Huxley, IA Real Estate For Sale
2 Commercial Office Building For Sale
July 27th, 2023 at 10 am at 400 S Main Ave in Huxley, IA
Whitaker Marketing Group is honored to present a Commercial Office Building located at 401 W 1st St Huxley, Iowa and 302 W Railway St Huxley, Iowa, located in Story County.
This property boasts rental income and great investment potential. The property is composed of Two tracts, located at 401 W 1st St Huxley, Iowa 50124 and 302 W Railway St Huxley, Iowa 50124.
- Investment Potential
- Equipment Included
- Endless Possibilities
Auction Sales Method: The real estate will be offered as 2 tract(s) of real estate. We will determine the high price on each tract and then we will post the bid. We will take a quick break and then come back and sell each tract separately. If you would like to buy both buildings you will need to buy them each individually as they will not be combined.
Survey: At the buyer's option and expense, they can have the property surveyed if desired. The final contract price will not be adjusted to reflect any difference between the advertised and actual surveyed acres.
Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s).
Taxes: The real estate taxes will be pro-rated to the day of closing.
Contract and Title: Immediately upon the conclusion of the bidding, the high bidder(s) will enter into a real estate contract and the earnest money will be deposited in the Real Estate Trust Account of the seller's attorney. The Seller will provide a current abstract of title at their expense. The seller reserves the right to reject any and all bids.
Earnest Payment: Earnest money in the amount of ten (10%) percent of the contract price shall be due with the acceptance of the offer. The payment may be in the form of a cashier’s check, personal check, company check, or wired funds. Earnest money will be deposited in the Real Estate Trust Account of the seller's attorney.
Closing: The sale closing is on Sept 11th, 2023 or such other date agreed to by both parties. Certified funds will be required at the time of closing for the remaining balance of the purchase. The balance shall be paid in the form of certified funds upon closing. We will work with you on a closing date if you are working with a 1031 tax deferred exchange.
Agency: Whitaker Marketing Group stipulates that they are representing the seller exclusively in this transaction. Whitaker Marketing Group acts as the Auctioneer and Auction Company. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction.
BBC: If you are bringing a buyer to the auction we will require a copy of your agency form presented at the auction.
Buyers Premium: 5% Buyer's Premium - There will be an additional 5% fee added to the hammer price paid by the buyer.
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