Excellent commercial property opportunity in Clarence, Iowa. Property includes a well maintained 2,944 sq ft office building in excellent condition and a 4,800 sq ft Quonset style storage building all on 2.64 acres with significant frontage on Union Pacific Railroad. This property is a former grain storage and handling facility with all structures recently removed except the office & storage building. Large lot that is adaptable to many commercial uses. Sale is subject to seller leasing back the office building from buyer for 5 years with the option to renew for up to an additional 5 year term. Owner will consider a split of the property between the office building and land which shall be negotiated at the time of an offer. Sale is subject to approval by Board of Directors of River Valley Cooperative. Buyer shall enter into a covenant not to compete. Contact Listing Agent for details.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
