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550 N Union Avenue

Urbana, IA 52345
  • $1,999,300
  • STATUS: Active
  • ON SITE: 512 Days
  • MLS #: 2203818
UPDATED: 48 min ago
$1,999,300
  • 0
    BEDS
  • 17.93
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,600
    SQFT
  • $1,250
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
2010
County:

School Ratings & Info

Description

Location, location, location!!!!! Dreaming of a turnkey, highly successful business? You have come to the right spot! The Sales Price of the Business is $1,999,300 (includes $600,000 of inventory) plus assets at time of closing including excess inventory (inventory above $600,000), 5 storage containers, 2001 (ton crane truck) and 2020 New Holland C337 Skid Steer Loader. The buyer has the option not to purchase the forementioned assets. The land is a operate transaction and can be purchased for $622,000. Otherwise can be leased for $2750 per month. The seller will make himself available for the first 2 months on an employment contract to assist with the transition with an option to act as a consultant for another 10 months.The seller has received a professional business valuationThe seller is willing to conduct the sales transaction as an "Asset Sale" allowing the buyer to depreciate their purchase price.

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© 2023 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2023-09-23T13:42:32.627.
www.lepicelite.com/homes/128156322
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550 N Union Avenue Urbana, IA 52345

  • Price: $1,999,300
  • Status: Active
  • On Site: 512 Days
  • Updated: 48 min ago
  • MLS #: 2203818
0
Beds
0
Baths
0
½ Baths
17.93
Acres
1,600
SQFT
$1,250
$/SQFT
2010
Built
Neighborhood:
OT-W (West Of I-380)
County:
Benton
Area:
OT-W (West Of I-380)
Property Description
Location, location, location!!!!! Dreaming of a turnkey, highly successful business? You have come to the right spot! The Sales Price of the Business is $1,999,300 (includes $600,000 of inventory) plus assets at time of closing including excess inventory (inventory above $600,000), 5 storage containers, 2001 (ton crane truck) and 2020 New Holland C337 Skid Steer Loader. The buyer has the option not to purchase the forementioned assets. The land is a operate transaction and can be purchased for $622,000. Otherwise can be leased for $2750 per month. The seller will make himself available for the first 2 months on an employment contract to assist with the transition with an option to act as a consultant for another 10 months.The seller has received a professional business valuationThe seller is willing to conduct the sales transaction as an "Asset Sale" allowing the buyer to depreciate their purchase price.
Exterior Features

Construction Materials Frame Levels One Roof AsphaltShingle Stories Total 1

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Gas Heating YN Yes Interior Features Storage

Property Features

Association YN No Lease Considered YN No Property Sub Type Business Security Features Security System Sewer Public Sewer Tax Annual Amount 16086 Tenant Pays ElectricityHeatInsuranceWater Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description Comm

Listing information © 2023 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Rachel Sutton of Re/Max Concepts: 319-395-0101.
© 2023 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2023-09-23T13:42:32.627.
 
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