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Auction Information
Auctioneer Fraise Auction & Real Estate 319-367-5744
Auction Date Nov 30 Auction
1683 354TH AVE
Time 01:30PM
Auctioneer's Other ListingsE-mail AuctioneerAuctioneer's Web Site
Auction Listing
AuctionZip Auctioneer ID# 2170



1683 354th Avenue, Wever, Iowa

(Old Hwy. 61)


Open House/Inspection: Thursday, November 16th from 3:30 – 4:30 P.M.

Description: Well-constructed Multi-Use commercial building. 2-stories with full basement, service elevator, loading docks, overhead doors and newer roof. Conveniently situated on a corner lot with nearly a half-acre of land with fenced pasture.

Auctioneer’s Note: Great potential for warehouse, retail, mechanics shop, etc., the possibilities are endless!  We strongly encourage all interested parties to attend the open house or contact our office for a private showing. Auction will be conducted online only, whereas each bidder can conveniently bid with an electronic device from anywhere!

Terms: $4,500 earnest money deposit at the end of the auction with the remainder due on or before December 28, 2017. The seller will provide a current abstract at their expense. Home sells “as is, where is”. Sale is not contingent on Buyer’s financing or any other contingencies.

Real Estate Taxes: Taxes will be prorated to the date of closing.

Closing:  Closing will take place on or before December 28, 2017. The balance of the purchase price will be payable at closing in the form of guaranteed check or wire transfer. 

Possession:  At closing upon payment in full.

Septic System: It will be the sole expense of the Buyer to inspect, update or install a septic system per Iowa DNR Time of Transfer Septic Law or sign a waiver with the Lee County Health Department that you will agree to remove any bathrooms to adhere Iowa DNR regulations.


David Beckman of Beckman Law Offices P.L.C.

314 N 4th St., Burlington, Iowa – Attorney for Seller

Fraise Auction & Real Estate

2311 Avenue L, Fort Madison, Iowa 52627

319- 372-9121   OR   319-367-5744


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    Auction Listings provided by Although the information published herein is from sources deemed reliable, expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.
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