Bought with Martin Curt • RE/MAX Independence Realty
$825,000
$895,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
2730-6 & 2732 Coots Blvd. Rowley, IA 52329
21.48 Acres Lot
Key Details
Sold Price $825,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Olsen'S Auto Salvage
MLS Listing ID 20214753
Sold Date 11/22/21
Year Built 2005
Annual Tax Amount $1,444
Tax Year 2020
Lot Size 21.480 Acres
Acres 21.48
Property Sub-Type Retail
Property Description
Olsen's Auto Salvage has been a successful family-owned and operated auto repair, parts and recycling business in south central Buchanan County, Iowa since the 1960's. Sale includes a 1-story home, buildings, extensive inventory and associated equipment all on 21.48 acres. The 4704 sq.ft. shop has an office area and 3 bays for repairs. Shop consists of two buildings--a 32x72 shed built in 1972 with a 30x80 addition built in 2005. Only the office area has central air and forced air heat. Shop area is heated with waste oil furnaces. A car crusher is on site and included for crushing non-salvageable vehicles. The inventory is computerized which allows them to ship parts nationwide. Also included is a 1248 sq.ft well-maintained home consisting of 3 bedrooms, 1 bath recently updated with new steel roof and new siding in 2021. The home has a partial block basement with crawl space, central air and forced air LP heat. There is a shared well for house and shop. New septic systems for both installed in 2021. The east edge of the property is located in the flood plain. Buyers will be responsible for maintaining drive access for ingress/egress to properties behind subject property. LP hanging furnace in shop bay is excluded.
Location
State IA
County Buchanan
Zoning A1 & M
Interior
Heating Forced Air, Gas, Office Only, Propane, Other
Cooling Central Air, Office Only
Flooring Concrete
Fireplace N
Exterior
Utilities Available Electricity Available, Phone Available
View Y/N true
Roof Type Metal
Building
Sewer Septic-Private
Structure Type Steel/WD Frame
Others
Ownership Individual,LL Corp
Acceptable Financing NBR20214753
Listing Terms NBR20214753
Special Listing Condition Normal Sale
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