Courtesy: Midwest Property Connections
612-202-2335
ABSOLUTE PROPERTY ONLINE ONLY AUCTION – BIDDING STARTS AT $5,000. Auction September 4 at 12:00 PM. Open House August 25 from 5:00–7:00 PM. Bid Here: https://daviscornersauctionservice.hibid.com/catalog/764915/lime-springs-school-property-auction Located at 120 W Jackson St. in Lime Springs, this former school and gymnasium property offers 21,932 sq. ft. of gross building area on 1.014± acres, consisting of two parcels selling together. The building includes 12 classrooms, 3 offices, a sizable gymnasium, kitchen areas, large dining area, appliance/laundry room, numerous lockers, multiple restrooms, and additional rooms and usable spaces throughout. The existing layout provides substantial space for a buyer looking to renovate, redevelop, or repurpose the property. Potential uses could include apartment or residential redevelopment, an event venue utilizing the gymnasium, community or recreational space, office space, or other uses, subject to applicable zoning, building codes, permits, and governmental approval. The property is being sold AS-IS, WHERE-IS and buyers should anticipate repairs, updates, and renovation. The lower level has notable moisture, the building has a musty odor, and some toilets, plumbing fixtures, mechanical components, and other building systems may be nonfunctional or require repair or replacement. Buyers are encouraged to inspect the property and complete their own due diligence regarding condition and suitability for their intended use. $5,000 is the starting bid and does not represent an asking price or anticipated sale price. This property is being offered through an online-only auction with a guaranteed sale. Auction closes September 4 at 12:00 PM.
Lime Springs is located in Iowa. Lime Springs, Iowa has a population of 534. Lime Springs is less family-centric than the surrounding county with 29.29% of the households containing married families with children. The county average for households married with children is 31.81%.
The median household income in Lime Springs, Iowa is $58,929. The median household income for the surrounding county is $60,387 compared to the national median of $69,021. The median age of people living in Lime Springs is 40.6 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 5 degrees. The average rainfall is approximately 35.6 inches per year, with 43.9 inches of snow per year.
