - 10:00AM

Location:

Viewing - by appt with Seller
408 2nd Street
Boxholm, IA, 50040


Map
Summary:

Owner wants it sold! Offering two parcels together - one is a vacant lot and the other parcel is the main building. The vacant lot is approximately 3,300 s/f. The building is also located on 3,300 s/f lot with approximately 1,728 s/f building with partial basement. 10% buyers fee added to final selling price. Details to follow


Full Details:
Property Over View
  • The real estate being offered today consists of two parcels as described below

    Parcel 1 - 088528152383033 Vacant grass lot - 25' x 132' for 3,300 s/f more or less
    Parcel 2 - 08852815238304 Main building located on 25' x 132' deep lot or 3,300 s/f more or less - building size is approximately 1,728 s/f on main level with partial basement as follows: 1913 main building is 1,392 s/f with a 391 s/f basement - addition of 336 s/f was added in 1960 This is a steel roof and siding building with 2 single stall bathrooms setup currently as a cafe (equipment is not included in the real estate online auction). A vintage front and back bar will be sold with the property.
    Located on a main street in Boxholm, Iowa.
    Owners have invested in the property with updates as they deemed necessary. HVAC and window air units, hot water heater, 200 amp service, rear parking.
    This building is ready for a new owner!
    Could be business offices, doctor or dentist office, any type of retail or keep it a small town cafe! What ever your needs. Owners are motivated to sell
Terms & Conditions
  • 1. Selling by legal description.

    2. 25% of selling price required day of sale as earnest money and to be deposited into Backes Realty LLC trust account.

    3. A 10% buyers’ premium will be added to the final selling price for a gross total and paid by the Buyer at closing.

    4. Balance of the selling price due in full in 30 days or a date acceptable to both parties involved.

    5. Buyer and Seller are each required to sign a Uniform Offer and Acceptance and Disclosure Statement provided by Sellers.

    6. A Merchantable Abstract of Title and a warranty deed provided by the Seller at the closing.

    7. Real estate taxes will be paid by the Seller prorated to date of possession.

    8. Possession of the real estate will be given at the closing.

    9. Final bid requires Sellers approval. Since this is an online auction, a reserve price will be set prior to bidding and the actual bid shown will reflect if the minimum price has been reached.

    10. Buyer acknowledges the He or She has inspected the premises and are bidding on the real estate in an “as is” condition.

    11. Surveying of the property lines will be the responsibility of the Buyer.

    12. The combined assessed evaluation of both lots as shown in the Boone County Court House is: $35,188.00

    13. The combined net property taxes of both lots as shown in the Boone County Court House is: $450.00

    14. Backes Commercial Auctioneers nor Backes Realty LLC assumes no responsibility of the accuracy of the information contained herein, although the information was obtained from sources considered to be reliable.

    15. All Offer and Acceptance paperwork will be completed by Backes Real Estate. All closings will be handled by Seller’s Attorney.

    16. Announcements made day of sale takes precedence over previous advertisements.

Bid Online Here

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