Absentee
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High Bid: 0.00 USD
0 Bids
Time Remaining: 19d 7h 42m - Friday 01:00 AM
Soft Close
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Date(s)
9/28/2024 - 10/19/2024
AUCTIONEER INFORMATION

Information
Lot # 1
Group - Category Real Estate - Residential
Lead 45 E. Main St. Pulaski, VA 24301
Name Allen Estate Sale - Main Street Praise & Worship Chapel
Auctioneer
Type Internet Absentee Bidding
Date(s) 9/28/2024 - 10/19/2024
Auction Date/Time Info
Online bidding open 9/28/24 and ends with the live auction on 10/19/24
Preview Date/Time Contact Auctioneer Chris Cook at 540-239-6690 for showings.
Checkout Date/Time Closing within 30 days after the live auction.
Location
Buyer Premium 10% BP
Description
This solid commercial building on E. Main St. in Pulaski, formerly a church, is now turn-key ready for your business! Featuring a spacious open entertainment room complete with a stage, custom lighting, and surround sound, it's perfect for hosting events or transforming into a vibrant business space. The building also offers two large handicap-accessible bathrooms, extra wide hallways, an open office with a connected conference room and kitchen, a huge utility room, and more. Clean and versatile, this property is an excellent opportunity for a wide range of commercial ventures.
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 & buyer's premium are non-refundable. If the bidder fails to pay the balance due within 5 business days, the EMD & BP 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, BP 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 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% BP