Commercial Real Estate Auction
West Burlington, Iowa
Tradin' Post, Inc.

Click here to see photos for this auction

Friday, Feb. 24, 2012 - 2:00 P.M.

Location: Auction to be held at the Comfort Inn & Suites Conference Center, 1780 Stonegate Center Drive, Burlington, IA

Located at the Beaverdale Rd./
Washington Rd. intersection

Location
Real estate is located 3 1/2 miles west of Hwy. 61 (Roosevelt Avenue) on Hwy. 34 to the Beaverdale exit, then north 1/4 mile to the Beaverdale Road/Washington Road intersection.

14562 WASHINGTON ROAD, WEST BURLINGTON, IA

General Information & Inventory
(This is a turn key operation!)

- This commercial property consists of 1.92 deeded acres and is improved with a 60'x42' building w/2,520 sq. ft. and was most recently used as a convenience store, restaurant & grocery store. This property is supplied by city utilities, has a full bath and central air conditioning.
- Other features of this property include 720 sq. ft. canopy & 2 gas pumps for fuel (There is also a 12'x12' detached wooden storage shed).
- This is a turn key operation to include the following: 2-10,000 gallon underground gas tanks; 2-dual dispensers; 3rd dispenser piping in ground
- Tank and line tightness tested
- Gas pump console
- Tanks are approved & insured through closing date
- 2 - 6'x30" ss work tables, 1 - 4'x30" ss table
- Triple tub stainless steel sink
- 6'x27" triple lift top deli cooler w/various ss bins
- Lincoln Impinger Pizza Oven
- Hatco Flav-R-Fresh heated holding & display cabinet
- Roller grill for hotdogs & brats
- 5'x44" beverage island w/storage, water & electricity
- Zero Zone 5 door display freezer 13'6" x 80" x 36"
- Zero Zone cooler 8'6" x 80" x 36"
- Leer 8' x 24' x 8RN 8 door walk-in cooler w/new style Ardco doors & polywrap shelves
- (2) Copeland Copelametic Compressors - 3 hp, 230 volt, 1 ph, 60 HZ - (1) 2 yrs. old, one for freezer & one for cooler
- Compressor for 3 door cooler - 3/4 hp
- ADT security system
- Cathodic Protection System for tanks
- 20 cu. ft. Amana refrigerator w/bottom freezer
- Frigidaire upright commercial freezer
- 16' 6" display counter w/shelves - formica top
- Lots of Condola 5' shelving & grocery shelving
- 2 & 4 drawer filing cabinets
- (3) large hanging mirrors
- Paymentech credit card machine
- 2 - 4 camera security monitor systems - infrared outdoor camera
- 2 - Sharp electronic cash registers
- Greeting card display center
- Misc. other marketing & trade items included

Method and Terms of Sale

Twenty percent (20%) of the final bid price to be paid on the day of sale with the balance due at closing on or before March 22, 2012 upon delivery of merchantable abstract and deed. Immediately following the auction, the successful buyer(s) shall enter into a written agreement with the seller. Possession will be given at the time of closing. The real estate taxes will be prorated to the date of closing on the basis of the last available tax statement and all prior taxes.
All announcements made auction day shall take precedence over prior advertising, either written or oral. The information in this brochure 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 pertaining to this property. This real estate and chattel is being sold "as is".


Tradin' Post, Inc.
Allan E. & Robin R. Deen - Sellers
REPRESENTING AND CLOSING ATTORNEY: Mitchell L. Taylor
Cray, Goddard, Miller, Taylor & Chelf, LLP Law Firm
205 Washington Street, Suite 300, P.O. Box 606 - Burlington, Iowa 52601
Phone: 319-752-4537

For additional information contact Jerry Jones at 319-208-9465 or 319-850-2025 Burlington, IA or visit us online at:
www.sullivanauctioneers.com

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Hamilton, IL 62341-0111
Phone: 217-847-2160
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sold@sullivanauctioneers.com

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