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2 Ag Properties/1 Commercial Property in Laurens, Iowa
Selling On Our
UNRESERVED ONLINE AUCTION
March 20, 2025
Bidding opens March 6, 2025, and ends March 20, 2025, at 1:00 p.m.
Tract 2:
Description: Investment Opportunity! The former NAPA retail store located in downtown Laurens, Iowa and zoned commercial. Approximately 4500 sq ft of building space with open lot in the rear and street parking in the front. Own your own building and start your next business venture! This property is being sold As-Is.
The bidding increments will be $2500/bid. The final sale price will be calculated based on the highest bid. The real estate agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
BigIron Realty Office
2722 Highway Blvd
Spencer, IA
BigIron Realty Agents will be at the BigIron Realty Office in Spencer, IA, on March 6, 2025, from 11:00 a.m. until the conclusion of the online auction. Please come during the time scheduled to discuss the properties. BigIron Realty Representatives will be there to assist buyers with registering to bid online. You do not have to be present to bid online, but you must be available by phone.
BIDDING PROCESS: You may place bids on this property for 14 days, beginning March 6, 2025, and ending March 20, 2025, at 1:00 p.m. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours before the auction closes or call 800-887-8625 for assistance.
Address: 129 S 3rd Street, Laurens, IA 50554
Legal Description: Part of the SW ¼ NW ¼ and Pt of the SE ¼ NW ¼ Sec 27-93-34 Pocahontas County, IA containing .21+/- acres. Parcel #0127176009, Zoned Commercial
2024 Taxes: $1,274
Owner: Farmers Trusty & Savings Bank, Spencer, IA,
on behalf of John & Jennifer Newgard
Title Services: KC Title & Closing
For more information, contact the listing agent:
Sam Harper 712-339-5002
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to KC Title & Closing Trust. The earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing on or before April 22, 2025. The seller will provide a marketable title to the buyer; the title opinion and closing costs will be at the buyer’s expense. The seller will pay the 2024 real estate taxes, and the 2025 real estate taxes will be prorated to the day of closing. The property will not be sold subject to financing. Bidding increments may be changed at the discretion of the real estate agent. Please have all the financial arrangements made before the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.
Location
Terms
Terms: The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to KC Title & Closing Trust. The earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing on or before April 22, 2025. The seller will provide a marketable title to the buyer; the title opinion and closing costs will be at the buyer’s expense. The seller will pay the 2024 real estate taxes, and the 2025 real estate taxes will be prorated to the day of closing. The property will not be sold subject to financing. Bidding increments may be changed at the discretion of the real estate agent. Please have all the financial arrangements made before the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.