Auction Date:
Ends:
October 29, 2026 | 6:00 pm
Auction Location / Nearest City:
420 N. Second Ave, Sheldon, IA 51201Featured items:
- .70-acre lot
- Commercial Building
- Location
- Visibility
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Auction Description:
Online Only Commercial Property Auction Of A Unique Property Located In Sheldon, IA!
Online Auction
Auction Ends: October 29th, 2026 – 6:00pm
Location: 420 N. Second Ave, Sheldon, IA 51201
Open House:
October 13, 2026 from 5:30 PM – 7:00 PM
Overview
Online Only Auction of unique commercial property situated on a .70-acre lot with excellent exposure and high traffic counts in SHELDON, IA
Location, visibility, and potential come together with this unique commercial property situated on a .70-acre lot with excellent exposure and high traffic counts. Whether you’re an investor, entrepreneur, established business owner, or simply looking for your next opportunity, this property offers plenty of possibilities. The existing commercial building was originally constructed in 1951 with an addition completed in 1988. Bring your ideas and restore or repurpose the current structure, or take advantage of the site and start fresh with a new building designed around your specific business needs.
With strong visibility and an affordable entry point, this property could be an excellent fit for a new business venture, investment property, expansion of an existing operation, or an additional location for an established business. Commercial properties with this combination of exposure, lot size, affordability, and redevelopment potential don’t come along every day. Take advantage of this rare opportunity and bid with your future plans in mind!
Legal Description: A parcel of land in the Northwest Quarter of the Southeast Quater (NW ¼ SE ¼) of Section Thirty (30) in Township Ninety-Seven (97) North Range os Forty-Two (42) West of the Fifth Princial Meridian (5th PM), in the City of Sheldon, referred to as Parcel P, and containing 30,490 Square Feet, more or less, according to the Palt of David L> Wilberding, L.S., as recorded as inst.#2008-0440 (Plat Book 5-95); subject to established highway
Taxes: The current Real Estate Taxes according to the O’Brien County Treasurer are approx. $1,994.00 per year. Seller will pro-rate the taxes to the date of closing.
Method of Sale: This property will be sold in total dollars on an online only auction! All bidding will take place online at zomercompany.com. An auto extension feature will be utilized. It is recommended to be logged in and registered on two devices for the auction as the auction is closing. Auction will close for bidding on October 29, 2026, beginning at 6:00 P.M.
Possession: December 4, 2026.
Closing Day: Closing day shall on or before December 4, 2026.
Terms: Purchaser(s) shall be required to pay a non-refundable $10,000 of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before December 4, 2026, when the buyer shall receive a clear and merchantable title to the property. This property is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied.
Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Seller does not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to IA statutes. All measurements, footages, years built etc. are not guaranteed and buyers are encouraged to do buyers due diligence. Any announcements made day of the auction will supersede any advertisements. Buyers are responsible for complying with all zoning and permitted uses and are encouraged to check with City of Sheldon Iowa for any and all permitted uses. Auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the seller.
Auction Location / Nearest City:
420 N. Second Ave, Sheldon, IA 51201Share this on:
