GENERAL INFORMATION
The "Denmark Celebration Center" is located at 1506 303rd Avenue, Denmark, IA. This commercial real estate lies along X-32 at the southeast edge of Denmark, IA. Denmark is located approximately 6 miles north of the Ft. Madison, IA (north of rodeo grounds). Or from Burlington, IA take Hwy. 61 south to Hwy. 16, then west approximately 6 miles.
The real estate which consists of approximately 3+ acres is improved with an exceptionally well built 70'x120' (8,400 sq. ft.) steel commercial building. The main room, which is 7,200 sq. ft., has a nicely polished, dyed concrete floor accented by a beautiful gas fireplace with lounge area. There are also large entrance doors entering the main area. Additional rooms: Large well designed commercial kitchen area, restrooms which are wheelchair accessible, office area and smaller storage rooms.
The property is serviced by city utilities including rural water. Exceptional heating and air conditioning units as follows: (3) 5-ton air conditioning units and (3) 110,000 BTU furnaces (the heating and cooling utilities have always been very reasonable).
This commercial building has an all steel frame and concrete floors throughout. There is a large graveled parking lot in front of the building. The building has a large front overhang entrance area and a large amount of concrete sidewalks, etc. Utility services include public water, (3) 5-ton air conditioning units and (3) 110,000 BTU propane furnaces. The utility bills on this building are very low due to excellent insulation. There is a large gravel parking lot with ample parking and a very nice overhang as you enter the facility.

Whatever business you might have in mind, we "strongly" encourage you to attend the Open House on Monday, August 2nd from 5:00 p.m. - 7:00 p.m. or call for your personal tour.

METHOD AND TERMS
The real estate will sell for a total "lump sum" dollar amount. 15% of the bid price to be paid on the day of sale with the balance due within 30 days, on or before September 16, 2010. Full possession will be given at the time of closing upon delivery of a merchantable abstract and deed. The 2010 real estate taxes will be prorated to the date of closing.

AUCTIONEERS' NOTE: After many years in the "banquet" rental party business, Pat and Laurie have decided to retire and sell their facility at public auction to the highest bidder! The building is in "tip top" condition and is ready for the new buyer to move in! The possibilities are literally endless!! Anyone having questions prior to the open house is encouraged to give us a call...once again, the public showing is Monday, August 2nd from 5:00 p.m. - 7:00 p.m. Hope to see you there!
PERSONAL PROPERTY INFORMATION: All personal property, including banquet tables, chairs, appliances, furniture, etc., will be sold at a public auction prior to the closing of the real estate. The personal property sale dale will be announced at the real estate auction.