Absentee
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High Bid: 0.00 USD
0 Bids
Time Remaining: 19d 7h 45m - Saturday 05:17 AM
Soft Close
Shipping Not Available
Reserve Not Met
Date(s)
9/28/2024 - 10/19/2024
AUCTIONEER INFORMATION

Information
Lot # 1
Estimate 250,000.00 - 450,000.00 USD
Group - Category Real Estate - Residential
Lead 51 & 53 E. Main St. Pulaski, VA 24301
Name Allen Estate Sale - The Allen Building Commercial Units
Auctioneer
Type Internet Absentee Bidding
Date(s) 9/28/2024 - 10/19/2024
Auction Date/Time Info
Online bidding opens 9/28/24 and ends on 10/19/24 at the live auction.
Preview Date/Time Contact auctioneer Chris Cook at 540-239-6690 for showings.
Location
Buyer Premium 10% BP
Description
Two prime commercial spaces, part of the Allen estate, are now available on E. Main St. in Pulaski. These versatile storefronts offer a unique opportunity for a variety of business ventures. One space features an industrial kitchen, perfect for food-related businesses, while the other includes private offices and a mini conference room, ideal for professional services. Both spaces boast updated luxury vinyl plank flooring, providing a modern look and easy maintenance. Situated in a high-traffic area, these commercial spaces offer excellent visibility and potential for growth. Don't miss the chance to make these well-equipped spaces your next business hub!
By registering for this auction, the Bidder agrees to comply with the following Terms & Conditions. Failure to adhere to these conditions may result in the Bidder’s removal from the auction and future auctions. Registration and Bid Card ID: Bidders must register and receive a Bid Card ID in order to participate in the auction. Bidders with negative scores or unpaid auction properties from previous auctions will be removed. Payment Terms: The total amount due will be the final 'hammer' price plus a 10% buyer’s premium and a 1% Earnest Money Deposit (EMD). The EMD & buyer's premium is required within 5 days of auction close. A request for payment will be sent to the winning bidder, and the deposit must be paid within this 5-day period. The EMD is non-refundable. If the bidder fails to pay the balance due within 5 business days, the EMD is forfeited without refunds or credits. Earnest Money Deposit (EMD): The EMD will be accompanied by a non-contingent Purchase Agreement. By placing a bid or submitting an EMD, the bidder accepts the terms of the Purchase Agreement. Due Diligence: Bidders are encouraged to conduct their own due diligence on the property and seek legal advice regarding the purchase. Failure to conduct due diligence will not constitute a waiver of these terms. All properties are sold "AS-IS" with all faults and defects and without any warranty or guarantee. Transfer of Real Estate Ownership: Closing must occur within 30 days of auction close. Failure to close within this time will result in forfeiture of both the buyer’s premium and the EMD. The closing will be handled by True North Title in Blacksburg, VA, unless otherwise specified by the seller. Refunds: All sales are final. No refunds or exchanges will be provided. The EMD and any other payments are non-refundable. Bidder Responsibility: By placing a bid, the bidder acknowledges they are entering into a legal and binding agreement to purchase the property at the final hammer price plus the buyer's premium and EMD. Communication: By registering for this auction, the bidder agrees to receive email and text message correspondence only related to the sale of the property. Auctioneer Rights: The auctioneer reserves the right to reject any bid or bidder at any time, for any reason. All sales are subject to the seller’s approval.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% BP