A 5% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.
AUCTION INFO
TERMS & CONDITIONS2 Commercial Office Building For Sale
Story County
July 27th, 2023 at 10 am at 400 S Main Ave in Huxley, IA
Open House July 2nd from 3-5 PM
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.
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Highlights:
- Investment Potential
- Equipment Included
- Endless Possibilities
Prime Location for Your Versatile Commercial Building with Multiple Permitted Uses and Essential Equipment
Welcome to 401 West 1st Street, Huxley, Iowa, an exceptional commercial building that offers endless possibilities for various business ventures. Whether you envision a mechanic's shop, a small engine shop, or any other permissible use, this property provides the perfect foundation for your entrepreneurial aspirations.
What sets this property apart is its unbeatable location. Situated in a prime area, it enjoys excellent visibility and easy access, ensuring convenient interactions with customers and suppliers. The strategic positioning amplifies your business's potential to attract a steady stream of clientele, giving you a competitive advantage from the start.
Inside the building, you'll discover a spacious and adaptable layout that can easily accommodate a range of purposes. While it's ideal for a mechanic's shop or small engine shop, this property also caters to various other ventures permitted by the zoning regulations. Whether you're considering an agriculturally based company, a manufacturing facility, a storage space, or any other permissible use, this building provides the flexibility to bring your vision to life.
Additionally, the property comes equipped with essential amenities to support your operations. Benefit from the convenience of a commercial-grade Hotsy pressure washer for efficient cleaning of vehicles or equipment. Furthermore, the inclusion of a jib crane and a trolley crane ensures seamless lifting and transportation, simplifying the handling of heavy objects.
Embrace the support of the local market and the welcoming community in Huxley, known for its appreciation of diverse businesses. This location presents numerous opportunities for growth and success across various industries.
As an added advantage, should you desire to expand or create a new building that aligns precisely with your business requirements, this property offers the option to build afresh.
Don't miss out on this exceptional opportunity to realize your entrepreneurial dreams. Schedule a viewing today and explore the vast potential of this versatile commercial building at 401 West 1st Street, Huxley, Iowa. With its range of permitted uses, essential equipment, prime location, and the possibility of constructing a customized space, this property sets the stage for your business's prosperity and growth.
Address: 401 W 1st St Huxley Iowa 50124
Location: Located on the west side of Huxley, Iowa. Great location for office, service, or commercial use.
Age: Built in 1972, Addition in 2013
Land: .91 Acres - 39,750 SF +/-
Size: 2,790 SF +/- metal commercial building. (30' x 94') (30' x30' Wash bay)
Finishes: 400 SF +/- of Office space with 318 sq/ft loft and bathroom. All Concrete floor.
Zoning: Commercial M-1
Utilities: The building has all utilities in place.
Sewer- City of Huxley - 515-597-2561
Water- City of Huxley - 515-597-2561
Electricity - Alliant Energy - 800-225-4268
Internet (ISP) - Huxcomm - (515) 597-2281
Parcel # 13-23-325-220 Assessor
Taxes: $2,448
Condition: Property is offered on an "AS - IS" basis. The current finish is a good quality office. The property is in above-average condition.
Rental Status: Open
Included Equipment: Jib Crain, Trolly Crain, Hotsy pressure washer, bolt bin, 500 Gal fuel tank
Environmental: The owner knows of no environmental hazards, but buyers are responsible to perform their own due diligence on all environmental risks.
Garage Doors: (Per Assessor Site)
| #1- Door, O.H. - Door - Power, 10 Ft Wide, 12 Ft High, 1972, Qty1 |
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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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