(Locally known as Rays Meats)
NEW LONDON, IA
COMMERCIAL REAL ESTATE AUCTION
Begins:
Wednesday, Apr. 2nd 2025 at 12:00 AM
Ends:
Monday, May. 19th 2025 at 11:00 AM
Auction Details
Inspection
Item Pick-up
Additional Photos
Contact
Auction Details
New London, Iowa
COMMERCIAL REAL ESTATE AUCTION
(Locally known as Rays Meats)
704 E Main, New London, Iowa
BIDDING ENDS: MONDAY, MAY 19TH, 2025 AT 10:00 A.M.
Open House/ Inspection: Sunday, May 4th from 1:00 P.M. – 3:00 P.M.
AUCTION INFORMATION
Prime Commercial Building with Asphalt Parking Lot – Endless Business Potential
- Zoned Commercial and situated on a .73-acre lot within city limits but at the edge of town on Old Hwy. 34, offering great accessibility.
- High visibility with prominent commercial road signage and a large asphalt parking lot for easy customer access.
- 4,082 sq. ft. commercial building, known locally as Ray’s Meats, currently set up as a neighborhood meat market and grocer but adaptable for various commercial uses, including its former operation as a restaurant.
- Features commercial retail space, office space, two restrooms, a rear kitchen, storage areas, and walled-in space for a walk-in freezer and cooler.
- 3 Phase electrical
- Tax Parcel: 440092510001200 – $6,658.00 Net Real Estate Taxes.
Auctioneer’s Note: This is a rare opportunity to own a versatile commercial property in a high-traffic location with endless potential for a variety of businesses. Whether you’re looking to establish a new venture or expand an existing one, this property offers incredible versatility. We strongly encourage all interested parties to attend the Open House or contact the Auction Company for a private showing. The auction will be conducted online only, allowing bidders to conveniently participate from anywhere using an electronic device!
Terms: $10,000 earnest money deposit due at the end of the auction with the remainder due on or about June 19, 2025. The seller will provide a current abstract at their expense. Real Estate sells “as is, where is”. Sale is not contingent on Buyer’s financing, inspections or any other Buyer contingencies. Buyer accepts any remaining personal property at the time of closing
Real Estate Taxes: Taxes will be prorated to the date of closing on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.
Reservations: All commercial equipment and personal property, including the actual walk-in cooler and freezer units, stainless steel sinks, shelving, digital road sign, etc., are not included in the sale.
Inclusions: Commercial hood vent and any remaining personal property at the time of closing
Closing: Closing will take place on or before June 19, 2025. The balance of the purchase price will be payable at closing by guaranteed check or wire transfer.
Possession: At closing upon payment in full.
NO REAL ESTATE BUYERS PREMIUM!
***ALSO SELLING PERSONAL PROPERTY (Begins closing at 11:00 A.M.)***
Neighborhood Meat Market & Grocery Equipment Auction – Online Only!
Don’t miss this exceptional auction featuring a full lineup of commercial meat processing and grocery equipment from Ray’s Meats, a well-known neighborhood meat market and grocer. This sale includes walk-in coolers and freezers, stainless steel prep tables, top-quality Hobart meat processing equipment, a custom-built smoker, display merchandisers, grocery shelving, and a wide range of commercial kitchen and office essentials. From meat grinders, slicers, and tenderizers to grocery carts, breakroom furniture, and a digital outdoor message center, this auction offers everything needed for a butcher shop, grocery store, or food service operation.
Highlights Include:
- Ray’s Meats proprietary recipe binder of all of the SECRET formulations and instructions!
- 16’ X18’ walk in cooler
- 18’ X 20’ walk in freezer
- Multiple stainless steel prep tables
- Hobart 4732 meat grinder/chopper
- Hobart HWS-4 dual film hand wrap station
- Hobart Quantum printer
- Butcher Boy VA-2 vaccum sealer
- Hobart 5700 slant meat saw
- Hobart 2612 meat slicer
- Hobart 403 tenderizer
- Frey Oscar 20 hydraulic stuffer
- Globe GS30 price computing scale
- 68” X 57” X 61” rolling custom built smoker
- Hussman upright cooler
- (9) AHT LA-S210 freezer & chillers
- 36’ vertical air curtain open display merchandiser (2) units
- Lozier style display shelving
- Meat lugs & cart
- Refrigerators
- Frigidaire elec. stove
- Multiple commercial shelving units
- (2) Alum. mobile meat racks
- (4) Alum. bakery mobile racks
- (3) Alum. sheet pan racks
- Full sheet pans
- Fresh meat pans
- (5) roasters
- Computers
- Grocery carts
- Breakroom tables & chairs
- Fire extinguishers
- 3-hole stainless steel sink
- Spartan Chem Select Wash/Rinse/Sanitize dispenser
- Stainless steel utility sink
- Signtronix digital outdoor message center
- office supplies
- Blender/food processor & countertop appliances
- Butchering knives, utensils, etc.
- Spices, Styrofoam containers, etc.
Pickup/Removal of Personal Property: Items to be picked up Tuesday, May 20th, from 9:00 AM to 3:00 PM and Wednesday May 21st from 9:00 AM to 12:00 Noon. Buyer’s Premium of 18% will be added to the final sales price! All personal property sells “as is, where is”. All items must be removed during the designated pickup times – NO EXCEPTIONS or will otherwise be subject to forfeiture without refund!!
RAYS MEATS
L & J WILLIAMS RENTALS LLC – OWNERS
Timothy Liechty of Bell, Ort & Liechty – Attorney for Sellers
Inspection
Open House/ Inspection: Sunday, May 4th from 1:00 P.M. – 3:00 P.M.
Item Pick-up
NA
Additional Photos
Contact
COREY FRAISE 319-470-0115