This desirable 3225± sq. ft. brick building has been operated as medical offices for many years and is ideal for numerous commercial uses.
Features include an entry foyer, large lobby, reception and filing offices, five private offices, six exam rooms
(offices with sinks), kitchen, lab, nurse station, 3 restrooms, 2 mechanical rooms, utility closet with mop sink, plus numerous other closets.
HVAC is by dual high efficiency forced air natural gas/electric systems. The .248± acre level site is paved.
ZONING – C-2 HIGH INTENSITY COMMERCIAL DISTRICT
From Interstate 81: Take the Hollins Exit # 146 and go South on Plantation Rd. Turn left on Williamson Rd. and just past CVS turn right (between CVS and Hill’s – Crouch Pharmacies). Continue to property behind Hill’s – Crouch Pharmacy. To rear entrance from Williamson Rd. and Plantation Rd.: Go South on Plantation Rd. and just beyond CVS Pharmacy turn left on Dexter Rd., then left on Back St. to property on left just past the CVS drive through entrance.
Any broker actively licensed in the Commonwealth of Virginia whose agent properly registers the successful high bidder will be paid a two percent (2%) commission at settlement. Registration must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. accompanying the Sealed Bid Auction Real Estate Purchase Agreement. If prospect attends preview, agent must attend with prospect. Agents acting as principals, on behalf of licensed real estate agents, on behalf of family members, on behalf of entities in which they hold an ownership interest or who represent prospects who have had prior contact with Seller or Auction Company are not eligible.
Terms & Conditions of Sale
This Auction is being conducted subject to the Terms and Conditions of Sale and the Sealed Bid Auction Real Estate Purchase Agreement.
BIDDER’S INFORMATION PACKET: The detailed Bidder’s Information Packet containing the Sealed Bid Auction Real Estate Purchase Agreement, title commitment, survey, tax parcel information, aerial and survey maps, bidding instructions and other detailed information is required to bid and is available free of charge from Auction Company at all open houses, via email, mail order, or at the offices of Woltz & Associates, Inc. (“Auction Company”) located at 23 Franklin Rd., Roanoke, VA 24011.
PROPERTY OFFERED SUBJECT TO SELLER CONFIRMATION: The Property is being offered subject to a minimum bid of $175,000.
BUYER’S PREMIUM: A five percent (5%) buyer’s premium must be added to the high bid to determine the total Purchase Price.
EARNEST MONEY DEPOSIT: A Deposit of ten percent (10%) of the Purchase Price in certified funds must accompany the bid either by cashier’s check or wire transfer. Deposit checks must be made payable to Woltz & Associates, Inc. Escrow Account. Cashier’s checks will not be deposited during the bid consideration period. All Deposits on offers not accepted will be return mailed to the respective bidders by April 12, 2017. Deposit for accepted Bid will be deposited to the Woltz & Associates, Inc. Escrow Account and held per the terms of the Sealed Bid Auction Real Estate Purchase Agreement. Call for wiring instructions, if needed.
BIDDING AND BID OPENING: To participate and bid in the auction, your fully executed and signed Sealed Bid Auction Real Estate Purchase Agreement (contained in the Bidder’s Information Packet) must be completed and delivered to Auction Company on or before 3:00 PM Eastern Time, March 30, 2017. The bids will be opened and the bidders placing the three highest bids will be notified by 10:00 AM on April 3, 2017 that they are entitled to enter the final round of bidding and raise their bid to their highest bid by 3:00 PM April 5, 2017. The bids will be opened at the offices of Woltz & Associates, Inc.
TIE BIDS: In the event of any tie bids, Seller may accept the bid of Seller’s choice, or Seller may elect to give the tie bidders the opportunity to raise their bid to their highest bid by 3:00 PM April 7, 2017.
NOTIFICATION OF ACCEPTED BID: The successful bidder will be notified by 5:00 PM Eastern Time on April 10, 2017, and all bids must remain irrevocable by the bidders until this time.
SETTLEMENT: Seller will prepare, and Buyer will accept, a General Warranty Deed. Buyer and Seller shall pay their own Settlement costs as is customary in the Commonwealth of Virginia. Each party will be responsible for its own attorneys’ fees. Seller is providing a Commitment for Title Insurance prepared by Fidelity National Title Insurance Co. If Buyer elects to purchase title insurance, the title insurance premium shall be at the Buyer’s expense. All Property shall be conveyed per the Property Description in the Commitment for Title Insurance. The Settlement date shall be on or before May 17, 2017.
ALL SALES ARE FINAL: All property is auctioned “AS IS, WHERE IS” with all faults in its condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate.
FINANCING: Your bidding and purchase of the property is not conditional upon financing. Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
AGENCY: Auction Company and its representatives represent the Seller in this real estate transaction.
BOUNDARY LINES: Boundaries on aerial photos are approximate.
GENERAL: The information contained in this brochure and otherwise provided by Seller and Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or Auction Company.
QUESTIONS: Questions should be directed to: Boyd Temple at 540-342-3560 or firstname.lastname@example.org