SECURED LENDER - COMMERCIAL REAL ESTATE AUCTION
Waterloo, Iowa
Auction to be held onsite at 3295 University Avenue, Waterloo
Open House on Tuesday, September 1st from 1-2pm
Online Bidding Available!
13,824 SQ.FT. COMMERCIAL BUILDING
Looking for a real estate investment? Come take a look, as you will be surprised what this building offers inside. The property is currently leased to Lark Brewing. The building could be converted to a multi unit or duplex style building, offering plenty of space on the main and lower levels with separate entrances and off street parking for both levels.
Main Level
Lower Level
Amenities
Included: (2) Walk in coolers, Hood vent & ansul system, Metal railing, Track lighting above bar on main level.
Not included: All Lark Brewing signage & awning, Main level walk in cooler, All SS sinks, Dishwasher system, Grease traps, Light fixtures above lower level bar, Beer taps, Decorations, All Restaurant & Brewing Equipment & Fixtures, Tables, Chairs, Bar Stools
Terms: 10% down payment on September 15, 2020. Balance due at closing with a projected date of October 30, 2020, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of October 30, 2020. (Subject to tenant’s rights)
Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.
Real Estate Taxes: $27,668.00 (Net)
Assessed Value: $778,440
Special Provisions:
Owner: Secured Lender
For information contact Nate Larson at Steffes Group at 641.423.1947 or 641.530.5528
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