COMMERCIAL TUESDAY, OCTOBER 24, 2023 AT 10:00 AM CDT REAL ESTATE AUCTION VIRTUAL ONLINE
KEOKUK, IOWA • LOT SIZE 35’ X 140’
GENERAL INFORMATION This historic brick office building has 1188 square feet on each of the three levels with an additional 840 square feet to the rear of the building. Currently there are several private office spaces ranging in size, 2 large conference rooms, large reception area, kitchenette and three 1/2 baths. The top floor has been used as storage recently. There are 2 garage stalls with alley access. A very nicely landscaped courtyard connects the garage and building. Lot Size: 35’ x 140’ Real Estate Taxes: $2,182.00 Physical Address: 511 Blondeau St. Keokuk, IA 52632
METHOD & TERMS
The Smith property will be sold for a lump sum total dollar amount. Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before December 22, 2023 upon delivery of a merchantable abstract and deed. Possession will be given at the time of closing, subject to the current tenants lease. Real Estate taxes will be prorated to the date of closing. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.
JOHN “JACK” & MARY JO SMITH Representing Attorney: Law Offices of James F. Dennis | 609 Blondeau St, Keokuk, IA 52632 | (319) 524-5595
AUCTION MANAGERS:
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
JEFF HOYER (319) 759-4320
DAN SULLIVAN (319) 795-1833
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
VIRTUAL ONLINE | KEOKUK, IOWA COMMERCIAL REAL ESTATE AUCTION TUESDAY, OCTOBER 24, 2023 AT 10:00 AM CDT
LOT SIZE 35’ X 140’
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 JOHN “JACK” & MARY JO SMITH
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