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
Versatile Commercial/Industrial Building with a Wide Range of Permitted Uses
Discover endless possibilities with this commercial/industrial building located at 302 Railway St, Huxley, Iowa. Offering a variety of permitted uses as per the M-1 District zoning regulations, this property provides a fantastic opportunity for a diverse range of businesses.
The building features a spacious interior with approximately 3,200 square feet of flexible floor space. It can be easily adapted to accommodate different purposes, making it ideal for a multitude of ventures. Whether you're considering an antique shop, art studio, bakery, confectionery store, dance studio, hotel, office space, restaurant, retail store, service station, or any other permissible use, this building has the potential to meet your needs.
Situated in a prime location, the property benefits from excellent visibility and easy access, making it convenient for both customers and employees. The M-1 District permits a wide range of businesses, from retail establishments to service-oriented enterprises, ensuring that your chosen venture aligns with the surrounding commercial landscape.
This building is not only strategically located but also borders the Heart of Iowa bike trail, attracting passersby and outdoor enthusiasts. Take advantage of the trail's popularity and incorporate it into your business concept, such as a bike rental shop, a café with outdoor seating, or a retail store catering to trail users.
Furthermore, this property benefits from its location in Huxley, a vibrant community that attracts visitors and residents alike. Take advantage of the supportive local market, nearby amenities, and a welcoming community to establish and grow your business.
Don't miss out on this exceptional opportunity to realize your entrepreneurial dreams. Schedule a viewing today and explore the vast potential of this commercial/industrial building at 302 Railway St, Huxley, Iowa
Address: 302 Railway St Huxley Iowa 50124
Location: Located on the west side of Huxley, Iowa. Great location for office, service, or commercial use.
Age: Built in 1995
Land: .51 Acres - 22,107 SF +/-
Size: 3,200 SF +/- metal commercial building. (40' x 80')
Finishes: 1000 SF +/- of Office space (on wood floor) with utility room and bathroom. 15'x50' Concrete pad. All other floor is gravel.
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 # 13-26-221-007 Assessor
Taxes: $2,000 Estimated
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
Environmental: The owner knows of no environmental hazards, but buyers are responsible to perform their own due diligence on all environmental risks.
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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