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Listed by Dan Hershberger • Midwest Property Connections
$ 31,000
Est. payment /mo
Pending
120 W Jackson St Lime Springs, IA 52155
1.01 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 20263556
Year Built 1950
Annual Tax Amount $2,025
Tax Year 428
Lot Size 1.014 Acres
Acres 1.014
Property Sub-Type Office
Property Description
ABSOLUTE PROPERTY ONLINE ONLY AUCTION – BIDDING STARTS AT $5,000. Auction September 4 at 12:00 PM. Open House August 25 from 5:00–7:00 PM. Bid Here: https://daviscornersauctionservice.hibid.com/catalog/764915/lime-springs-school-property-auction Located at 120 W Jackson St. in Lime Springs, this former school and gymnasium property offers 21,932 sq. ft. of gross building area on 1.014± acres, consisting of two parcels selling together. The building includes 12 classrooms, 3 offices, a sizable gymnasium, kitchen areas, large dining area, appliance/laundry room, numerous lockers, multiple restrooms, and additional rooms and usable spaces throughout. The existing layout provides substantial space for a buyer looking to renovate, redevelop, or repurpose the property. Potential uses could include apartment or residential redevelopment, an event venue utilizing the gymnasium, community or recreational space, office space, or other uses, subject to applicable zoning, building codes, permits, and governmental approval. The property is being sold AS-IS, WHERE-IS and buyers should anticipate repairs, updates, and renovation. The lower level has notable moisture, the building has a musty odor, and some toilets, plumbing fixtures, mechanical components, and other building systems may be nonfunctional or require repair or replacement. Buyers are encouraged to inspect the property and complete their own due diligence regarding condition and suitability for their intended use. $5,000 is the starting bid and does not represent an asking price or anticipated sale price. This property is being offered through an online-only auction with a guaranteed sale. Auction closes September 4 at 12:00 PM.
Location
State IA
County Howard
Zoning none
Interior
Fireplace N
Exterior
View Y/N true
Others
Acceptable Financing NBR20263556
Listing Terms NBR20263556
Special Listing Condition Normal Sale
