Commercial Real Estate Auction
September 14 @ 10:00 am - 11:00 pm
COMMERCIAL REAL ESTATE AUCTION
SATURDAY, SEPTEMBER 14, 2019 10:00 AM
SALE TO BE CONDUCTED AT THE PROPERTY LOCATED
441 KEOTA STREET, OTTUMWA, IOWA
OR Corner of Keota & Lillian OR 1/2 Block West of Milner Street & Keota
REAL ESTATE: Excellent commercial property with nearly 5,000 square feet of shop & warehouse space. Large overhead door, full concrete fl oor plus 1,500 square foot offi ce space and over 1,500 square foot of upper apartment living space. Main fl oor bath plus 2 upper level bathrooms. Partial basement; 3-phase electric. Situated on 1-1/2 lots, commercially zoned in south Ottumwa. Make an appointment to view this property.
TERMS: 20% down day of sale, balance in cash upon delivery of A Warranty Deed, accompanied by Abstract of Title showing merchantable title. Real estate taxes will be pro-rated to possession date, possession given upon settlement.
REAL ESTATE WILL SELL AT 12:00 NOON
For further particulars or an appointment to inspect the property, please call the auction company: 641-682-5465.
LATHES, MILLING MACHINES & MACHINING TOOLS: Clausing Colchester machine lathe w/24”x72” bed; 1983 Goodway lathe, 16”x60” bed; Round tower Bridgeport-style knee-type mill; Carolina Tool commercial upright metal bandsaw w/feed; Chicago bench-style hydraulic drill press; Hydraulic-powered surface grinder w/cooling tank; Walker Turner drill press; 48” metal brake; Linde UCC305 heli-arc welder; American Hole Wizard 11”x48” drill press; 50hp hydraulic power unit, 3-phase; Heavy-duty bench drill press; Sunnen honing machine; Miller-matic mig welder; 5’ round steel welding table; 15hp hydraulic power unit; Chop saw; 6”x48” belt sander; Stainless steel nibbler; Rotary index table; A-frame hoist; Auto. Airco oxyacetylene torch; 12’ of track for straightline cutting; Heavy-duty bench grinder; Oscillating sander; Elec. rod oven; Hydraulic hose machine, complete for C1 & C2 hose, dies for 1/4” to 1-1/4” hose; Hydraulic fi ttings; Arbor press; Craftsman 12” radial-arm saw; Engine hoist; Shop fans; 7-1/2hp 3-phase twin-cylinder air compressor; Cylinder grinder; Heavy-duty chop saw; Steel rack; Bantam Iron sheer & hole punch; Steel base workbench w/8” vise, 6” chain vise & pipe vise; Several steel workbenches; Anglehead grinders; Saws; Asst. of machine dies; Micrometers from 0 to 12”; Die cart; Stands; Pipe extenders; Calipers & other machine tools; Parts washer; Elec. hoist.
FORKLIFTS: Clark gas-powered forklift; Clark LP forklift; Pallet jack; Dollies; Johnson 35hp outboard motor; Hiawatha & Evinrude outboard motors; Antique Seahorse 5hp motor; Snapper snowblower; 20” gas mower; Front-tine tiller; Elec. & hydraulic motors.
AUCTIONEER’S NOTE: Bob Rupe has been in the hydraulic design manufacturing business in this location for over 30 years. Be sure & attend this auction. Machine tools & equipment will sell promptly at 10:00 a.m., followed by the real estate at 12:00 Noon. Go to our website for pictures – www.almartinauction.net.
TERMS: Cash/ Good Check. Positive ID Required. MasterCard/Visa Debit/Credit Cards. All property must be settled for before removal. All items sold as is where is. Not responsible in case of accidents. Announcements made day of sale take precedence over any advertising.
ROBERT RUPE, OWNER
D/B/A R. E. RUPE HYDRAULICS
AL MARTIN REAL ESTATE & AUCTION CO., INC.
Jim Kosman, Roger Clingan & Todd Carroll – Auctioneers
307 Church St., Ottumwa, IA 52501
Phone: 641-682-5465 Website: www.almartinauction.net