Commercial Property
2.16+/- Acres Selling in 5 Tracts
Dickinson County, Iowa
Selling On Our
UNRESERVED ONLINE AUCTION
September 17, 2024
Bidding opens September 3, 2024, and ends September 17, 2024, at 1:00 p.m.
Description: Prime commercial property located in the heart of Okoboji, Iowa! If you are searching for a high visibility location with frontage road access off of Highway 71, look no further. The Boji Welding & Services building, and adjacent parcels owned by the Kevin Zalaznik Estate will be selling on Auction, Tuesday, September 17, 2024. The 2,520 sq. ft. metal shop building built in the early 1990’s has been home to a well-known welding and fabrication shop for years. The building features an industrial hoist and air compressors, upper mezzanine/office with shower/bath and air conditioning. New cabinets included but are not installed for the office space. There is also plenty of storage inside. The building has light industrial electric as well. The four remaining parcels are undeveloped with access from P Ave, Milford, IA.
The bidding increments will be $1000/bid. The final sale price will be calculated based on the total highest bid. The real estate agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Milford Community Center
806 N Avenue
Milford, IA 51351
BigIron Realty Agents will be at Milford Community Center in Milford, IA, on September 17, 2024, from 11:00 a.m. until the conclusion of the online auction. Please come during the times 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 September 3, 2024, and ending September 17, 2024, 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: 2406 Okoboji Ave, Milford, IA
Legal Description: Tract 3: 11-06-101-026 Lot 14 Sternberg’s 3rd Subdivision,
2024 Taxes: Tract 3: $704
Land Location: 2406 Okoboji Ave & P Ave Milford, IA51351
Title Services: KC Title & Closing 502 Grand Ave Spencer, IA 51310
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. 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 October 17, 2024. The seller will provide a marketable title to the buyer; the title opinion and closing costs will be at the buyers expense. The seller will pay the 2023 real estate taxes, and the 2024 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.