Bonaparte, IA Commercial Real Estate Auction

Farm Auction in 603 1st Street Bonaparte, IA 52620, Bonaparte Iowa, United States

15 Wednesday
15th September, 2021

Bonaparte, IA Commercial Real Estate Auction

Farm Auction in 603 1st Street Bonaparte, IA 52620, Bonaparte Iowa, United States

Wednesday at - 15th September , 2021


2,280 Sq. Ft. Building in Bonaparte's National Historic Riverfront District! Open House on September 8th from 4-5PM. For information contact Steffes Group at 319.385.2000; Dennis Ebersole at 319.217.0658 or Nate Larson at 319.931.3944


Located at 603 1st Street, Bonaparte, IA

Bidding Opens:
Wednesday, September 15th  

Bidding Closes: Wednesday, September 22, 2021 at 5PM


Open House on Wednesday, September 8th from 4-5PM



Here is a building located in the Villages of Van Buren County on the banks of the Des Moines River in Bonaparte, IA.  This building is on the National Register of Historical Places and is a part of Bonaparte’s National Historic Riverfront District.

This property could be converted to suit many business opportunities.  The current floor plan offers a large bar with dining area, pool table area, kitchen, storage rooms, 2 restrooms & a concrete patio area overlooking the Des Moines River.  The building is 2,280 sq. ft. and is situated on 2 lots 26’x100’ & 25’x50’.  Building has electric forced air heat w/ central air. 

This real estate is being sold with the kitchen & bar equipment included.  The kitchen has a hood vent w/ Ansul system, fryer, flat top grill, char broiler, gas stove, double door cooler, dishwasher, ice machine & 3 compartment sink.  The bar has an under bar sink and bar cooler.  All equipment is selling in ‘as is’ condition.

Included: All kitchen equipment, Bar equipment, Booths, Tables, Bar stools, All items present on the day of final settlement.
Not included: Monster glass cooler, Budweiser signage & Pool table, 
Cold Plate (ice bin), Bar Gun, Bib Rack, (3) Co2 Tanks


Terms: 10% down payment on September 22, 2021. Balance due at closing with a projected date of November 5, 2021, upon delivery of merchantable abstract and deed and all objections have been met.  Tax parcel 000641208463125 will be transferred by Quit Claim Deed.

Possession: Projected date of November 5, 2021.

Real Estate Taxes: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.

Real Estate Taxes – Tax Parcels 000641208463120 & 000641208463125
Net      $884.00

Special Provisions:

  • This online auction will have a 5% buyer’s premium.  This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
  • Down payment is due on the day the bidding closes and signing of the contracts will take place through email and electronic document signatures.
  • If a bid is placed with less than 4 minutes left on the auction, the time on the auction will extend another 4 minutes.  This will continue until no bids are placed within the last 4 minutes.
  • Seller shall not be obligated to furnish a survey.
  • This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
  • This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
  • Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
  • The Buyer acknowledges that Buyer has carefully and thoroughly inspected the real estate and is familiar with the premises. The Buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the condition of the real estate.
  • Steffes Group, Inc. is representing the Seller.
  • Any announcements made the day of sale take precedence over advertising.

David N. DeYoung Estate

Michael J. Moreland – Attorney for Seller

For information contact Steffes Group at 319.385.2000;
Dennis Ebersole at 319.217.0658 or Nate Larson at 319.931.3944


TERMS & CONDITIONS All items sold AS IS WHERE IS. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles.

International buyers please check your importing regulations prior to bidding. Real Estate terms and conditions will vary per auction.    



Steffes Auctioneers Inc.

2000 Main Avenue East

West Fargo ND 58078-2210

Phone: (701) 237-9173(701) 237-9173

Toll Free: (800) 726-8609(800) 726-8609

Fax: (701) 237-0976

E-Mail: [email protected]om  [email protected]


Scott Steffes ND81 & MN14-51

Bob Steffes ND82 & MN14-09

Brad Olstad ND319 & MN14-70

Clark Sather ND463 & MN54-05      


Scott Steffes, Broker

Rodney Steffes, Licensed Sales Associate

Geri Paul, Licensed Sales Associate

Ashley Huhn, Licensed Sales Associate    


Steffes Auctioneers Inc

24400 MN Highway 22 South

Litchfield, MN 55355

Phone: (320) 693-9371(320) 693-9371  

Fax: (320) 693-9373

Email: [email protected]

[email protected]

[email protected]

[email protected]


Eric Gabrielson, MN47-006, ND890

Ashley Huhn, MN47-002, ND843

Randy Kath, MN47-001, ND894


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