POTTERY ON THE PLAZA BUSINESS LIQUIDATION

I-35 Auctions

I-35 Auctions

Auction Location: 14 S Federal Avenue, Mason City, IA 50401

Phone: 641-357-5417

Lot Categories: Retail/Store Fixtures (1)

Auction Closed
03/12/2024 07:35 pm

Closed



Showing 1 to 1 of 1 items

Current Bid: $3,150.00
Next Required Bid: $3,225.00
High Bidder: #463232

Reserve Reached!

Began Closing:
Tuesday 03/12/2024
07:35 pm CDT

Lot is Closed

 


Auction Details:

POTTERY ON THE PLAZA, a paint your own pottery business, is for sale! Items will need to be removed from the property by the end of March. 

Inspection

Auction Closing:

Tue, Mar 12, 2024
07:35 pm

Removal:


Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00 $1.00
$75.01 - $150.00 $5.00
$150.01 - $250.00 $10.00
$250.01 - $500.00 $25.00
$500.01 - $1,000.00 $50.00
$1,000.01 - $5,000.00 $75.00
$5,000.01 - $50,000.00 $100.00
$50,000.01 - $75,000.00 $250.00
$75,000.01 - $100,000.00 $500.00
$100,000.01 - $2,500,000.00 $1,000.00

Buyer's PremiumCap
15.00%$1,500.00


This auction is contracted and managed by: I-35 Auctions

Manager: Jon Tofte


PAYMENTS ARE DUE WITHIN 48 HOURS AFTER THE CLOSE OF THE AUCTION. Payment for this auction should be made with a certified bank check. 

I-35 Auctions is not responsible for accidents, injuries or damage to property while visiting the auction site. 

Buyers are solely responsible for assuring proper trailering of goods and securely fastening their own loads. I-35 Auctions and the seller are not responsible for any accidents which may occur due to improper loading, stowage or securing of loads. I-35 Auctions does reserve the right to refuse to load any vehicle that is deemed unsafe. 

Communications policy: By bidding on this auction, you grant I-35 Auctions permission to text and/or email you information relevant to this auction, such as removal or payment reminders, shipping information, etc.

Auction managed by I-35 Auctions, Clear Lake, Iowa

 


Auction Terms Addendum

This auction is contracted and managed by an independent affiliate. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.

Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies (“Affiliates”) to conduct online auctions.
Affiliates are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.

Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.

  • Bidders are responsible for all activity under their account.
  • Account information and passwords must not be shared.
  • All bids are binding and may not be retracted.

Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.

Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.

Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.

Auction Process

  • Items with a reserve will not sell unless the reserve price is met.
  • Affiliates may lower reserves at any time:
    • During the auction: updated reserve status will be displayed.
    • After closing: the highest bidder may be awarded the item if the reserve is lowered.
  • At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
  • Outbid notifications are not sent once an item enters the closing process.

Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.

If bidding privileges are suspended due to unpaid invoices:

  • Reinstatement is at K-BID’s discretion
  • Requires payment of:
    • 20% penalty on unpaid invoice(s)
    • $25 reinstatement fee
  • A valid government-issued ID must be provided
  • Unpaid items will not be awarded

Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.

Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.

Sales Tax
Applicable sales tax will be collected by the affiliate managing the auction.



14 S Federal Avenue
Mason City
IA, 50401


Phone: 641-357-5417

There’s no shipping for this auction

Online payments can be made through your K-BID Dashboard or we can process your payment in person on pick up day. If you want items shipped, please wait until freight charges are added before paying your invoice.