201 S Green St - STC Community School District - Old MS 48,000 SF Specialty Building Offered For Sale in Toledo, IA 52342

South Tama County Community School District (the “District”) is requesting proposals from those persons interested in purchasing the real property locally known as the South Tama County Middle School, located at 201 South Green, Toledo Iowa, and legally described as follows:
All of Block Nineteen (19), Original Town of Toledo, Tama County, Iowa.
(the “Property”).
The Property, including any improvements thereon, will be sold “as is,” with no warranties or representations as to condition, zoning, or appropriateness for any use. The Property will be conveyed by deed without warranty, subject to any easements and restrictions of record. The successful proposer will be required to enter into a perpetual Lease Agreement, granting exclusive use of the gymnasium and associated spaces on the Property to the District.
Prospective bidders may view the Property prior to submitting a bid by arrangement with Steve McAdoo by calling (641) 484-5702. Viewings may be scheduled between March 13, 2026 and April 10, 2026. If you require any other information prior to submitting a proposal, please contact the District at (641) 484-4811.
Any offers to buy a Property must be made using the form Offer to Purchase Real Estate attached hereto. No modifications may be made to this form except to insert the price and buyer information. By submitting an offer, the bidder is warranting it has sufficient funds or pre-approved financing for the purchase price offered, which representation is subject to confirmation by the District.
Each offer must be enclosed and sealed in an envelope plainly marked with the words: “OFFER TO BUY REAL ESTATE.” Each offer must be accompanied by a written proposal describing the proposer’s planned use of the Property. Offers must be received by Business Manager Katie Mathern at the District office at 1702 Harding Street, Tama, IA 52339, no later than 4:00 p.m. on April 10, 2026.
No offeror may withdraw their offer after the scheduled time for receipt of offers. The District reserves the right to request additional information for the evaluation of the offers received. The District reserves the right to reject any or all offers and to waive irregularities in any offer and to enter into an agreement, with or without modification, as shall be deemed to be in the best interests of the District.