Historical Home for Sale, Town of Floyd VA | Live and Online Auctions on HiBid.com

There will be an Auction on Saturday - August 26th , 2017 at 10 am. The live auction will be held at 601 East Main Street, Floyd VA 24091. The Auction will consider live and online bids for the Home on 1.53 Acres located at 601 East Main Street, Floyd VA 24091. You can pre-register and bid online now. There will be an open house from 2 pm to 4 pm on Friday, August 18th, 2017. Terms and Conditions. Property will be sold to highest bidder subject to seller confirmation. Purchaser will be expected to place a 10% Earnest Money Deposit on Auction Day and sign a Real Estate Purchase Contract. Property is being sold "As-Is", not subject to Purchaser obtaining a Mortgage. There will a 10% Buyer Premium applied to final bid to arrive at a contract price. Purchaser is expected to close within 30 days. Download Bidder Packet for Maps, Property Information, Terms of Auction, and Sample Purchase Contract at www.BlueRidgeLandandAuction.com The home is a two-story built in 1879 on 1.53 Acres located in the Town of Floyd. The home is in good condition and has been updated over the years. The house has 4 bedrooms and 2 bathrooms. There is 2,304 Square Feet of Living area, a front covered porch, rear deck, and 3 buildings. The home is on a crawl space, has vinyl siding, a metal roof, 5 fireplaces, and Electric Baseboard Heat. This property located in the Town of Floyd, VA can be used as a Residence or a Commercial Property. The Town of Floyd is located within one hour of Roanoke, VA and 30 minutes to Christiansburg, Radford, and Blacksburg VA. Purchasers have a rare opportunity to own a part of history with a property listed on the Floyd County Historical Society Map. The property is zoned R-2. Zoning Map and description are included in Bidder Packet. Bidders are expected to complete their own due diligence for intended use. The process to change zoning from R-2 to B-2 is as follows. Owner must file a conditional use permit to Town Manager. The intended use is then presented to the Town Planning Commission. The Town Planning Commission will then give an opinion to the Town Council. The Town Council will hold a Public Hearing with neighbors and take that into consideration prior to final approval. The conditional use permit is $375. This change is not certain, it depends on the use and decision of the Town Council. There are properties close to this property which are zoned B-2. Future Land Use provided by Town shows property being auctioned as commercial. For more information please contact Auctioneer / Broker, Matt Gallimore with United Country - Blue Ridge Land and Auction. 540-239-2585 or email gallimore.matt@gmail.com